Bitcoin BTC$91,429.96 is down 30% from its October all-time high of $126,250 and 17% in November, which is the worst month of 2025 and the weakest monthly performance since June 2022. After falling below $90,000 early Tuesday, bitcoin is now 43 days into a correction, putting it in a decline similar to that of April […]
BTC correction reflects April decline as 2025 buyers fall into the red Read More »
By Omkar Godbole (All times ET unless otherwise noted) Risk-averse sentiment has strengthened in Asian exchanges as the price of Bitcoin has risen. BTC$91,773.15 briefly fell below $90,000 for the first time in seven months before stabilizing near $91,000, a 24-hour decline of 4.5%. While major alternative cryptocurrencies like XRP$2.1878BNB BNB$931.35 and GROUND GROUND$139.89 also
Bonds Suggest Rebound: Crypto Daybook Americas Read More »
Tether has made a strategic investment in Ledn, a leading provider of bitcoin-backed consumer loans, with the aim of expanding access to credit collateralized by digital assets, the company announced in an emailed statement on Tuesday. The amount of the investment was not disclosed. Tether declined to provide further details when contacted by CoinDesk. This
Bitcoin (BTC) Backed Lending Businesses Attract Tether Read More »
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. Bitcoin’s fall below $90,000 looks like the start of
BTC Market Stress Reveals New Crypto Order Read More »
HBAR plunged 5.9% on Monday as institutional selling overwhelmed the market, breaking several support zones near the key $0.1500 level. The sharp decline accelerated at 1500 GMT when volume surged 71% above average, triggering large stop-loss cascades and forcing momentum traders to quickly unwind their positions. Price action remained under bearish control for most of
HBAR falls 6% to $0.144 as technical outage accelerates Read More »
Obex, a new cryptocurrency incubator, has raised $37 million to support building the next generation of yield-generating stablecoins led by Framework Ventures, LayerZero and the Sky ecosystem, the team told CoinDesk in an interview. The initiative aimed to invest and provide capital in projects that bring real-world, asset-backed strategies online, bringing institutional-grade risk controls and
Sky-backed Obex raises $37 million to create a “Y Combinator” for stablecoins Read More »
Revolut is working with Ethereum overlay provider Polygon Labs to enable its customers in the UK and EEA to make crypto fund transfers in USDC, USDT and POL, via the Polygon blockchain and the Revolut app. The European fintech giant, which serves more than 65 million users across 38 countries, began enabling stablecoin transfers through
Revolut taps Polygon for stablecoin transfers in the UK and EEA Read More »
Stellar falls from $0.2577 amid broad consolidation, but the technical rebound from $0.248 indicates that buying interest remains intact.
XLM slides 3.2% to $0.25 as Altcoin purge continues Read More »
Crypto exchange Kraken has raised $800 million in new funding, including $200 from an investment from Citadel Securities, to accelerate its efforts to bring traditional financial markets to blockchain infrastructure, the company announced Tuesday. The round was divided into two tranches, with the main one led by institutional investors including Jane Street, DRW Venture Capital,
Kraken gets $800 million raise backed by $200 million investment in Citadel Securities Read More »
Buenos Aires — Fintech giant Robinhood (HOOD) is laying the groundwork to push the traditional financial system into a permissionless ecosystem, according to the head of strategy at blockchain development company Offchain Labs. The brokerage app’s recently launched tokenized stock offering in Europe, which already includes nearly 800 publicly traded securities and is expected to
OffChain Labs on Robinhood (HOOD) tokenization plans Read More »
