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 was hovering around $101,000 at the start of […]
“Extremely Bearish:” Is Bitcoin’s New Price Target $91,000? Read More »
More than a decade after purchasing 97 bitcoins for €10,000 (around $11,500) as part of a research project, Tenerife City Hall is preparing to sell the cryptocurrency for nearly €10 million. BTC was purchased in 2012 by the Instituto Tecnológico y de Energías Renovables (ITER), a public technology center focused on research into renewable energy
Tenerife Council to sell Bitcoin purchased in 2012 after price rises almost 10,000% Read More »
Fusaka’s upgrade to Ethereum, expected to go live in early December, promises to bring the world’s second-most valuable blockchain into an era of institutional-level adoption. For too long, Ethereum has been too slow and too expensive to attract meaningful activity to Wall Street. This could change as Fusaka implements major improvements in the way the
Ethereum is like a shark. If he stops moving he will die Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3,268.04, down 1.6% (-53.31) since 4 p.m. ET on Wednesday.Three out of 20 assets are trading higher. Leaders: ICP (+27.5%) and NEAR (+3.3%). Lagging behind: HBAR (-3.6%) and
Internet Computer (ICP) Jumps 27.5% as Index Falls Read More »
BONK-USD extended its decline on Thursday, sliding 4.06% to $0.00001174 over the past 24 hours as the Solana-based meme token failed to maintain its footing above the $0.00001200 level. The move continues a week of uneven trading among small-cap digital assets, with BONK’s volatility highlighting growing uncertainty in the meme token segment. The token traded
BONK Price Falls to $0.00001174 After $0.00001200 Support Breaks Down Read More »
SUI, the native token of the Sui layer 1 blockchain, fell 2.5% to $1.98 on Thursday, falling below the $2.00 level that had served as key psychological and technical support. The move came amid increased volatility and a notable increase in trading volume, indicating increasing institutional activity near critical price levels. The token’s price fell
SUI Falls Below $2.00 Support as Volumes Rise and Traders Eye Key Reversal Pattern Read More »
Google will bring Polymarket and Kalshi’s prediction market odds directly into Google Search and its revamped Google Finance platform, giving users access to crowd-based predictions on key upcoming events. The move is part of a broader rollout of features aimed at making Google Finance more interactive, AI-powered and globally accessible. For now, prediction market data
Polymarket and Kalshi prediction markets come to Google (GOOG) Read More »
Call it air escaping from what could be an AI bubble, or the Fed staging a liquidity crunch in a deepening economic slowdown, or some combination of the two, but markets are pulling back again on Thursday. Just before noon on the East Coast, the Nasdaq is down 2% and the S&P 500 is down
Bitcoin, MSTR, COIN and IREN down as US stocks fall Read More »
NEW YORK — Samourai Wallet developer Keonne Rodriguez was sentenced Thursday to five years in prison for his role in creating a bitcoin mixing service that prosecutors say was used to launder $237 million in dirty money. District Judge Denise Cote of the Southern District of New York (SDNY), who imposed the sentence on Rodriguez,
Samourai Wallet developer sentenced to 5 years in prison Read More »
Bitcoin BTC$101,277.82 has room to run – and quickly – according to a new forecast from JPMorgan analysts who see the cryptocurrency reaching as much as $170,000 in the next six to 12 months. In a note released this week, strategist Nikolaos Panigirtzoglou and his team said the recent deleveraging of crypto derivatives, particularly Bitcoin
Bitcoin (BTC) fair value is $170,000, says JPMorgan in gold-based model Read More »
