XRP climbs 10% in rally
XRP climbs 10% in rally
XRP climbs 10% in rally Read More »
Ethereum Leads Recovery After $20 Billion Liquidation Shock
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 is trading at $115,157, steady after a volatile
Ethereum Leads Recovery After $20 Billion Liquidation Shock Read More »
Tether CEO Views Bitcoin and Gold as Hedges Against Fiat Currency Depreciation
Tether CEO Paolo Ardoino said in an article on On May 17, 2023, Tether said it would regularly allocate up to 15% of net operating profits earned toward purchasing bitcoin for reserves, thereby adding BTC to the surplus rather than using it to support the circulation of USDT one-for-one. The company presented the move as
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Binance to compensate users affected by the crash of Wrapped Ether, Staked Solana and Ethena’s USDe
Binance has voluntarily announced compensation for users who suffered losses due to platform disruptions Friday evening that triggered a significant drop in the prices of Wrapped Beacon Ether (wBETH), Binance Staked SOL (BNSOL), and Ethereum’s synthetic dollar USDe. “Due to significant market fluctuations over the past 16 hours and a large influx of users, some
Wiston Capital on Bitcoin vs Altcoins and what to watch now
Friday’s cryptocurrency selloff was a rapid, leverage-driven cascade that crushed altcoins while bitcoin held up relatively better — and the next phase depends on a handful of signals, according to Wiston Capital founder Charlie Erith. In a Sunday article titled “Crypto Crumble,” Erith said the market excluding bitcoin, ether and stablecoins fell about 33% in
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Bitcoin, Ether and Solana bounce back as trade tensions ease
A slight reversal of Friday night’s carnage in crypto markets is underway after some calming trade war-related remarks from Beijing and Washington. The setbacks began late Saturday when China’s Commerce Ministry said its export controls did not constitute blanket bans and that eligible applications would continue to receive licenses. The agency further said it expected
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Crypto surge in Q4? Historical trends, Fed shift and ETF demand align
As the final quarter of 2025 begins, investors are entering a historically favorable period for crypto markets, particularly bitcoin. BTC$112,873.59which has generated an average fourth quarter return of 79% since 2013. According to a new report from CoinDesk Indices, several factors could contribute to this trend repeating, including monetary easing, growing adoption by institutions, and
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There’s too much friction in Web3 for newcomers. Here’s how we fix the problem.
Imagine someone’s first day in crypto. They heard promises to own their own money, access global markets and participate in the new economy. They download a wallet, buy ETH and find an interesting application. Then it happens. “Please upgrade to basic network.” What? They frantically Google it, watch a YouTube tutorial, and maybe they understand
There’s too much friction in Web3 for newcomers. Here’s how we fix the problem. Read More »
Crypto Markets in “Extreme Fear” as China Refutes Trump’s Additional 100% Tariff Threat
China’s Ministry of Commerce (MOFCOM) says its new rare earth export controls constitute legal national security measures – not blanket bans – and that licenses will be issued for eligible civilian trade, according to a spokesperson’s Q&A released Sunday morning local time. Rare earths – a group of 17 elements used in permanent magnet motors
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Jonathan Man explains what happened and how
Friday’s selloff triggered what Bitwise portfolio manager Jonathan Man called the worst liquidation event in crypto history, with more than $20 billion wiped out as liquidity disappeared and forced deleveraging took hold, in an article on X published on Saturday. Perpetual futures contracts – “perps” for commercial shorthand – are cash-settled contracts with no expiration
Jonathan Man explains what happened and how Read More »