Good morning, Asia. Here’s what makes news in the markets:
Welcome to Asia Morning Briefing, a daily overview of top stories during the US HOURS and an overview of market movements and analysis. For a detailed overview of US markets, see Coindesk’s Crypto Doybook Americas.
Bitcoin (BTC) trades over $ 105,000 as Asia begins its work day down 1%.
In a note, Paris-based digital assets wrote, as the trading company Flowdesk wrote, that the world’s largest digital asset moved into a tactical attitude with price consolidation.
“Since BTC consolidates near the heights of all time, altcoin volumes and liquidity have seen a continued meaningful shift upwards,” wrote flowDesk.
Flowdesk notes that Bitcoin’s volatility continues to fall despite threatening macroeconomic events that typically shake the markets.
With BTC, which is consolidated near its high time, there is a noticeable increase in call overwriting, observed flowDesk as dealers seek to make money on potential upside without giving up core-bitcoin exposure.
“The Altcoin rotation continues, ETF flow is back, and Volpositioning reflects a transition to more tactical, dividend-generating strategies,” concluded FlowDesk.
Meanwhile, Coindesk’s market insight reported that BTC is facing downward risks after striking a strong resistance near $ 108.8K, but ongoing institutional interest can provide support.
House Republicans reveal new crypto -billing that gives CFTC Key Oversight -Role
US House Republicans officially introduced the digital asset market clarity law, Coindesk reported us time on Thursday, their latest push to regulate crypto markets.
This 236-page bill, a successor of the previous FIT21 act, provides the Commodity Futures Trading Commission Primary Oversight of Digital Commodity Markets, establishes clear guidelines for Crypto Exchanges and exempts certain decentralized financing services (DEFI) from Securities and Exchange Commission (SEC) Overlight.
Flowing parallel to this, the Senate remains focused on separate Bipartisan StableCOin laws, which are further along procedure, but is facing a continuous debate. With committee hearings planned for next week, legislators will publicly discuss the new house bill and set the stage for negotiations that could shape us crypto regulation this session.
‘Crypto Mom’ Peirce says dealers have to take personal responsibility
Hester Peirce, chief of US securities and exchange commission’s crypto -task force, called Crypto Investors in Bitcoin 2025 to take personal responsibility for their losses rather than seeking government rescues, Coindesk reported on Thursday from BTC Vegas.
Peirce emphasized consistency among libertarian-minded crypto dealers and argued that those who demand freedom must also accept accountability for their financial results, especially when participating in speculative ventures like Memecoins.
Peirce highlighted an ongoing effort under Republican leadership to clarify SEC’s jurisdiction and said most crypto -tokens are not securities and therefore do not require SEC registration unless explicitly involved in securities. She remained neutral on companies that had digital assets on their balance sheet provided proper publication. Despite the current steps in decision making in SEC, Peirce noted that the establishment of a federal crypto regulator for retail would require clear legislative action from Congress.
Blockchain Founders Fund surpasses 200 investments
Blockchain Founders Fund (BFF), a Singapore-Based Venture Capital Company, which focuses on Web3 and Blockchain Startups, is set to advertise Friday at Web Summit in Vancouver that it has surpassed 200 investments in more than 160 companies.
The company was founded in 2018 and is known for supporting projects such as Shadeum, an Ethereum-compatible blockchain platform that uses dynamic state shooting and validation cloud, an infrastructure company that merges traditional companies with blockchain and AI technologies.
In October, the fund announced that it had hit the 150 -mark for investment.
Market Movement:
- BTC: Bitcoin deals with $ 105,713 as Asia begins its work day, after swinging between $ 105,682 and $ 108,927 over the past 24 hours and meets resistance near the top interval and signalizes potential bearish momentum.
- ETH: Ethereum has risen by 6%and topped by $ 2,784 before stabilizing nearly $ 2,650, as strong trading and institutional optimism outweigh wider economic uncertainties.
- Gold: Gold has risen by 0.4% and is trading by $ 3,311 as the US economy shrunk 0.2% on weaker expenses, customs impacts.
- Nikei 225: Japan’s Nikkei 225 fell 1.55%as the markets in Asia and Pacific fell Friday in the midst of US economic downturn, inflational concerns
- S&P 500: The S&P 500 closed 0.4% at 5,912.17 on Thursday, increased by Nvidia, but detained by the investor’s caution in the midst of the development of Trump’s “mutual” tariffs.
Elsewhere in crypto:
- SEC files for rejection of prolonged lawsuit against binance (Coindesk)
- ‘Most-Haded L1’: Arthur Hayes believes Ethereum could be doubled in price this year (Decrypt)
- Tokenized shares will be ‘larger than stableecoins’: supported CEO (Blockworks)
- Inside the $ 400 million Coinbase Overdue: An Indian Callcenter and Teenage Hackers (Fortune)
- Russia says financial institutions can offer crypto-connected instruments to qualified investors (Coindesk)
