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.
Founding manager Jeff Deep by Saphira Group wants you to zoom out and stop sweating the short -lived charts.
His dissertation: Data points that suggest institutional Bitcoin
Buy losing steam Miss the bigger picture.
In a note that is shared with Coindesk, Deep claims that fear of fading the institutional demand for Bitcoin is excessive, rooted in narrow snapshots of the market.
Yes, ETF and Business Purchase have cooled down recently – Michael Saylor’s strategy bought only 16,000 BTC last month, down sharply from December’s 171,000 BTC traits. But this insists deep, is not a sign of decline. It is a natural EBB in what he calls a “cyclic wave” of the adoption.
“Institutional currents often come in waves instead of a smooth linear increase,” wrote deep. “Short -term demand is fluctuations in the spot market are less ripening on what is actually a rising tide of institutional commitment.”
Deeply points to the addition of 51 new Corporate BTC Treasuries in the first half of 2025 alone, corresponding to the total amount from 2018 to 2022 combined, and an increase of 375% over the year over the year in the company BTC.
Public companies now have 848,902 BTC or approx. 4% of the total supply in which Q2 2025 only sees 131,000 BTC added to their balance.
He also highlights the explosive growth of Bitcoin ETFs as further evidence of elaboration of institutional participation. Blackrocks Ibit Fund, now the largest in the world, has 699,000 BTC, more than 3.3% of the total supply after he became the fastest growing ETF in history.
American spot -TFs have collected caught approx. 1.25 million BTC, or approx. 6% of the total offering, in just 18 months ago their launch, he points out in the note.
Dybent’s thesis is finding echo in the option for options.
In QCP Capital’s recent note, the Singapore-based fund pointed to whales that continue to build exposure to upward risk, snapping up in September $ 130,000 BTC calls and holding $ 115K/$ 140K call spreads.
“VOLS remains attached near historically low, but a decisive violation of the $ 110,000 resistance could trigger a renewed volatility bid,” QCP wrote in a Monday note.
So while bears can point to stagnant spot streams and the almost empty mempool as a sign of fatigue, DMENT claims they are just ripples on the surface.
Below the tide rises and Wall Street with its trillion on trillions of regulated capital is hungry for crypto. It just doesn’t come at once.
BTQ pushes quantum -safe frame for stableecoins
BTQ Technologies has introduced Quantum StableCOin Settlement Network (QSSN)A framework designed to help banks, payment companies and digital active platforms future-proof stableecoin issuing against threats from quantum calculation.
In a press release detailed BTQ how the system could support quantum-proof versions of popular stablecoin models, including JPMorgan’s suggested USD DEPOPEITUM TOKEN (JPMD)By upgrading privileged actions such as mint and burning with double cryptographic signatures (ECDSA and FALCON-512)While preserving compatibility with existing token standards, workflows and wallets.
The launch is coming as the StableCOin market surpasses $ 225 billion and legislators are pushing for regulation for cyber security.
Genius Act, which is currently moving forward in the US Congress, would formalize federal standards for Fiat-backed stablecoins and encourage quantum-safe architecture.
BTQ, who has been working with NIST for over a decade, aims to shape these standards and position QSSN as critical infrastructure.
Market movements
BTC: Bitcoin fell 1.02% from July 6 at. 22:00 to 7 July at
ETH: ETH rose 1.67% in the middle of fleeting trade and swung nearly 3% between $ 2,529 and $ 2,604 to support $ 2,530, institutional influxes peaked $ 1.1 billion, and volume above average marked both the increase and subsequent sale.
Gold: Gold dipped on a stronger dollar, but rebound on customs demand for a safe haven, with the Central Bank’s purchase and de-dollarization fuel forecasts for a demonstration against $ 4,000.
S&P 500: Shares fell Monday when Trump announced new tariffs on imports from seven countries and sent the S&P 500 down 0.79% to 6,229.98.
Nikkei 225: The markets in Asia and the Pacific rose mostly despite the fact that Trump announced steep US tariffs on 14 trading partners, with Japan’s Nikkei 225 up 0.36%, as tasks of up to 40% were outlined for countries, including South Korea, Indonesia and Thailand.
Other places in crypto
- Trump makes banking on Crypto: Is voters Care? (Decryptter)
- Vitalik Butterin favors ‘copyleft’ (Vitalik butterin)
- The upcoming crypto tax bomb (Coindesk)
