Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Diary Americas. Since October’s flash crash, crypto has traded around a single […]
Some crypto leaders met with key lawmakers on Wednesday as the US Senate takes a break from debating a bill on crypto market structure — the industry’s main political goal. “It was a bipartisan indication of interest and forward momentum,” said Kara Calvert, Coinbase’s vice president of US policy, who spoke to CoinDesk after attending
Crypto industry insiders meet with key senators to negotiate market structure bill Read More »
The surge in crypto-linked stocks petered out soon after it started as bitcoin BTC$86,031.56 reversed from a move over $90,000. BTC is now trading around $86,500, down about 3.9% in the past hour. Other cryptocurrencies also fell. The price of ether ETH$2,828.75 fell 5.3% to around $2,850, and XRP fell 4.1% to around $1.89. The
Crypto stocks reject gains as bitcoin (BTC) price pulls back after rally to $90,000 Read More »
California Governor Gavin Newsom continues his colorful public campaign attacking President Donald Trump’s reputation and conduct, this time launching a page on the state’s website that purportedly “tracks Trump’s top 10 criminal associates” — a list in which the crypto world features prominently. The state’s own website includes the new page with comments from Newsom:
California’s Newsom pokes fun at Trump, marking convicted crypto-ally CZ, Ross Ulbricht Read More »
With a confirmation any minute of Mike Selig to take over the US Commodity Futures Trading Commission, its stand-in chief, Caroline Pham, is closer to her long-held plan to jump to crypto firm MoonPay. As CoinDesk reported last month, Pham is said to be planning to take on the role of chief legal officer and
CFTC Acting Chief Pham Ready To Go To Crypto Firm MoonPay When Mike Selig Lands Read More »
US-listed cryptocurrency exchange Coinbase (COIN) is introducing stock trading and incorporating prediction markets, along with a host of other new products and assets aimed at cementing the platform’s position as the “Everything Exchange”, according to a blog post on Wednesday. Coinbase said it is dramatically expanding the assets available for trading on its platform, including
Digital Wealth Partners, a Registered Investment Advisory (RIA) specializing in digital assets, offers XRP High Net Worth (HNW) holders access to an algorithmic trading app to generate growth and cash flow of their crypto holdings. A subsidiary of crypto family office firm Ascension Group, Digital Wealth Partners enlisted the help of Arch Public, a specialist
Algorithmic XRP trading coming from Digital Wealth Partners Read More »
Dogecoin and Shiba Inu fell during US hours as rising selling volume pushed both tokens below key technical levels, extending weakness across the meme coin segment, while ether underperformed other majors. News background The movement unfolded along with continued softness in the ether ETH$2,820.50which traders often treat as a proxy for risk appetite across altcoins.
Dogecoin and Shiba Inu fall as Ethereum loses appeal Read More »
Brazil’s main exchange B3 plans to deepen its involvement in the cryptocurrency space through the launch of a tokenization platform and its own stablecoin next year. The tokenization platform is set to allow assets to be tokenized and traded on the exchange, with Luiz Masagão, B3’s vice president of products and clients, saying both systems
Brazilian exchange B3 launches its own tokenization platform and stablecoin Read More »
Bitcoin has returned to its week low of $85,500 after suffering the dreaded “Bart Simpson pattern” earlier on Wednesday, where the price quickly runs higher, flattens out for a few minutes, and then just as quickly crashes back to its previous spot. The resulting shape on the charts ends up resembling the head of the
Don’t read too much into the current action Read More »
