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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) is set to finish the trade week in […]

What to know DOGE dropped 8% from $ 0.22 to $ 0.21 between 03:00 on July 31 and 02:00 on August 1st and marked one of the steepest daily falls this month. Price action unfolded within a wide $ 0.03 range – between a top of $ 0.23 and a low level of $ 0.20

SOLV Protocol, which offers financial services to Bitcoin (BTC) holders, advertised BTC+, an automated vault to generate returns on spot market holdings. The new product is tapping several crypto sub-sectors and strategies, including basic arbitrage, defi-credit markets, protocol stitching and tokenized assets in the real world to offer a one-stop-yield-operating store for BTC holders. The

What to know The XRP dropped 8% over the last 24 hours and fell from a session height of $ 3.17 to a low level of $ 2.94 when intense sales pressure overwhelmed the original strength. The sharpest fall occurred in the midnight trade window on August 1, when XRP fell 2.7% in a single

Crypto markets experienced a sharp volatility over the last 24 hours, with more than $ 630 million in geared positions liquidated across exchanges. The majority of the injury came from Longs, which accounted for over $ 580 million of total liquidations when dealers were caught offside during a sudden intradag sale. Bitcoin (BTC) dropped to

Clearpool, a decentralized credit market space, revealed a package of products for financing payments, targeting fintech companies processing cross-border transfers and card transactions. The products include stableCOin credit pools for payment financing (Payfi) and CPUSD, a permission-free token that generates dividends from short-term loans to payment providers. “What many people overlook is that although stableecoins

Robinhood’s (hood) strong earnings in the 2nd quarter Wednesday night have led Wall Street to raise its expectations of the stock, but the modest increased suggest that the group believes that much upside has been priced in. Shares trading slightly higher Thursday morning for $ 106.50. Citi, which lifted its price target for $ 120

Bitcoin (BTC) has traded in an eerie tight range just under $ 120,000, but the rally loses momentum as the market enters what has historically been a soft month for crypto, warned a report from 10x research. August has been Bitcoin’s weakest month in the last decade, with only three positive years and others who

Coinbase (Coin) said it is increasing its Bitcoin (BTC) holdings and that it plans to launch tokenized US stocks and prediction markets in the coming months, marking a significant expansion of its business as it seeks to diversify its income stream. In a post on X on Thursday, Coinbase CEO Brian Armstrong said: “Coinbase is