AscendEX, a dominant player in the crypto exchange ecosystem, has officially collaborated with MetaCarbon, the earliest reward-driven carbon management forum. The partnership attempts to leverage the potential of decentralized finance (DeFi), artificial intelligence (AI), and Web3 technologies to bolster reward-led carbon management. As per the platform’s announcement on X, the joint development promotes eco-friendly behavior
US spot bitcoin exchange-traded funds (ETFs) recorded net inflows on Wednesday. Spot Ethereum ETFs also rebounded, attracting $35.12 million in net inflows on Wednesday. Bitcoin has been trading in a narrow band between $114,000 and $115,000 in recent days. US spot bitcoin exchange-traded funds (ETFs) recorded net inflows on Wednesday, halting a four-day streak of
Bitcoin price is attempting to recover above the $114,200 zone. BTC is now consolidating and might attempt to clear the $115,500 resistance zone. Bitcoin started a recovery wave above the $113,500 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with
Economist and Queens College Cambridge President Mohamed El-Erian made important assessments on US President Donald Trump’s dismissal of the Bureau of Statistics (BLS) President, the upcoming FED chair change, and interest rate cut expectations in the Morning Brief program. El-Erian argued that the Fed would have cut interest rates if it had known about the
GameStop CEO Ryan Cohen said the company would play its own game with Bitcoin. Key Takeaways GameStop isn’t the meme it used to be, according to billionaire Bill Gross. The company recently purchased 4,710 BTC, and its stock price has begun to mirror Bitcoin’s price movements. Legendary investor Bill Gross said GameStop (GME) is shedding
A month after halting the second phase of its central bank digital currency (CBDC) pilot, South Korea’s central bank is shifting its focus to stablecoins and other digital asset developments. In the latest development, it has launched a new committee to monitor the market and repurposed its CBDC team to explore the wider digital currency
On-chain metrics are flashing potential signs of stabilization for Bitcoin as profit-taking activity declines amid uncertainty in global markets. Bitcoin’s quick ascent to its all-time high of $123,000 in July has created an “air gap” of thin supply, extending from $110,000 to $117,000, according to Glassnode’s report on Wednesday. Still, Bitcoin is seeing demand from
Bitcoin’s (BTC) volatility meltdown continues as the cryptocurrency remains stagnant, with slow price action between $110,000 and $120,000. The cryptocurrency’s 30-day implied volatility, as represented by Volmex’s BVIV index, fell to an annualized 36.5% late on Wednesday, reaching levels last seen in October 2023, when BTC was trading below $30,000, according to data source TradingView.
Edelweis, a cutting-edge crypto exchange, has started a new partnership with XPayFi, a robust multi-chain payment platform. The collaboration is poised to enable seamless Web3 payments across diverse chains. As revealed by the platform in its latest social media announcement, the development merges payments, yield-generating mechanisms, and strategic financial instruments. This remarkable synergy denotes a
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Vietnam launches an international financial center with a crypto exchange pilot program by year-end. Bakkt enters Japan with bitcoin.jp rebrand. Chainlink launches US equities data. Nomura’s Dubai derivatives