Bitcoin has fallen to its lowest level in three weeks as US President Donald Trump released an executive order imposing trade tariffs on a raft of countries. Bitcoin (BTC) fell to $114,250 on Coinbase during early trading in Asia on Friday, according to TradingView. It hasn’t been that low since June 11. The original cryptocurrency
According to Bloomberg data, IBIT set a record by reaching $10B in assets in just 34 trading days. 75% of IBIT investors were first-time BlackRock clients, driving broader platform adoption. IBIT’s rapid growth outpaced all major ETF peers, highlighting surging demand for Bitcoin ETFs. According to Bloomberg Intelligence data, the iShares Bitcoin Trust (IBIT) has
KREDO AI, an agentic AI reputation layer for Web3, has announced a strategic alliance with Zeni.io, an AI-powered Web3 engagement platform. KREDO AI is a reputation layer designed to verify AI claims against on-chain data, aiming to drive transparency and accountability of AI systems running in decentralized applications. On the other hand, Zeni.io is a
Bitcoin (BTC) fell 2.3% to ~$115,300, pressured by a third major wave of profit-taking and new US tariffs. $6–8 billion in realized gains were recorded in late July, with an “OG whale” selling 80,000 BTC on July 25. New tariff tensions, including measures targeting Canada, have rattled broader risk assets, including crypto. Bitcoin is poised
Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, visited El Salvador in mid-July to establish strategic alliances and gain a deeper understanding of the bitcoin adoption process in the Central American country, to replicate and adapt the positive impact it’s having overall in Pakistan. Bitcoin diplomacy is underway, and such is the
Solv Protocol, which offers financial services to bitcoin holders, announced BTC+, an automated vault for generating returns on spot market holdings. The new product taps several crypto sub-sectors and strategies, including basis arbitrage, DeFi credit markets, protocol staking and tokenized real-world assets to offer a one-stop yield-farming shop for BTC holders. The introduction underscores the
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is set to end the trading week in Asia down
Despite their obvious applicability, social currencies have yet to be fully-explored in the context of blockchain use cases. The last crypto cycle saw a variety of experimentation with the concept, but these attempts ran into product-market fit and regulatory barriers, and thus have not ascended into the mainstream consciousness. Builders in Brazil, however, think they