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. Digital Asset Treasury (DATs) companies – firms that put bitcoin on
A major Bitcoin whale has sold more than 31,000 BTC since mid-August, according to CryptoQuant data. The address, known as “195DJ,” still holds nearly 50,000 BTC, worth about $5.4 billion at current prices. The whale’s move coincides with Bitcoin’s drop from above $120,000 to around $108,600 today. The steady outflows began on August 18 and
Bitcoin long-term holders have seen their spending accelerate recently, with the largest daily spike of the year taking place on Friday. 1 To 2 Years Old Bitcoin Investors Made Up For The Biggest Part Of The Spike In a new post on X, on-chain analytics firm Glassnode has discussed how the activity of the Bitcoin
Following a week-long outflow spree, Bitcoin ($BTC) ETFs have witnessed a rebound in inflows. As per the data from Glassnode, the Bitcoin ETF inflows have again jumped into the positive zone with the inclusion of 3,018 new $BTC. The exclusive inflows take place amid a significant price fluctuation, as Bitcoin ($BTC) is hovering around $108K.
Story Highlights The demand for Gold by the BRICS movement has helped increase its share as a global reserve currency. The U.S. dollar has declined its share as a global reserve currency even with the mainstream adoption of its stablecoins. Bitcoin is regarded as digital gold by central banks, thus likely to increase its share
Bitcoin ($BTC) is displaying a high-risk technical outlook that could determine its trajectory in the near term. In this respect, Bitcoin ($BTC) is reportedly witnessing a critical support test around $101,500, as dipping below this level could invalidate the bullish Head and Shoulders (H&S) continuation pattern. As the prominent analyst, “Aksel Kiber, MT,” mentioned in
Cryptocurrency analyst Benjamin Cowen made remarkable predictions about Bitcoin (BTC) and the altcoin market in his latest published assessment. According to Cowen, BTC dominance may soon find the bottom and enter an uptrend again. Cowen stated that the Bitcoin price faces three possible scenarios in the coming period, and that all of these scenarios have
Bitcoin (BTC) may have peaked earlier than expected this cycle if history is any guide, according to new research by CoinGecko. In an Aug. 28 report, CoinGecko analysts said that after hitting a new all-time high of $124,128 in mid-August, BTC was lined up with the historical average time it has taken to reach an
El Salvador is preparing to host the world’s first government-sponsored Bitcoin conference, set for November 12–13, 2025, in San Salvador’s historic center. The event, branded Bitcoin Histórico, will be staged by the National Bitcoin Office and is being described as a “testament to an extraordinary moment in history.”