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. Institutional crypto adoption accelerates as Fidelity backs MetaPlanet’s Bitcoin strategy, Henry Chang wins WEMIX legal vindication, and SharpLink amasses the world’s largest corporate Ethereum treasury position. Fidelity Subsidiary
Financial Times (FT) reports that Brandon Lutnick is in late-stage talks with Blockstream founder Adam Back on a roughly $4 billion deal to acquire bitcoin using a special purpose acquisition company (SPAC). Unnamed Sources Tell FT $4B Bitcoin SPAC Deal in Works Between Lutnick, Adam Back Cantor Equity Partners 1, a SPAC backed by Cantor
Terminus, known for bridging Web3 and real-world commerce, has announced its groundbreaking collaboration with Creator AI, an AI-based platform that creates melodies and memes. This partnership aims to enhance the use of various cryptocurrencies and make their flow seamless globally, facilitating creators to easily engage with the crypto sector for Web3 music and creativity. 👩🎨
Billionaire venture capitalist Peter Thiel has acquired a 9.1% stake in BitMine Immersion Technologies, a crypto infrastructure firm led by Tom Lee, founder and CIO of Fundstrat, according to a new SEC filing. Thiel, who reported shared voting and dispositive power over 5,094,000 shares, joins a growing list of institutional backers eyeing crypto-native companies not
MetYa, an innovative platform in the AI-led SocialFi sector, has announced its new partnership with Conflux Network, a well-known regulatory-compliant blockchain in Asia. The collaboration denotes a notable move toward the establishment of an AI-led, compliant, and scalable ecosystem for advanced decentralized social entities. The platform provided the details of this development in a recent
Bitcoin’s rally past $123,000 this week is being driven by a surge in institutional demand, with spot ETF inflows topping $4 billion in July alone. The price jump, from $105,000 at the start of the month to a record high on Monday, reflects growing confidence from both retail and institutional investors. The total market cap
Data shows Bitcoin’s retrace below the $117,000 level came right after a major spike in social media chatter, often a contrarian signal. Bitcoin Social Dominance Saw A Huge Spike As BTC Crossed $123,000 In a new post on X, the analytics firm Santiment has shared how social media users reacted to the latest Bitcoin price
“No member bank shall, directly or indirectly by any device whatsoever, pay any interest on any deposit which is payable on demand.” — Section 11(b) of the Banking Act of 1933 Money market funds — the world’s most boring financial product — terrified bankers as soon as they started to catch on in the 1970s.
Kadena, a popular public L1 blockchain using Chainweb architecture for DeFi protocol deployment, RWA tokenization, and AI-led application integration, has issued a new report examining RWA tokenization standards. In its report, Kadena has categorized ERC-3643 as the top compliance-ready standard for real-world asset (RWA) tokenization. Additionally, the report also emphasizes the significant requirement for efficient,