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. As bitcoin BTC$119,389.32 trades near $119,500, having just recently broken through
Mastercard’s Chief Product Officer Jorn Lambert says stablecoins are still far from becoming a mainstream payment option. This comes despite all the buzz surrounding the technology. During a call with analysts on Monday, Lambert said stablecoins boast incredible technical potential — fast transactions, 24/7 uptime, low fees, programmability, and immutability. But those features alone don’t
One year ago, Germany sold off 50,000 bitcoins, completely liquidating its stockpile. In the intervening time, the price of BTC doubled, and a similar today would’ve netted more than $6.64 billion. This example could provide a useful cautionary tale for leaders around the globe. Even if a government is determined to liquidate its holdings, a
Endless Protocol, a prominent decentralized intelligent platform that permits builders to seamlessly develop efficient and secure privacy-focused Web3 apps, has partnered with Arichain, a multi-dimensional and cutting-edge L1 blockchain. The partnership aims to combine liquidity across formerly separated single blockchains. The platform took to social media to announce this groundbreaking development. 🔥 Excited to announce
Retail investors buying long-term drove Bitcoin (BTC) out of its four-month channel between $100,000 and $110,000 to a new all-time high of $123,120, a 65% rebound from April’s tariff-panic low. According to the latest Bitfinex Alpha report, the move to heavy bidding from wallets holding fewer than 100 BTC, while long-term holder selling slowed. Grassroots
Daily trading in Bitcoin Ordinals reached its most active level since December 6, 2024, with CryptoSlam data showing $11.5 million in sales on July 14. The data also highlighted more than 8,000 unique buyers versus approximately 3,000 unique sellers, representing the widest buyer/seller gap in five months. The surge places the sales volume curve above
Coinbase stock hit an all-time high on Monday—echoing Bitcoin’s own record move—just short of $400, the price target set by Argus Research in a note published earlier in the day. Analysts Kevin Heal and Masako Inagaki labeled the crypto exchange a buy, calling it “promising,” despite its premium valuation. The stock closed at $394.22 on
In just about a week after the Satoshi-era Bitcoin whale created a buzz across the crypto market with its massive $8.6 billion BTC transfer, the whale is back—this time moving thousands of BTC tokens, according to recent data shared by the tracking firm Lookonchain. The same wallet address that previously moved a total of 80,000
⁷The bull market may be taking longer than expected to kick into its final gear, but the Bitcoin price structure remains bullish and steadily climbing within a rising trend channel. However, the potential upper targets have also moved higher, and might open the door to unprecedented price levels in the weeks ahead. Why The Bull