Year: 2025

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 (BTC) traded just above $115k in Asia Tuesday morning, slipping […]

Wall Street giant Citigroup (C) has launched new ether (ETH) forecasts, calling for $4,300 by year-end, which would be a decline from the current $4,515. That’s the base case though. The bank’s full assessment is wide enough to drive an army regiment through, with the bull case being $6,400 and the bear case $2,200. The […]

Glassnode data shows that all wallet cohorts have returned to distribution mode, with a net selling of bitcoin, according to the Accumulation Trend Score breakdown by wallet cohort. This metric disaggregates the Accumulation Trend Score to show the relative behavior of different groups of wallet. It measures the strength of accumulation for each balance size […]

Top meme tokens traded under pressure as a multimillion dollar hack of Shiba Inu’s layer-2 network, Shibarium, dented investor confidence in joke cryptocurrencies. On Sunday, Shibarium fell victim to a flash loan attack on its validator system, which drained about $2.4 million in ether (ETH) and SHIB. The CoinDesk Memecoin Index has dropped 6.6% in […]

The U.S. Federal Reserve is likely to dominate markets, both crypto and traditional, in the coming week. Traders are positioned for a rate cut of at least 25 basis points when the Fed announces its decision on Sept. 17, according to CME’s Fedwatch tool. What to Watch Crypto Sept. 16, 12 p.m. ET: Solana AMA […]

The Financial Times (FT) reported on Monday that cryptocurrency groups are urging the Bank of England (BoE) to scrap proposals limiting the amount of stablecoins individuals and businesses can own. The groups warned that the rules would leave the UK with stricter oversight than the U.S. or the European Union (EU). According to the FT, […]

Fears of a downside for bitcoin (BTC) and ether (ETH) have eased substantially, according to the latest options market data. However, the pace of the next upward move in these cryptocurrencies will largely hinge on the magnitude of the anticipated Fed rate cut scheduled for Sept. 17. BTC’s seven-day call/put skew, which measures how implied […]

Bitcoin (BTC) is about 4% higher than it was a week ago—good news for the digital asset but bad news for the economy. The recent negative tone of the economic data points from last week raised expectations that the Federal Reserve will cut interest rates on Wednesday, making riskier assets such as stocks and bitcoin […]

Investors are counting down to the Federal Reserve’s Sept. 17 monetary policy decision; markets expect a quarter-point rate cut that could trigger short-term volatility but potentially fuel longer-term gains across risk assets. The economic backdrop highlights the Fed’s delicate balancing act. According to the latest CPI report released by the U.S. Bureau of Labor Statistics […]

More and more companies are attracted to the idea of launching their own Ethereum layer 2 network. Most of them shouldn’t bother. There’s already a staggering number of them — over 150. Quite a few of these are centralized and linked to a single enterprise and several companies such as Robinhood have recently announced plans to […]

The memecoin sector is heating up as fresh altcoin season talks are starting to grow on social media, partly driven by expectations that the Federal Reserve will this coming week cut interest rates, a boon for risk assets. Bitcoin’s market dominance has dropped 3.5% in the past month, and its underperformance relative to altcoins has […]