News Background DOGE advanced 4% during the 24h session from Sept. 3 at 03:00 to Sept. 4 at 02:00, climbing from $0.216 to $0.218. Trading volumes spiked to 416.41M tokens during resistance testing at $0.223, far above the 24h average of 244.87M. Prediction markets (Polymarket) show ETF approval odds rising from 51% to 71%, drawing […]
Ripple, the payments-focused digital asset firm, is expanding its U.S. dollar-backed stablecoin Ripple USD (RLUSD) to institutions in Africa through new partnerships with Chipper Cash, VALR and Yellow Card distributors. The rollout aims to give businesses across the continent access to a stable, digital dollar designed for cross-border payments, liquidity and on-chain settlement, the company […]
News Background XRP traded in a narrow 2% range from $2.81 to $2.87 during the 24h session from Sept. 2 at 14:00 to Sept. 3 at 13:00. Large wallets accumulated roughly 340M XRP (~$960M) over the past two weeks even as institutions liquidated ~$1.9B since July. Total transaction volume across the XRP Ledger reached 2.15B […]
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 stuck in a holding pattern near $112,000, according to […]
Bitcoin’s (BTC) slide into September comes with an uncomfortable reminder for traders that history is not on their side. The largest token by market capitalization has declined in nine of the last 14 September months, with an average monthly loss of around 12%. This seasonality looms large again in 2025. Bitcoin opened the week near […]
Global cryptocurrency trading firm OKX was fined 2.25 million euros ($2.6 million) by the Dutch National Bank (DNB) for offering crypto services in the Netherlands without having registered with the financial regulator. The fine on the company, whose official name is Aux Cayes Fintech Co., relates to the period July 2023 to August 2024, before […]
Figure Technologies, the blockchain lender founded by SoFi co-founder Mike Cagney, is aiming for a valuation of up to $4.13 billion in its upcoming initial public offering, according to new filings with the U.S. Securities and Exchange Commission. The company and its backers are seeking to raise as much as $526 million through the share […]
News Background DOGE swung 4% intraday between $0.207 and $0.215 in the 24h session from Sept. 2 at 02:00 to Sept. 3 at 01:00. Trading volume surged to 949M, about 21% above weekly averages, signaling strong market participation. ETF speculation remains a catalyst: Polymarket odds of DOGE ETF approval rose to 71% from 51% ahead […]
News Background XRP traded in a volatile 23-hour session from Sept. 2 at 03:00 to Sept. 3 at 02:00, moving between $2.76 and $2.86. Geopolitical and monetary policy uncertainty continue to drive volatility across crypto markets. Fed rate-cut expectations remain in flux after inflation data releases, adding to liquidity stress. Whale accumulation of 340M XRP […]
Japanese cryptocurrency exchange Coincheck, whose Netherlands-based holding company listed the trading platform on the Nasdaq last year (CNCK), has acquired Aplo, a digital asset prime brokerage firm regulated in France by the Autorité des Marchés Financiers (AMF). The acquisition will help Coincheck, a popular exchange in Japan, expand into Europe, the companies said on Tuesday. […]
Chinese investors have borrowed a record amount to buy local stocks, offering risk-on cues to global markets, including cryptocurrencies. However, crypto traders still appear to be more cautious. According to Bloomberg, margin trades outstanding in China’s onshore equity market surged to 2.28 trillion yuan ($320 billion) on Monday, surpassing the previous 2015 peak of 2.27 […]
Bitcoin (BTC) hovered around $110,000 on Tuesday morning even as gold tore through record highs, indicating how crypto traders are hedging the Federal Reserve’s next move. Crypto majors spent the past seven days bleeding lower before an uptick on Tuesday. Bitcoin rose 2.7%, while ether (ETH) remained flat. Other majors, such as XRP (XRP), Solana’s […]