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 Asia begins its Thursday business day, ETH is trading at […]
GameStop (GME), the embattled video game retailer turned meme stock, announced Wednesday a $1.75 billion convertible senior note offering. Proceeds will be used at least in part for “making investments in a manner consistent with GameStop’s Investment Policy,” per a company press release. Said investment policy is to add bitcoin as a treasury reserve asset, […]
Safe, the popular multiparty crypto wallet previously called Gnosis Safe, has launched a new development unit, Safe Labs, in a move aimed at consolidating its operations and sharpening its product roadmap after it was targeted in February’s $1.4 billion ByBit hack — the largest crypto heist to date. The new entity will serve as the […]
The recent wave of companies adding bitcoin to their balance sheets has not yielded universally positive results. Semler Scientific (SMLR), a medical technology firm that pivoted into bitcoin treasury strategy, has seen its stock fall over nearly 50% in 2025 to nearly the level it was at a bit more than one year ago when […]
The U.S. Senate took the initial steps toward final approval of its first major crypto legislation as members opened voting Wednesday on the bill to set standards for U.S. stablecoin issuers, clearing the highest procedural hurdle with a 68-30 result. In a moment that will mark the industry’s greatest U.S. policy success to-date, the famously […]
Decentralized Layer 1 blockchain XRP Ledger’s (XRPL) sidechain that’s compatible with the Ethereum Virtual Machine (EVM) is set to go live in the second quarter, Jaazi Cooper, director of product management at Ripple, and David Schwartz, Ripple’s chief technology officer said at the ongoing APEX 2025 conference in Singapore. EVM compatibility refers to the ability […]
SINGAPORE – Brad Garlinghouse, CEO of crypto company Ripple Labs, stated at the Apex 2025 conference that he remains bullish on stablecoins – a sentiment he said is reinforced by the recent blockbuster Circle CRCL initial public offering (IPO). “Circle IPO’s clearly went very well. That’s a reflection of investor interest in crypto, both institutions […]
Bitcoin BTC is trading at $109.7K as the Wednesday trading day begins in Asia, according to CoinDesk market data. While the world’s largest digital asset is trading flat in the early hours of the session, CoinDesk market data shows that it’s up 4% on the week. An expected Bank of Japan rate cut isn’t doing […]
President Donald Trump’s pick to be chairman of the U.S. commodities watchdog, Brian Quintenz, fielded crypto questions more than any other topic at his Senate confirmation hearing on Tuesday, and he assured the lawmakers that the agency can walk a middle ground between unhampered innovation and robust consumer safeguards. Even as Quintenz awaits the Senate […]
Bitcoin recaptured the $110,000 level for the second consecutive day, perhaps dragged higher by even larger gains among altcoins. Up 0.9% more than 1% in the last 24 hours, bitcoin was trading just above $110,000 shortly after the close of U.S. stock markets Tuesday. The CoinDesk 20 — an index of the top 20 cryptocurrencies […]
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 trading below $110,000, changing hands at $109.7K, as Asia […]
Bitcoin’s BTC quiet climb on Monday accelerated to its strongest price in June, rebounding from last week’s decline to near all-time high levels. The largest crypto advanced by 3.7% over the past 24 hours, topping $110,000, and it’s changing hands by only 2% from its record prices observed in May. Ethereum’s ether ETH kept pace […]