Asia Morning Briefing: Bitcoin Becomes ‘Generational Asset’ as Speculators Ditch Rolexes

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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. Ethereum surged past $2,600 in early Asia hours, up 3.7%, breaking […]

Donald Trump Jr. Says Getting ‘Debanked, De-Insured, De-Everything’ Orange-Pilled Him

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LAS VEGAS, Nevada — Donald Trump Jr., the eldest son of U.S. President Donald Trump, said he and his younger brother Eric Trump “orange-pilled” their father after the family and its organization experienced pervasive de-banking in the wake of Trump’s first presidential term. Speaking at Bitcoin 2025 in Las Vegas on Tuesday, Don Jr. said he […]

Sen. Lummis on Push for Stablecoin Bill: ‘I Had No Idea How Hard This Was Going to Be’

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LAS VEGAS, Nevada — The U.S. Senate seems to be getting close to passing its landmark stablecoin bill, the GENIUS Act — a battle its champion Cynthia Lummis (R-Wyo.) said has been incredibly hard-fought. “It has been extremely difficult,” Lummis said during a fireside chat with Coinbase’s Chief Legal Officer Paul Grewal at Bitcoin 2025 in Las […]

IMF Says ‘Efforts Will Continue’ to Ensure El Salvador Doesn’t Accumulate More BTC

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The International Monetary Fund (IMF) stated on Tuesday that “efforts will continue” to make sure that the total amount of bitcoin BTC held by El Salvador’s government does not change. Back in March, El Salvador reached an agreement with the IMF to receive a $3.5 billion loan package. Some of the conditions of that deal […]

The Solana Network Is Now Live on MetaMask

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Users of Solana may now access the network through a MetaMask wallet. MetaMask announced on Tuesday that its Solana integration was live, meaning that users can now transact on the second largest smart-contract platform and interact with Solana-based applications through the wallet. “Let’s be honest. Managing wallets across MetaMask and Solana used to be a […]

Asia Morning Briefing: Thai Banks May Soon Hold Crypto, SCB10X CEO Signals Sandbox Push

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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. Uniswap’s UNI token surged from $6.00 to $6.65 over the past […]

Bitlayer Joins Forces With Antpool, F2Pool, and SpiderPool to Supercharge Bitcoin DeFi

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Bitlayer, a Bitcoin Layer 2 built on the BitVM paradigm, has partnered with three of the world’s largest bitcoin BTC mining pools — Antpool, F2Pool, and SpiderPool — in a first-of-its-kind collaboration to accelerate the real-world adoption of BitVM, a breakthrough technology focused on enabling Bitcoin-native DeFi. Bitcoin’s ecosystem has lagged behind other Layer 1s […]

Bitcoin Rally Stalls Below $110K as Short-Term Holders Take $11B Profits

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After softly rising over the weekend, bitcoin BTC slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day. The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week. Looking at […]

Trump Media Seeks to Raise $3B for Crypto Purchase: FT

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Trump Media and Technology Group (DJT), the company that operates the social media site Truth Social, is planning to raise $3 billion to buy crypto assets, the Financial Times reported on Monday. The capital raise, which is said to combine an equity raise and convertible bond offering, could be announced at this week’s Bitcoin 2025 […]

Dubai Unveils Real Estate Tokenization Platform on XRP Ledger Amid $16B Initiative

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The Dubai Land Department (DLD), a government agency for the real estate industry, has launched its first tokenized real estate platform as part of a government-backed effort that could see $16 billion worth of real estate digitized by 2033. The platform, called Prypco Mint and developed in partnership with real estate fintech firm Prypco, allows […]

Ethereum Surges After Holding $2,477, Fueled by Very Heavy Trading Volume

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Global economic tensions and trade disputes continue to influence cryptocurrency markets, with ETH showing resilience despite broader market uncertainty. The second-largest cryptocurrency is currently navigating a critical technical zone between $2,500-$2,530, which analysts identify as immediate resistance that must be overcome for continued upward movement. Institutional interest remains strong, with spot Ethereum ETFs recording consecutive […]

XRP Plunges Below $2.30 Amid Heavy Selling Pressure

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Global economic tensions are weighing heavily on cryptocurrency markets as XRP experiences a significant correction amid heavy selling pressure. The recent announcement of potential 50% tariffs on European Union imports by the US government has triggered widespread market uncertainty, with XRP falling alongside most major cryptocurrencies despite Bitcoin recently reaching new all-time highs. Technical analysts […]