Asia Morning Briefing: Polymarket Bettors Foresee $5K ETH by End of August
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 trading...
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Norway’s Wealth Fund Grows Indirect Bitcoin Exposure To $844 Million, Up 192% YoY
As Bitcoin (BTC) steadily marches toward setting another all-time high (ATH), the cryptocurrency’s adoption is rising in parallel. In a recent X post, Vetle Lunde, senior analyst at K33 Research, highlighted that Norway’s Sovereign Wealth Fund has increased its indirect exposure to BTC. Norwegian Sovereign Wealth Fund Increased Bitcoin...
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Treasury Secretary Bessent says Fed should consider 50-basis-point rate cut as job market shows signs of weakness
A significant rate cut could signal economic concerns, potentially leading to market volatility and impacting future monetary policy decisions. The post Treasury Secretary Bessent says Fed should consider 50-basis-point rate cut as job market shows signs of weakness appeared first on Crypto Briefing....
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Bitcoin Gains As CPI Comes In Cooler Than Expected; Ethereum, Dogecoin, XRP Also Surge: Analyst Sees ETH Reaching $6,000
Leading cryptocurrencies rallied on Tuesday as lower-than-expected consumer inflation raised expectations of interest rate cuts. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. ET) Bitcoin (CRYPTO: BTC) +0.47% $119,575.71 Ethereum (CRYPTO: ETH) +6.95% $4,577.98 XRP (CRYPTO: DOGE) +2.24% $3.22 Solana (CRYPTO: XRP) +9.62% $192.26 Dogecoin (CRYPTO: SOL) +4.19% $0.2341...
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Chainlink Surges Past $21: Whale Buys and SWIFT Partnership Could Ignite a Run to $30
Chainlink (LINK) has surged over 27% in the past week, breaking above $21, as institutional adoption and whale accumulation fuel bullish momentum. The oracle network’s deepening partnership with SWIFT now connects more than 11,000 financial institutions to both public and private blockchains, positioning Chainlink as critical infrastructure in the...
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Experts Predict Rough Road Ahead For Wall Street Giants In Stablecoin Rollout
In a transformative moment for the cryptocurrency industry with new regulations coming from the US, major financial institutions are setting their sights on stablecoins, thanks to the recent passage of the GENIUS Act. This regulatory framework, part of President Donald Trump’s vision to position the US as the global...
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Circle Unveils Arc: A New Blockchain Built for Stablecoins and Powered by USDC
Circle, the issuer of USD Coin (USDC), has announced plans to introduce its own Layer 1 blockchain, Arc, designed specifically for stablecoin-focused applications. The launch follows the company’s $1.2 billion initial public offering (IPO) in June and is scheduled to debut on a public testnet later this fall. According...
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Norway’s sovereign wealth fund boosts Bitcoin exposure by 192% in Q2
Norway’s increased Bitcoin exposure via its sovereign wealth fund signals growing institutional confidence in cryptocurrency investments. The post Norway’s sovereign wealth fund boosts Bitcoin exposure by 192% in Q2 appeared first on Crypto Briefing....
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Investing Blindly in NIP Group: Is It a Gamble? #shorts
A risky stock pick? Maybe. This investor takes a ‘shot in the dark’ with a $132M market cap company. Down from its high, but could it 3X? ‘I ran some pretty quick simple numbers here…’ #StockMarket #Investing #StocksToWatch #PennyStocks #InvestmentStrategy...
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