Asia Morning Briefing: Equities Rally on Rate-Cut Bets, Crypto Stays Cautious
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. Crypto traders remain cautious ahead...
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Lion Group doubles down on Hyperliquid as HYPE breaks a new high
Nasdaq-listed Lion Group currently holds 6,629 Solana and over one million Sui and plans to gradually convert it all into Hyperliquid tokens....
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Cathie Wood Pivots: Sells Robinhood High, Doubles Down On Bitmine Immersion Amid Eightco Buzz
On Monday, Cathie Wood-led Ark Invest executed significant trades involving Bitmine Immersion Technologies Inc (NYSE:BMNR) and Robinhood Markets Inc (NASDAQ:HOOD). The Bitmine Immersion Trade Ark Invest made substantial purchases of Bitmine Immersion shares across multiple ETFs. The Ark Fintech Innovation ETF (BATS:ARKF) fund acquired 12,360 shares, while the ARK Innovation ETF (BATS:ARKK) fund added 67,700 shares, and the ARK Next Generation...
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Bitcoin Core Censorship Could Trigger Full-Scale Fork, Ordinals Leader Warns
A leading figure in the Bitcoin Ordinals movement has threatened to bankroll an alternative version of the reference Bitcoin software if Bitcoin Core tightens default relay policy to the detriment of Ordinals and Runes transactions. In an “open letter to Bitcoin Core” posted on September 6, Leonidas — host...
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AI Models Predict Neutral Bitcoin Trend: Warns Of Late-September Shock
Bitcoin is currently in a consolidation phase after a strong multi-month uptrend that began in April. Following weeks of heightened volatility and selling pressure, BTC has managed to hold steady above critical support levels, keeping the broader bullish narrative alive. Some analysts argue that this resilience highlights the strength...
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Upbit announces Ethereum Layer 2 using OP Stack
Upbit’s move to adopt OP Stack for Ethereum Layer 2 could enhance scalability and efficiency, potentially influencing broader crypto adoption. The post Upbit announces Ethereum Layer 2 using OP Stack appeared first on Crypto Briefing....
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Whales Dump 115,000 BTC in Largest Distribution Since 2022: Is a Crash Looming?
Bitcoin (BTC) is facing heightened volatility after whales unloaded between 112,000 and 115,000 BTC, valued at nearly $12.7 billion, in August. According to on-chain data from CryptoQuant, this represents the largest whale distribution since July 2022, adding significant selling pressure to the market. The sell-off came from large holders...
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SwissBorg loses 193K SOL in Solana exploit
This incident highlights the ongoing vulnerabilities in blockchain security, potentially undermining trust in decentralized financial systems. The post SwissBorg loses 193K SOL in Solana exploit appeared first on Crypto Briefing....
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Wasabi confirms no impact from recent NPM package exploit
Wasabi’s unaffected status boosts user confidence and highlights the importance of robust security practices in crypto platforms. The post Wasabi confirms no impact from recent NPM package exploit appeared first on Crypto Briefing....
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