Asia Morning Briefing: Bitcoin’s Thin-Liquidity Bounce Raises Questions on Staying Power
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 staged a sharp recovery...
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Musk accuses Apple of antitrust violations, threatens legal action
Musk’s legal threat against Apple could intensify scrutiny on tech giants’ AI partnerships, potentially reshaping industry dynamics. The post Musk accuses Apple of antitrust violations, threatens legal action appeared first on Crypto Briefing....
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Bitcoin Dips Ahead Of CPI Release; Ethereum, Dogecoin Also Slide: Analyst Calls ETH The ‘Fastest Horse To Bet On,’ Eyes $10,000 Target
Leading cryptocurrencies slid on Monday as investors braced for a rise in consumer inflation. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. ET) Bitcoin (CRYPTO: BTC) -0.20% $118,905.51 Ethereum (CRYPTO: ETH) -0.26% $4,272.96 XRP (CRYPTO: DOGE) -1.75% $3.14 Solana (CRYPTO: XRP) -3.80% $175.26 Dogecoin (CRYPTO: SOL) -4.06% $0.2246 Reversal...
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BitMine Reveals $5 Billion Ethereum Stash After Topping 1 Million ETH
BitMine Immersion Technologies Inc. shares jumped this week after a steep rally on Friday, and traders kept the momentum into Monday. According to company disclosures, BitMine reported holding 1.15 million ETH as of August 10, with that stash valued at $4.96 billion, up from roughly 833,137 ETH and nearly...
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Binance Coin (BNB) Pushes Higher, Surpasses Nike, DoorDash in Market Cap
Binance’s exchange token continues to thrive and post notable results. With strong backing from investors and institutions, coupled with social media engagement, it seems poised for new, uncharted territories. Surpassing Retail Giants BNB, the native token of the Binance ecosystem, has achieved an impressive feat by surpassing the market...
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Bitcoin Surges Past $122K, Nearing All-Time High on ETF Inflows and Corporate Buys
Bitcoin (BTC) surged past $122,000 on Monday, coming within 1% of its all-time high of $123,218. The rally has been fueled by high spot Bitcoin ETF inflows, renewed corporate accumulation, and a pro-crypto policy shift from the White House. Over the last three days of trading, U.S. spot Bitcoin...
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Peter Thiel acquires 7.5% stake in Ethereum treasury ETHZilla
Thiel’s investment signals growing institutional interest in Ethereum, potentially boosting its adoption and integration in corporate finance. The post Peter Thiel acquires 7.5% stake in Ethereum treasury ETHZilla appeared first on Crypto Briefing....
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Bitcoin Profit-Taking Power Has Shifted: Last Cycle Buyers Now The Drivers
On-chain data shows the recent Bitcoin HODLer profit-taking spree is driven by buyers from the last cycle, unlike the November-December peaks. Bitcoin Long-Term Holder Realized Profit Has Seen A Slowdown This Month In a new post on X, on-chain analytics firm Glassnode has talked about the trend in the...
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Do Kwon’s Last Stand: The Endgame of Crypto’s Most Expensive Cautionary Tale
The long-running legal saga of Terraform Labs co-founder Do Kwon, the man once hailed as a “crypto genius” and later vilified as the architect of one of the industry’s largest financial catastrophes, may finally be approaching its endgame. Tomorrow morning, a U.S. federal court in New York will convene...
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Be Careful: $653M in New Crypto Tokens Set to Hit the Market This Week
About $653 million worth of crypto tokens are set to be released into circulation this week. Investors will be keeping an eye out for potential price swings for several major assets, with data from the Tokenomist website showing large one-time and daily unlocks between August 11 and August 18....
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