A sharp rally in crypto majors over the past 12 hours triggered the largest wave of liquidations since May, wiping out more than $460 million in short positions. Bitcoin (BTC) surged past $111,000, ether (ETH) jumped nearly 7% to above $2,700, and
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
As the U.S. House of Representatives digs into digital assets policy during what lawmakers have styled “Crypto Week” next week, the committee that focuses on tax policy will discuss the proper way forward for taxing crypto. The chairman of the House Ways
Bitcoin (BTC) broke out of its recent very tight trading range during U.S. Wednesday afternoon hours, threatening to topple its May record of $112,000. The largest crypto briefly notched new record prices on some exchanges including Binance, Coinbase and Bitstamp, before retreating
Revolut, Europe’s most valuable start-up, is in talks to raise $1 billion in fresh capital at a $65 billion valuation, according to the Financial Times. The funding would mark a significant step in the fintech group’s global expansion strategy and represents a
Bitcoin’s price saw a modest 2.55% increase in June, failing to surpass its May peak of $112,000. The cryptocurrency continues to trade within a narrow range, reflecting a period of consolidation, according to ARK Invest’s latest Bitcoin Monthly report. A significant development
FLOKI FLOKI traded in a wide $0.00005422 range over the past 24 hours, swinging from a high of $0.00009435 to a low of $0.00008913 before settling at $0.00008946, down 1.87%, according to CoinDesk Research’s technical analysis model. The token’s volatile session was
Greek authorities have carried out the country’s first cryptocurrency seizure, blocking access to funds lifted from February’s record $1.5 billion Bybit hack linked to North Korea’s Lazarus Group. The Hellenic Anti‑Money Laundering Authority traced a suspicious transaction to a wallet that on‑chain data
Three Solana-focused exchange-traded funds (ETFs) listed in the U.S. have quietly pulled in $78 million over the past month, reflecting rising interest in altcoin-backed investment products despite the outsized dominance of bitcoin (BTC) and ether (ETH) in ETF markets. The Solana REX-Osprey
Monad Foundation, the organization behind high-speed layer-1 blockchain Monad, is acquiring stablecoin infrastructure platform Portal Labs in an effort to scale up blockchain-based payments. Monad said the acquisition will accelerate its push into the stablecoin space and improve tools available for developers