Australia’s Securities Regulator to Probe ASX After Collapsed Blockchain Project
Australia’s Securities and Investment Commission (ASIC) has turned to three of the country’s most seasoned finance figures to probe the inner workings of the Australian Securities Exchange, including the exchange’s doomed blockchain project. ASIC launched the inquiry on June 16 over “ongoing concerns” it and the Reserve Bank of Australia expressed about the exchange’s ability […]
Crypto Exchange Kraken Wins MiCA License in Ireland
Cryptocurrency exchange Kraken has been granted a license to operate in the Republic of Ireland under the European Union’s Markets in Crypto Assets (MiCA) regulation. Kraken will now be able to offer crypto services across the 30 countries in the European Economic Area (EEA), allowing it to scale its business much faster across the region, […]
Coinbase Brings Wrapped Cardano, Litecoin to Base With cbADA, cbLTC
Coinbase has introduced cardano’s ADA ADA and litecoin LTC on its Ethereum layer-2 network Base via cbADA and cbLTC. These assets are fully backed by ADA and LTC locked in Coinbase custody, minted and burned on demand at a one-to-one ratio, with regular proof-of-reserves to back up the claims. Data shows over 11,300 wrapped LTC […]
Dogecoin Bulls Defend 16 Cent Support as Elon Musk’s X Payments Speculations Loom
Dogecoin is showing fresh signs of strength after rebounding 17% from weekend lows, with strong buying pressure defending the critical $0.16 support zone. The bounce comes as geopolitical tensions and macroeconomic uncertainty continue to weigh on markets, yet DOGE appears to be building a higher low structure that could set the stage for further upside. […]
‘XRP to $3’ Searches Rise as Token Shows Whale Activity Spike
XRP surged nearly 6% in a dramatic late-session breakout, powered by an explosive volume spike that quadrupled its hourly average and confirmed a fresh support zone above the $2.20 threshold. The rally came as whale wallets moved hundreds of millions of dollars worth of XRP, yet the market shrugged off sell pressure, signaling strong underlying […]
Bitcoin’s Bull Case Strengthens as Dollar Index Slides, Nvidia Hits Record High Amid Recession Cues
Bitcoin’s BTC price has rebounded nearly 10% from weekend lows, with key developments in traditional markets supporting the case for continued gains ahead. The dollar index, which tracks the value of the greenback against major fiat currencies, dropped to 97.27 early Thursday, the lowest level since February 2022, according to data source TradingView. The decline […]
Bitcoin Nears $108K as Fed Rate Cut Bets Rise; Traders Eye Ether, Solana, Cardano
Bitcoin BTC is back near $108,000, marking a full recovery from last week’s dip to six figures driven by Middle east tensions, as macro signals turn risk-on and crypto bulls regain technical footing. The market is now betting on a convergence of two trends: dovish Fed commentary and retail’s accelerating rotation into digital assets, traders […]
World Liberty Makes Narrative U-Turn, Says WLFI Token Will Become Tradable Soon
The Trump-affiliated World Liberty Financial appears to be reversing course on a core promise of its crypto project — making its WLFI token transferrable after initially making it strictly non-transferable (and hence non-tradable). “You asked to make $WLFI transferable — we heard you,” the project’s official X account posted late Wednesday. “The team is working […]
Metaplanet Overtakes Musk’s Tesla, Becomes Fifth Largest Corporate Bitcoin Holder
Metaplanet, the Japanese hotelier that has been scooping up bitcoin BTC, has become the fifth largest corporate holder of the largest cryptocurrency, racing past Elon Musk’s Tesla. The Tokyo-listed firm bought 1,234 BTC for $133 million at an average price of $107,877. The latest buy has taken Metaplanet’s bitcoin stash to 12,345 BTC at an […]
Asia Morning Briefing: BTC Climbs to $107K as ‘War Drums Fade, Risk Appetite Roars’
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 the Thursday trading day, BTC is changing hands […]