The world crypto market slipped almost 4% on Wednesday, at the same time as Asian equities edged increased, supported by optimism that the US is near ending its record-breaking authorities shutdown. Traders remained cautious, with sentiment subdued throughout digital property. Open interest in Bitcoin perpetual futures dropped sharply from $94b to $68b, whereas funding charges…
Bitcoin jumped again above $106,000 as Asia opened on Monday, and regional shares superior as Washington moved closer to ending the historic US government shutdown. The Senate on Sunday superior a 60-vote cloture deal to reopen the federal authorities, sending the package deal to the House and President Trump for approval. The settlement funds operations…
Good morning, Asia. Here’s what’s shifting earlier than the bell. Markets opened Friday to a risk-off tone throughout Asia, with crypto costs and main regional fairness benchmarks slipping as buyers grew extra cautious concerning the international financial outlook. Bitcoin fell alongside broader digital property, extending this week’s losses after knowledge pointed to weakening demand and…
Good morning, Asia. Here’s what’s shifting earlier than the bell. Bitcoin misplaced steam into the Asia session, down 1.1% to $112,806 as merchants trimmed threat earlier than the Fed’s charge choice later at this time. The pullback cooled a latest crypto rebound even as regional equities climbed on AI optimism. Market snapshot Bitcoin: $112,806, down…
Circle reported $2.4 trillion in on-chain stablecoin exercise throughout Asia-Pacific between June 2024 and June 2025, marking the area as the fastest-growing stablecoin market globally with 69% year-over-year progress. Speaking at Circle Forum Singapore, Yam Ki Chan, Circle’s VP for APAC, acknowledged that 56% of establishments throughout Asia are already stay with stablecoins, the highest…
Asia Pacific (APAC) is pulling forward within the crypto market as a result of coverage is tilting towards readability whereas client rails scale quick. From late 2023 by mid 2025, the area’s on-chain worth acquired rose sharply, climbing from about $81b a month in mid 2022 to a peak close to $244b in Dec. 2024,…
Sora Ventures, a Taiwan-based funding agency, has unveiled Asia’s first devoted Bitcoin (BTC) treasury fund. The agency plans to deploy the fund’s proceeds to buy BTC over the subsequent six months. Sora Ventures Launches Massive Bitcoin Treasury Fund Speaking at Taipei Blockchain Week, Sora Ventures announced its aim of elevating as much as $1 billion…
Crypto change large Binance has appointed former Crypto.com Senior VP, SB Seker, to move Binance’s APAC operations. Announced on Monday, Seker will work “to strengthen engagement with policymakers and regulators.” He could be chargeable for driving the agency’s strategic initiatives throughout the area. “As Binance continues to form the way forward for crypto, Seker’s experience…
A new report from CoinGate has revealed how Bitcoin and other cryptocurrencies compare in payments usage across the world. USDT Most Used Crypto On CoinGate Overall, Bitcoin Second Cryptocurrency payments processor CoinGate has shared new data breaking down digital asset payments preferences around the world. First, below is a table showing how the composition of…
On August 1, Hong Kong authorities introduced a highly anticipated regulatory framework targeted at overseeing fiat-based stablecoin operations in the Asian country. While this regime may be considered stringent by mandating more requirements for stablecoin operators, the government’s recognition of this class of digital assets appears highly encouraging for investors. Hong Kong Fintech Raise Over…