Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Japanese corporations diverge on Bitcoin, with Remixpoint accumulating massive treasury holdings while Value Creation exits completely. Korean exchanges report mixed quarterly results amid market volatility. Hong Kong regulators…
A new study from Satoshi Action Education projects a 75% probability that Bitcoin will exceed $4.81 million by April 2036. The research, led by economist Murray A. Rudd, uses an updated probability model to examine how supply constraints and institutional demand could influence long-term valuations. Supply Shock Scenarios and Bitcoin Price The updated results show…
Citigroup is showing an unexpected interest in stablecoins and crypto ETFs; it might offer custody services for these assets’ collateral. Stablecoins might be the more viable option, as Coinbase already has an overwhelming head start in the ETF collateral market. Even if these plans don’t work out, the firm is nonetheless considering other stablecoin pilot…
Solana-based meme coin USELESS has surged more than 30% in the past 24 hours, emerging as one of the day’s top-performing digital assets. The rally stands out as major meme assets like Dogecoin (DOGE) and Shiba Inu (SHIB) have posted losses despite the broader market upswing. Coinbase, Binance US, Kraken Boost USELESS The recent rally…
Decentralized Physical Infrastructure Networks (DePIN) was one of the most talked-about sectors in crypto and experienced substantial growth in 2024. However, as crypto metas like meme coins, NFTs, and others regain traction, DePIN has struggled to maintain its momentum. This year, it has fallen behind in the race for investor attention. Nonetheless, Naman Kabra, CEO…
KAIA has emerged as one of the top-performing altcoins over the past 24 hours, surging more than 12% amid heightened market activity. Technical and on-chain indicators point to increasing buying pressure, suggesting the altcoin may be poised for further gains. KAIA Rally Builds Steam Readings from the KAIA/USD one-day chart show an uptick in the…
SKALE (SKL) has scaled over 100% in the past week, with the last 24 hours alone delivering a 44% gain. The token is currently trading near the $0.039 mark after briefly testing higher levels. While this explosive move has caught the eye of traders chasing momentum, few on-chain and technical indicators suggest the rally could…
Arbitrum’s decentralized finance (DeFi) total value locked (TVL) has reached a year-to-date high of $3.39 billion. The growth comes as increased activity on the Ethereum network—fueled by rising trading activity—spills over to Layer-2 solutions (L2s) like Arbitrum. Arbitrum Sees Record Liquidity Amid Ethereum Network Uptick According to DeFiLlama, Arbitrum’s TVL has reached a year-to-date high…
Hedera Hashgraph’s native token, HBAR, has displayed muted price performance since the beginning of August, mostly trading within a narrow range. However, with improving market momentum, HBAR has broken above the upper line of the channel, and on-chain data confirms the likelihood of staying above the price barrier in the short term. HBAR Eyes Breakout…
XLM has experienced a solid 23% rally this month, surging to $0.451. However, the altcoin now faces potential headwinds owing to the rising outflows from investors and the declining strength of the uptrend. This raises concerns about the sustainability of this price movement, suggesting a reversal could be on the horizon. Stellar Investors Are Bearish…