Asia Morning Briefing: Market Observers Say Bitcoin’s Structure Looks Weak Even as Industry Strengthens
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...
Crypto Bleeds Ahead of Powell’s Jackson Hole Speech — Eight Reasons Why Traders Are Nervous
Cryptocurrencies and related stocks extended losses Tuesday as traders braced for the release of the Fed’s release of the FOMC minutes on Wednesday and...
Strategy Tumbles to 4-Month Low as Crypto Stocks, Digital Asset Treasuries Sink
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U.S. Federal Reserve’s New Supervision Chief Sold on Bringing Crypto to Finance
The U.S. Federal Reserve’s newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been...
Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise
Cryptocurrencies continued their slide on Tuesday with bitcoin (BTC) sinking below $114,000 as investors are turning cautious that Federal Reserve Chair Powell’s Friday Jackson...
Robinhood Partners With Kalshi to Launch NFL and College Football Prediction Markets
Robinhood (HOOD) has partnered with Kalshi, a Commodity Futures Trading Commission (CFTC)-regulated and blockchain-based prediction market, to let users trade on the outcomes of...
HBAR Drops 2.5% After Breaking Key Support Levels
HBAR saw sharp selling pressure during the latest session, slipping from $0.241 to $0.238 between 13:25 and 14:24 on August 19. An early spike...
ICP Weakens as Selling Pressure Builds Near Critical Support
Internet Computer Protocol (ICP) drifted downward over the past 24 hours, shedding 2.35% to trade at $5.18. The token moved within a $0.23 band...
Bullish’s $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market
The crypto platform Bullish (BLSH), the owner of CoinDesk, said it received $1.15 billion in proceeds from its initial public offering in stablecoins, which...