Asia Morning Briefing: QCP Says Global Liquidity, Not Fed Cuts, Is Powering the Market
Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories…
Bitcoin
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Bitcoin’s October Slowdown Masks Strength, Analysts Predict Catch-Up With Gold
Bitcoin BTC$110,693.42 is lagging its usual October pace but at least some analysts say its steadiness near the $111,000 mark…
The Fortunes of Tomorrow Will Be Built on Compute Power
Whether measured in exahash per second or in gigawatts, compute has become the essential commodity of the 21st century. Just…
Cardano Price Teeters as Whales Exit and Bearish Signal Emerges
Cardano price has moved into a bear market after plunging by over 32% from its highest point in August. ADA…
After Oct. 10 Crypto Crash, Bitwise CIO’s Three-Question Test Finds No Lasting Damage
Crypto’s Oct. 10 plunge looks more like a stress test than a regime change, Bitwise Chief Investment Officer Matt Hougan…
Bitwise CIO Calls Crypto Crash a ‘Blip’ as Market Bounces Back With $338M ETF Inflows
Bitwise CIO Matt Hougan said the recent crypto crash is a “temporary blip” in a strong bull market. This comes…
Is the market already hedging against the next crypto crash?
Key Takeaways What clues has the Bitcoin price action given after Friday’s wipeout? The weekend, and especially Monday, showed that…
Metaplanet’s Market Value Slides Below Bitcoin Holdings
Metaplanet’s valuation metric, mNAV, briefly dipped below 1.0, signaling a market discount relative to its Bitcoin assets. The mNAV is…
Coinbase announces investment in India’s leading exchange CoinDCX
Key Takeaways Coinbase has made an investment in CoinDCX, a top Indian crypto exchange. CoinDCX specializes in futures trading with…
“Bitcoin Mayor” Eric Adams Launches NYC’s Digital Assets Office
New York City Mayor Eric Adams — known as the “Bitcoin Mayor” — has signed Executive Order 57, which created…