CoinDesk

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 East Asia begins its trading day, bitcoin (BTC) is changing … Read more

The price of LINK (LINK), native token of oracle provider Chainlink, climbed 4% on Monday extending its rebound from late last week’s crypto carnage. The token hit $17 during the session, up nearly 10% from the weekend lows, CoinDesk data shows. The move occurred as Chainlink rolled out market data feed for U.S. Equities and … Read more

Figure Technology Solutions said on Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) to go public later this year. Figure is joining a growing list of digital asset firms aiming to go public, seeking capitalizing on the booming cryptocurrency and stock markets and recent U.S. regulatory advancements after Donald … Read more

Digital Currency Group’s (DCG) Barry Silbert has been re-appointed as chairman of the board at asset manager Grayscale, one of DCG’s subsidiaries, alongside several other new, high-ranking hires at the firm. Silbert, who owns Grayscale, resigned in December 2023 after the company was hit with a lawsuit from the New York Attorney General’s office which … Read more

The price of BNB climbed nearly 2% in the past 24 hours to top the $760 mark, with data showing a burst of activity behind the price rise. Volume spiked nearly 50% above daily averages, according to CoinDesk Research’s technical analysis model. The price action followed a textbook two-phase accumulation: early consolidation, then a breakout … Read more

The famous Satoshi Nakamoto statue, an ingenious line-of-sight illusion envisioned by Italian artist Valentina Picozzi, that was reported missing on Sunday was recovered from a nearby lake, Satoshigallery, the artistic project run by Picozzi, said in a post on X. The gallery reported the statue missing on Aug. 3 with a photo showing only empty … Read more

NEAR Protocol delivered a standout performance during the 24-hour trading window from August 3 at 15:00 to August 4 at 14:00, rallying 4.20% from $2.43 to $2.53. This price action was driven by a sharp uptick in trading activity, notably during the final hour when volume spiked to 2.7 million tokens—more than double the daily … Read more

ATOM oscillated within a $0.12 corridor between $4.22 and $4.33—a 3% range that reflects the coin’s strategic positioning amid macro headwinds. Despite intraday volatility, price action was largely constructive, with bulls staging a breakout near midnight UTC on 4 August that pushed the token to a session high of $4.33. The rally was underpinned by … Read more

Coinbase (COIN) has been downgraded to a sell rating by Compass Point, which also cut its year-end price target from $330 to $248, citing weaker-than-expected earnings and fading interest in crypto equities as key risks. COIN is trading modestly higher on Monday at $316 following last week’s earnings-related 18% plunge. “While we remain constructive on … Read more

Monday kicked off with a flurry of treasury announcements as major digital asset firms expanded their crypto reserves, underlining the growing institutional embrace of blockchain-native assets. BitMine Immersion Technologies (BMNR) now holds the world’s largest ether {ETH} treasury at 833,137 ETH worth over $2.9 billion. Launched just 35 days ago, BitMine’s aggressive ETH acquisition strategy … Read more

Bullish, the owner of the Bullish Exchange crypto platform, said it plans to raise as much as $629 million in its initial public offering (IPO) on the New York Stock Exchange. The company, which also owns CoinDesk, said it plans to sell 20.3 million ordinary shares with an expected price of $28-$31 per share according … Read more

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3770.58, up 0.3% (+11.59) since 4 p.m. ET on Friday. Fourteen of 20 assets are trading higher. Leaders: LTC (+9.7%) and XLM (+3.7%). Laggards: SUI (-3.1%) and SOL (-2.0%). … Read more

This is a daily analysis of top tokens with CME futures by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin: Risks deeper pullback Bitcoin’s (BTC) multi-month rally appears to have hit a significant wall, with a confluence of bearish signals emerging across both weekly and daily charts. The weekly candlestick chart shows that bulls … Read more

Crypto investors are turning their attention to ONDO after a packed July saw Ondo Finance announce multiple acquisitions, high-profile partnerships and regulatory milestones that analysts say could set the stage for explosive price action in August. On Sunday, Kyren, a popular crypto analyst on X, called last month “a big one for $ONDO,” highlighting the … Read more

As crypto markets plunged Friday, a potentially historic regulatory shift flew under the radar, Wall Street broker Bernstein said in a research report Monday. In a speech that Bernstein analysts called “the boldest and most transformative crypto vision ever laid out by a sitting SEC chair,” U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins … Read more

Centrifuge (CFG), a blockchain platform focused on tokenizing investment products, has appointed Jürgen Blumberg, former Goldman Sachs executive of the firm’s exchange-traded fund (ETF) accelerator business in Europe, as its new chief operating officer. He will also serve as chief investment officer for Anemoy, Centrifuge’s affiliated on-chain asset management firm. The appointment comes as tokenization … Read more

Coinbase’s (COIN) softer-than-expected second quarter results triggered a sharp Friday sell-off, but Wall Street broker Benchmark says the drop is a buying opportunity, not a red flag. Analyst Mark Palmer reiterated his buy rating and $421 price target. He argued that the exchange’s long-term investment case remains intact as the company continues to build foundational … Read more

Sonic-based decentralized finance (DeFi) protocol CrediX Finance was taken offline after being struck by a $4.5 million exploit. The protocol, which has been live for less than a month, revealed there was a “security breach” at 9:10 UTC on Monday. The website was taken offline to prevent users from depositing. Blockchain security firm CertiK said … Read more

By Omkar Godbole (All times ET unless indicated otherwise) In the world of rock climbing, athletes don’t simply grab a new ledge and reach out for the next one. First, they put their full weight on the new ledge to ensure it’s solid before aiming higher. Bitcoin (BTC) has followed a similar pattern since Friday’s … Read more

A group of French lawmakers is preparing a draft law that would enable the use of surplus electricity from nuclear power plants to mine bitcoin (BTC), according to recent public statements. The proposal would install mining hardware at facilities owned by state utility Électricité de France (EDF), according to news outlet Le Monde. The process … Read more

The combined assets under management (AUM) of gold and bitcoin (BTC) exchange traded funds (ETFs) have crossed the $500 billion mark for the first time, according to the latest data from the Bold Report. As of early August 2025, gold ETFs represent approximately $325 billion, while bitcoin ETFs have surged to $162 billion. Gold has … Read more

Metaplanet (3350), a Tokyo-listed investment firm, said it bought another 463 bitcoin (BTC), emphasizing the cryptocurrency’s long-term shareholder value even as its stock fell more than 7% to sit at half the value it held in June. The latest purchase cost the company 7.995 billion yen ($540 million) at an average price of 17.3 million … Read more

CACEIS, the asset servicing arm of Credit Agricole, has acquired a minority stake in French fintech Kriptown to support the launch of Lise, a blockchain-based exchange aimed at SMEs and mid-cap companies. Lise, short for Lightning Stock Exchange, is set to be Europe’s first tokenized exchange focused on streamlining equity financing and public listings for … Read more

Binance, the world’s largest cryptocurrency exchange, announced on Monday that it is opening access to bitcoin (BTC) “options writing” for all users. The move is a direct response to a significant increase in retail demand for more strategic and sophisticated trading tools. Options are derivative contracts that allow the purchaser the right to buy or … Read more

Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) tanked 19.6% to $314.69 last week, registering its worst performance since September 2024, according to data source TradingView. On Thursday, COIN published its second-quarter earnings report, revealing a net operating earnings per share of 12 cents, with an 88.8% year-over-year decrease in the bottom line. The $1.5 billion … Read more

Cardano’s core development team, Input Output Global (IOG), secured approval for a $71 million treasury allocation to fund 12 months of network upgrades following a drawn-out governance vote that drew concerns around transparency, accountability and cost. The proposal passed with 74% in favor and authorizes the disbursement of 96 million ADA, or roughly 13% of … Read more

DOGE rose 5% during the 24-hour session from August 2 at 21:00 to August 3 at 20:00, climbing from $0.189 to $0.200 before slipping slightly to close at $0.198. The rally was driven by consistent accumulation and large holder activity, with key breakouts at $0.194, $0.196, and $0.198. However, the token failed to maintain momentum … Read more

Don’t call the top yet, market analyst specializing in the Elliott wave theory, told CoinDesk. He added that bitcoin (BTC) will rally to around $140,000 this year before slipping into a bear market in 2026. The leading cryptocurrency by market value, has dropped 4% over the past week, with prices hitting lows under $112,000 over … Read more

XRP surged 6% during the 24-hour trading window from August 3 at 03:00 to August 4 at 02:00, rising from $2.83 to a high of $3.03 before closing at $3.00. The rally was driven by strong breakout momentum and institutional flows, with trading volumes exceeding 110 million during peak hours. However, the move was capped … Read more

Crypto started the week steady with bitcoin (BTC) and ether (ETH) stabilizing after volatile selloffs on Friday and Saturday driven by the worst spot ETF outflows in months. Bitcoin ETFs saw nearly $1 billion in outflows across Thursday and Friday, causing the asset to drop to around $114,000 before a modest recovery. Ether followed with … Read more