Asia’s quiet revolution: how stablecoins are reinventing banking and cross border finance

Asia’s Quiet Revolution: How Stablecoins Are Reinventing Banking and Cross-Border Finance

Rolling into your daily dose of Asia Morning Briefing: a curated wrap-up of critical events unfolding during U.S. trading hours, coupled with market insights and commentary. For a more granular dig into U.S. market action, check out CoinDesk’s Crypto Daybook Americas. While last month’s U.S. spotlight dazzled around the GENIUS Act and Circle’s (CRCL) headline-making…

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Bitcoin rockets past $89k amidst frenzied market turmoil, shaking up bulls and bears alike

Bitcoin Rockets Past $89K Amidst Frenzied Market Turmoil, Shaking Up Bulls and Bears Alike

In a rollercoaster ride, Bitcoin blasted beyond $89,000 before retreating to around $87,000, triggering futures liquidations surpassing $600 million on both bullish and bearish bets. This wild price gyration marked the most intense turbulence since BTC briefly touched above $73,000 earlier this year. Altcoins such as DOGE, SOL, and APT suffered hefty futures wipeouts, with…

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Blackrock’s bitcoin etf surges past 195k btc, outshining microstrategy’s holdings

BlackRock’s Bitcoin ETF Surges Past 195K BTC, Outshining MicroStrategy’s Holdings

After another robust day of inflows, IBIT’s latest filings reveal it held a whopping 195,985 bitcoins as of Friday. In contrast, MicroStrategy’s public disclosures, dated February 26, report a slightly smaller stash of 193,000 tokens. Earlier this week, MicroStrategy rolled out a $700 million capital raise, explicitly aimed at snapping up additional bitcoin, hinting that…

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