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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