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. Bitcoin is stuck in a holding pattern near $112,000, according to […]
Solana Outperforms Bitcoin; Possibly Poised to Follow Ether’s Recent 200% Rally, Says Analyst
With bitcoin (BTC) stuck just above $110,000 and ether (ETH) consolidating after hitting fresh records, Solana (SOL) has emerged as a standout performer in the crypto market recently. The token traded around $211 on Monday, up 33% from early August lows, making it one of the best performers in the CoinDesk 20 Index in the […]
Bullish Gets Cautious Outlook from Compass Point
Wall Street banking and research firm Compass Point has initiated coverage of crypto platform Bullish (BLSH), the parent company of CoinDesk, with a neutral rating and a $45 price target. Despite a belief that Bullish’s lower fee structure could help it chip away at Coinbase’s (COIN) U.S. market share in the future, the analyst Ed […]
Winklevoss Twins Back $147M Raise for Treasury’s Landmark European Bitcoin Listing
Treasury BV said it raised 126 million euros ($147 million) in a private funding round led by Winklevoss Capital and Nakamoto Holdings, allowing it to acquire more than 1,000 bitcoin (BTC) as it seeks to become the largest publicly traded European bitcoin treasury company. For the public listing, the company led by CEO Khing Oei […]
DOGE/BTC Triangle Breakout Flags Potential Rally if $0.22 Resistance Clears
News Background DOGE swung 4% intraday between $0.207 and $0.215 in the 24h session from Sept. 2 at 02:00 to Sept. 3 at 01:00. Trading volume surged to 949M, about 21% above weekly averages, signaling strong market participation. ETF speculation remains a catalyst: Polymarket odds of DOGE ETF approval rose to 71% from 51% ahead […]
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