Cryptocurrency exchange Bitpanda is “looking much closer” into a public listing than previously, co-founder Eric Demuth said in an interview with the Financial Times. Demuth ruled out London as a likely venue for a public market debut, despite the crypto exchange’s recent expansion of U.K. operations. The lack of liquidity in share trading is putting […]
Asia Morning Briefing: BTC Fragility and ETH Rotation Signal Market Bracing for Consolidation Without New Liquidity
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 trading just below $110,000 after another failed bounce, down […]
Bitcoin Tumbles Back to $110K as Crypto Bounce Fails, Ether Plunges 8%
Hopes for a quick reversal from the weekend crypto plunge faltered on Monday with bitcoin (BTC) slipping all the way back $110,000, just barely ahead of its then-euphoric price of $109,400 touched ahead of President Trump’s Jan. 20 inauguration. The largest crypto’s recovery attempt was quickly rejected at $113,000 during the U.S. session, and fell […]
Cardano’s ADA Price Finds Support as Hoskinson Talks Markets and Network’s Future
Cardano’s ADA token fell 3% over the past 24 hours, currently trading at $0.87 after a volatile session that saw the token swing over 10% in value overnight. The price action followed a Friday night AMA (Ask Me Anything) with Cardano co-founder Charles Hoskinson, who expressed long-term optimism for Cardano’s prospects, pointing to the upcoming […]
Japan’s Finance Minister Says Crypto Assets Can be Part of Diversified Portfolio
Japan’s Finance Minister Katsunobu Kato said on Monday that cryptocurrencies can be part of a diversified portfolio. “Crypto assets have risks surrounding high volatility, but through building an appropriate investment environment, they could be part of diversified investments,” Kato said while speaking at an event in Tokyo, according to Bloomberg. The minister added that the […]
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