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. Artificial Intelligence (AI) majors are slightly down despite blockbuster earnings by […]

Robinhood (HOOD) on Wednesday reported a 98% year-over-year jump in second-quarter crypto trading revenue, while easily beating Wall Street’s earnings estimates as the company’s crypto ambitions and international expansion began to take shape. The popular trading platform posted net revenue of $160 million for crypto, up from $81 million in the same period last year. […]

Nasdaq-listed Fundamental Global (FGF) is rebranding to FG Nexus and entering the digital asset space with a $200 million private placement to launch an ether-based treasury strategy, the company said in a press release Wednesday The offering, composed of 40 million prefunded warrants priced at $5, was backed by a slate of high-profile strategic investors, […]

ARK Invest increased its investment in ether treasury company BitMine Immersion Technologies for a second straight day, buying $15.3 million worth of the shares on Tuesday. Cathie Wood’s investment management firm added 477,498 BMNR shares across its Innovation (ARKK), Next Generations Internet (ARKW) and Fintech Innovation (ARKF) exchange-traded funds (ETFs), according to an emailed update. […]

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. On Wednesday in the U.S., the Securities and Exchange Commission announced […]