Traders on decentralized betting platform Polymarket have scaled back expectations for U.S. military action against Iran amid reports that President Donald Trump’s team is looking to mend fences. As of writing, probability that U.S. will strike Iran by June 30 stood at 46%, down sharply from the overnight high of 66.9%, according to trading in […]
Asia Morning Briefing: Tron’s Public Listing Might be Investors’ ‘Visa’ Moment for Stablecoins
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. Analysis As Asia begins its trading day, Tron DAO’s TRX token […]
JPMorgan Files Trademark for Digital Asset Platform as Wall Street’s Crypto Embrace Continues
Global banking giant JPMorgan Chase has filed a trademark application for a new crypto-focused platform branded as JPMD, signaling that the bank is pushing deeper into digital assets. According to the application filed on Sunday to the U.S. Trademark and Patent Office, JPMD will offer services such as “providing trading, exchange, transfer, and payment services […]
ATOM Surges 6% as Crypto Markets Bounce Back
The impact of conflict in the middle east appears to be waning with ATOM forming a clear bottoming pattern around the $4.01-$4.05 support zone before breaking through resistance levels with strong volume. Technical Indicators ATOM formed a clear bottoming pattern around the $4.01-$4.05 support zone during the 20:00 hour on June 15, with above-average volume […]
Metaplanet Overtakes Coinbase With 10K BTC, Becomes No. 9 Bitcoin Holder
Metaplanet (3350), the Japanese company that’s committed to buying bitcoin BTC, boosted its holdings to 10,000 BTC, overtaking crypto exchange Coinbase (COIN) to now own the ninth-largest stash among publicly traded companies. The Tokyo based company bought 1,112 BTC for $117.2 million at an average price of $105,435 per bitcoin, CEO Simon Gerovich posted on […]
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