By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin is struggling to hold ground as concerns over the strength of the yen and fiscal instability drove a divergence between crypto and traditional safe-haven assets. Bitcoin fell 0.8% in 24 hours to sit below $88,000, and ether lost more than 1.6% to just under $2,900….
Metaplanet (3350) expects its revenue to nearly double this year after a volatile end to 2025 that saw the firm post a paper loss of over 100 billion yen ($650.6 million) over bitcoin’s sharp correction. The Tokyo-listed company revised its full-year FY2025 forecast and released its outlook for FY2026, showing operating income and sales far…
After weeks in which the bitcoin BTC$87,948.56 price has been constrained mainly between $85,000 and $95,000, the crypto market may be thrown a reason to break out of the doldrums on Wednesday, when the Federal Open Markets Committee sets U.S. interest rates. May, that is. Not will. The consensus, more than 97%, is for the…
Coinone, one of a handful of regulated South Korean cryptocurrency exchanges, is reportedly up for sale, with both local financial institutions and foreign exchanges among the rumored bidders. The company has begun a process to sell the stake held by Chairman Cha Myung-hoon, who controls 53.4% of the company, the local news agency Seoul Economic…
The Financial Conduct Authority has begun seeking final feedback on a set of proposals aiming to apply traditional finance standards to the UK crypto sector. The UK’s financial watchdog is entering the final stages of its consultation process for a host of key proposed crypto regulations as the agency continues to work on the government’s…
Binance co-founder Changpeng Zhao has ruled out returning to the crypto exchange, despite a pardon from US President Donald Trump opening the door for it to be possible. Zhao told CNBC’s Squawk Box on Sunday that it’s his understanding that the pardon means the former restrictions “are completely lifted,” but shot down any suggestions of…
Around 70% institutional investors believe Bitcoin is undervalued when priced between $85,000 to $95,000, as it continues to underperform against precious metals and the stock market, Coinbase has found. Coinbase said in its Charting Crypto Q1 2026 report that its survey of 75 institutional investors and 73 independent investors was taken between early December to…
Gold prices have topped $5,000 amid rising geopolitical and global trade tensions, while Bitcoin has fallen toward $86,000 as the divergence between the two assets widened. Gold surged to a record high of $5,080 on Monday following a 17% gain so far this year, according to Gold Price, with traders flocking to the precious metal…
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. Gold’s breakout above $5,000 is beginning to look less like a spike…
Around $100 billion was wiped from the crypto market late on Sunday, as uncertainty around another potential partial US government shutdown caused traders to sell off. Senate Democrats threatened to block a funding package if it included money for the Department of Homeland Security, which oversees Immigration and Customs Enforcement, after federal agents shot and…
