APT$1.9007 advanced 2.4% to $1.90 over the last 24 hours. The token outperformed the broader crypto market while trading volume spiked 40% above its 30-day average. The CoinDesk 20 Index (CD20) added 1.5% in the same period. The token’s combination of contained price movement with elevated activity typically signals institutional positioning ahead of larger moves,…
Trading volume in Strategy (MSTR) shares exploded Monday as the stock fell after the Nasdaq-listed firm announced a new dollar reserve and adjusted its full-year profit outlook. More than 42.9 million shares changed hands, making it the busiest trading day since Dec. 20, 2024, according to TradingView data. The stock lost 3.25% to $171.42. Strategy…
AI agents are getting good enough at finding attack vectors in smart contracts that they can already be weaponized by bad actors, according to new research published by the Anthropic Fellows program. A study by the ML Alignment & Theory Scholars Program (MATS) and the Anthropic Fellows program tested frontier models against SCONE-bench, a dataset…
Unlimit has launched Stable.com, a decentralized clearing house built specifically for stablecoins, the fintech company said in a press release Tuesday. The firm said the service is the first to pair non-custodial stablecoin swaps with direct global off-ramps, aiming to make dollar-pegged tokens more practical and easier to use. Stable.com lets users trade among major…
Cambodia’s Huione Pay, a central node in the Huione family of financial companies targeted by U.S. sanctions, froze withdrawals on Monday and suspended business for more than a month, sparking panic among users who rushed to its headquarters seeking access to their savings, according to local media reports. Regulators and U.S. authorities have long warned…
Bitcoin briefly broke below $83,000 late Monday, as thin liquidity, a weekend macro scare out of Japan, and mounting fears over a potential MSCI methodology change converged into a fast, disorderly move lower. Prices hovered above $85,000 during Asian hours on Tuesday morning, with XRP, ether ETH$2,802.03, Cardano’s ADA, Solana’s SOL and BNB Chain’s BNB…
Bitcoin BTC$87,232.70 traders are increasingly taking defensive positions, bracing for a potential price drop below $80,000 in the new year. “Skew’s sharp step lower shows traders stacking puts, especially into the December 26 expiry, where open interest has concentrated at the $84K and $80K strikes,” Nick Forster, co-founder of Derive, said in a market note….
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. Tether is back in the spotlight as traders revisit a familiar question:…
An overnight crash in the price of bitcoin combined with a difficult to digest capital raise to send Strategy (MSTR) shares tumbling 12.5% to their weakest level in nearly 15 months in U.S. morning trading on Monday. And yet, despite no bounce in the price of bitcoin BTC$86,452.68 — which remained near session lows of about…
Vanguard, one of the world’s largest asset managers with roughly $11 trillion in assets under management, will begin allowing customers to trade cryptocurrency ETFs and mutual funds on its brokerage platform starting Tuesday, according to Bloomberg. “Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,”…
