Trading just below $79,000 in midday U.S trade Monday, bitcoin BTC$78,885.00 has bounced from its worst weekend level below $75,000. At $78,700, BTC is higher by 2% over the past 24 hours and up 7% from its weakest price of the weekend, but still down more than 10% on a week-over-week basis. Ether ETH$2,276.43 is…
Nomura Holdings said it will tighten risk controls at Laser Digital, its crypto unit, after losses in the business contributed to the company’s 9.7% decline in fiscal third-quarter profit, Bloomberg reported. During an earnings briefing on Friday, Nomura CEO Hiroyuki Moriuchi said the company implemented stricter position management to reduce risk exposure and limit earnings…
Crypto exchange Binance has transferred roughly $100 million worth of bitcoin from one of its hot wallets into its Secure Asset Fund for Users (SAFU), marking an early on-chain step in the exchange’s plan to reframe its user protection reserve around bitcoin. Blockchain data shows about 1,315 BTC moved in a single transaction from a…
A decade ago, the crypto market was straightforward: When bitcoin BTC$76,540.50 surged, some 500 or more alternative cryptocurrencies followed suit; when it plunged, the entire market crashed. Portfolios spread across “diverse tokens” with unique use cases looked diversified on paper, but cratered during the bitcoin slides. Fast forward to 2026, and very little has changed,…
Solana-based decentralized excange Jupiter said it will bring Polymarket to the network for the first time, rolling out an integration that it pitched as a push to make Jupiter a fuller on-chain predictions hub. “For the first time, Polymarket is coming to Solana. On Jupiter,” the exchange posted on X, adding users will be able…
Bitcoin BTC$78,358.92 traded back above $76,000 after a short-lived break of support, where it tested $74,000, highlighting the fragile balance between dip buyers and forced sellers in a market still short on “depth.” (CoinDesk) The quick V-shaped move stemmed from order book dynamics where liquidity has dried, allowing buy/sell trades to have an outsized impact…
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’s latest slide exposed a familiar pattern in crypto markets: probability gauges…
At first glance, the $19 billion liquidity wipeout on Oct. 10 looked routine: a rapid chain of liquidations, or forced closures of trading positions, across major exchanges as bitcoin BTC$77,706.11, the largest cryptocurrency, tumbled. It’s what followed, and the lack of transparency over the day’s events, that’s made the largest single-day liquidation by dollar value…
Johnny Ng is not interested in zero-sum crypto politics. As regulators in Washington, Beijing and elsewhere in Asia chart their own paths for digital assets, the Hong Kong legislator is focused on something else entirely: building connective tissue between markets, technologies, and jurisdictions that rarely move in sync. Representing the technology sector in Hong Kong’s…
Bitcoin’s price sank sharply over the weekend, sliding below $78,000 — its lowest level since April — as profit-taking collided with thinning liquidity and a scarcity of fresh buyers. Traders told CoinDesk that a rally once backed by corporate demand, particularly from Strategy’s (MSTR) bitcoin purchases, has run out of steam, leaving markets vulnerable to…
