Author: NBTC

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. Ethereum surged past $2,600 in early Asia hours, up 3.7%, breaking decisively above its previous resistance level of around $2,500 following a prolonged consolidation period, according to CoinDesk Research’s AI-assisted technical analysis model. The rally is supported by robust trading volume and significant institutional confidence, underscored by $248 million in net inflows into spot Ethereum ETFs…

A growing number of Singaporeans exited the crypto market in 2024, with ownership falling 11% and 50% of holders selling their assets. Many crypto investors in Singapore are locking in gains and rebalancing their portfolios instead of jumping into the recent market rally, according to the 2025 Independent Reserve Cryptocurrency Index. The survey found that 49% of Singaporean crypto investors had sold part or all of their holdings in the past year, and of those, 67% had made a profit. Lasanka Perera, CEO of Independent Reserve Singapore, said the data from this year’s IRCI indicated not a retreat from crypto…

Trading platform eToro (ETOR) has expanded its crypto offerings in the U.S., adding 12 new digital assets including Dogecoin DOGE$0.22004, Cardano ADA$0.74874 and XRP XRP$2.28, the company said Wednesday. The additions bring the total number of cryptocurrencies available to U.S. users to 15. The new tokens also include Aave AAVE$267.14, Chainlink LINK$15.66, Compound COMP$43.17, Ethereum Classic ETC$18.47, Litecoin LTC$95.36, Uniswap UNI$6.70, Stellar XLM$0.28403, Shiba Inu SHIB$0.0₄14160, and Yearn Finance YFI$5,703.99. Previously, U.S.-based users could only trade Bitcoin BTC$107,658.53, Bitcoin Cash BCH$409.21 and Ethereum ETH$2,636.83 on the platform.The move is part of eToro’s push to widen its footprint in the U.S.…

SBI Holdings, Ripple’s largest partner in Japan, has announced a groundbreaking partnership with the Solana Foundation. The collaboration with R3 Corda, the world’s largest permissioned enterprise blockchain platform, aims to accelerate the integration of traditional financial institutions (TradFi) and tokenized real-world assets (RWAs) onto the Solana (SOL) blockchain. Technically, this collaboration means that private transactions on the Corda platform can be verified directly on the Solana mainnet. This marks a major milestone for the $10 billion Corda ecosystem, which is already used by major TradFi players such as HSBC and Bank of America. Lily Liu, President of the Solana Foundation,…

Bitcoin hovers between $107,000 and $111,000, a deceptively narrow range that masks an options market bristling with tension. In a note to clients released today, Singapore-based QCP Capital argues that the lull is anything but benign. “Bitcoin’s reaction to last Friday’s macro developments was relatively restrained, even as equities rallied sharply,” the desk writes, pointing to “steady” institutional inflows into spot-BTC ETFs as the anchor keeping spot prices in check. Bitcoin Calm Before The Storm? The stability, however, has not bled into derivatives: “Front-end implied volatility held firm, with BTC consolidating in a tight range,” QCP observes, adding that traders…

Hackatao will present at NFC Lisbon its new collection of NFT stamps inspired by two Austrian icons: Wolfgang Amadeus Mozart and Hedy Lamarr. The 10,000 limited edition phygital stamps were created in collaboration with Austrian Post. Hackatao and the new collection of NFT stamps in collaboration with the Austrian Post Hackatao and the NFT stamp collection inspired by Mozart and Hedy Lamarr The true debut of crypto artists with Poste Austriache and the exclusive gift Hackatao and the new collection of NFT stamps in collaboration with the Austrian Post At the NFC Lisbon 2025, the famous duo of crypto art,…

In the volatile world of cryptocurrency trading, fortunes can change rapidly. A recent revelation has sent ripples through the market, highlighting the significant risks associated with leveraged trading, especially when betting against the prevailing trend. UK-based asset management firm, Abraxas Capital, finds itself in a precarious situation, facing substantial unrealized losses on its aggressive crypto short positions in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). What Happened with Abraxas Capital’s Crypto Bets? According to insights shared by blockchain analytics firm Lookonchain via an X post, Abraxas Capital established sizable leveraged short positions on the decentralized exchange Hyperliquid. The firm utilized…

RippleX senior software engineer Mayukha Vadari recently revealed in an X post that the Batch amendment pull request (PR) has officially been merged into the XRP Ledger (XRPL) codebase. This means the feature will be included in the upcoming Rippled release. 👀Congrats @angell_denis on your first XRPL feature amendment!For those who don’t know what this is, it shows that the Batch amendment PR has been merged, which means that it’ll be included in the next rippled release. pic.twitter.com/APrlKQfksq — Mayukha Vadari (@msvadari) May 23, 2025 Vet, an XRPL dUNL validator, also tweeted about the milestone, signaling the excitement in the…

With many projects getting ready for TGEs, the eight-year fund I is on target to deploy the remaining funds by the end of the year. The Stanford ecosystem is the primary source of pre-seed and seed-stage blockchain founder investments made by Blockchain Builders, a venture fund. The Stanford blockchain ecosystem’s venture fund, Blockchain Builders, has announced that its $28 million Fund I, which was oversubscribed, has been successfully closed. The pre-seed and seed-stage fund makes investments in outstanding innovators from other prestigious universities as well as Stanford’s trailblazing crypto community. Gil Rosen, Kun Peng, and Steven Willinger, three Stanford graduate…

According to Maghnus Mareneck, co-CEO of Interchain Labs, the Colombian government will be testing a still-unannounced CBDC on the Cosmos network. Colombia aims to target cross-border payments with this new CBDC, which has just emerged from stealth with this announcement. Colombia Hops Onto the CBDC Bandwagon With Stealth CBDC Pilot Colombia would be the latest country in Latam to experiment with the creation of a central bank digital currency (CBDC). At an interview with The Street, Interchain Labs co-CEO Maghnus Mareneck revealed that they were working with a consortium of banks and the Colombian government in a joint pilot of…