Author: admin

One of the more conservative trillion-dollar asset managers, T. Rowe Price, has surprised analysts after filing to list an actively managed crypto exchange-traded fund in the US.T. Rowe’s S-1 registration statement to launch an Active Crypto ETF could shake up its largely mutual fund-focused offerings — an asset class that has bled tens of billions of dollars in outflows over the last month.The filing submitted to the Securities and Exchange Commission on Wednesday states the fund is expected to hold five to 15 cryptocurrencies that are eligible under the SEC’s generic listing standards, which include Bitcoin (BTC), Ether (ETH), Solana…

Read More

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.Crypto markets have entered midweek in a holding pattern.Bitcoin is trading around $108,164, up slightly from Monday but still down 2% on the week, while Ether is changing hands near $3,815.The rebound reflects what QCP Capital called a “narrow-range equilibrium” as traders await Friday’s CPI report, the only major U.S. economic data release not delayed by the shutdown.In…

Read More

In brief Coinbase’s new MCP tool lets AI agents hold wallets and send stablecoin payments. Payments MCP builds on Coinbase’s x402 protocol for machine-to-machine crypto transfers. Built-in wallet limits and compliance checks aim to keep AI spending safe and traceable. Coinbase is linking artificial intelligence directly to crypto payments with a new system built on the Model Context Protocol that lets AI agents hold wallets, send stablecoin payments, and interact with online services.The launch of Payments MCP connects AI to on-chain value transfer at scale, giving machines the ability to transact autonomously through a standardized protocol.Payments MCP builds on x402,…

Read More

In brief Coinbase’s new MCP tool lets AI agents hold wallets and send stablecoin payments. Payments MCP builds on Coinbase’s x402 protocol for machine-to-machine crypto transfers. Built-in wallet limits and compliance checks aim to keep AI spending safe and traceable. Coinbase is linking artificial intelligence directly to crypto payments with a new system built on the Model Context Protocol that lets AI agents hold wallets, send stablecoin payments, and interact with online services.The launch of Payments MCP connects AI to on-chain value transfer at scale, giving machines the ability to transact autonomously through a standardized protocol.Payments MCP builds on x402,…

Read More

Hyperliquid Strategies, a new digital asset treasury company, has officially filed an S-1 registration statement with the U.S. Securities and Exchange Commission, signaling its intent to raise $1 billion for general purposes, including the accumulation of Hyperliquid’s native token HYPE.Hyperliquid Strategy is a merger-in-progress involving Nasdaq-listed biotech firm Sonnet BioTherapeutics and a special purpose acquisition firm, Rorschach I LLC. The impending crypto treasury company will focus on the Hyperliquid ecosystem.The company plans to issue up to 160 million shares of common stock, with Chardan Capital Markets acting as the financial advisor for this fundraising effort, according to a Wednesday filing.”In…

Read More

Bitcoin’s recent price movements suggest that the market could be entering a cooling phase after an intense rally earlier this year. Two unsuccessful attempts to break higher have raised doubts about the short-term strength of buyers, even as long-term holders quietly accumulate. Over the past two weeks, Bitcoin made two efforts to regain bullish momentum — first around October 13 and again on October 20. Both were met with resistance, signaling a slowdown in market energy. The price has been hovering in the $104,000 to $110,000 range, unable to reclaim its 30-day Fair Value, a sign that traders are becoming…

Read More

Crypto market analysts are eyeing one more Bitcoin (BTC) flush near $104,000 before the crypto bull market will have a chance to restart, based on historical patterns. Bitcoin’s long-term support technical indicator is the 50-week simple moving average, and that currently stands at around $102,500 according to TradingView.It has served as solid support four times since the bull market began in mid-2023 and is likely to be revisited again, analysts said. There is still a lot of leverage in the market and a large liquidity cluster around $104,000, observed analyst ‘Sykodelic’ on Thursday. “I know its not what any holder wants to…

Read More

Bitcoin (BTC) continues to struggle with recovery after failing to maintain momentum above key support levels. The crypto king’s inability to reclaim lost ground highlights growing structural weakness across the market. Recent data suggest that bearish sentiment is intensifying, as multiple on-chain and volatility metrics reveal deteriorating investor confidence.Bitcoin May See Some ResistanceThe Supply Quantiles model indicates increasing bearishness in Bitcoin’s short-term outlook. This framework tracks cost-basis levels across quantiles—specifically the 0.95, 0.85, and 0.75 thresholds—representing portions of supply held at a loss. Bitcoin currently trades below the short-term holder cost basis of $113,100, which shows that the stress faced by…

Read More

Open Miner, a UK-based global cloud mining platform, has officially launched a new free cloud mining plan, offering cryptocurrency mining services to users worldwide with no initial investment and instant profit settlement. This plan aims to lower the barrier to entry for mining Bitcoin and other major digital assets, allowing users to easily earn daily cryptocurrency returns at zero cost.Free Mining Program Officially Launched: Sign Up and Earn!Open Miner’s free mining program allows users to start mining in the cloud without any hardware or specialized knowledge. New users register and receive a $500 mining bonus. The system automatically allocates computing…

Read More

One month ago, Harshvardhan (“Hash”), an alumni of the MIT Bitcoin Club and an organizer for the MIT Freedom Tech Expo, told me in an interview about how a friend of his who is a social worker in Nepal and who was on the ground during the recent protests in the country doesn’t like Bitcoin. “There’s a lot of people with left-leaning ideology who still think bitcoin is a capitalistic tool, and they’re not very comfortable with it yet,” explained Hash. I’ve been thinking a lot about this point he made since we spoke. As someone who was formerly more…

Read More