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Asia Morning Briefing: Bitcoin Drops to $115K as Third Major Profit-Taking, New Tariff Tensions Add Pressure
CryptoQuant data shows a $6B–$8B profit-taking spike in July as new whales offload BTC near highs. Trump's renewed tariff measures, announced Thursday, deepen the consolidation phase.
Coinbase Increases Bitcoin Holdings, Plans Tokenized Stocks in U.S.
The announcement comes amid the exchange posting a disappointing second-quarter with shares down more than 6% in post-market trading.
Strategy Looking to Raise $4.2B Via Preferred Stock to Stack More Bitcoin
The offering comes just days after closing on the sale of $2.5 billion of STRC preferred shares.
Coinbase Stock Tumbles 7% After Disappointing Q2 Results
The company posted total revenue of $1.5 billion, lower than the $1.59 billion that analysts had expected.
Ethereum's Justin Drake Unveils ‘Lean’ Roadmap to Fend Off Quantum Threats
The new framework is aimed at simplifying the protocol’s design while preparing it for the security risks posed by future quantum computers.
Adam Back's Blockstream Unveils Bitcoin-Powered, Liquid Network-Based Smart Contracts
Co-founded by early Bitcoin contributor Adam Back, Blockstream introduced Simplicity to solve the limitations of Bitcoin as a smart contract venue
Helium Plus Lets Businesses Join Solana DePIN Project With Just Wi-Fi
The Solana DePIN project is launching a new service that allows businesses to contribute to the Helium Network with just Wi-Fi and without having to buy new equipment.
Robinhood's Strong Q2 Fails to Sway Cautious Wall Street Analysts
Having nearly tripled in price from the April lows, the stock received a number of modest price target hikes, but no ratings upgrades.
Clearpool Expands to Payments Financing, Debuts Stablecoin Yield Token
The decentralized finance platform targets fintechs bridging fiat settlement gaps with short-term stablecoin credit.
BTC Faces Golden Fibonacci Hurdle at $122K, XRP Holds Support at $3
BTC bulls need to overcome the 161.8% Fib extension, the so-called golden ratio.
