Cryptocurrency-friendly investment firm Franklin Templeton introduced a blockchain-based money-market fund for professional investors in Hong Kong and said it’s also working on a version for retail investors as it looks to expand its footprint in Asia. The Franklin OnChain U.S. Government Money Fund invests in… Read More
BNB slid 7.8% in the past 24 hours, dropping to $940 and breaching several major support levels in the process. The move followed a wave of sales orders that began after the token failed to break resistance at $1,020. A spike in trading volume, 72%… Read More
Bitcoin BTC$111,502.81 has rallied past $110,000, led by renewed optimism about the U.S.-China trade relations. The bounce means BTC is now trading at levels where market makers could add to price turbulence ahead of Friday’s multi-billion dollar options expiry. Data from the Deribit-listed options market,… Read More
Chainlink’s native token LINK LINK$17.96 recovered to $18.40 during the Wednesday session, reversing losses from a sharp intraday selloff that saw the price fall below the key $18 support level. A sudden volume spike of 4.59 million tokens — 178% above the 24-hour average —… Read More
Crypto analysts speculate the long-awaited altcoin season may not be far away now, but altcoin season indicators are painting a different picture for now. A “massive liquidity shift” later this year will lead to a “parabolic pump” for altcoins, predicted crypto analyst ‘Ash Crypto.’ The… 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. Bitcoin… Read More
