Asia Morning Briefing: MSFT, Meta Soar on Strong AI Earnings, But Crypto AI Tokens Fail to Follow

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. Artificial Intelligence (AI) majors are slightly down despite blockbuster earnings by … Read more

iPhone 16 Sales Soar 20 Percent in China Debut as Demand Returns

Sales of Apple’s newest iPhones in China are up 20 percent in their first three weeks compared with 2023’s model, a positive sign for a device that struggled this year to gain traction in the world’s largest smartphone market. The iPhone 16 debuted in September and has outperformed its predecessor so far, according to Counterpoint … Read more

$BTC Breaks $119K, but $XLM and $HBAR Soar 22% and 27% as Top Percentage Gainers in Top 20

According to CoinDesk Data price information, at 2:20 p.m. UTC on Sunday, the bitcoin price set a new all-time high of $119, 308, up 1.4% in the past 24-hour period. Bitcoin’s achievement was a little bit surprising because the crypto market was waiting for the U.S. stock market to open on Monday to discover the … Read more