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.The crypto market is flashing warning signs. Institutions are stepping back as … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) traded little changed around $120,000, struggling to build on a weekend bounce characterized by consistent demand at around $117,000. Other tokens were less moribund. The CD20 Index, which captures about 80% of the digital asset market, rose 2% over 24 hours while the CD80 … Read more
U.S.-listed spot bitcoin exchange-traded funds saw net outflows of $131.4 million on Monday, breaking a 12-day streak of uninterrupted inflows that brought in over $6 billion, according to data from Farside Investors. The pullback came as bitcoin (BTC) itself traded mostly flat to start the week. Prices continue to hover in a tight range on … Read more
CoinDCX has announced a new crypto literacy project in Mumbai, that will attempt to kickstart discussions on crypto and digital assets at a popular meeting place in the city — tea stalls. Dubbed ‘Bitcoin Chai Cafe’, the Indian crypto exchange’s latest initiative is designed to promote crypto-related conversations at tea stalls, which are frequented by … Read more
The crypto market remained sluggish over the weekend, showing little movement. On Monday, February 17, Bitcoin recorded a 1.55 percent dip on international exchanges, trading at $96,019 (roughly Rs. 83.2 lakh), according to CoinMarketCap. A similar trend was observed on Indian exchanges, where Gadgets 360’s crypto price tracker reported Bitcoin at $99,734 (roughly Rs. 86.5 … Read more