Crypto News

Strive Asset Management and Asset Entities Inc. (Nasdaq: ASST) announced a $750 million private investment to fund their first wave of bitcoin acquisitions, aiming to establish Strive as a leading bitcoin treasury company focused on long-term outperformance. Strive Eyes Bitcoin Dominance With No-Debt $750M Funding Round The financing for Strive Asset Management and Asset EntitiesSource link

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.Ethereum surged past $2,600 in early Asia hours, up 3.7%, breaking decisively above its previous resistance level of around $2,500 following a prolonged consolidation period, according to CoinDesk Research's AI-assisted technical analysis model. The rally is supported by robust trading volume and significant institutional confidence, underscored by $248 million in net inflows into spot Ethereum ETFs last week, led prominently by BlackRock's iShares Ethereum Trust. DeFi activity is also strengthening, with Ethereum's total value locked (TVL) rising 3.59%...

Binance doubles down on crypto’s future as its CEO spotlights the regulatory moves that could spark mass adoption, transform finance, and reshape global economic power. Crypto Frameworks Must Enable This to Trigger Mass Participation, Says Binance’s CEO Binance CEO Richard Teng emphasized the need for regulatory clarity in crypto in a post shared on socialSource link

Blockstream CEO Adam Back believes America’s first “crypto president” is a net positive for the space, even despite recent controversies.Source link

Another man was arrested in New York to face charges related to an abduction case that left a Bitcoin investor tortured and held for weeks.Source link