Crypto News

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.As East Asia begins its business day, bitcoin is down 1.8%, trading above $117,800, as traders take some profit after BTC pushed through multiple all-time highs.While there's a belief from some market participants that the rally is just beginning, with calls for BTC to hit 160k, 200k, and further, OKX's Chief Commercial Officer, Lennex Lai warns that risk is building just as fast as market enthusiasm."Across platforms, we're seeing an increase in aggressive long positions and widening funding...

Shiba Inu (SHIB) sees bullish momentum, driven by AI-focused initiatives, metaverse upgrades, and whale activity. However, centralization risks and exchange delistings pose challenges. (Read More)Source link

The House blocked major crypto bills, but accelerating Senate momentum and surging institutional demand are reigniting hopes for transformative U.S. digital asset legislation. US Crypto Legislation Stalls in House, Disrupting Momentum on Digital Asset Rules The U.S. House of Representatives blocked a procedural vote on July 15, preventing formal consideration and discussion of three cryptoSource link

Cosmos (ATOM) surges 10.31% amid IBC v4 upgrades, institutional interest, and stablecoin adoption. Technical indicators signal a bullish outlook for July 2025. (Read More)Source link

Leonidas, a high-powered microwave system, disables drones mid-air without using bullets or lasers, and the Pentagon is paying attention.Source link