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. Crypto markets in Asia are opening to a steadier BTC, but the …
Continue reading Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags
Tag:Holds
US government holds Zcash
The US government appears to hold a significant amount of Zcash, a privacy-focused digital asset, according to a new analysis by Arkham Intelligence. The position, valued at approximately $1.5 million, reportedly stems from assets seized during the 2017 takedown of the AlphaBay darknet market. Arkham said it linked the funds to government-controlled wallets through transfers …
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Dogecoin Holds $0.14 Floor as Network Activity Hits 3-Month High
Memecoin posts modest advance with elevated trading activity while technical patterns signal consolidation near key support. News Background Dogecoin marked its 12th anniversary on December 6, twelve years after creators Billy Markus and Jackson Palmer introduced the meme-token that would later evolve into a major crypto asset supported by persistent community engagement. Despite the milestone, …
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Bitcoin Holds $90K But Upside Depends on Fresh Volume
Over the past two weeks, Bitcoin price repeatedly revisited the $90,000 range as retail investor sentiment improved, fund managers restated their bullish expectations for a potential end-of-year rally, and Strategy announced a sizable BTC purchase. According to VanEck head of digital asset research, Matthew Sigel, Bernstein wrote that “the Bitcoin cycle has broken the 4-year …
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ICP Holds Above $3.40 as Early Breakout Stalls
ICP$3.5214 rose in the last 24 hours, adding 0.6% to $3.44 with trading centered on key technical levels. ICP traded within a $0.20 intraday band — about 5.7% volatility — reflecting a market still consolidating after last week’s rebound from multiday lows, according to CoinDesk Research’s technical analysis data model. Momentum peaked during early trading …
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