Bitpanda Rules Out London IPO, Eyes Frankfurt or New York

Crypto exchange Bitpanda turned away from London’s public markets, citing weak liquidity on the London Stock Exchange (LSE) as a key factor in its decision. Eric Demuth, co-founder of the Vienna-based crypto exchange, told the Financial Times that while Bitpanda was actively evaluating a public listing, “it will not be in London.” Instead, the firm…

Ether Price Enters ‘Belief Zone’ Following $5K All-Time Highs

Key takeaways: Ether’s long-term holder net unrealized profit/loss indicator suggests the price has entered the “belief” phase. The market value to realized value suggests ETH is undervalued, with room to run toward $5,500. Ether’s rounded bottom pattern targets $12,100. Ether (ETH) price has rallied more than 240% since April to set a record high above…

Altcoin Season May Hinge On More Crypto ETFs: Analysts

Altcoins may not see a broad, outsized rally until the approval of crypto ETFs that give investors exposure further down the risk curve, according to analysts from Bitfinex. Crypto market participants have eagerly awaited an altcoin market rally, or “altseason,” as Bitcoin (BTC) dominance dipped 6% over the past 30 days. Bitcoin dominance stood at…

Altcoin Season May Hinge On More Crypto ETFs: Analysts

Altcoins may not see a broad, outsized rally until the approval of crypto ETFs that give investors exposure further down the risk curve, according to analysts from Bitfinex. Crypto market participants have eagerly awaited an altcoin market rally, or “altseason,” as Bitcoin (BTC) dominance dipped 6% over the past 30 days. Bitcoin dominance stands at…

Tim Draper Says Altcoins Could Help Bitcoin Evolve and Dominate

Venture capitalist and founding partner of Draper Associates, Tim Draper, says altcoins could ultimately make Bitcoin better by acting as testing grounds for upgrades.   During an interview on CNBC’s Squawk Box on Monday, Draper said there will also be “many other cryptocurrencies,” created over time, which will help grow Bitcoin’s (BTC) dominance.  “Competition is good…

ETHZilla’s $250M Buyback Sparks Ether Treasury Debate

Ether treasury company ETHZilla, which recently pivoted from its biotechnology roots to cryptocurrency, has approved a $250 million share repurchase program — signaling that some firms may increasingly tap digital-asset gains as a source of liquidity. ETHZilla’s board of directors authorized the buyback of up to $250 million worth of its outstanding common shares, the…

BTC Fragility and ETH Rotation Signal Market Bracing for Consolidation Without New Liquidity

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. Bitcoin is trading just below $110,000 after another failed bounce, down…

Global Regulators, Exchange Operators Target Tokenized Stocks

Exchange industry associations and global regulators are joining forces to curb the growth and adoption of tokenized stocks, arguing that these products do not represent actual equities and expose investors to significant risks. According to Reuters, the European Securities and Markets Authority (ESMA), the International Organization of Securities Commissions (IOSCO), and the World Federation of…

Bitcoin Traders Pile Into Futures, Is A Rebound Incoming?

Key takeaways: Bitcoin futures demand continues rising despite the recent price weakness, indicating sustained trader engagement. The put options maintained a premium over calls, reflecting persistent bearish sentiment among investors. Bitcoin (BTC) traded down to $109,400 on Monday, its lowest level in more than six weeks. The correction followed an $11 billion sale by a…

Sharps Technology Stock Soars on $400M Solana Treasury Plan

Shares of Sharps Technology nearly doubled Monday after the medical device maker announced a $400 million move to fund a new treasury strategy built around Solana’s native token. The stock jumped 96% from $7.40 to an intraday high of $14.53 before easing to $12.01 at this writing. Sharps signed a letter of intent with the…