Michael Saylor Downplays Bitcoin’s Quantum Threat

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. BlackRock calls Quantum computers, with their ability to outperform classical binary…

Ethereum ETF investors are ‘substantially underwater’ — Glassnode

Most investors in spot Ether exchange-traded funds from asset managers BlackRock and Fidelity Investments are facing significant losses, according to crypto analytics firm Glassnode. “The average investor in the BlackRock and Fidelity Ethereum ETFs are now substantially underwater on their position, holding an unrealized loss of approximately -21% on average,” Glassnode said in its May…

Saylor’s Strategy Upsized Stock Offering to $1B for Bitcoin Purchases

Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a stock offering to fund additional Bitcoin purchases. The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share. Strategy estimates raising…

Will Elon Musk’s Breakup with Trump Fuel Dogecoin’s Drop Below $0.10?

Key takeaways: Dogecoin dropped about 7% on June 6 as the public spat between President Trump and Elon Musk escalated. DOGE/USD bear flag hints at a potential 66% drop. Dogecoin’s (DOGE) price flipped bearish on June 5 after a public feud broke out between US President Donald Trump and his most celebrated backer, Elon Musk….

Bitcoin Family Splits Seed Phrase Across Four Continents After Crypto Attacks

Didi Taihuttu, patriarch of the so-called “Bitcoin Family,” has overhauled his digital asset security setup following a wave of violent attacks targeting crypto holders.  The family, known for going all-in on Bitcoin in 2017, now hides portions of their private keys across four continents. In a CNBC interview, Taihuttu said he now uses a hybrid…

The battle for gaming data is on.

Opinion by: T-RO, co-founder of GamerBoom Forget the old pitch about “interactive media.” Every dungeon crawl, clutch revive and deck shuffle is time-stamped, geo-located and tied to an explicit objective. No other medium produces such clean, high-frequency reads on risk tolerance, resilience or cooperation. Feed these sequences into reinforcement learners, resulting in the real-world effect….

Ethereum network growth, bullish ETH futures support $2.4K

Key takeaways: Ether (ETH) has repeatedly failed to break above $2,700 since May 13, but despite this short-term weakness, Ether’s price has outperformed the broader cryptocurrency market capitalization by 17% over the past 30 days, raising the likelihood of a correction as macroeconomic uncertainty continues. Investors are concerned that declining interest in decentralized applications (DApps)…

The battle for gaming data is on.

Opinion by: T-RO, co-founder of GamerBoom Forget the old pitch about “interactive media.” Every dungeon crawl, clutch revive and deck shuffle is time-stamped, geo-located and tied to an explicit objective. No other medium produces such clean, high-frequency reads on risk tolerance, resilience or cooperation. Feed these sequences into reinforcement learners, resulting in the real-world effect….

Coinbase, BiT Global End Legal Fight Over WBTC Delisting

BiT Global has ended its dispute over the delisting of BiT Global’s wrapped bitcoin (wBTC) token on Coinbase. According to a joint court filing, BiT Global has agreed to dismiss its lawsuit against the crypto exchange with prejudice, meaning the case cannot be brought again in the future. The filing notes that both companies will…

DeFi, not MiCA II at Forefront

European lawmakers have yet to define “decentralization,” even as regulators begin preparing for decentralized finance (DeFi) to become a key focus of crypto policy in 2026. The world’s first comprehensive regulatory framework for the crypto industry, the Markets in Crypto-Assets Regulation (MiCA), went into effect on Dec. 30, 2024. Among its aims are to boost…