Good morning, Asia. What is the news in markets here:
Welcome to Asia Morning Breifeing, a daily summary of top stories during American hours and observation of market tricks and analysis. For detailed observation of American markets, see the Crypto DeBook America of Coindesk.
Bitcoin (BTC) is trading above $ 105k as Asia starts its commercial day below 1%.
In a note, Paris -based digital assets trading firm Floodek wrote that the world’s largest digital property was proceeding in a strategic posture with value consolidation.
“As BTC integrates near the all-time high, Ultcoin volume and liquidity have seen a constant meaningful change upwards,” Flodek has written.
Flodek noted that the instability of bitcoin is decreasing despite reducing macroeconomic phenomena that usually shake the markets.
With BTC integrated near its all -time high, call overwriting is a noticeable growth, the Flodek saw, as the traders want to make a potential upside down without leaving the core bitcoin exposure.
“Altcoin rotation continues, the ETF flow is back, and the volume positioning reflects an infection for more strategic, yielding-efficient strategies,” Flowdesk concluded.
Meanwhile, coindsk’s market Insight Bot reported that BTC faces negative risks after colliding with strong resistance to $ 108.8k, but ongoing institutional interests can provide help.
The House Republican unveiled the new Crypto Bill, giving the CFTC major oversight role
The US House Republican officially introduced the Digital Asset Market Clarity Act, Coindsk on Thursday reported US Time, their latest push to regulate crypto markets.
This 236-page bill, which is the successor of the first FIT21 Act, gives primary inspection to the commodity futures trading commission of the digital commodity markets, establishes clear guidelines for crypto exchanges, and some decentralized finance (Defi) services exempted the Securities and Exchange Commission (SEC) overseas.
Parallel to this, the Senate focuses on the separate bilateral stabecoin law, which is further procedurally, but faces the ongoing debate. With the hearing of the committee set for the next week, the legalists will publicly discuss the new house bill, setting up the platform for dialogues that can shape the session to shape crypto regulation.
‘Crypto Mom’ Peerce says traders need to take personal responsibility
Heter Peerus, head of the Crypto Task Force of the US Securities and Exchange Commission, urged the crypto investors in Bitcoin 2025 to take personal responsibility for their loss instead of searching for a government bailout, Coindsk reported from BTC Vegas on Thursday.
Peerce emphasized continuity among liberal-mind crypto traders, arguing that those who demand freedom, should also accept accountability for their financial results, especially when attached to speculative undertakings such as memecoin.
Peerce highlighted the ongoing efforts under the Republican leadership to clarify the jurisdiction of SEC, saying that most of the crypto tokens are not securities and thus do not require SEC registration unless they clearly involve with securities. She remained neutral on companies holding digital assets on her balance sheet, providing proper disclosure. Despite the existing progress in policy -making at SEC, Peerus stated that the establishment of a federal crypto regulator for retail trade would require clear legislative action from the Congress.
Blockchain founder funds are beyond 200 investments
The Blockchain Founders Fund (BFF), a Singapore -based venture capital firm, focused on the early stage web 3 and blockchain startups, is ready to announce at the web summit in Vancouver on Friday that it has crossed 200 investments in more than 160 companies.
Established in 2018, the firm is known for supporting subsidiary projects such as Shardium, an atherium-compacted blockchain platform, which uses dynamic state sharding, and an infrastructure company, a basic structure company that is merging traditional entrepreneurs with blockchain and AI technologies.
Fund Announced in October It hit 150 points for investment.
Market movement:
- BTC: Bitcoin is trading at $ 105,713 as Asia starts its commercial day, ups and 108,927 in the last 24 hours, withdraws resistance to the upper range, and indicates the speed of potential recession.
- Eth: Ethereum is 6%above, before $ 2,650 stabilized at $ 2,784, removes comprehensive economic uncertainty as strong trading versions and institutional optimism.
- Sleep: Gold is 0.4%, trades at $ 3,311, as the US economy shrinks 0.2% on weak expenses, tariff effects.
- Nike 225: Japan’s Nikkei fell by 225 1.55% as the Asia-Pacific market fell on Friday amidst the concerns of inflation, inflation
- S&P 500: S&P 500 on Thursday stopped 0.4% at 5,912.17, promoted by NVIDIA, but investors were carefully stopped amidst the developments around Trump’s “mutual” tariff.
Somewhere else in Crypto:
- SEC files to dismiss the long -running case binance (coindesk)
- ‘Most-Name L1’: Arthur Hayes feels that atherium may double in price this year (decrypt)
- Token Equity will be ‘greater than Stabelines’: Supported CEO (Blockwork)
- $ 400 million inside coinbase breech: an Indian call center and teen hackers (Fortune)
- Russia says that financial institutions can offer crypto-linked instruments to qualified investors
