China Renaissance’s BNB Treasury Highlights a Shift in Asia’s Crypto Playbook

China Renaissance’s BNB Treasury Highlights a Shift in Asia’s Crypto Playbook

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. China Renaissance’s reported plan to raise $600 million for a BNB-focused…

Stablecoin supply hits record high of $301.5 billion

Stablecoin supply hits record high of $301.5 billion

The global stablecoin market has reached a new milestone in terms of supply, with the figure climbing to $301.5 billion, according to recent data. Binance has become a significant catalyst of the liquidity boom, amid the decrease of its ERC-20 supply of stablecoins from 42 billion to 32 billion in August. This is the largest…

Weekend’s Crypto Liquidations Were Worse Than $19B

Weekend’s Crypto Liquidations Were Worse Than $19B

The CEO of Hyperliquid, Jeff Yan, thinks some CEXs have underreported the liquidations on their platforms during the recent crypto market crash. Citing Binance as an example, he claimed the $19.2 billion in liquidations during that time may be worse than they appear. He suggested there may be over a hundred underreported orders in Binance…

Collaboration across Bybit, DigiFT and UBS uMINT expands Collateral Solution for Institutions

Collaboration across Bybit, DigiFT and UBS uMINT expands Collateral Solution for Institutions

Advertisment DUBAI, UAE, Oct. 13, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced a strategic collaboration with DigiFT to support UBS’s USD Money Market Investment Fund Token (UBS uMINT), a token corresponding to the first tokenized investment fund launched by UBS Asset Management. Through this collaboration, Bybit will enable the shares of…

California Governor Signs Laws Establishing Safeguards over AI Chatbots

California Governor Signs Laws Establishing Safeguards over AI Chatbots

California Governor Gavin Newsom announced that the US state would establish regulatory safeguards for social media platforms and AI companion chatbots in an effort to protect children. In a Monday notice, the governor’s office said Newsom had signed several bills into law that will require platforms to add age verification features, protocols to address suicide…

Bitcoin (BTC) Miners BITF, CIFR, IREN, MARA Lead Crypto Stock Rebound on OpenAI Deal

Bitcoin (BTC) Miners BITF, CIFR, IREN, MARA Lead Crypto Stock Rebound on OpenAI Deal

Crypto mining stocks tied to the red-hot artificial intelligence (AI) data center trade were the fastest horses on Monday to recover from Friday’s market rout. Bitfarms (BITF) and Cipher Mining (CIFR) surged 26% and 20% respectively on Monday, while Bitdeer (BTDR), IREN (IREN) and MARA Holdings (MARA) advanced around 10%. The rally reflects optimism that…

Ethereum Price Prediction 2025: Can ETH Rebound After $600M Liquidations, And Which Crypto Has 100× Potential?

Ethereum Price Prediction 2025: Can ETH Rebound After $600M Liquidations, And Which Crypto Has 100× Potential?

Ethereum has faced one of its toughest weeks of 2025, with a staggering $600 million liquidation wave wiping out leveraged traders and pushing ETH into an intense correction phase. The sharp decline sent shockwaves through the market, raising doubts about short-term price stability. But while Ethereum searches for direction, another token is capturing the spotlight…

Strategy Stacks 220 Bitcoin For $27.2M, Increasing Supply To 640,250 BTC

Strategy Stacks 220 Bitcoin For $27.2M, Increasing Supply To 640,250 BTC

Strategy adds 220 Bitcoin in its digital asset treasury for $27.2 million at an average purchase of $123,561 per BTC. The company now owns 640,250 BTC, at an investment of $47.38 billion. Last weekend was a rollercoaster of emotions as the crypto market experienced its single-largest liquidation that wiped out over $19 billion in leveraged…