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Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch

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 …

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NY Bankruptcy Judge Gives Celsius the Green Light to Pursue $4.3B Lawsuit Against Tether

A New York bankruptcy court has given Celsius the go-ahead to pursue the bulk of its $4 billion lawsuit against stablecoin issuer Tether, according to a recent court filing. The bankrupt crypto lender filed suit against Tether last year, alleging …

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Spot Ethereum ETFs Could See Explosive Growth in H2 2025, Says Bitwise CIO

The Ether ETH$2,601.06 price surged to $2,601 on July 2, capping a breakout that began after 16 hours of tight consolidation, according to CoinDesk Research’s technical analysis model. The move coincided with growing institutional focus on Ethereum …

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The Protocol: Ethereum’s Vitalik Buterin Says the Ecosystem Is At Risk If Decentralization Is Just a Catchphrase

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Vitalik Buterin: Ethereum at Risk If Decentralization Is …

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Polkadot’s DOT Rises 6% as Bullish Momentum Breaks Key Resistance

Polkadot’s DOT surged 6% higher amid a rally in crypto markets, with strong volume supporting a decisive breakout through resistance at the $3.34 and $3.44 levels, according to CoinDesk Research’s technical analysis model. The model showed the price …

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NEAR Protocol Surges 8% as Bitwise Launches New Staking ETP

AI-focused NEAR token rose by 7.6% on Wednesday following an announcement from fund manager Bitwise on a NEAR staking exchange-traded product (ETP). NEAR climbed from $2.09 to $2.13 between July 1-2, with a decisive breakout reaching $2.18 on high …

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Defi Dev Hikes Convertible Note Offering to $112M for Buyback, More SOL Purchase

Defi Development Corp (DFDV), a Nasdaq-listed firm with a crypto treasury strategy focused on Solana SOL$151.36, said on Wednesday it is issuing $112.5 million in convertible notes to raise capital for a stock buyback program and more SOL purchases …

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ATOM Rebounds from Key Support, Poised for Further Gains

Cryptocurrency markets remain in a lull on Wednesday as the majority of assets continue to trade within a tight range. Cosmos’ ATOM token is no exception, it is currently trading around $4.00 and looks poised to make a continued move to the upside …

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Bitcoin DeFi Project BOB Launches BitVM Bridge Testnet

Layer-2 network BOB has launched its testnet ahead of the mainnet going live in Q4 of this year. Describing itself as a hybrid layer-2, BOB’s aim is to combine Bitcoin’s security and reserves with Ethereum’s programmability using the BitVM computing …

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Dogecoin Rebounds After Forming ‘Double Bottom’

Dogecoin DOGE$0.1612, the world’s largest göğüs cryptocurrency by market value, has regained some poise, having formed a bullish double bottom pattern during the overnight trade. DOGE has gained over 2% to over 16 cents since early Asian hours …

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