ASIA|BTC|MARKET Updates
U.S. 30-Year Yield Tops 5% as Moody’s Cuts Credit Rating
The yield on the U.S. 30-year Treasury bond climbed above 5%—reaching 5.011% intraday—for the first time since April, signaling deepening concerns over America’s fiscal health. Moody’s recent downgrad...
El Salvador’s Bitcoin Bet Swells to $644M as Rally Boosts Sovereign Holdings
El Salvador now holds 6,181 BTC worth $644M, up $137M in a month, ranking just behind the U.S., China, U.K., Ukraine, and Bhutan.
Analytics Company CEO Warns: “This Altcoin Will Decline in Value Against Bitcoin”
Joao Wedson, CEO of cryptocurrency analysis company MakroVision, stated in his assessment of Solana (SOL) that he expects the decline in the SOL/BTC parity to continue. Wedson recalled that in his pre...
Meme Coins on the Rebound as Bitcoin (BTC) Consolidation Continues (Weekend Watch)
Bitcoin’s relatively dull price movements as of late continued in the past 24 hours, but the asset has managed to recover from yesterday’s dip and is back to $104,000. Many altcoins have marked more s...
Why is the crypto market crashing, and will the bull run resume?
The crypto market continued its downward trend on Saturday, May 17, with most altcoins erasing some of their recent gains. Bitcoin ( BTC ) price dropped from this week’s high of $105,000 to $103,000. ...
Paraguay Foils Crypto Mining Theft Near Itaipu Dam, 3 Deported, 1 Arrested
Paraguayan authorities have disrupted an attempted theft at a crypto mining facility near the Itaipu hydroelectric dam, resulting in one arrest and the deportation of three foreign nationals. On May 1...
Nasdaq-Listed Healthcare Company Aims to Acquire $1 Billion in Bitcoin
Singapore-based Basel Medical Group said it is in “negotiations” to put $1 billion in Bitcoin on its balance sheet as it pursues an “Asia growth strategy.”
Hong Kong-Based Top Win International Rebrands as AsiaStrategy, Partners with Sora Ventures, Ticker TOPW, Plans Bitcoin Treasury
Top Win International Limited, a Nasdaq-listed watch company based in Hong Kong, announced a strategic expansion into the digital asset sector through a partnership with Sora Ventures. As part of this...
Here’s what Polymarket thinks about the next cryptocurrency cycle
Traders have started placing bets on Polymarket regarding the next crypto market cycle, ranging from Bitcoin’s next all-time high to possible airdrops occurring in the second quarter of 2025. As of Ma...
Bahrain’s Al Abraaj Group Adopts Bitcoin for Corporate Treasury with 10X Capital
Al Abraaj Restaurants Group adds Bitcoin to its treasury reserves. The restaurant became the first publicly listed company in Bahrain to hold Bitcoin. The Group partners with 10X Capital to build its ...
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