Author: Kryptonews

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.Bitcoin is trading around $106,402.39 as Asia begins its trading day, up roughly 0.9%, recovering slightly from a weekend decline attributed to significant outflows from spot Bitcoin ETFs and increased geopolitical uncertainty. The largest digital asset by market cap had previously dropped 2% from $105,987 to $103,748 amid notable trading volume spikes, influenced by $616 million in ETF…

Key NotesStrategy recently acquired 705 Bitcoin at $75 million, with each coin bought for $106,495.As of June 1, 2025, Strategy is HODLing 580,955 BTC, worth over $60 billion.The recent purchase has placed Strategy on a 16.9% BTC Yield. Strategy, formerly MicroStrategy, has announced its recent acquisition of 705 Bitcoin BTC $106 340 24h volatility: 0.8% Market cap: $2.11 T Vol. 24h: $27.00 B . The Bitcoin buy, between May 26 and 30, was valued at approximately $75 million before the coin slumped. Notably, Bitcoin was trading at $104,021.98, down 1.04% 24-hour in the past 24 hours. Strategy BTC Yield Increases…

On June 2, Strategy announced that it plans to offer an IPO of “10% Series A Perpetual Stride Preferred Stock” at $100 per share under the ticker STRD. It intends to use the net proceeds from the offering for “general corporate purposes, including the acquisition of Bitcoin and for working capital,” it stated. The firm is enabling preferred stock options to “institutional investors and select non-institutional investors,” said Saylor. Strategy today announced the launch of $STRD (“Stride”), a new perpetual preferred stock offering, available to institutional investors and select non-institutional investors. For more information, click here. $MSTR https://t.co/D2Wy9M2bqa — Michael…

As previously announced, the Ropsten network has been deprecated and will be shut down in the coming weeks. Over the past few months, infrastructure providers have gradually stopped supporting the network and validator participation rates have been steadily declining. The vast majority of remaining validator nodes will be shut down during the December 15-31, 2022 period. After this, Ropsten will no longer be supported by client, testing or infrastructure teams. As a reminder, the next testnet to be sunset is Rinkeby. The network will be live until mid-2023 to give users and application developers the chance to migrate to either…

The advent of Bitcoin and other cryptocurrencies has sparked a global discussion about the future of finance. While price volatility often dominates the headlines, the underlying technology offers compelling advantages for merchants and individuals alike, particularly when it comes to lower fees and faster transaction speeds compared to traditional payment methods.## Cutting Out the Middleman: How Bitcoin Reduces FeesTraditional payment systems, like credit cards and banks, involve numerous intermediaries that each take a cut of the transaction fee. These intermediaries include payment processors, issuing banks, and acquiring banks, resulting in fees ranging from 1.5% to 3.5% (or even higher) for…

Introduction to ERC-721 Composability The rise of Non-Fungible Tokens (NFTs) has revolutionized digital ownership, but their true potential lies in their ability to interact with each other. ERC-721, the standard for NFTs on Ethereum, enables unique digital assets to be created, stored, and transferred. However, as the Web3 ecosystem evolves, the need for seamless interoperability between different NFTs becomes increasingly important. This is where composability—the ability of different NFT contracts to build upon and interoperate with each other—comes into play. By allowing NFTs to interact and combine in novel ways, composability unlocks new functionalities, business models, and user experiences. Whether…

$EDGEN tokens on the line, users who have previously interacted with LayerEdge now have the opportunity to verify their eligibility and prepare for the official claim date.About LayerEdgeLayerEdge is a decentralized Web3 infrastructure project aiming to optimize cross-chain data processing and enhance user interactions with blockchain networks. It focuses on modular scalability, seamless integration, and incentivized user participation via point-based contribution systems. With its increasing traction across social and DeFi channels, LayerEdge is positioning itself as a key player in the next generation of interoperable blockchain services.How to Check Your Airdrop EligibilityUsers can now verify their airdrop allocation using OKX Web3’s…

Share this article Geneva, Switzerland, June 2, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May 27-29 in Las Vegas.TRON DAO kicked off the week as a top tier sponsor for Code + Country’s America 250 VIP Reception on May 27 at AYU Dayclub. This exclusive VIP experience hosted key political figures and leading voices in Bitcoin, AI, energy and technology, creating unparalleled opportunities for high-impact networking. Over 800 guests were in attendance, positioning TRON at the center of…

Introduction to ERC20 and Its Economic Influence The ERC20 token standard, introduced in 2015 by Ethereum developer Fabian Vogelsteller, transformed the cryptocurrency landscape with its simplicity and interoperability. By establishing a fixed set of rules for creating and managing tokens on the Ethereum blockchain, ERC20 tokens unlocked a new era of fundraising, decentralized finance (DeFi), and crypto-economic design. Their economic impact spans from the Initial Coin Offering (ICO) boom to the modern DeFi ecosystem, reshaping how value is transferred, contracts are enforced, and financial services are delivered. The ICO Revolution: Early Economic Implications Raising Capital Democratically ERC20 tokens fueled the…

Solaxy (SOLX) is making major waves in the market as its presale nears its end. Until now, the SOLX presale has raised an impressive $43 million. Since it will end in two weeks, investors are rushing to get as many SOLX tokens as they can, especially since the current price is only $0.001742. Its affordability contributes to its ranking as the new market entrant. It is built on Solana Layer 2, and its goal is to supplement Solana and elevate its performance to a whole new level. Its popularity shows no signs of slowing down anytime soon. We’ll shed some light…