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… [+5269 chars]

Bitcoin still looks bullish, but some metrics are pointing to an overheated market, says CryptoQuant

CoinDesk

Asia Morning Briefing: BTC Stalls at 105K as Analyst Says Market Looks 'Overheated'

Meet James Wynn, the pseudonymous trader on Hyperliquid who became famous for his $1 billion bitcoin short bet, could now be gaining a new kind of fame: as cryptos own Inverse Cramer.
For those unfa… [+1750 chars]

"The winning strategy lately? Do the opposite of James Wynn," said Lookonchain—Jim Cramer, anyone?

Chart of the Week: Crypto May Now Have Its Own 'Inverse Cramer' and Profits Are in the Millions

Siamak Masnavi is a researcher specializing in blockchain technology, cryptocurrency regulations, and macroeconomic trends shaping the crypto market. He holds a PhD in computer science from the Unive… [+325 chars]

BTC rebounds after plunging on U.S. tariff headlines, with strong volume support emerging near $103K and fresh institutional bids helping stabilize the market.

Bitcoin Rebounds Above $104,300 as Tariff Chaos Triggers Nearly $1B in Liquidations

The cryptocurrency market is navigating choppy waters amid escalating geopolitical tensions, with Bitcoin Cash (BCH) showing resilience despite broader market pressure. 
BCH recently demonstrated st… [+1278 chars]

BCH posts sharp V-shaped recovery after dipping to $391, as buyers return and momentum builds despite global macroeconomic pressures.

Bitcoin Cash Rebounds 6.4% as Bulls Defend Key Support Zone

James Wynn, the trader whose risky moves on Hyperliquid captivated crypto watchers this month, has been fully liquidated.
He ended a volatile month with just $23 left in his account, according to Hy… [+925 chars]

Wynn’s high-leverage crypto trades on Hyperliquid resulted in a net loss of over $17 million and captivated the community.

Crypto's Most Watched Whale Gets Fully Liquidated After Placing Billions in Risky Bets

Brazilian fintech Méliuz (CASH3), which serves over 30 million users in the country, is launching a public share offering to raise up to R$450 million ($78 million), with plans to allocate all procee… [+1287 chars]

The offering includes free subscription warrants and aims to position bitcoin as a primary strategic asset in Méliuz’s treasury.

Brazilian Fintech Firm Méliuz Plans $78M Equity Offering to Buy Bitcoin, Shares Plunge

New York Citys Comptroller has dismissed a plan by Mayor Eric Adams to back municipal bonds with bitcoin 
, calling it legally dubious and fiscally irresponsible.Comptroller Brad Lander, who co-mana… [+871 chars]

Brad Lander criticized Mayor Eric Adams' proposed "BitBond," saying it could jeopardize NYC’s credit reputation

NYC Comptroller Slams Mayor Eric Adams' Bitcoin Bond Plan as 'Fiscally Irresponsible'

JPMorgan CEO Jamie Dimon says the U.S. should prepare for war, not a bitcoin-driven future.
Speaking at the Reagan National Defense Forum in California on Friday, TheStreet reports, Dimon dismissed … [+762 chars]

The CEO argued that the country needs to focus on essential resources like ammunition and rare earths.