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'

Ethereum (ETH) faced renewed downside pressure in late trading, tumbling below the $2,500 level as selling volume surged and broader risk sentiment weakened. Global trade tensions and renewed U.S. ta… [+1261 chars]

A sudden spike in volume triggered a plunge below $2,500, fueling speculation that major players are quietly offloading ETH.

ETH Price Dips Below $2,500 on Whale Exit Fears, Then Bounces Back Above Key Level

CoinDesk is anaward-winningmedia outlet that covers the cryptocurrency industry. Its journalists abide by a strict set ofeditorial policies.CoinDesk has adopted a set of principles aimed at ensuring … [+341 chars]

Neither the number of transactions nor active addresses has increased significantly following recent network upgrades, the report said.

Ethereum Upgrades Have Failed to Boost Network Activity in Meaningful Way: JPMorgan

Ethereum price plummeted from 2724.737 to 2569.766, then recovered to 2621.656.
Increased market volatility underscored by significant trading volume and bearish activity.
A potential for further r… [+979 chars]

ETH rebounds after a steep decline from $2,724, with strong volume and renewed optimism hinting at further upside

Ethereum Recovers Above $2,600 After Sharp Drop Triggers Heavy Trading

The U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) imposed sanctions on Funnull Technology, a provider of technology for websites allegedly involved in so-called pig butcheri… [+964 chars]

The wallets received payments directly from Huione Pay, a subsidiary of Huione Group.

U.S. Sanctions Funnull for Role in Pig Butchering Scam, Huione-Linked Crypto Wallets

Ether.fi, the restaking protocol turned neobank with $6.8 billion in user deposits, has announced the roll out of Ether.Fi Hotels, a feature that lets users book luxury hotels around the world using … [+885 chars]

Ether.fi's Cash product manages $25 million worth of user deposits just one month after going live.

Ether.fi Rolls Out Crypto Hotel Booking Service As It Takes Another Step Towards Neobank Status

Ethereum co-founder Anthony Di Iorio joins Consensus 2025 to explore the ongoing tension between decentralized and centralized technologies in both crypto and AI. And, he shares his perspective on Et… [+252 chars]

Ethereum co-founder Anthony Di Iorio joins Consensus 2025 to explore the ongoing tension between decentralized and centralized technologies in both crypto...

Ethereum May Eventually Overtake Bitcoin in Market Cap: Anthony Di Iorio

Crypto investment firm Pantera Capital revealed a series of concentrated bets on a growing class of publicly-traded companies holding large digital asset reserves on Thursday.
Among Panteras portfol… [+1849 chars]

According to an investor note, Pantera is backing several Nasdaq-listed firms holding BTC, SOL and ETH.