Fed Front-Runner Hassett Stresses Independence Amid Trump’s Rate Cut Push

Kevin Hassett, a top contender for President Donald Trump’s Fed chair pick, stated that Trump’s voice would carry no weight in the central bank’s interest rate decisions under his chairmanship. “[He] has very strong and well-founded views about what we ought to do,” Hassett, Trump’s top economic adviser at the White House, said Sunday on … Read more

Bitcoin Drifts Near $89K as Traders Step Back and Balance Sheets Step In

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 traded near $89,000 as Hong Kong started another work week after … Read more

Aave DAO Community Clashes With Aave Labs Over CoW Swap Fees

A dispute between the Aave decentralized autonomous organization (DAO), which governs the Aave decentralized finance (DeFi) protocol, and Aave Labs, the main development company for Aave products, over fees from the recently announced integration with decentralized exchange aggregator CoW Swap, continues to flare up. The issue was raised by pseudonymous Aave DAO member EzR3aL, who … Read more

YO Labs Raises $10M to Scale Cross-Chain Crypto Yield Optimization Protocol

YO Labs, the development team behind YO Protocol, has raised $10 million in a Series A round to expand its crypto yield optimization platform. Venture capital firm Foundation Capital led the round, joined by Coinbase Ventures, Scribble Ventures, and Launchpad Capital. The San Francisco-based company plans to use the funding to bring its yield optimization … Read more

Why Gulf Wealth Funds Are Driving Bitcoin’s Next Liquidity Cycle

Key takeaways In 2025, oil-linked capital from the Gulf, including sovereign wealth funds, family offices and private banking networks, has emerged as a significant influence on Bitcoin’s liquidity dynamics. These investors are entering Bitcoin primarily through regulated channels, including spot ETFs. Abu Dhabi has become a focal point for this shift, supported by large pools … Read more

Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts

Barclays expects a more tepid year for crypto in 2026, with trading volumes trending down and investor enthusiasm waning. In a wide-ranging year-end report published Friday, the bank flagged a difficult backdrop for digital asset exchanges like Coinbase (COIN), citing unclear catalysts for renewed activity and a slow start to token adoption efforts. Retail-facing exchanges, … Read more

Bitcoin Bear Flag in Focus With Price to Decide on Fate of $90,000

Bitcoin (BTC) eroded $90,000 support into Sunday’s weekly close as predictions saw BTC price volatility next. Key points: Bitcoin is seen breaking its sideways trading range as volatility hits “extreme” lows. Traders wait for a breakout as the weekly close approaches. Bear market fears spark another $50,000 BTC price bottom target. Bitcoin breakout move “around … Read more