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Key Takeaways Gemini’s Head of APAC Saad Ahmed told CCN that regulatory inconsistency across Southeast Asia is making it difficult for crypto firms. Despite Asia’s innovation and momentum, Gemini’s Ahmed believes America will remain a key influence in shaping global crypto standards. Ahmed identified stablecoins and RWAs as the two dominant narratives driving the next phase of crypto growth. Southeast Asia has become one of the world’s most dynamic regions for crypto innovation, teeming with builders and users driving the next wave of Web3 adoption. Yet this momentum comes with a caveat: regulatory inconsistency across markets makes it increasingly challenging…

DOT$3.9163 encountered substantial volatility throughout the last twenty-four-hour period, with the cryptocurrency retreating 4%, according to CoinDesk Research’s technical analysis model.The model showed that the most noteworthy movement materialised when DOT plummeted to its lowest juncture of $4.07 on elevated volume of 3.16 million, considerably above the twenty-four-hour average of 2.31 million, establishing robust volume support at this level. Following this capitulation event, DOT demonstrated resilience by recovering to the $4.15-$4.18 range, suggesting institutional buying interest emerged at lower levels and potential stabilisation around current support zones, according to the model.On the news front, Polkadot is consolidating its core system…

Cryptocurrency exchange Coinbase said New York residents are now able to stake their assets following approval from state regulators.In a Wednesday blog post, Coinbase said its users could begin earning rewards from staking in Ether (ETH), Solana (SOL), and other assets. The company credited New York Governor Kathy Hochul for “embracing progress and providing clarity” leading to the approval, with plans to continue expanding staking services across the US.“This is a big win for New Yorkers, and a step toward ensuring every American has equal access to the future of finance,” said Coinbase. “But our work is not done. We…

The total market capitalization plunged below $4.3 trillion. The cryptocurrency market, which had been booming since the start of October, took a step back over the past 24 hours. Bitcoin (BTC) briefly tumbled under $121,000, whereas Ethereum (ETH) and other popular altcoins registered even more substantial losses. BTC Heads South The start of the business week offered additional gains to the primary cryptocurrency, whose price tapped a new all-time high of over $126,000 on October 6. The bulls, however, could not maintain the momentum, and the valuation has been on a downtrend since then. A few hours ago, BTC…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 4230.81, up 0.4% (+15.88) since 4 p.m. ET on Tuesday. Five of 20 assets are trading higher.Leaders: BTC (+1.0%) and AAVE (+1.0%).Laggards: APT (-3.0%) and ADA (-0.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

The deal brings liquid staking products and compliance infrastructure to Plume’s real-world asset blockchain.Plume – a blockchain network focused on real-world assets (RWA) with a total value locked (TVL) of $294 million – has signed an agreement to acquire Dinero, the developer of a liquid staking protocol on Ethereum.The deal adds institutional staking products for Ethereum (ETH), Solana (SOL), and Bitcoin (BTC) to Plume’s platform, according to a press release viewed by The Defiant. BTC recently hit a new all-time high above $125,000 and is currently trading at $122,000, down 2% on the day. Dinero’s main product, ipxETH, is an…

The United Kingdom is weighing measures that could compel Apple to provide access to some iCloud data, raising a precise question for crypto users who keep wallets on iPhones and Macs.If device backups and common file stores lose end-to-end protections in the UK, seed phrases and private key material can more easily move from a user’s device into locations where lawful process, or a Technical Capability Notice, can reach them.UK authorities issued a renewed Technical Capability Notice to Apple focused on iCloud access for UK accounts. Apple has not commented on that order.The Home Office has not commented on individual…

Key Takeaways An FCA rule change will let retail investors in the U.K. access crypto exchange-traded notes (ETNs). A recent survey suggests 50% of U.K. investors aged 18–24 are interested in crypto ETNs. Reasons for their interest include being able to gain crypto exposure via tax-efficient ISAs and pension accounts. From Oct. 8, asset managers will be able to offer exchange-traded notes (ETNs) with crypto exposure to retail investors in the U.K., lifting a ban that has been in place since 2021. According to research by IG shared with CCN on Monday, Oct. 6, 50% of U.K. investors aged 18–24…

Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 AssociationIt is no secret that Dubai has been aggressively challenging its Asian counterparts for the crown of becoming the world’s next crypto capital. Beneath the gleaming air-conditioned skyscrapers, where supermodels are everywhere at crypto events and pilot blockchain programs, a complex grand strategy is unfolding.Just as Beijing had its strategy to harness confiscated digital assets to assert global influence via its newfound geopolitical currency, complete with on-/off-ramp infrastructure fully set up in Hong Kong, Dubai is also seeking to deploy its own combined arms approach, leveraging sovereign (oil) wealth, Islamic…

Cubic Analytics founder Caleb Franzen says XRP is entering a decisive phase after months of compression, with the price structure implying a path toward the $6–$11 zone so long as the market defends what he calls the key risk line at $2.68. XRP Price Targets In a wide-ranging discussion on the Thinking Crypto podcast with host Tony Edward, Franzen stressed that his conclusions are grounded in “price, structure, and statistical signals” rather than narrative. “It’s the chart itself. It’s the structure itself,” he said. “So long as we stay above $2.68, we’re going much higher.” Franzen’s XRP view comes out…