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Key takeawaysGemini is a research assistant for summarizing data and analyzing text, not a financial adviser for predicting prices.The quality of your research output depends entirely on the specificity and structure of your prompts.A repeatable workflow involves deconstructing a project’s fundamentals, analyzing its economics and mapping its competitive landscape.Always verify AI-generated information with primary sources like official websites, white papers and blockchain explorers.Proper setup and operational security are crucial, especially when using API keys to connect to external data.The cryptocurrency market can feel overwhelming. White papers, complex tokenomics and endless social chatter create a flood of information. The challenge for…

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.China Renaissance’s reported plan to raise $600 million for a BNB-focused investment vehicle, with Binance founder Changpeng Zhao’s YZi Labs investing alongside, may look like a straightforward bet on Binance’s ecosystem. But Singapore-based market maker Enflux argues it’s something deeper: a signal that Asian institutions are building a different kind of crypto exposure than their Western counterparts.“Regional capital…

A sudden tariff announcement from U.S. President Donald Trump sent shockwaves through global markets on October 10, triggering one of the largest single-day selloffs in crypto history. The pledge to impose 100% tariffs on Chinese imports sparked panic selling, forcing more than $19 billion in leveraged crypto positions to unwind in just 24 hours.Data from Coinglass shows that over 1.6 million traders were liquidated, with nearly 87% of positions being long. The event marked a rare moment where macro policy news spilled directly into digital asset markets, erasing billions in open interest within hours and pushing Bitcoin below $105,000 before a…

The Trump administration is reportedly “leaning toward a pardon” for Binance co-founder Changpeng “CZ” Zhao, who pleaded guilty to money laundering charges in 2024 and spent four months in prison. According to New York Post columnist and Fox correspondent Charles Gasparino, sources close to Zhao said that Trump insiders believe the case against CZ was “pretty weak, and certainly not something that merited a felony charge and jail time.”“Trump… is leaning toward a pardon (consider the source), which could set the stage for CZ’s return to the crypto exchange since he remains Binance’s largest shareholder,” he said, citing people close…

Tether CEO Paolo Ardoino said in a post on X on Sunday that “Bitcoin and Gold will outlast any other currency,” a minimalist line that aligns with how the stablecoin issuer has positioned parts of its reserves over the past two years.On May 17, 2023, Tether said it would regularly allocate up to 15% of net realized operating profits to purchase bitcoin for reserves, adding BTC to surplus rather than using it to back circulating USDT one-for-one. The company framed the move as strengthening its balance sheet with a long-term store of value. BTC and gold as parallel pillarsGold sits…

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xrp-price-prediction XRP (XRP/USD) is stuck near $2.38 and has dropped 3% in the last 24 hours as uncertainty grows. While Bitcoin and Ethereum have held above key levels, XRP is still shaky due to whale selling, ETF delays and overall risk aversion.The current market cap stands at $142.7 billion, ranking XRP fifth among major cryptocurrencies. The coin’s recent price weakness comes amid growing concern that Bitcoin’s consolidation below $112,000 could prolong XRP’s correction phase before any meaningful recovery begins.Whales Exit, ETF Delays Weigh on SentimentOver the past month, XRP’s largest holders offloaded more than 400 million tokens, roughly $1.25 billion…

Key takeaways:Friday’s Bitcoin price crash shows volatility persists in the spot BTC ETF era, with leverage and liquidity stress amplifying losses.Liquidations hit $5 billion as portfolio margin systems failed, highlighting risks of illiquid collateral assets.Bitcoin derivatives suggest market makers remain cautious amid low liquidity, insolvency rumors, and Monday’s US national holiday, leading to a partial market closure.Bitcoin (BTC) plunged by $16,700 on Friday, marking a 13.7% correction in less than eight hours. The sharp drop to $105,000 wiped out 13% of total futures open interest in BTC terms. Despite the steep losses and cascading liquidations, these figures are far from…

Auto-deleveraging is the emergency brake in crypto perpetuals that cuts part of winning positions when bankrupt liquidations overwhelm market depth and a venue’s remaining buffers, as Ambient Finance Founder Doug Colkitt explains in a new X thread.Perpetual futures — “perps” in trading shorthand — are cash-settled contracts with no expiry that mirror spot via funding payments, not delivery. Profits and losses net against a shared margin pool rather than shipped coins, which is why, in stress, venues may need to reallocate exposure quickly to keep books balanced.Colkitt frames ADL as the last step in a risk waterfall. In normal conditions,…

It took eight years until Bitcoin hit $20,000 for the first time. But on October 10, the world’s biggest cryptocurrency dropped by $20,000 in a single day.Friday’s crypto crash was nothing short of extraordinary. There’s little doubt that the pullback was partially triggered by Donald Trump imposing a new 100% tariff on Chinese goods — “over and above” any levy the country’s already paying.Once again, the threat of an escalating trade war spooked markets, with the S&P 500 tumbling 2.7%. However, the impact across the crypto landscape was far more drastic, as the announcement coincided with low liquidity on Friday…