List of Flash News about crypto market Asia
Time | Details |
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2025-06-23 15:29 |
Asia Crypto Morning Briefing: BTC, ETH Plunge on Israel-Iran Tensions; Singapore MAS Tightens Offshore Exchange Rules After 3AC, Terraform Collapse
According to CoinDesk, the Asia crypto market opened with major digital assets like BTC and ETH posting steep declines following Israeli airstrikes on Iranian nuclear facilities, sparking a broad risk-off sentiment. BTC dropped 4.7% to around $101,577 and ETH fell sharply to $2,280, despite ETH's 40% three-month outperformance and continued institutional inflows, including $240M into spot ETFs on June 11 (source: CoinMarketCap, CoinDesk). Market observers highlight ETH’s growing role as a liquidity anchor and altcoin rally indicator, as capital shifts from BTC to DeFi, modular infrastructure, and decentralized AI (source: Hex Trust via CoinDesk). Separately, Singapore’s MAS confirmed a regulatory clampdown on offshore digital token service providers, requiring licensing for foreign-focused exchanges from June 30, following reputational damage from the 3AC and Terraform Labs failures (source: MAS, CoinDesk). This move reduces regulatory arbitrage and is expected to increase compliance costs and exit of non-compliant platforms like Bitget and Bybit, with potential spillover effects on regional crypto liquidity and trading volumes. |
2025-06-04 16:01 |
Base Expands Access for Singaporean Crypto Traders: Key Market Implications
According to jesse.base.eth on Twitter, Base is now available for Singaporeans, signaling increased accessibility for one of Asia’s top crypto markets (source: twitter.com/jessepollak/status/1930293947282096194). This move positions Base to benefit from Singapore’s robust regulatory framework and high trading volumes, potentially boosting liquidity and user engagement on the platform. Traders should monitor for increased transaction activity and potential shifts in Base token prices as more Singaporean users enter the market. |
2025-05-12 07:04 |
Bitcoin Surges as China Slashes Crypto Tariffs from 125% to 10%: Market Impact and New All-Time Highs
According to Crypto Rover, Bitcoin is experiencing a strong price surge following China's decision to reduce cryptocurrency import tariffs from 125% to 10% (source: Crypto Rover on Twitter, May 12, 2025). This significant policy shift is driving increased trading volumes and renewed bullish sentiment, with traders positioning for potential new all-time highs. The dramatic reduction in tariffs is expected to boost institutional and retail demand in Asia, solidifying Bitcoin’s momentum in global markets. Traders are advised to monitor order book depth and volatility as liquidity inflows from China may drive sharp price movements. |