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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 ETFs snapped a two-week streak of redemptions by the end of day Tuesday U.S. time, with early data showing a posting $299.8 million in net inflows as investors rotated back into crypto-linked products.Data from SoSoValue shows Fidelity’s FBTC brought in $165.9 million, while Ark 21Shares (ARKB) added $102.5 million, and Grayscale’s BTC saw $24.1 million with others…

In crypto, MEV typically refers to bots and searchers on chains like Ethereum reordering, inserting, or censoring transactions around DEX trades and liquidations to extract value from users in the form of worse prices, failed transactions, and higher costs.However, did you know that Bitcoin also has MEV-like dynamics at the mempool and policy layer? It’s akin to its own quiet version of MEV, without DeFi-style bots front-running swaps. Instead, miners and pools use fee signals, mempool policies, and block templates to determine which transactions clear first.Bitcoin Core v28 turned full replace-by-fee mempool policy on by default (mempoolfullrbf=1) and added limited…

Revenue Procedure 2025-31 lets ETPs distribute staking rewards directly to investors without triggering extra taxes. The U.S. Treasury and the IRS have announced a new safe harbor that allows crypto exchange-traded funds (ETFs) to stake digital assets without paying extra tax. The guidance resolves a regulatory challenge that previously prevented asset managers from participating in staking networks due to concerns about potentially violating tax laws. Safe Harbor Guidance Under Revenue Procedure 2025-31, ETFs and trusts are now allowed to stake digital assets and share the rewards directly with investors. Treasury Secretary Scott Bessent stated on November 10 that the move…

US bank SoFi Technologies has launched crypto trading services to its customers, as clearer rules have allowed the crypto market to court greater interest from traditional finance.SoFi said on Tuesday that its crypto service will aim to offer dozens of cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), and started in a phased rollout on Monday, with more customers able to gain access in the coming weeks. SoFi CEO Anthony Noto told CNBC’s Squawk Box on Tuesday that his bank is the first and only nationally chartered bank to launch crypto trading to consumers and was spurred to do so after the…

The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund.Bloomberg senior ETF analyst Eric Balchunas said on Tuesday that Canary had filed a Form 8A with the Securities and Exchange Commission on Monday night, which must be lodged before securities are offered on an exchange.Balchunas said the filing “points to launch tomorrow or Thursday” as Form 8A filings for Hedera (HBAR) ETFs saw those funds launch the next day.“Not [a] done deal but all boxes being checked,” Balchunas added. “Stay…

Ripple is taking an aggressive step toward reshaping traditional finance, spending nearly $4 billion in 2025 to acquire major financial infrastructure firms. The company’s latest wave of acquisitions, coupled with the launch of Ripple Prime for U.S. institutions, signals a bold strategy to merge blockchain technology with the systems that underpin global banking. At the Swell 2025 conference in New York, Ripple CEO Brad Garlinghouse outlined a vision where crypto no longer competes with banks but instead operates at the core of their financial networks. His message was clear — Ripple’s future lies in bridging digital assets and traditional finance.…

Singapore, Singapore, November 11th, 2025, ChainwireBSX Labs, backed by Blockchain Capital and Coinbase Ventures, brings expertise from supporting over $15B in orderbook trading volume. The team will help RISE develop EVM-based synchronously composable orderbook primitives that will bridge traditional financial markets.RISE today announced its acquisition of BSX Labs, the team behind the BSX perpetuals exchange on the Base network.The BSX team’s experience in designing and operating a hybrid orderbook trading system positions RISE to accelerate innovation in fully onchain orderbook products, a core use case of RISE’s high-speed Ethereum Layer 2 blockchain. This collaboration will deliver Integrated Orderbook Primitives that…

New York, United States, November 11th, 2025, ChainwireThreshold Network has rolled out protocol upgrades and a refreshed website to reinforce tBTC’s position in Bitcoin onchain markets. This enhances tBTC’s role as the trusted tokenized Bitcoin, bridging Bitcoin’s onchain capital concentration to decentralized financial markets.Recent analysis shows that 1M addresses hold over $100k; 157,000 hold over $1 million, and 19,142 addresses hold more than $10 million in Bitcoin. Together, these addresses represent an estimated $500 billion in value, a figure that has accelerated since U.S. spot ETF approvals in 2024. Although individuals control about 65.9% of the total Bitcoin supply, the…

Vaduz, Liechtenstein, November 11th, 2025, ChainwireFirst location is in Cyprus, utilizes xMoney stack to facilitate faster payments, many more locations on the horizon.In a new collaboration aimed at appealing to pizza enthusiasts worldwide, xMoney, the pioneering payments company, is broadening its platform reach by welcoming a new partnership with pizza giant Domino’s in a move set to speed up check-out times and make the payments process more seamless.The partnership will kick off with Domino’s Cyprus and will focus on services that enable Domino’s franchises to accept fiat payments with credits and digital wallets – Apple Pay and Google Pay –…

Victoria, Seychelles, November 11, 2025 – MEXC, a leading global cryptocurrency exchange, announced the listing of Allora (ALLO) in its Innovation Zone. Trading for the ALLO/USDT pair begins November 11, 2025, at 13:00 (UTC), followed by the ALLO/USDC pair at 13:20 (UTC). To celebrate the listing, MEXC is offering limited-time zero trading fees and hosting an Airdrop+ event with $60,000 in ALLO and 25,000 USDT in rewards.Allora is a self-improving decentralized AI network that enables applications to leverage smarter and more secure AI through a network of machine learning models. ALLO serves as the native token of the Allora Network,…