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$657M out of Tesla, $12B into crypto: What Korea’s big bet means for global markets
Korean investors dumped Tesla and embraced crypto with $12 billion in inflows. This is reshaping global capital flows and risk.
cointelegraph·5h ago
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Australian regulators to use bank ID software in age limitations on social media use
Australia’s biggest banks are unexpectedly being drawn into efforts to enforce a world-first ban on under-16s using social media, due to take effect in December this year. The key tool under trial is ConnectID, an identity system owned by the country’s major lenders. While originally created to confirm customer details securely through bank accounts, it is now being tested as a means of verifying age on digital platforms under pressure to comply with the new restrictions. Why should banks in Australia take up this initiative? The software is being paired with k-ID, a Singapore-based provider that uses facial analysis to estimate a user’s age. The Singapore provider already supplies Discord , a British company, its technology and it has now tightened access to adult content. Despite declining to name the companies on board their system, they said in Australia some social media companies were trialling the partnership. The financial sector in Australia might become central in the regulatory crackdown if the move goes through and this is being monitored by other countries around the world. Questions on why banking executives want to deal with the prospect of confirming the ability of teenagers to log on to social media as it is not within their usual operations have popped up. But ConnectID believes it is part of their extension services. “It is something we’ve been doing with major partners over the last couple of years across any ID. Age assurance and social media is an interesting inflection point for that.” Andrew Black, ConnectID’s managing director. ConnectID works by linking a website to a user’s bank account, and the system issues an anonymous signal confirming whether the person is above or below a set age threshold. Banks argue that the tool provides a reliable fall-back if facial estimation software delivers an incorrect result, since most teenagers hold bank accounts. No platforms have yet formally signed up to use ConnectID for the ban, though the company says it can operate as a stand-alone solution or in tandem with k-ID. Gaming also requires stricter moderation The two firms are also pitching their partnership to gaming companies and games are not covered by the upcoming social media ban, but new laws will require stricter moderation for under-age players. “Partnering with ConnectID means we can help Australian platforms offer safer environments for younger players through real-time age verification,” said Kieran Donovan, chief executive of k-ID. Earlier this year, ConnectID was one of dozens of providers tested in a government trial exploring “age assurance” technology. Its tie-up with k-ID, and the fact it is already being trialled by social media firms, have not been previously reported. According to the Australian government report released in August, it found that selfie-based age estimation software can generally enforce restrictions. However, accuracy faltered around the critical 16-year-old cut off. Ministers in their response, have said they expect social media platforms to adopt the more reliable progressively checks rather than depending on a single technology. Using facial recognition as an initial measure and banking data as a backstop, is one of the aim of the combination of k-ID and ConnectID. Other jurisdictions are closely watching the Australian crackdown, with lawmakers in the US and Europe also under immense pressure to curb minors’ exposure to harmful content . The Australian experiment will be seen as a case study. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
cryptopolitan·6h ago
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Bond sales by China brokerages reach record $29.4B in one month
China’s securities firms flooded the debt market last month, unloading 209.4 billion yuan ($29.4 billion) in August, the largest monthly bond sale since Bloomberg started tracking back in 2004. That was just the beginning. By mid-September, they pushed out another 129.9 billion yuan, nearly 170% more than what was issued during the same month last year. The surge is happening while retail traders are borrowing more to chase profits in a $1.5 trillion stock rally. Firms are locking in funds while rates are cheap, and demand for margin loans is climbing fast. Companies are using the bond proceeds to refinance maturing debt and fund capital-hungry businesses like margin lending. Brokerages react to retail demand and cheaper financing The spike in debt sales comes as more investors pour into stocks using borrowed money. Cao Haifeng, analyst at UBS Securities, said brokerages are “getting ready for potential business needs in the future so they have abundant liquidity for investors.” He expects China to ease derivatives trading rules, which will force firms to hold even more capital. Since early August, the margin purchase balance has jumped more than 20%, hitting 2.38 trillion yuan this week. That beats the 2015 peak, the last time China’s stock market saw a strong bull run. Meanwhile, the average coupon rate for these bonds in the third quarter dropped to 1.82%, the lowest on record. A Bloomberg index of listed brokerages rose over 11% in August, but has cooled off a bit this month. Still, most analysts say the environment remains favorable. Capital ratios at Chinese firms remain well above warning levels, and the sector’s leverage ratio is at 4x, much lower than the global average of 10x, giving them more space to borrow. AI stocks, yuan gains, and cooling US tensions boost sentiment This is all coming on the back of China’s tech sector in the stock market. The Hang Seng Tech Index climbed as much as 3.9% on Wednesday, reaching the highest level since November 2021. Baidu jumped 19%, leading the pack. Alibaba, JD.com, and SMIC also saw big gains. Investors are betting on returns from major tech names. Goldman Sachs raised its target on Alibaba, pointing to improvements in its cloud unit. Arete Research upgraded Baidu to a buy rating based on its chip division, and JPMorgan just upgraded Contemporary Amperex Technology over its battery business. Optimism is also returning in the internet space. Local media quoted JD.com’s chairman Richard Liu saying he isn’t looking to start a price war in the hotel sector. His comment sent JD.com’s shares up over 6%, and other names like Meituan and Trip.com followed. Meanwhile, the yuan just showed strength for the first time in months. The offshore yuan, which trades more freely, appreciated past the central bank’s daily reference rate, something that hasn’t happened since July. It even traded stronger than the onshore version for most of the month, flipping the trend from August and July. Traders are watching the 7.1-per-dollar level for signs of policy direction. A decision from the Federal Reserve, an upcoming call between Donald Trump and Xi Jinping, and a potential deal to keep TikTok running in the US are all on the radar. The People’s Bank of China could use the October National Day holiday as a chance to let the yuan strengthen more, according to Australia & New Zealand Banking Group’s Khoon Goh. “Now that we are getting convergence of the offshore yuan and the fixing, and with the dollar on the back foot, it seems a good time to resume the move stronger in the fixing,” said Khoon. He expects the yuan-dollar rate to drop to 7.05 by year-end, and even below 7 next year. The offshore yuan rose 0.3% this week, hitting 7.1004 per dollar on Wednesday, while the central bank fix stood at 7.1013. At one point, the gap between the offshore and onshore yuan was the widest since late August. The central bank has been using the daily fixing to guide the currency, which can only move 2% above or below that level. They’ve been nudging it higher lately, supported by strong exports, US-China trade talks, and rising local stocks. Some analysts say Beijing’s campaign against price wars might even help the country drag itself out of deflation. Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
cryptopolitan·8h ago
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Pudgy Pandas presale takes crypto world by storm, $900K raised in 48 hours
Asia is taking the lead in the meme coin world, shaping trends that the West struggles to keep up with. From Korea to Japan and China, viral tokens are popping up everywhere, powered by local pride, huge trading activity, and cultural connections, showing that the East is setting the stage for the next big wave in meme coin innovation. The crypto world’s newest sensation, Pudgy Pandas , has officially launched its presale on September 15, 2025, igniting fervor across Asia’s crypto communities and raising an impressive $900,000 within just two days. Backed by the innovative ZenFi platform, the presale marks the arrival of Asia’s answer to the beloved Pudgy Penguins, promising to dominate both regional and global meme coin ecosystems. With a culturally-rooted mission and a presale schedule lasting through October 18, investors across Korea, China, Japan, and Vietnam are racing to secure their share of what could be the East’s biggest meme coin breakout this year. Asia sets the stage Unlike previous waves dominated by dog-themed and penguin-themed tokens, Pudgy Pandas taps into deep regional pride and cultural significance. Pandas are cherished icons in much of Asia, including China, Korea, Japan, and Vietnam, where their rarity and symbolism evoke durability, strength, and authenticity. Only 1,864 pandas remain in the wild, dwarfed by over 40 million penguins. This scarcity narrative lies at the heart of Pudgy Pandas’ appeal. Asian whales, tired of oversaturated meme coins lacking soul, are embracing Pudgy Pandas as a token with real scarcity, purpose, and staying power. As the leading Asian markets spearhead this trend, social media platforms in the region are ablaze with viral posts, videos, and discussions. What are Pudgy Pandas? Pudgy Pandas is the next evolution of meme coins, combining cultural relevance with a bold mission. While rooted in viral meme vibes, Pudgy Pandas also pledges to fund panda conservation through the PANDA Conservation Foundation, which locks 10% of the token supply over the next decade. Additionally, the Panda Birth Initiative burns 1% of tokens with every panda cub born, intensifying token scarcity as real-world pandas multiply. The presale is designed with a staged price increase across 11 phases, starting at $0.021, spurring urgency and rewarding early adopters. By the end of the presale on October 18, Pudgy Pandas aims to enter major markets with a projected market cap of $500 million, backed by Asia’s vibrant regional exchanges like Binance, Upbit, and OKX. Western attention brewing While Asia races ahead, Pudgy Pandas is just beginning to catch Western eyes. The meme coin is gaining traction on Chinese platforms like Xiaohongshu and WeChat, but in the West, awareness is only starting to build. Western crypto fans have the chance to be early movers, joining the viral momentum as the coin prepares to storm global exchanges post-listing. The narrative for Western audiences is clear: this coin is going viral in Asia and poised to explode in Western markets soon. By joining now, Western traders can beat the crowd and capitalise on the momentum before the wider market catches up. Final call to action: Don’t miss the window The presale runs from September 15 until October 18, culminating in a zero-delay listing the very same day at 2pm KST / 5am UTC. The clock is ticking. This is the moment for investors to align with a culturally significant, mission-driven, and viral meme coin that’s more than just hype: it carries Asia’s pride and global ambition. Official Pudgy Pandas channels offer direct access to presale resources and updates. Join the presale, tap into Asia’s trend-setting energy, and secure your stake in the token that promises to redefine meme coin culture on a global scale. The post Pudgy Pandas presale takes crypto world by storm, $900K raised in 48 hours appeared first on Invezz
invezz·9h ago
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Apple sees 6% drop in China iPhone sales before iPhone 17 release
Apple’s iPhone business in China just took a punch to the gut. Sales dropped 6% year-over-year in the two months leading up to the global launch of the iPhone 17, according to data from Counterpoint Research. That dip hit harder than what the company usually sees before a new model drops. The pullback happened in July and August, weeks before Apple’s new lineup is set to go live this Friday, September 19. And it wasn’t just Apple. Chinese brands like Xiaomi, Vivo, and Honor also had slower numbers, which dragged the entire market down 2% in the same period, despite government-backed incentives meant to push more people to buy. China matters to Apple more than anywhere outside the U.S., and the latest numbers show it’s becoming a tougher place to win. CEO Tim Cook told investors during Apple’s latest earnings call that the company saw a short-term sales recovery in China during the June quarter, helped by subsidies. But even with that bounce, Apple still landed in sixth place over the summer, owning just 12% of the market. Chinese rivals were ahead: Xiaomi, Oppo, and Huawei each grabbed 16%, while Vivo led with 19%. Xiaomi fast-tracks its release after Apple’s announcement To stay competitive, Xiaomi pushed up its next flagship launch to this month. Lei Jun, the company’s co-founder and CEO, said he wants Xiaomi phones to be judged next to Apple’s top-tier devices. The iPhone 17 lineup is Apple’s biggest hardware shake-up in years, with four different models rolling out: the regular iPhone 17, the thinner Air, the higher-end Pro, and the super-sized Pro Max. Every single one of them runs on Apple’s updated in-house chips, has better cameras, and comes wrapped in tougher glass. Preorders started September 12. The company also tweaked its pricing. Most models kept last year’s pricing, but the iPhone 17 Pro now starts at $1,099, which is $100 higher than before. That version now ships with 256GB of storage, matching the price of last year’s 256GB iPhone 16 Pro. The global release date for all four models is September 19. On that same day, Bloomberg reporters got hands-on time with the new devices during Apple’s media event, which also showed off the newest AirPods Pro and updated Apple Watch models. Those first impressions focused on the hardware upgrades, especially the new body build and camera system, but didn’t mention much about software features. Apple’s AI suite missing in China but buyers don’t care yet One major gap still looms large. Apple hasn’t rolled out its Apple Intelligence features in China yet. But so far, that hasn’t seemed to affect how people are buying phones. Analysts from Counterpoint say Chinese consumers are still looking at basics like battery life, storage, and value for money. None of the major brands are seeing AI features drive sales. That means Apple’s lack of AI in China isn’t hurting … yet. Even so, the broader Chinese smartphone market is still weak. Counterpoint expects sales across the country to drop slightly for the full third quarter. There’s no major change happening this year, and no signs that a single product, iPhone or otherwise, is going to turn that around. Cook told investors that Apple’s customer base in Greater China hit a record in the last quarter. He said, “If you look at the other products, Mac, iPad, and Watch, the majority of customers that are buying in China mainland were new to the product.” So Apple’s still pulling in first-time buyers for its other devices, even if the iPhone is losing ground. The problem is, Chinese phone makers aren’t sitting still. They’re speeding up launches, matching specs, cutting prices, and competing more aggressively than ever. Apple is still chasing the lead in a market where value sells more than hype, and features matter more than branding. If you're reading this, you’re already ahead. Stay there with our newsletter .
cryptopolitan·9h ago
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Japan’s SBI Shinsei eyes tokenized crypto payments with new partnership
SBI Shinsei Bank, DeCurret and Partior will develop a blockchain-based settlement system for tokenized deposits in Japanese yen and other major currencies.
cointelegraph·9h ago
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Americans add $16B in consumer credit, total reaches $5.06T
U.S. consumer credit surged by $16 billion last month, pushing the total debt level to $5.06 trillion, which is the third-highest in history and the second-biggest monthly increase of 2025, according to Federal Reserve data released Tuesday. In July, the debt increased by $9.6 billion, and over the last five months alone, credit has surged by $103 billion. Revolving credit, which includes credit card balances, jumped by $10 billion, lifting the total to $1.31 trillion, its highest level since November 2024. Meanwhile, non-revolving credit like student loans and auto financing increased by $6 billion, pushing that total to an all-time high of $3.75 trillion. Every piece of the puzzle is getting heavier. Americans are missing minimum payments and juggling debt in Trump’s second term The stress from this rising debt is hitting people across income brackets. In the second quarter, credit card debt stood at $1.21 trillion, unchanged from last year’s record, but now 2.3% higher than Q1. A set of surveys by the National Foundation for Credit Counseling (NFCC) showed that debt problems aren’t just tied to income anymore. Mike Croxson, CEO of the NFCC, said : “It really doesn’t matter on the income level. It’s really about the debt level. Because when you reach the tipping point that the interest expense exceeds what you can afford to pay, that’s what gets the consumer into trouble.” The survey of 2,010 adults in April was updated in August with a new batch of 2,089 responses. Between those two surveys, some troubling trends popped up. The share of Americans who paid less than their minimum credit card payment in the last six months jumped from 8% in April to 13% in August. More borrowers are also shuffling debt, transferring balances from card to card or turning them into personal loans. The share of people who consolidated their card debt into personal loans doubled, rising from 4% to 8% between the two surveys. In the August results, 30% of high-income earners said they were more worried about unexpected costs, while 20% were now more anxious about staying current on their debt. Around 15% of people buying or leasing a new vehicle have a payment of more than $1,000 a month, according to a new Experian report. The average monthly payment for a new auto loan is $749. Late payments spike as Fed prepares for rate cuts Behind all the worries are real delinquencies. The CreditGauge report from July, published by VantageScore, showed that the number of borrowers over 90 days late has gone up across all credit score tiers, including those with the best credit. Even with rising defaults, traders are pricing in up to three 25-basis-point rate cuts from the Fed by the end of 2025. Shorter-maturity U.S. Treasuries have surged, beating all other major bond markets this year. Bloomberg indexes show U.S. government debt returned 5.8%, topping the list among the 15 biggest debt markets globally. The rally has pushed the extra yield on Treasuries versus global bonds to a three-year low. Weakness in the dollar helped boost the value of foreign assets, but even when removing currency effects, Treasuries still outperformed. Outside the U.S., other countries are facing their own mess. France is dealing with rising deficits, Japan is stuck in hawkish mode, and China’s stock market keeps climbing. Meanwhile, U.S. two-year yields dropped a basis point to 3.52%, and 10-year yields held steady at 4.04%. Earlier this year, analysts were sounding alarms over U.S. deficits above 6% of GDP, along with Donald Trump’s tariffs and his shots at Fed Chair Jerome Powell , which raised concerns about central bank independence. Now those fears have taken a back seat. Markets briefly expected a 50 bps cut after weak payroll data dropped earlier this month. Traders are watching closely as the Fed meets on Wednesday, with most expecting the first cut to come then. Year to date, 10-year Treasury yields in the U.S. have dropped about 50 basis points. In contrast, China’s equivalent yield has risen 20, France’s is up nearly 30, and Japan’s has jumped by close to 50 basis points. The smartest crypto minds already read our newsletter. Want in? Join them .
cryptopolitan·10h ago
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Asia Morning Briefing: BTC Traders Brace for Fed Cuts But Massive $4.5B Liquidity Tests Loom
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. Polymarket and CME FedWatch are aligned: the Fed’s easing cycle begins tomorrow. Both have a 25 bps cut locked in for the next FOMC meeting, with odds building for a three-cut path through year-end. Polymarket traders leave more room for aggressive easing, while CME assigns steadier probabilities of 25 bps steps. Either way, markets see 75 bps in cuts as the baseline for 2025. Market conviction around the Fed pivot is already showing up on-chain, with BTC trading at $116,762, up 1.3% on the day and 4.7% on the week, while ETH sits at $4,502, up 4.3% on the week as traders price in the cuts. Now, some traders are sitting on the sidelines to see just how the market might react as the Fed announces cuts. In a recent report, CryptoQuant data shows bitcoin exchange inflows have dropped to a 7-day average of just 25,000 BTC, the lowest in more than a year and a half; the level seen in mid-July when BTC first crossed $120,000. The average BTC deposit size has also halved to 0.57 BTC, evidence that large holders are sitting idle rather than rushing to sell. ETH is seeing the same pattern: exchange inflows have fallen to a two-month low of 783,000 ETH, down sharply from 1.8 million in August. The average ETH deposit has declined to 30 ETH from 40–45 ETH earlier this summer, suggesting reduced sell-side activity from whales. If BTC and ETH are being hoarded, stablecoins are flowing in CryptoQuant writes in its report. USDT deposits into exchanges surged to $379 million at the end of August, the highest this year, and remain elevated at $200 million. The average daily USDT deposit has doubled since July, giving exchanges the “dry powder” needed to support a post-Fed rally. But the flows aren’t uniform. Altcoins are seeing a resurgence of exchange activity, with transaction deposits climbing to a 7-day total of 55,000, up from a flat 20,000–30,000 range earlier this year. That divergence signals possible profit-taking in higher-beta names even as BTC and ETH supply remains tight. "September brings a wave of token unlocks totaling $4.5 billion, a dynamic that could pressure liquidity and test market absorption," OKX Singapore CEO Gracie Lin wrote in a note to CoinDesk. True opportunity lies beyond short-term volatility, Lin argued. "Stablecoins are nearing $300 billion in supply, token unlocks are putting market depth to the test, and major infrastructure upgrades like Nasdaq’s move toward tokenized securities are signaling that crypto is becoming part of the global financial system, not an outlier," she wrote. The message is clear: the Fed pivot is nearly priced in. What matters now is whether crypto’s liquidity buffers, stablecoins, exchange inflows, and token unlocks can absorb the shocks and channel capital into the next leg higher for BTC. Market Movement BTC: BTC is trading above $116,500 as traders are optimistic about potential U.S. interest rate cuts. Technical factors such as the closing of futures gaps have added upward pressure. Some caution is setting in ahead of the Fed meeting. ETH: ETH is trading with modest strength, supported by overall crypto market momentum (dominated by BTC), but with some resistance as investors weigh macro risks and await clarity on policy from the Fed. Gold: Gold is hitting record highs, driven by expectations that the U.S. Federal Reserve will cut rates, a weakening U.S. dollar, and heightened geopolitical or macroeconomic uncertainty. Safe‑haven demand from investors is strong. Nikkei 225: Asia-Pacific stocks fell on Wednesday morning, with Japan’s Nikkei 225 down 0.3%, as investors tracked Wall Street losses and awaited a likely Fed rate cut decision. S&P 500: The S&P 500 slipped 0.13% to 6,606.76 Tuesday as investors booked profits ahead of the Fed’s rate decision after touching a record high earlier. Elsewhere in Crypto Eric Trump defends UAE-Binance deal, says his father is ‘first guy who hasn’t made money off of the presidency’ ( The Block ) President Trump Alleges New York Times Harmed Meme Coin in $15 Billion Lawsuit ( Decrypt ) The Clarity Act Is Probably Dead: Here's What's Next for Its Successor Legislation ( CoinDesk )
coindesk·18h ago
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Asia’s stock rally faces tariff shock as Trump levies bite into earnings
Asia’s stock markets are starting to feel the heat as Donald Trump’s tariff hikes begin cutting into corporate profits. Fund giants including T. Rowe Price and Franklin Templeton are warning that companies across the region, especially in South Korea and Taiwan, are more exposed than investors think. Export-heavy industries have enjoyed months of gains, but now the numbers aren’t adding up. And the White House isn’t backing down. According to Bloomberg, the warning signs are coming from all sides. Clarence Li, a senior portfolio analyst at T. Rowe Price in Hong Kong, said, “Current earnings and margins for exporters have not yet fully reflected the impact of the recent tariff agreements.” Clarence confirmed that they’ve already reduced their Asia and emerging market positions tied to exports. They’re not waiting around to see the damage unfold. Exporters face hit as profits fall short The rally has been huge. The MSCI Asia index has jumped more than 20% this year, way ahead of the 12% gain on the S&P 500. Investors rushed in, driven by cheap money, a weaker dollar, and the AI hype machine. That pushed the regional benchmark above its previous record from 2021. But now the policy change from Washington is cutting through the noise. Trump’s tariffs, announced in April, are targeting the region’s top exporters. The list is brutal: 34% tariffs on Chinese goods, 50% on India, 19% on Indonesia, and 15% on Japan. These aren’t symbolic. They’re aimed directly at countries with massive trade surpluses with the U.S., and almost all of them are in Asia. William Bratton, head of Asia Pacific cash equity research at BNP Paribas in Hong Kong, said the current earnings forecasts are “too optimistic.” He warned that markets still haven’t priced in the tariff risk properly. “We see continued risk of Asia’s export earnings materializing below current forecasts,” William said. He’s especially cautious about sub-sectors in Japan, South Korea, and Taiwan, all tightly tied to exports. It gets worse. Last year, over $1.3 trillion worth of goods flowed out of Asia to the U.S. China shipped $438.9 billion, Vietnam $136.6 billion, and South Korea $131.5 billion. Those numbers explain why analysts think the damage hasn’t shown up in full yet. The initial impact might be delayed, but it’s coming. Tech sector vulnerable as semiconductors targeted The problem goes beyond the visible tariffs. Christy Tan, an investment strategist at Franklin Templeton in Singapore, said supply chain disruptions and shrinking margins won’t show up right away. “Investors are expected to stay cautious over export-oriented companies and those exposed to tech sectors, as margin compression could be increasingly evident in months to come,” Christy said . There’s also concern about the semiconductor industry. It’s been one of Asia’s top-performing sectors this year. But that strength is exactly why it’s now in the firing line. Jerry Goh, investment director for Asian equities at Aberdeen Investments in Singapore, said, “There are concerns over potential tariffs on the semiconductor sector, which could weigh on Asia, given that it’s the center of the global semiconductor supply chain.” Jerry said Taiwan and Korea would face the biggest earnings pressure due to how much they rely on chips. Some regional data still looks okay on the surface. Manufacturing numbers in Thailand and Vietnam have been strong. Thai shipments grew by double digits in July. South Korean exports didn’t drop in August. But several managers say that’s just front-loading, companies rushing to export before the tariffs land. There’s still a chance that rate cuts by the Fed and other central banks could soften the hit. But that’s not guaranteed to offset the blow. The rally was built on liquidity and hype. Now it’s getting tested by policy. And the numbers aren’t lying. Everything points to one thing: Asia is vulnerable. The exposure to U.S. demand, the over-reliance on tech exports, and the delay in pricing in risks, it’s all catching up. Get $50 free to trade crypto when you sign up to Bybit now
cryptopolitan·18h ago
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BlockDAG’s Deployment Event: $405M Crypto Launches in Singapore With Flat $0.0013 Presale Pricing
The $405M Crypto That Skipped Token2049 to Own the Spotlight: BlockDAG’s Deployment Event Scheduled for October In a bold move that sets the tone for what’s next, BlockDAG (BDAG) is staging its own Deployment Event in Singapore , a major initiative that comes not out of necessity, but strategic intent. After withdrawing from Token2049 due to restrictive local rules around presale promotion, BlockDAG refused to take the back seat. Instead, the team opted to run a flagship event under its own brand , on its own terms, signaling that it’s not just participating in the global crypto narrative, it’s ready to lead it. Set for October, the Deployment Event will showcase BlockDAG’s tech infrastructure, community scale, and roadmap clarity. But more than just a media opportunity, it’s a calculated play to dominate attention before launch. With a growing global footprint, tangible product rollouts, and a flat presale price of $0.0013 , BlockDAG is positioning itself as a serious player in Layer 1 development, and as one of the best crypto investments still accessible before launch . From Token2049 to Total Control: A Strategic Pivot Token2049 is one of Asia’s largest Web3 conferences, drawing thousands of investors, builders, and media. Most projects would jump at the chance to be featured. But for BlockDAG, compliance restrictions around promoting presale offers in the region meant its full narrative couldn’t be shared. Rather than dilute its messaging or be partially present, the team chose something more radical: exit the event entirely and launch a Deployment Event under their own brand . It wasn’t just a workaround, it was a message. By partnering with Coinstore , a globally recognized exchange, BlockDAG transformed what could have been a limitation into a declaration of intent. The Deployment Event will now operate with full focus on BDAG’s roadmap, ecosystem, and milestones, unfiltered by third-party constraints. For holders and new investors alike, it’s proof that BlockDAG doesn’t follow market conventions, it rewrites them. The core message is captured in the team’s new rallying cry: “We own the spotlight.” $405M Raised and Counting: A Presale With Power At the time of writing, BlockDAG’s presale has raised more than $405 million , placing it among the top 5 crypto presales in history . But unlike most token campaigns that ride on speculative buzz, BlockDAG is showing what real traction looks like. Over 312,000 holders have joined the network. The X1 mobile miner app has surpassed 3 million users . And nearly 19,000 X-Series miners have been sold and are now being shipped globally. While most presales struggle to maintain community interest, BlockDAG continues to break daily engagement records, on social, in its dashboard, and across partner platforms. The Deployment Event is designed not just to celebrate this momentum, but to formalize BlockDAG’s entry into the live utility phase . With testnet activation, miner deployment, and exchange partnerships lining up, the presale window is rapidly closing, and for good reason. Flat Price, Fair Play: Why $0.0013 Signals a Shift in Crypto Presales Alongside the event announcement, BlockDAG introduced a game-changing pricing model : a flat rate of $0.0013 per BDAG , replacing the tiered bonus structure that previously defined the presale. This isn’t just a pricing change, it’s a philosophical one. In most crypto launches, latecomers are penalized with higher prices, while early buyers enjoy steep discounts. This fuels short-term speculation and confusion. BlockDAG is rejecting that cycle in favor of clarity, consistency, and fairness. By offering one transparent rate to all investors, regardless of entry point, BlockDAG sends a strong message: This is not a casino coin. This is a network built for longevity. With the projected listing price expected to land around $0.05 , the current $0.0013 offer still presents a massive ROI potential, giving every participant, not just insiders, a shot at meaningful returns. And by locking this flat price in until deployment, BlockDAG avoids the final-week frenzy that often destabilizes presale communities. It’s clean, clear, and commitment-based, hallmarks of a project planning for the long run. Deployment as a Global Signal For most crypto startups, deployment is just a technical milestone. For BlockDAG, it’s a cultural moment . This event doesn’t just introduce a product, it sets the tone for the protocol’s presence on the world stage. Through the partnership with Coinstore, the event doubles as a global trust-builder, showcasing BlockDAG’s ecosystem to both retail users and institutional players. Attendees can expect deep dives into: BlockDAG’s hybrid architecture (blockchain + DAG) The X-Series mining ecosystem (X1, X10, X30, X100) Testnet functionality and developer integrations Global shipping updates and ecosystem traction Upcoming roadmap highlights and exchange coordination Importantly, the event will be broadcast digitally as well, ensuring that community members across 130+ supported countries are part of the milestone. From Singapore to São Paulo, BlockDAG is crafting its launch as a borderless movement. With the flat $0.0013 price now live and deployment just weeks away, the investment window is closing fast. This is the last batch of coins available before BlockDAG formally transitions to the post-presale phase. Once the deployment event concludes, focus shifts to launch mechanics, listing logistics, and open-market pricing, which will be exponentially higher than current levels. Between the testnet, the miner rollout, the presale traction, and now the deployment event, BlockDAG is checking every box that defines a strong crypto opportunity. For those who missed early Solana, early Avalanche, or even early Ethereum, this is the moment to act . Conclusion: Deployment Is Just the Beginning The BlockDAG Deployment Event isn’t just a launchpad, it’s a message to the crypto world: We’re not waiting for approval. We’re building without compromise. With full control over its rollout, an industry-standard presale raise, and a simplified access model, BlockDAG is shaping up to be 2025’s most legitimate Layer 1 success story . For investors wondering where to place their bets in a saturated market, BlockDAG doesn’t ask you to speculate. It shows you the delivery . And it all begins in Singapore. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
themerkle·1d ago

Sentiment

Indicates whether most users posting on a symbol’s stream over the last 24 hours are fearful or greedy.
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Extreme
Fear
Neutral
Greed
Extreme
Fear
Greed
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Last score

N/A

1 day ago

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1 year ago

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Message Volume

Measures the total amount of chatter on a stream over the last 24 hours.
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100
Extremely
Low
Normal
High
Extremely
Low
High
N/A
Last score

N/A

1 day ago

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3 months ago

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6 months ago

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1 year ago

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Participation Ratio

Measures the number of unique accounts posting on a stream relative to the number of total messages on that stream.
0
25
50
75
100
Extremely
Low
Normal
High
Extremely
Low
High
N/A
Last score

N/A

1 day ago

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1 week ago

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1 month ago

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3 months ago

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AboutAsia Coin(ASIA) is the native token (ERC20) of Asia Exchange and aiming to be widely used in Asian markets among Diamonds,Gold and Crypto dealers. AsiaX Team is now offering crypto trading combined with 360,000+ loose diamonds stock search engine . AsiaEx-instant crypto exchange designed for secure level of protection ensuring complete anonymity. Online Diamond Exchange-crypto to diamonds solution allowing major cryptocurrencies to be exchanged to certified stones with a laser inscription of a unique ID. Users are able to list certified diamonds for sale once verified as vendors. Asia Coin is now available on a few major exchanges such as Uniswap, ,SushiSwap,P2PB2B,Coinsbit,IndoEx and Waves Exchange. Circulating Supply:19,100,100 ASIA Max Supply:100,000,000 ASIA
Details
Links
Source
Categories
BNB Chain EcosystemEthereum EcosystemPolygon Ecosystem
Date
Market Cap
Volume
Close
September 17, 2025
$2.6M
$7,221.19
---
September 17, 2025
$2.6M
$7,312.64
---
September 16, 2025
$2.59M
$7,294.45
$0.05
September 15, 2025
$2.6M
$7,283.72
$0.05
September 14, 2025
$2.6M
$7,361.83
$0.05
September 13, 2025
$2.47M
$7,114.82
$0.05
September 12, 2025
$2.47M
$7,051.01
$0.05
September 11, 2025
$2.47M
$6,933.09
$0.05
September 10, 2025
$2.42M
$6,871.25
$0.05
September 09, 2025
$2.42M
$6,725.66
$0.05

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