Welcome to your daily Asia Morning Briefing — a quick wrap-up of what happened in the U.S. crypto markets overnight, plus the key stories shaping Asia’s fintech and crypto space. For a full U.S. market recap, check out CoinDesk’s Crypto Daybook Americas.
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Uniswap's UNI Pumps 5% 🚀💸
Uniswap’s UNI token just made a strong move — jumping from $6.00 to $6.65 in the past 24 hours, a solid 5% gain! This comes even as the CoinDesk 20 Index dipped 1.8%.
What’s driving the surge? Uniswap hit its highest monthly trading volume since February, processing over $73 billion in trades and raking in $380 million in revenue so far this year.
One major whale just made waves too — scooping up nearly $4 million worth of UNI!
Check out the whale activity here 🐋
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SCB10X’s New CEO Predicts a Boom in Asia 🌏📈
Kaweewut Temphuwapat, the new CEO of Thailand-based venture arm SCB10X, is bullish on crypto and AI in Southeast Asia.
He says that clearer regulations in the U.S. plus growing fintech innovation in Thailand and the region will spark stronger crypto deal flow across Asia. Looks like the East could take the lead in the next wave of Web3 investment!
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Trader Turns to Memecoins for Big Gains 🐶⚡
Trader James Wynn is ditching Bitcoin (for now) and going all-in on memecoins — and it’s paying off. Using high-leverage strategies, he’s scored some hefty profits amid the current market madness.
While risky, his moves highlight how traders are chasing volatility in hopes of quick wins.
