Bitcoin fell to about $63,000 on Friday, down 1.7% over 24 hours and 2.2% on the week, as a deepening selloff in chipmakers dragged risk assets lower, per CoinDesk data. Ether held better at $1,836, still up 2.4% over seven days, while Hyperliquid led the losses at 8% on the day and 12% on the week.Nasdaq 100 futures dropped 1.8% and S&P 500 contracts fell 0.9% as a semiconductor ETF slid 3% in premarket trading. Taiwanese stocks fell into a technical correction and Asia’s main benchmark hit a two-month low. Europe held up better on lower tech exposure.The question driving…

Crypto exchange Bybit announced Thursday it has launched a locally operated platform in Indonesia after acquiring a majority stake in digital asset firm PT Enkripsi Teknologi Handal, formerly known as NOBI. The deal saw NOBI rebranded as Bybit Indonesia. The crypto exchange said it plans to introduce its services in phases, starting with 500 cryptocurrency trading pairs. The exchange will be led by Lawrence Samantha, who will serve as CEO and Dionisius Evan, who serves as chief operating officer, both formerly senior executives at NOBI. “This acquisition allows us to combine Bybit’s global capabilities with an experienced local team that understands Indonesia’s market…

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