Asia Pacific


Markets

First Mover Asia: Solana in the Green After Weekend Deep Freeze

ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts.

Solana (Zack Seward/CoinDesk archives)

Markets

First Mover Asia: Resilient Bitcoin Rebounds Above $24K Despite Investors' Inflation, Labor Market Concerns

ALSO: CoinDesk analyst Glenn Williams explains the significance of bitcoin funding rates' 10-day, positive streak.

(Shutterstock)

Markets

First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes

ALSO: Shaurya Malwa considers how nefarious market participants are attempting to benefit from the ongoing ChatGPT craze in technology circles by issuing fake tokens branded after the artificial intelligence chatbot.

Financialization means big directional bets and lots of leverage, propped up by a hype campaign. In crypto, those bets are often followed by a hard landing. (Creative Commons)

Markets

First Mover Asia: Deconstructing Crypto's China Narrative

ALSO: Here's why it's important bitcoin hits $30,000

Shanghai (Getty Images)

Markets

First Mover Asia: Bitcoin Edges Toward $25K During Slow Economic Day

PLUS: Organizers of last year’s trucker-themed "Freedom Convoy" openly flaunted a court-ordered Mareva injunction used to freeze fundraised crypto. A Canadian judge said cryptocurrencies required more study, but declined to suggest stronger rules for the country.

(Scott Olson/Getty Images)

Markets

First Mover Asia: Bitcoin Opens the Week Testing $25K

ALSO: Hong Kong unveils its crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. The regulation focuses on accredited, professional investors.

(Mark Dadswell/Getty Images)

Markets

First Mover Asia: Crypto Momentum Falters as Bitcoin Retreats to $23.6K

ALSO: Sam Reynolds considers a rising trend of crypto startups postponing their token launches, part of the fallout from the collapse of crypto exchange FTX and its trading arm Alameda Research.

Bitcoin jumped early Tuesday before falling into the red. (Shutterstock)

Markets

First Mover Asia: Bitcoin Rockets Past $24.7K to Hit 6-Month High

ALSO: Shaurya Malwa considers a 24-hour surge in trading volume for BLUR, the token of the NFT marketplace Blur, following an airdrop.

(Getty Images)

Markets

First Mover Asia: Bitcoin Holds Steady on CPI Data. Are Investors Undecided?

ALSO: Unspent transaction output, individual units of bitcoin that are locked in transactions on the blockchain, are rising. Here's why the trend is significant.

(Getty Images)

Markets

First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar

ALSO: U.S. financial regulators' recent crackdown on Binance's BUSD stablecoin and other recent events underscore why Asia is a more likely global hub for digital assets.

The crypto industry should establish a more compliance-driven environment. (Nora Sahinun)