Asia Pacific


Markets

First Mover Asia: Bitcoin Tops $21.3K as Cryptos' 2023 Feel-Good Story Continues

ALSO: Sam Reynolds writes that the surge of FTX’s FTT Token is part of a trend in which investors send prices of certain tokens higher even as their projects fail or flounder.

(Jungwoo Hong/Unsplash)

Markets

First Mover Asia: Bitcoin Surges on Inflation Tailwinds, Hovers Near $21K

ALSO: Sam Reynolds writes that Ark Invest's Cathie Wood is correct in thinking that, despite market uncertainty, disruptive innovation technologies that address issues have gained traction.

Bitcoin soared in early weekend trading. (Shutterstock)

Markets

First Mover Asia: What's Next for Bitcoin After Biggest One-Day Price Pop in 2 Months?

Plus: Shaurya Malwa writes that security firms are predicting that blockchain bridges can avoid some of the carnage of 2022 this year by security features built during the bear market.

Bitcoin vaulted over $19K before settling down to around $18,800. (Shutterstock)

Markets

First Mover Asia: The Next Avraham Eisenberg Isn’t Going to Be a ChatGPT-Powered ‘Script Kiddie’

Plus: Bitcoin broke $18K Thursday after pushing the threshold for the 10th time in 12 days the day before.

(Getty Images)

Markets

First Mover Asia: Behind the Scenes on Indonesia's New Official Crypto Exchange

PLUS: In crypto markets, there's a mini-rally in bitcoin, a narrowing of the "Grayscale discount" and a rally in altcoins.

Yakarta toma un interés activo para regular el sector de las criptomonedas. (Getty Images)

Markets

First Mover Asia: Altcoin Short Squeeze Brings Green Shoots to Dormant Crypto

A squeeze on bearish altcoin traders has brought fresh energy into crypto markets, absent for months as the FTX exchange imploded in scandal. PLUS: Alex Thorn talks on crypto VC in 2023.

Are there signs of green shoots in crypto markets, or is it just a short squeeze? (Velodenz/Creative Commons)

Markets

First Mover Asia: Bitcoin Eclipses $17K, Breaking Out of Three-Week Trading Range

Since mid-December, bitcoin had failed to finish a trading day (universal coordinated time or UTC basis) over $17,000, and now analysts wonder if the largest cryptocurrency has formed a market bottom after a horrendous 2022.

Bitcoin finally managed to break the $17,000 threshold after trading in the doldrums since mid-December. (Leo Reynolds/Creative Commons, modified by CoinDesk)

Markets

First Mover Asia: Bitcoin, Ether Continue Their Rapid Descent in Volatility

ALSO: The two largest cryptocurrencies by market volume held steady within the narrow ranges they've occupied since mid December.

BTC's price and volatility both fell August 4. (Jakob Owens/Unsplash)

Markets

First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data

ALSO: Japanese gaming company Square Enix’s commitment to invest in Web3 initiatives is rare in a country in which regulations about anything that seems like gambling are daunting.

(Unsplash)

Markets

First Mover Asia: Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?

ALSO: Bitcoin spent a low-key 14th birthday, trading almost precisely in the same narrow range it's held since mid-December; other cryptos traded sideways, although SOL rose 22% to continue its nearly week-long surge.

Cartel del fundador de Tron, Justin Sun. (Danny Nelson/CoinDesk)