Asia Pacific


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First Mover Asia: Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility

In his speech, Ravi Menon spoke in favor of digital asset innovation but not cryptocurrency speculation. But the Monetary Authority of Singapore’s approach may not be realistic.

Bitcoin clawed back above $20,000 after falling below this threshold. (Frederick Bass/Getty Images)

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First Mover Asia: Taipei Blockchain Week Imperiled by Government’s COVID-19 Quarantine; Bitcoin Rebounds Above $20K

Taipei Blockchain Week organizers are exploring the use of residency visas for potential attendees and are optimistic they will hold a successful event; ether climbs to about $1.5K.

Taipei, Taiwan, skyline (Creative Commons, modified by CoinDesk)

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First Mover Asia: Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair's Comments

Ether and other major altcoins are down in weekend trading.

Cryptos plummeted Tuesday. (Jay Radhakrishnan/Getty Images)

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First Mover Asia: A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Price Remains in Holding Pattern

Some miners are earning more by selling power capacity back to the grid than through mining bitcoin; crypto markets await Fed Chair Jerome Powell's Friday speech.

An Antminer bitcoin mining machine. (Carlos Becerra/Bloomberg via Getty Images)

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First Mover Asia: Bear Market? Taxes? Crypto’s Allure in India Grows, KuCoin Survey Finds; Bitcoin Continues Holding Pattern Over $21K

A study by crypto exchange KuCoin found that 15% of the country’s population aged 18-60 held or had traded crypto in the past six months; ether trades sideways.

India (Kriangkrai Thitimakorn/Getty Images)

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First Mover Asia: Crypto Sell-Off Due to Fed Hawkishness, Possible Jump Dump of ETH, Says QCP Capital; Cryptos Decline Slightly in Monday Trading

Crypto asset trading firm QCP Capital will be eyeing remarks later this week by U.S. central bank Chair Jerome Powell for their potential effect on digital asset markets.

Hawkish remarks by a Fed official sent bitcoin falling.(Getty Images/Tim Chapman)

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First Mover Asia: Bitcoin Hovers Over $21K in Weekend Trading; India Crypto Industry's Challenging Year

High German inflation and ongoing macroeconomic uncertainty raised market anxieties on Friday. Investors will be eyeing comments by Fed Chair Jerome Powell in a few days at a U.S. central bank symposium in Wyoming.

Bitcoin is hovering over $23,000. (Oliver Furrer/Getty Images)

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First Mover Asia: Bitcoin Sinks Below $23K; South Korea's Bumpy Crypto Path Forward

The largest cryptocurrency in market value fell late in the day to continue its recent losing streak.

(Andriy Onufriyenko/Getty Images)

Mercados

First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again

The price of the troubled crypto lending platform's CEL has been rising, to many observers' puzzlement; ether falls.

Thermometer (Getty Images)