Asia Pacific

First Mover Asia: Crypto Traders Laying Low While Fed Ponders; Bitcoin, Ether Gain

A move by the U.S. central bank to ratchet up interest rates could lead investors away from cryptocurrencies, which are considered riskier investments.

By Muyao Shen, Damanick DantesDec 14, 2021

Federal Reserve building (Paul Brady Photography/Shutterstock)

Markets

First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting

An expected interest rate hike could spook investors away from higher-risk assets; the top 20 altcoins by market capitalization were firmly in the red.

By Muyao Shen, Damanick DantesDec 13, 2021

Analysts: This Bear Market May Not Last Long

Markets

First Mover Asia: Bitcoin Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher

Ether climbs back above $4,100 but the direction of crypto markets at the start of the week remains uncertain.

By Muyao Shen, Damanick DantesDec 12, 2021

Markets

First Mover Asia: Bitcoin Falls Below $49K as Trading Volume Weakens, Altcoins See Red

Bitcoin’s drop-off coincides with a strengthening U.S. dollar; ether declines.

By Muyao Shen, Damanick DantesDec 9, 2021

A skier falls. (Clive Rose/Getty Images)

Markets

First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs

CEOs from six major crypto firms spoke before the U.S. House Financial Services Committee; stocks rose amid fading Omicron concerns.

By Muyao Shen, Damanick DantesDec 8, 2021

Markets

First Mover Asia: Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Blockchain data now indicates that the market crash over the weekend resulted from a “weak hand purge.”

By Muyao Shen, Damanick DantesDec 7, 2021

ALAJUELA, COSTA RICA - JANUARY 15: A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches. (Photo by Dan Kitwood/Getty Images)

Markets

First Mover Asia: Bitcoin Tops $50K, Ether, Other Altcoins Rise

Bitcoin trading volume was down for the second consecutive day,

By Muyao Shen, Damanick DantesDec 6, 2021

Markets

First Mover Asia: Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday

Investors, who have been spooked by the omicron variant of the COVID-19 virus, are awaiting the opening of equity markets on Monday.

By Muyao Shen, Damanick DantesDec 5, 2021

The New York Stock Exchange (Spencer Platt/Getty Images)

Markets

First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K

The price for the tether-yuan pair fell entering December, as the deadline approaches for Huobi, a popular crypto exchange among Chinese investors, to close the accounts of its existing users in mainland China.

By Muyao Shen, Damanick DantesDec 2, 2021

Markets

First Mover Asia: Bitcoin Drops Following First US Omicron Case

Ether falls, breaking a four-day streak of gains; equity markets tumble.

By Muyao Shen, Damanick DantesDec 1, 2021

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