Asia Pacific


Markets

First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions

The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country.

Bitcoin weekly price chart (CoinDesk)

Markets

First Mover Asia: Hong Kong as Crypto Hub? The City's Strict Banking Requirements May Be an Obstacle

A Hong Kong-based entrepreneur says that while the digital assets regulation is "overall friendly," banking regulations will make the industry's growth there difficult. ALSO: Bitcoin surges post-BlackRock iShares ETF filing but the rally sputters.

(Ruslan Bardash/Unsplash)

Markets

First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil

Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K.

(Todd Cravens/Unsplash)

Markets

First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase

Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase; bitcoin trades flat as Asia equity markets open.

(Ruslan Bardash/Unsplash)

Markets

First Mover Asia: Binance's Exchange Flow Flips Positive; Bitcoin Trades Flat

ALSO: The co-founder of crypto security firm De.Fi called the price stabilization of crypto assets that plummeted after SEC lawsuits against Binance and Coinbase "mean regression."

(Danny Nelson/CoinDesk)

Markets

First Mover Asia: Here's Why Bitcoin's Support is Holding at $25K

These are challenging times for the crypto market, but bitcoin is holding firm.

(CoinDesk)

Markets

First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout

ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year.

Bitcoin weekly chart (CoinDesk Indices)

Markets

First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance Angst

ALSO: Stablecoin balances may provide additional insight into price direction.

Bitcoin dail chart (CoinDesk)

Markets

First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says

ALSO: Why Binance's alleged co-mingling of assets isn't the same as FTX's alleged co-mingling of assets.

SEC Chair Gary Gensler (Alex Wong/Getty Images)

Markets

First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets

ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.

Bitcoin daily chart (CoinDesk)