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Asia
Bitcoin Rally Past $44K Stalls on Low Volume
Bitcoin rallied above $44,000 on low volume before retreating as Russia said it was receptive to a diplomatic solution to tensions on the Ukraine border. OKX Director of Financial Markets Lennix Lai shares insights into crypto trading patterns in China and wider Asia despite thin volumes, the correlation between the markets and Russia-Ukraine tensions and views on NFTs.
Infinity Ventures Crypto Closes $70M Fund
IVC wants to bridge the east and west in Web 3 without getting too big and bulky, says partner Brian Lu.
GameFi Faces Regulatory Headwinds in Major Asian Markets
As cryptocurrency investors look to GameFi as the industry’s latest vertical, experts warn gaming and crypto’s most important markets will provide regulatory challenges for the industry.
Hong Kong's HashKey Group Raises $360M Blockchain Fund
Funding keeps pouring into blockchain, despite market turmoil.
First Mover Asia: Bitcoin Nears $37K Amid Lighter Trading
Ether was roughly flat, while other major altcoins were mixed.
Southeast Asia Gaming Guild Ancient8 Raises $4M Seed Round
The funding round was led by Dragonfly Capital, Pantera Capital and Hashed.
Crypto.com Capital Hires Jon Russell as GP, Hints at Expanding Fund Size
Russell spent 10 years as a tech journalist, including stints at The Ken and Tech Crunch.
First Mover Asia: Bitcoin Slips Under $46K as Volume Across Major Centralized Exchanges Remains Low
“It’s pretty much been choppy since that big drop in the beginning of December,” said Efficient Frontier’s Andrew Tu.
Is There a Bullish Breakout Ahead for Bitcoin?
Needham & Co. Vice President John Todaro discusses his positive assessment of the crypto markets despite continuing to see red over the past week. “We’re still in a bullish macro set up here for bitcoin and cryptocurrencies more broadly,” Todaro said. “We do have around $100K bitcoin [price target] in Q1 2022.”
OCBC Bank Mulls Setting Up Crypto Exchange: CEO
Southeast Asia’s second-largest bank is looking into a digital asset exchange to satisfy customer demand.