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Asia
First Mover Asia: Bitcoin Enters ‘Extreme Greed’ Territory; Altcoins Rally
Bitcoin volume has increased the past two days but remains well below its mid-October high.

BTS Agency Hybe to Set Up Joint Venture on NFTs with Korean Crypto Exchange Upbit
The agency behind one of the world’s most succseful K-pop bands wants to look into NFTs.

Group of Exchanges Call on Indian Government to Regulate Crypto in Front-Page Ad
“This is India’s crypto moment,” the ad declared.

Impact of US Bitcoin ETFs on State of DeFi in Asia
Haseeb Qureshi, managing partner at crypto investment firm Dragonfly Capital, discusses the impact of the U.S. ETF landscape on the state of DeFi in Asia. Plus, insights into crypto trading in mainland China and areas of investment opportunities.

Kazakhstan to Limit Power for Crypto Mining to 100 MW Nationwide
New mines will have to consume less than 1 MW over two years in what has become the world’s second-largest bitcoin mining country.

Gemini Introduces ‘Earn’ Product in Hong Kong as Part of Asia Push
Users can receive yields of up to 8.05%.

DeFi Pushes North America to Become World’s Second-Biggest Crypto Market
China started losing its position in global crypto markets before this year’s crackdown.

Binance Wants Former Abu Dhabi Global Market Head as Asia CEO: Report
The exchange has become more proactive in dealing with regulators amid heightened scrutiny.

Solana Hits All-Time High, GoSats Launches Bitcoin Reward Card
Solana hits an all-time high. India’s GoSats launches a bitcoin reward cashback card, and a new survey from Finder shows Asia ranks top on cryptocurrency adoption. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Changing Crypto Trading Patterns Reveal the Market’s Power Shift to the West
A recent blockchain analysis revealed that on Coinbase, Gemini and Kraken, exchanges that are more popular among users in the West, the average weekend bitcoin trading volume is growing relative to the average weekday volume, pointing to a dramatic shift in trading patterns this year from Asia to North America and Europe.
