First Mover Asia


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First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst

ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.

Bitcoin daily price chart. (CoinDesk Indexes)

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First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten

ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?

Daily bitcoin chart. (CoinDesk)

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First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

Also: Bitcoin and volatility have a tricky relationship.

Ethereum's London hard fork will burn ether to reduce supply.

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First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?

ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.

The White House, Washington, D.C. (Nikhilesh De/CoinDesk)

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First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal

ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards

(Pixabay)

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First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations

ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology.

US Capital building (Matt Anderson/Getty Images)

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First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties

ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties.

Bitcoin continued its downtrend of recent days. (Getty Images)

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First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All

ALSO: Hong Kong’s proposed crypto exchange rules value TradFi chops over crypto knowledge. What are the key potential changes?

(Getty)

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First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

ALSO: CoinDesk's former head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge.

Bitcoin Price (CoinDesk Indexes)

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First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?

ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.

(Steven Cordes/Unsplash)