Altcoins
First Mover Asia: What Will It Take to Get Bitcoin to $30K?
The world’s largest digital asset isn’t budging and it'll take regulatory clarity to push past $30,000.
By Sam ReynoldsAug 8, 2023
First Mover Asia: Bitcoin Remains Calm Above $29.1 K, but Is Higher Volatility in Its Future?
PLUS: A decrease in bitcoin supply active a year ago indicates that long-term holders have reduced their bitcoin exposure. Is hodling starting to wane?
By James Rubin, Glenn Williams Jr.Aug 4, 2023
First Mover Asia: Bitcoin Turns Range-Bound Again Amid an Absence of Fresh Capital; Altcoins Dip Further Into Red
PLUS: A spot bitcoin ETF may be in the offing, and crypto prices are unpredictable, but MicroStrategy "still fills a need in the marketplace," the president of crypto asset fund ProChain Capital told CoinDesk TV.
By James RubinAug 3, 2023
First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade
PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.
By Sam Reynolds, James RubinAug 2, 2023
First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red
Curve Founder Michael Egorov's $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of fine silver.
By Sam ReynoldsAug 1, 2023
First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto's Correlation With Tech May Return
An exploit of stablecoin exchange Curve Sunday could jeopardize more than $100 million in cryptocurrency. PLUS: What's behind Russia's mining boom?
By Sam ReynoldsJul 31, 2023
First Mover Asia: Some Bitcoin Whales Appear Content to Wait for the Next Price Catalyst
PLUS: BTC continued to trade above $29.2K, slightly down over the past 24 hours amid another day of low volatility.
By James Rubin, Glenn Williams Jr.Jul 28, 2023
Bitcoin Erases Losses, Holds Near $29.3K as Nasdaq Gains Nearly 2%
Friday morning brought more welcome U.S. economic data, with the PCE Price Index – the Fed's preferred inflation gauge – dipping further in June.
By Sam Reynolds, James Rubin, Omkar Godbole, Stephen AlpherJul 27, 2023
First Mover Asia: Bitcoin Post-Fed Rate Hike Fizzles. Will BTC's Recent Low Volatility Last Much Longer?
zkSync Era launched only in February but has more daily active addresses than Arbitrum and Optimism, the two largest scaling solutions by total value locked, underscoring the rising interest in its potential airdrop.
By James Rubin, Sage D. YoungJul 26, 2023
First Mover Asia: Bitcoin Awaits Its Spot ETF in Absence of a Macro Catalyst: Crypto CEO
PLUS: At least one bitcoin price indicator suggests that BTC may be turning slightly upward soon, writes a CoinDesk analyst, while Tribe Capital's managing partner sees a DeFi "resurgence."
By Sam ReynoldsJul 26, 2023