Altcoins
First Mover Asia: Bitcoin Holds Firm Above $30.1K as Investors Relish BlackRock, Other Spot BTC ETF Filings
ALSO: Crypto may be enduring "a crisis of confidence," but the recent filings for spot bitcoin ETFs by large institutional investors is a promising sign, said an eToro analyst.
By James RubinJun 22, 2023
First Mover Asia: Bitcoin Has Its Eyes on $30K Amid Steadfast Institutional Interest
ALSO: Smart contracts crypto lending platform Aave has continued its year-to-date momentum this month. The version 3 (v3) blockchain’s total value locked (TVL) has surged 15% in June to $1.76 billion, data from blockchain analytics firm DefiLlama shows.
By Sam Reynolds, Sage D. YoungJun 21, 2023
First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst
The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.
By Sam ReynoldsJun 20, 2023
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.
By Sam ReynoldsJun 19, 2023
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.
By Sam Reynolds, James RubinJun 16, 2023
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.
By James Rubin, Glenn Williams Jr.Jun 15, 2023
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.
By Sam ReynoldsJun 14, 2023
Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins
The combined market capitalization of BTC, ETH and stablecoins reached the highest level since February 2021, digital asset research firm K33 Research noted.
By Krisztian SandorJun 13, 2023
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."
By Sam Reynolds, James RubinJun 13, 2023
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.
By Sam ReynoldsJun 12, 2023