Asia Pacific
First Mover Asia: Bitcoin Hovers Near $30.3K After Expected Correction. Retail Investor Enthusiasm 'Likely to Increase': Analyst
The rising flows into Toronto-based Purpose’s spot bitcoin ETF, which received approval by Canadian regulators in 2021, reflect strong appetite among retail investors for these types of products and are a promising sign for U.S. companies who have recently filed spot BTC applications with the SEC.
By Sam ReynoldsJul 17, 2023
First Mover Asia: Bitcoin Soars to One-Year High at $31.7K as Crypto Investors Savor Partial Ripple Victory
Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
By James Rubin, Glenn Williams Jr.Jul 13, 2023
First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities.
By James RubinJul 13, 2023
First Mover Asia: Crypto Market Is on ‘Standby’ as Release of June Inflation Data Nears
PLUS: Chinese Yuan-backed stablecoins are an impossibility.
By Sam ReynoldsJul 12, 2023
First Mover Asia: Individual Wallets Holding 1 Bitcoin Hit All-Time High as BTC Maintains $30K
PLUS: Binance.US has a free money problem, but there's not enough trust in the platform to exploit it.
By Sam ReynoldsJul 11, 2023
First Mover Asia: Bitcoin Opens Week Defending $30K Support Level
PLUS: The dYdX Foundation's Charles d'Haussy says that dYdX's move away from Ethereum might be the beginning of a broader trend.
By Sam ReynoldsJul 10, 2023
First Mover Asia: Bitcoin Whales Are Increasing, but BTC Sent to Exchanges Continues to Fall. What Does the Trend Mean?
PLUS: Bitcoin tumbled below $30,000 for the first time in almost two weeks after a disappointing ADP private sector jobs report and ISM services index, but regained some ground later on Thursday.
By James Rubin, Glenn Williams Jr.Jul 7, 2023
First Mover Asia: Bitcoin Near $30K Remains Unmoved by BlackRock CEO Comments, Hawkish FOMC Minutes
PLUS: A candidate to become Thailand's next Prime Minister owns bitcoin, ether, BNB and ADA. Here's why the disclosure by Pita Limjaroenrat matters.
By James Rubin, Sam ReynoldsJul 6, 2023
First Mover Asia: Bitcoin Holds Above $30.5K at the End of a Quiet, Long Weekend
PLUS: Dismissing the very real prevalence of Ponzi schemes in GameFi isn't a good look for Web 3.
By Sam ReynoldsJul 5, 2023
First Mover Asia: Bitcoin Crosses $31K After Spot BTC ETF Issuers Begin Refiling
PLUS: The first half of 2023 has so far been very promising for the crypto majors.
By Sam ReynoldsJul 4, 2023