First Mover Asia
First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail
PLUS: The tragicomedy of Sam Bankman-Fried continued on Friday with the revocation of his bail. Even before the decision, CoinDesk columnist David Morris explained why the outcome was predictable.
By James Rubin, Bradley KeounAug 13, 2023
First Mover Asia: Bitcoin Is CPI Resistant
Modest Consumer Price Index numbers mean that the chance of another rate hike is dwindling.
By Sam ReynoldsAug 11, 2023
First Mover Asia: SEC Appealing XRP Ruling Isn't Moving Markets
Ripple's partial victory over the Securities and Exchange Commission pushed up the layer 1 and altcoin market, as many of these tokens had been accused of being securities.
By Sam ReynoldsAug 10, 2023
First Mover Asia: First $30K, Then $40K, but Bitcoin Needs Volatility First
The world’s largest digital asset is rangebound, but so far this year, bitcoin is beating the returns most digital asset funds are posting.
By Sam ReynoldsAug 9, 2023
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