First Mover Asia
First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins
It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.
By Sam Reynolds, Daniel KuhnApr 7, 2023
First Mover Asia: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says
ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.
By Shaurya Malwa, James RubinApr 6, 2023
First Mover Asia: Chilly DOGE, While Bitcoin Simmers Over $28.6K
ALSO: The head of markets for crypto research firm Delphi Digital said Binance's loss of market share has stemmed largely from its struggles with regulators. He also called bitcoin's current threshold at about $28K "a tough spot."
By James RubinApr 5, 2023
First Mover Asia: Bitcoin Extends Its Stay Below $28K, Dogecoin Stays Hot
Dogecoin surged after Twitter replaced its familiar blue bird atop its homepage with the cryptocurrency's iconic Shiba Inu dog logo. ALSO: Is Indonesia’s CBDC a potential alternative to Visa and Mastercard?
By James Rubin, Shenna PeterApr 4, 2023
First Mover Asia: Bitcoin Holds Above $28K as Investors Await Fresh Productivity, Jobs Data
ALSO: Sam Reynolds writes that decentralized-focused tokens, including LDO and DYDX, were the quarter's best performers. Their gains came as U.S. regulators ratcheted up their scrutiny of centralized exchanges.
By Sam Reynolds, James RubinApr 3, 2023
First Mover Asia: Bitcoin Hovers Around $28,000
ALSO: A crypto investor, entrepreneur and market observer suggests that TradFi may be approaching a tipping point that benefits bitcoin, among other digital currencies, and could shift a large part of the crypto economy to Hong Kong.
By Sam Reynolds, James RubinMar 31, 2023
First Mover Asia: Bitcoin Rises Above $28.3K Despite Binance Legal Woes
ALSO: Shaurya Malwa writes that a little-known Ethereum community is rallying behind the Ethereum Goerli test network in the hope that it can help find a way to keep it going.
By Jocelyn Yang, Shaurya MalwaMar 29, 2023
First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat but ether is up, on potentially favorable comments by the CFTC before Congress.
By Sam ReynoldsMar 29, 2023
First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Plus: Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?
By Sam ReynoldsMar 28, 2023
First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders' current caution, but at least one stakeholder is optimistic that the situation will change.
By Sam ReynoldsMar 27, 2023