PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.
First Mover Asia: Bitcoin Holds Its Latest Foothold at $29.1K While Worldcoin Soars
PLUS: BTC’s positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.
First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low
PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests.
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.
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.”
First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says
ALSO: Why Binance’s alleged co-mingling of assets isn’t the same as FTX’s alleged co-mingling of assets.
First Mover Asia: Bitcoin Has Reached ‘a General Accumulation Phase’: Analyst
ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.
First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist
ALSO: Bitcoin needs a compelling narrative to break from its current range, but that likely will not occur until next year, says the CEO of Web3 bond-market platform Umee.
First Mover Asia: Binance Congestion Chaos Weighs Heavy on Bitcoin
ALSO: A crypto market analyst calls bitcoin’s travails of the past two days “growing pains,” and says the largest crypto by market cap “will be fine in the long run.”
First Mover Asia: We’re Still Missing Good Web3 Games; Bitcoin Swoons Below $29K
The TradGaming world has tentpole franchises that have drawn large audiences, but Web3 games have yet to connect meaningfully with gaming enthusiasts.
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. Major cryptos are in the red.
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.
First Mover Asia: Silicon Valley Bank Failure Highlights Small Banks’ Vulnerability; Bitcoin Soars Past $22.5K
Since September 2021, the growth in cash assets in small bank balance sheets has turned negative.
First Mover Asia: Bitcoin Stays Rooted Near $23.5K
ALSO: Sam Reynolds writes about the complicated relationship between layer 1 blockchain Coinflux’s CFX token and China and asks if it has triple-digit growth potential; bitcoin ticks down but holds near $23.5K.
First Mover Asia: Amazon’s Web3 Foray Will Be a Compliance Nightmare; Bitcoin Tops $23.9K
The retail giant’s initiative, especially in NFTs, may force some regulatory clarity for digital assets. Cryptos surge in Sunday trading.
First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data
ALSO: Japanese gaming company Square Enix’s commitment to invest in Web3 initiatives is rare in a country, whose regulations about anything that seems like gambling are daunting; bitcoin rises.
First Mover Asia: Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?
ALSO: Bitcoin spent a low-key 14th birthday, trading almost precisely in the same narrow range it’s held since mid December; other cryptos traded sideways, although SOL rose 22% to continue its nearly week-long surge.
First Mover Asia: Bitcoin Celebrates the New Year With Old Pricing, Holds Steady at $16.7K
ALSO: CoinDesk’s Sam Reynolds explains why crypto exchange token prices continue to respond to news events and not what the SEC and other regulators might do.
First Mover Asia: Busan as Blockchain Hub? The Korean City Is Traveling the Wrong Path; No Bail for Bankman-Fried
Busan wants to integrate blockchain technology into all facets of government service, and create the first city-run crypto exchange.
First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings
Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much.