ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts; bitcoin’s price rises.
First Mover Asia: Resilient Bitcoin Rebounds Above $24K Despite Investors’ Inflation, Labor Market Concerns
ALSO: CoinDesk analyst Glenn Williams explains the significance of bitcoin funding rates’ 10-day, positive streak; bitcoin rebounds above $24K.
First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes
ALSO: Shaurya Malwa considers how nefarious market participants are attempting to benefit from the ongoing ChatGPT craze in technology circles by issuing fake tokens branded after the artificial intelligence chatbot; bitcoin and ether rebound but are still in the red.
First Mover Asia: Deconstructing Crypto’s China Narrative
First Mover Asia: Bitcoin Edges Toward $25K During Slow Economic Day
PLUS: Organizers of last year’s trucker-themed “Freedom Convoy” openly flaunted a court-ordered Mareva injunction used to freeze fundraised crypto. A Canadian judge said cryptocurrencies required more study, but declined to suggest stronger rules for the country.
First Mover Asia: Bitcoin Opens the Week Testing $25K
Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. The regulation focuses on accredited, professional investors.
First Mover Asia: Crypto Momentum Falters as Bitcoin Retreats to $23.6K
ALSO: Sam Reynolds considers a rising trend of crypto startups postponing their token launches, part of the fallout from the collapse of crypto exchange FTX and its trading arm Alameda Research. Bitcoin rises early but tumbles later to $23.5K.
First Mover Asia: Bitcoin Rockets Past $24.7K to Hit 6-Month High
ALSO: Shaurya Malwa considers a 24-hour surge in trading volume for BLUR, the token of the NFT marketplace BLUR, following the platform’s airdrop. Bitcoin rockets past $24.7K.
First Mover Asia: Bitcoin Holds Steady on CPI Data. Are Investors Undecided?
ALSO: Unspent transaction output, individual units of bitcoin that are locked in transactions on the blockchain, are rising. Here’s why the trend is significant. Bitcoin Ticks Upward.