first mover-asia

Liquidity Pool (Unsplash)
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.
Liquidity Pool (Unsplash)

Balloon (Shutterstock)
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.
Balloon (Shutterstock)

CDCROP: Victoria Harbour from Peak Hong Kong, China - East Asia, Asia, Avenue Of Stars, Building Exterior skyscraper HongKong top view from the peak mountain Hong Kong skyline. (anuchit kamsongmueang/Getty Images)
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.
CDCROP: Victoria Harbour from Peak Hong Kong, China - East Asia, Asia, Avenue Of Stars, Building Exterior skyscraper HongKong top view from the peak mountain Hong Kong skyline. (anuchit kamsongmueang/Getty Images)

CDCROP: Sunrise over Victoria Harbor in Hong Kong China cityscape (Unsplash)
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?
CDCROP: Sunrise over Victoria Harbor in Hong Kong China cityscape (Unsplash)

Liquidity Pool (Unsplash)
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.
Liquidity Pool (Unsplash)

Waves Blockchain founder asks exchanges to delist token (Photoholgic/Unsplash)
First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns
ALSO: CoinDesk market analyst Glenn Williams writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers.
Waves Blockchain founder asks exchanges to delist token (Photoholgic/Unsplash)

USD and SIM card
First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision
ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa.
USD and SIM card

Bitcoin Benjamin Franklin blowing bubblegum (Getty Images)
First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market; It’s Now Powering Through This Mini-Bull Cycle
A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”
Bitcoin Benjamin Franklin blowing bubblegum (Getty Images)

(Tuomas A. Lehtinen/Getty Images, modified by CoinDesk)
First Mover Asia: Bitcoin Hovers Over $28K Amid Banking Instability
ALSO: Bitcoin’s surge over the past week reflects a "flight to quality" but liquidity remains an issue.
(Tuomas A. Lehtinen/Getty Images, modified by CoinDesk)