First Mover Asia

Hong Kong skyline (Ruslan Bardash/Unsplash)

Markets

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:...

Jun 16, 2023 at 12:08 a.m. UTC

Jun 16, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Markets

Asia pacific

First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil

Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K.

By James Rubin Glenn Williams

Jun 15, 2023 at 1:06 a.m. UTC

Jun 15, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Markets

Asia pacific

First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase

Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase; bitcoin trades flat as Asia equity markets open.

By Sam Reynolds

Jun 14, 2023 at 12:44 a.m. UTC

Jun 14, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Markets

Asia pacific

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 regress...

By Sam Reynolds James Rubin

Jun 13, 2023 at 1:15 a.m. UTC

Jun 13, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Markets

Asia pacific

First Mover Asia: Here's Why Bitcoin's Support is Holding at $25K

These are challenging times for the crypto market, but bitcoin is holding firm.

By Sam Reynolds

Jun 12, 2023 at 1:27 a.m. UTC

Jun 12, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Markets

Asia pacific

First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout

ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other as...

By James Rubin

Jun 9, 2023 at 12:54 a.m. UTC

Jun 9, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Markets

Asia pacific

First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance Angst

ALSO: Stablecoin balances may provide additional insight into price direction.

By James Rubin

Jun 8, 2023 at 12:22 a.m. UTC

Jun 8, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

SEC Chair Gary Gensler (Alex Wong/Getty Images)

Markets

Asia pacific

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.

By Sam Reynolds James Rubin

Jun 7, 2023 at 12:34 a.m. UTC

Jun 7, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Markets

Asia pacific

First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets

ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.

By James Rubin Sam Reynolds

Jun 6, 2023 at 12:18 a.m. UTC

Jun 6, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia

Markets

Asia pacific

First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they ha...

By Sam Reynolds Glenn Williams

Jun 5, 2023 at 1:01 a.m. UTC

Jun 5, 2023

Asia PacificBitcoinEtherAltcoinsFirst Mover Asia