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Indonesia – World’s 4th Largest Populous Country Sets Eyes on Becoming the Crypto Capital of Asia

23.6.2022
A well-visioned regulatory framework & the meteoric rise in the number of blockchain and crypto projects have paved the way for Indonesia to stake its claim as the crypto capital of Asia. In a country with nearly 280 million tech-hungry people, one of the largest markets in Asia & a huge...

First Mover Asia: DeFi’s Resilience During the Market Slowdown; Bitcoin Slumps Near $20K

23.6.2022
DeFi is resilient in the current crypto crash; bitcoin and other cryptos sink in Wednesday trading

First Mover Asia: Bitcoin Holds Steady Over $20K; USDC's ‘Flippening’ of USDT and the Continued Stablecoin Bear Market

22.6.2022
Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg

First Mover Asia: A Chinese Alternative to Dollar-Based Stablecoins? Widening the Use of the CNH Presents Challenges; BTC Remains Above $20K

21.6.2022
The token is a version of China’s currency designed for offshore use; other cryptos are mixed in light trading

First Mover Asia: Bitcoin as Digital Gold and Inflation Hedge. Really? BTC Is Under Water, While the Metal You Can Hold Is Breathing Air; Cryptos Rebound Sunday

20.6.2022
A Sunday rally had bitcoin perched back over $20K and ether above $1.1K, but the recent Terra and Celsius debacles have increased investor anxiety about the digital assets' ability to maintain those levels

Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support

17.6.2022
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market

Crypto lender Babel Finance halts withdrawals due to liquidity pressures

17.6.2022
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market

First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K

17.6.2022
The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops toward $1,000

Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments

16.6.2022
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto payments are illegal in the Kyrgyz Republic. National Bank of Kyrgyzstan Urges...

First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike

16.6.2022
Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground

One in Seven Wealthy People Now Owns ‘Digital Assets’ – Survey

15.6.2022
A new report has found that global high-rollers are spending more money than ever on crypto, which has become “an essential part” of rich individuals’ investment portfolios. The claim was made in a wealth management study from Capgemini, a Paris, France-based IT services and consulting company....

First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle

15.6.2022
The largest digital asset by market cap could dip below $20,000 in the near future and is unlikely to rebound until macroeconomic conditions improve

First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K

14.6.2022
Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; cryptos plummet

First Mover Asia: Bitcoin Tumbles Below $27K Amid Ongoing Inflation Concerns

13.6.2022
Ether and other major altcoins underperform BTC as investors continue to steer away from riskier assets; is there a case for inflation?

Samsung Asset Management to launch blockchain ETF in Hong Kong

10.6.2022
Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022

First Mover Asia: Ethereum’s Ropsten ‘Merge’ Prompts Mixed Analyst Sentiment; Bitcoin Is Flat

10.6.2022
Some observers question whether ethereum can stay relevant after switching to a proof-of-work model, but others are upbeat about the shift to a proof-of-stake design

Saudi Arabia Buys $1 Billion Stake In Publisher That Owns Many Of Your Favorite Games

9.6.2022
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First Mover Asia: Crypto’s Institutional Future May Be Incompatible With Litecoin’s Privacy Protecting Features; Bitcoin Falls

9.6.2022
Major Korean exchanges are delisting the token after it introduced privacy upgrades involving the MimbleWimble protocol that’s designed to make transactions confidential and virtually untraceable

First Mover Asia: For the Metaverse to Be a $13T Opportunity, Much Has to Change; Bitcoin Rises Late Past $31K

8.6.2022
A Citi report makes a bold prediction, but major metaverse platforms are struggling to attract committed users

Japanese VC Firm Mistletoe Strengthens Crypto Focus, Says Web3 Will Spread to All Industries

7.6.2022
The Japanese venture capital firm Mistletoe is strengthening its focus on the crypto industry amidst the market downturn, arguing that Web3 will “spread to all industry segments” in the future, just like the Internet has done. Speaking with Cryptonews.com, Atsushi Taira, the co-founder...