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First Mover Asia: Binance Congestion Chaos Weighs Heavy on Bitcoin
9.5.2023
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."
Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues
8.5.2023
Ether’s deflationary narrative continues despite Monday’s price drop. Major crypto assets traded down on Monday
First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause
8.5.2023
PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run
First Mover Asia: CBDCs Are the Hottest Issue in Florida Politics; Bitcoin Falls Slightly
5.5.2023
Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion
4.5.2023
BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range
First Mover Asia: Bitcoin Recovers From Fed Dip
4.5.2023
PLUS: The Madlads hype appears to be over, although it hasn't dragged down the price of Solana. Cryptos return to positive territory
Bitcoin Falls Slightly After Fed Rate Hike
3.5.2023
BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings
Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
3.5.2023
The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar
First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient
3.5.2023
ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesday as expected
Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data
3.5.2023
Ether also rose. Equity markets dropped, including stocks of two regional banks
First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues
2.5.2023
PLUS: Western crypto innovators with great ideas are eying the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto's model for the future, the co-founder of Taipei-based Woo Network, Jack Tan, writes
Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank
1.5.2023
BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision
First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat
1.5.2023
ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty
First Mover Asia: Bitcoin Holds Steady Above $29K as Investors Look Toward Next FOMC Meeting
28.4.2023
ALSO: William Shatner, Star Trek's Captain Kirk, releases an NFT collection and touts the potential of crypto in an entertaining half-hour discussion at CoinDesk's Consensus 2023 conference
Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes
27.4.2023
BTC dipped slightly during U.S. morning trading Thursday after the Commerce Department reported a slow 1.1% gain in GDP for the first quarter – below consensus expectations of 2% annualized – but later rebounded
First Mover Asia: Bitcoin Seesaws Wildly Before Settling Above $29K
27.4.2023
ALSO: Writing about different sessions at Consensus 2023, CoinDesk columnist Daniel Kuhn considers the difficulty that the builders of decentralized finance (DeFi) and financial regulators are having in finding linguistic common ground
Bitcoin Tumbles as Wild Crypto Market Swing Causes $310M Losses From Liquidations
26.4.2023
The CoinDesk Market Index (CMI), which tracks the performance of the broader crypto market, plummeted 5.6% in an hour
First Mover Asia: Bitcoin Breaks Its Losing Streak in Late Tuesday Rally
26.4.2023
ALSO: CoinDesk's Pete Pachal and Daniel Kuhn outline important themes at Consensus 2023 conference, which opens Wednesday in Austin, Texas
Bitcoin Regains $28K Amid Mildly Encouraging Tech Earnings, Liquidation of Short Positions
25.4.2023
BTC climbed Tuesday afternoon as Google and Microsoft's first-quarter earnings surpassed expectations. Both equities and Treasury yields were down on Tuesday, however
First Mover Asia: Crypto Flat as Markets Await Tech Earnings
25.4.2023
ALSO: Although Do Kwon is in a lot of trouble, his lawyers have raised a legitimate issue about crypto regulation in the U.S, and the SEC’s quest for unlimited jurisdiction over the asset class