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First Mover Asia: Amazon’s Web3 Foray Will Be a Compliance Nightmare; Bitcoin Tops $23.9K
30.1.2023
The retail giant’s initiative, especially in NFTs, may force some regulatory clarity for digital assets. Cryptos surge in Sunday trading
First Mover Asia: Cryptos Shrug Off Latest US Productivity, Jobs Data; Bitcoin Hovers at $22.9K
27.1.2023
ALSO: Sam Reynolds considers litecoin's strong performance over the past year compared to bitcoin and ether. The first altcoin has been operating largely out of the spotlight. Bitcoin hovers near $22.9K
Bithumb in turmoil, Binance’s 47K law requests, Axie players down 85%: Asia Express
26.1.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bithumb in turmoil On Jan. 25, Yonhap Infomax reported that South Korean authorities had requested an arrest warrant for Kang Jong-Hyun, chairman and owner of cryptocurrency exchange Bithumb, over...
First Mover Asia: Bitcoin Tops $23.7K in Wednesday Comeback
26.1.2023
The largest cryptocurrency by market capitalization regained ground lost in a late Tuesday swoon. ALSO: Laguna Labs CEO Stefan Rust discusses Genesis and bitcoin's short-term prospects in a CoinDesk Q&A
What You Need to Know About Crypto Regulation in Hong Kong, Singapore, Japan
25.1.2023
Asia’s biggest financial centers seem eager to encourage the growth of the crypto industry while protecting consumers and preventing contagion if things go wrong
$1.48B in Bitcoin options expire on Friday — Will BTC hold $22K?
25.1.2023
BTC price has started to correct, and with $1.48 billion in Bitcoin options expiring on Jan. 27, traders are watching to see if the price holds above $22,000
First Mover Asia: Bitcoin Seesaws Above and Below $23K Again
25.1.2023
The largest cryptocurrency has been holding steady near this threshold as investors remain hopeful about inflation and the economy
First Mover Asia: Ether Prices Fall Relative to Bitcoin
24.1.2023
The ETH/BTC currency pair has declined 8% since Jan 11, as the price increase in bitcoin has been more pronounced than ether’s; BTC hovers near $23K in Monday trading
Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
23.1.2023
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
First Mover Asia: Bitcoin Surges Past $23K Before Retreating
23.1.2023
ALSO: Sam Reynolds writes that Microsoft's cutting its mixed reality team underlines large tech firms's struggles to succeed in the augmented and virtual reality space. Will Apple do better?
First Mover Asia: Bitcoin Returns to Its Winning Ways
20.1.2023
ALSO: Shaurya Malwa writes about Singapore asset management firm Cobo's initiative to introduce separate custodian, clearing and settlement services to crypto; Bitcoin's price rises back past $21K
Samsung’s Bitcoin ETF, $700M bust, Coinbase exits Japan: Asia Express
19.1.2023
First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K
19.1.2023
A good portion of FTX's illiquid tokens can be found on the balance sheet of funds, including Sino Global and Multicoin Capital. FTX invested in these funds, and their names often appear alongside FTX as co-investors in projects
Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn
18.1.2023
On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing crypto solutions, blockchain technology, and Web3...
First Mover Asia: Bitcoin Hangs Tough Over $21K for Another Day
18.1.2023
ALSO: Sam Reynolds writes about the unlikely rally of metaverse majors, including Axie Infinity and Decentraland, even as they struggle to keep users engaged
Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months
17.1.2023
Global and U.S. economic data and a few BTC derivatives-related metrics could determine whether Bitcoin retests the $20,000 level in the short-term
First Mover Asia: Bitcoin Tops $21.3K as Cryptos' 2023 Feel-Good Story Continues
17.1.2023
ALSO: Sam Reynolds writes that the surge of FTX’s FTT Token is part of a trend in which investors send prices of certain tokens higher even as their projects fail or flounder
Bithumb ordered to pay outage damages to investors by South Korean court
16.1.2023
A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange
First Mover Asia: Bitcoin Surges on Inflation Tailwinds, Hovers Near $21K
16.1.2023
Forbes Gives Alchemy Pay Web3 Innovation Pioneer Award
13.1.2023
PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award on 11 January. The Singapore-based payment solutions provider has a major...