Sam Reynolds

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

Bitcoin daily price chart. (CoinDesk Indexes)

Markets

First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst

ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.

By Sam Reynolds James Rubin

Jun 2, 2023 at 1:42 a.m. UTC

Jun 2, 2023

Markets

Hong kong

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

The stablecoin is issued by a registered trust owned by First Digital.

Hong KongHong Kong Monetary AuthorityStablecoin

Jun 1, 2023 at 2:00 a.m. UTC

Jun 1, 2023

Markets

First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

Also: Bitcoin and volatility have a tricky relationship.

May 31, 2023 at 1:03 a.m. UTC

May 31, 2023

Policy

Sam bankman-fried

U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say

Lawyers for the disgraced FTX executive filed pre-trial motions in early May to dismiss most of the charges on technicalities or procedural issues.

Sam Bankman-FriedFTXPolitical Campaigns

May 30, 2023 at 8:13 a.m. UTC

May 30, 2023

Markets

First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?

ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.

By Sam Reynolds Glenn Williams

May 30, 2023 at 12:44 a.m. UTC

May 30, 2023

Finance

Temasek

Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare

Temasek wrote down the entirety of its investment in FTX in November.

TemasekFTXFTX collapseSingapore

May 29, 2023 at 4:21 a.m. UTC

May 29, 2023

Markets

First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal

ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper...

May 29, 2023 at 1:06 a.m. UTC

May 29, 2023

Markets

Ether

Ether Balance on Exchanges Nears All-Time Low

The drop comes as the number of staked ether has surged.

EtherEthereumGlassnodeStakingShapella

May 26, 2023 at 8:25 a.m. UTC

May 26, 2023

U.S. Capital building (Matt Anderson/Getty Images)

Markets

First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations

ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness i...

By James Rubin Sam Reynolds

May 25, 2023 at 11:45 p.m. UTC

May 25, 2023