first mover-asia

bouncing ball (Shutterstock)
First Mover Asia: Bitcoin, Ether Bounce Back After Being Tested by Fed Chair Powell’s Comments
ALSO: Data from CryptoRank, which tracks crypto fund portfolios, shows that despite massive declines last year, a number of major funds are up over the past three years.
bouncing ball (Shutterstock)

CDCROP: Filecoin Foundation FIL Singapore event (fil.org)
First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns
A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend means Filecoin needs more than a token rally to be sustainable; bitcoin holds steady at $22.4K.
CDCROP: Filecoin Foundation FIL Singapore event (fil.org)

Shanghai, China (Edward He/Unsplash)
First Mover Asia: Bitcoin Is Stuck Between Silvergate and China
The largest crypto by market value hovers above $22.4K as investors mull Silvergate's troubles and anticipate likely encouraging economic data from China. ALSO: CoinDesk columnist David Z. Morris considered the gathering of Etherians at ETHDenver, all working together to build.
Shanghai, China (Edward He/Unsplash)

CDCROP: Illustration of a stack of $100 bills broken in squares (Getty Images)
First Mover Asia: Bitcoin Continues to Look East for Strength
ALSO: CoinDesk columnist Glenn Williams Jr. writes that on-chain indicators show that 70% of Bitcoin addresses are profitable
CDCROP: Illustration of a stack of $100 bills broken in squares (Getty Images)

Calm crypto markets. (Creative Commons)
First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin
ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said the city's evolving approach to digital asset licensing could shift attitudes in mainland China.
Calm crypto markets. (Creative Commons)

NFT (Pixabay)
First Mover Asia: NFTs Have a ‘Digital First Sale’ Problem
ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000.
NFT (Pixabay)

Roots of a banyan tree (Getty Images)
First Mover Asia: Bitcoin Stays Rooted Near $23.5K
ALSO: Sam Reynolds writes about the complicated relationship between layer 1 blockchain Coinflux’s CFX token and China and asks if it has triple-digit growth potential.
Roots of a banyan tree (Getty Images)

Solana (Zack Seward/CoinDesk)
First Mover Asia: Solana in the Green After Weekend Deep Freeze
ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts.
Solana (Zack Seward/CoinDesk)

Trampoline, Bitcoin is rebounding. (Shutterstock)
First Mover Asia: Resilient Bitcoin Rebounds Above $24K Despite Investors' Inflation, Labor Market Concerns
ALSO: CoinDesk analyst Glenn Williams explains the significance of bitcoin funding rates' 10-day, positive streak.
Trampoline, Bitcoin is rebounding. (Shutterstock)

Leverage in crypto could send you soaring, but it's risky. (Creative Commons)
First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes
ALSO: Shaurya Malwa considers how nefarious market participants are attempting to benefit from the ongoing ChatGPT craze in technology circles by issuing fake tokens branded after the artificial intelligence chatbot.
Leverage in crypto could send you soaring, but it's risky. (Creative Commons)