First Mover Asia

Markets

First Mover Asia: Bitcoin Tops $23.7K in Wednesday Comeback

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...

By James Rubin

Jan 26, 2023 at 2:38 a.m. UTC

Jan 26, 2023

Bitcoin continued to seesaw above and below $23K. (Pascal Bernardon/Unsplash)

Markets

First Mover Asia: Bitcoin Seesaws Above and Below $23K Again

The largest cryptocurrency has been holding steady near this threshold as investors remain hopeful about inflation and the economy.

By James Rubin

Jan 25, 2023 at 3:24 a.m. UTC

Jan 25, 2023

Markets

First Mover Asia: Ether Prices Fall Relative to Bitcoin

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.

By James Rubin Glenn Williams

Jan 24, 2023 at 1:44 a.m. UTC

Jan 24, 2023

Markets

First Mover Asia: Bitcoin Surges Past $23K Before Retreating

ALSO: Sam Reynolds writes that Microsoft cutting its mixed reality team underlines large tech firms's struggles to succeed in the augmented and virtual reality space. Will App...

Jan 23, 2023 at 2:10 a.m. UTC

Jan 23, 2023

Markets

First Mover Asia: Bitcoin Returns to Its Winning Ways

ALSO: Shaurya Malwa writes about Singapore asset management firm Cobo's initiative to introduce separate custodian, clearing and settlement services to crypto.

By James Rubin Shaurya Malwa

Jan 20, 2023 at 3:46 a.m. UTC

Jan 20, 2023

Markets

First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K

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 o...

By Sam Reynolds

Jan 19, 2023 at 12:46 a.m. UTC

Jan 19, 2023

Bitcoin remained perched above the $21,000 threshold. (Unsplash)

Markets

First Mover Asia: Bitcoin Hangs Tough Over $21K for Another Day

ALSO: Sam Reynolds writes about the unlikely rally of metaverse majors, including Axie Infinity and Decentraland, even as they struggle to keep users engaged.

Jan 18, 2023 at 1:40 a.m. UTC

Jan 18, 2023

Markets

First Mover Asia: Bitcoin Tops $21.3K as Cryptos' 2023 Feel-Good Story Continues

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....

Jan 17, 2023 at 12:59 a.m. UTC

Jan 17, 2023

Bitcoin soared in early weekend trading. (Shutterstock)

Markets

First Mover Asia: Bitcoin Surges on Inflation Tailwinds, Hovers Near $21K

ALSO: Sam Reynolds writes that Ark Invest's Cathie Wood is correct in thinking that, despite market uncertainty, disruptive innovation technologies that address issues have ga...

Jan 16, 2023 at 1:03 a.m. UTC

Jan 16, 2023