Thursday, January 27, 2022
Home > Asia

First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out

Good morning. Here’s what’s happening:Market moves: Bitcoin gave up early gains after Powell’s hawkish comments.Technician's take: Long-term momentum remains weak and BTC is at a critical point.Catch the latest episodes of CryptoX TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $36,826 -0.3%Ether (ETH): $2,470 +0.7%Top Gainers

Read More

First Mover Asia: Bitcoin, Ether Regain Ground Sunday After Early Weekend Battering

Good morning. Here’s what’s happening:Market moves: Bitcoin was trading at over $36,000 on Sunday after continuing its recent decline earlier in the weekend.Technician's take: BTC is stabilizing on intraday charts, although $30,000 is a more significant level to watch given the decline in long-term momentum.Catch the latest episodes of CryptoX

Read More

First Mover Asia: Bitcoin, Altcoins Rise and Then Sink

Good morning. Here’s what’s happening:Market moves: The largest cryptocurrency by market capitalization falls under $41,000; ether and other major altcoins also drop.Technician's take: Oversold conditions are attracting short-term bitcoin buyers.Catch the latest episodes of CryptoX TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $40,882 -2.2%Ether (ETH): $3,024

Read More

Southeast Asia Focused Gaming Guild Ancient8 Raises $4M Seed Round

“Games provide the perfect starting point for mainstream adoption of blockchain-based products, especially as people start transacting and earning income while playing, "Paul Veradittakit, Partner at Pantera Capital, told CryptoX in a statement. “Leading guilds like Ancient8 are the easiest gateway into blockchain gaming today, with the potential to become

Read More

First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors

Good morning. Here’s what’s happening:Market moves: Bitcoin and ether go down and then up; altcoin prices are mixed.Technician's take: BTC appears oversold into the Asia trading day, but upside remains limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,463 +0.8%Ether (ETH):

Read More

First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs

Good morning. Here’s what’s happening:Market moves: Bitcoin's price hovered above $43,000 as investors looked for signs that the cryptocurrency's price had hit a bottom point.Technician’s take: Support remains intact, which could keep BTC buyers active over the short term.Catch the latest episodes of CryptoX TV for insightful interviews with crypto

Read More

First Mover Asia: Bitcoin Erases Prior Days' Gains; Altcoins Slide

Good morning. Here’s what’s happening:Market moves: Bitcoin's price slid in tandem with tech stocks.Technician’s take: BTC downside could persist into the Asia trading day; support around $40K.Catch the latest episodes of CryptoX TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin (BTC): $42,581 -3.2%Ether (ETH): $3,250 -3.5%MarketsS&P 500: $4,659

Read More

First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation Reassurances

Good morning. Here’s what’s happening:Market moves: Bitcoin led a broad crypto recovery ahead of the U.S. CPI release.Technician’s take: Buyers started to return to the market, although the upside seemed limited to the $45,000 level.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin

Read More

First Mover Asia: Bitcoin Below $40K Before Regaining Ground; Altcoins Fall

Good morning. Here’s what’s happening:Market moves: Bitcoin fell below $40,000 briefly as U.S. stocks continued to drop thanks to a newly hawkish Federal Reserve.Technician’s take: BTC buyers could respond to short-term oversold signals, although upside appears limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders

Read More