First Mover Asia: Amazon’s Web3 Foray Will Be a Compliance Nightmare; Bitcoin Tops $23.9K
The retail giant’s initiative, especially in NFTs, may force some regulatory clarity for digital assets. Cryptos surge in Sunday trading. Source
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Asia
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; Bitcoin's price rises back past $21K. Source
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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. Source
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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. Original Source
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Asia Express – Cointelegraph Magazine
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huobi’s disgruntled employees According to local media reports, cryptocurrency exchange Huobi Global has terminated all year-end employee bonuses and benefits, as well as axed its entire
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First Mover Asia: The Next Avraham Eisenberg Isn’t Going to Be a ChatGPT Powered ‘Script Kiddie’
First Mover Asia: The Next Avraham Eisenberg Isn’t Going to Be a ChatGPT Powered ‘Script Kiddie’ Original Source
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First Mover Asia: Bitcoin Eclipses $17K, Breaking Out of Three-Week Trading Range
Since mid-December, bitcoin had failed to finish a trading day (universal coordinated time or UTC basis) over $17,000, and now analysts wonder if the largest cryptocurrency has formed a market bottom after a horrendous 2022. Original Source
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First Mover Asia: Bitcoin, Ether Continue Their Rapid Descent in Volatility
Bitcoin and ether, the two largest cryptocurrencies by market volume, held steady within the narrow ranges they've occupied since mid December. Source
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First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data
ALSO: Japanese gaming company Square Enix’s commitment to invest in Web3 initiatives is rare in a country, whose regulations about anything that seems like gambling are daunting; bitcoin rises. Source
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First Mover Asia: Bitcoin Retreats Further Into the Gloom
The largest crypto by market capitalization dropped below $16.5K at one point on Wednesday. ALSO: CoinDesk research analyst George Kaloudis ranks his top five industry annoyances, and FTX tops the list. Original Source
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