Cryptocurrency Analysis and News Portal
(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin’s relief rally” appears to be temporary, after major central banks announced plans to battle high inflationTechnician’s take: Bitcoin could see a brief price bounce, although sellers remain in control.Catch the latest episodes of CryptoX TV for insightful interviews
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Key trend 2021: traders tend to trade on multiple markets to find more arbitrage opportunities across Asia and Europe in particular. During the event we will:- talk about the current market structure: how it changed to support institutional participants- highlight market access challenges and issues around connectivity- discuss liquidity and
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(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin fell as investor jitters grew over the upcoming Fed decision on combating inflation.Technician’s take: A breakdown in BTC could damage the intermediate-term trend despite oversold signals.PricesBitcoin (BTC): $46,963 -6.7%Ether (ETH): $3,800 -8.75%MarketsS&P 500: $4,668 -0.9%Dow Jones Industrial
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(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin returned above $50,000 after the S&P 500 rose to a near record high.Technician’s take (Editor’s Note): First Mover Asia replaces the usual Technician’s Take today with CryptoX’s annual list of the most influential people in cryptocurrency. This year’s
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Good morning. Here’s what’s happening this morning:Market moves: Bitcoin moved little, while the “tether premium” dropped as Huobi’s deadline approaches.Technician’s take: Long-term momentum is starting to fade, which could limit price gains this month. For now, BTC is holding support above $53K.Catch the latest episodes of CryptoX TV for insightful
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Thailand startup Bitkub Capital Group Holdings, founded in 2018, hit unicorn status last month notching up a valuation of over $1 billion. Now the crypto exchange intends to expand over Malaysia, the Philippines, and Laos, aiming to become “the Coinbase of Southeast Asia”, said the chief executive officer Jirayut Srupsrisopa. The
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Good morning. Here’s what’s happening this morning:Market moves: Crypto markets opened December with mixed performances as traders remain in a wait-and-see mode.Technician’s take: BTC’s uptrend is intact with improving price momentum. Downside appears to be limited around the $53K-$55K support zone.Catch the latest episodes of CryptoX TV for insightful interviews
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Good morning. Here’s what’s happening this morning:Market moves: Bitcoin dropped on U.S. Fed Chair Powell’s comment, while ether gained more market share.Technician’s take: Support levels remain intact, which could establish a tight trading range between $55,000-$60,000 BTC into the Asian trading day.Catch the latest episodes of CryptoX TV for insightful
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Good morning. Here’s what’s happening this morning:Market moves: Bitcoin broke above $59,000 with at least one analyst expecting a “healthy” holiday rally. Technician’s take (Editor’s Note): On account of the U.S. Thanksgiving holiday, today’s First Mover Asia will include a column in place of the usual Technician’s take.Catch the latest
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Good morning. Here’s what’s happening this morning:Market moves: Bitcoin remains around $57,000 a day before the U.S. Thanksgiving holiday while tether’s discount to the Chinese yuan mostly recovers from the extended shock of China’s September crypto trading ban.Technician’s take: Initial signs of downside exhaustion could stabilize the intermediate-term uptrend from
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