| Date | Title | Description |
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| Jun 6, 2022 | First Mover Asia: Bitcoin and Other Cryptos Tick Up in Weekend Trading | Good morning. Here’s what’s happening:
Prices: Bitcoin and other major cryptos trade rise slightly.
Insights: Stablecoins face increasing scrutiny.
Technician's take: Bitcoin is weighed down by resistance at $34,000 and support at $20,... |
| May 19, 2022 | Bitcoin Returns Above $30K, Resistance at $35K | Bitcoin (BTC) held short-term support above $27,500 as buyers reacted to oversold conditions on the charts. The cryptocurrency could face resistance at $35,000, which is where the current downtrend accelerated earlier this month.
BTC was tr... |
| May 19, 2022 | First Mover Asia: KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain | Good morning. Here’s what’s happening:
Prices: Bitcoin recovers somewhat; most other cryptos are in the green.
Insights: KuCoin will use part of its $150 million capital raise to increase DeFi activity on its blockchain.
Technician's t... |
| May 12, 2022 | First Mover Asia: Terra’s Planetary Collapse Is Taking Down Crypto Lending, Altcoins Plummet | Good morning. Here’s what’s happening:
Prices: Bitcoin struggles; altcoins fare worse.
Insights: Terra's implosion threatens crypto lending protocols.
Technician's take: BTC is oversold and could see a short-term relief bounce.
Ca... |
| May 12, 2022 | Bitcoin Holding Support Above $27K; Resistance at $35K-$40K | Bitcoin (BTC) appears to be oversold on the charts, which typically precedes a short-term upswing in price.
The cryptocurrency declined toward $25,400 before quickly recovering back above the $27,000 support level. BTC is down by 2% over th... |
| May 2, 2022 | First Mover Asia: Why the Metaverse Is a Potemkin Village | Good morning. Here’s what’s happening:
Prices: Bitcoin and ether are flat, but most other major cryptos decline.
Insights: The metaverse offers the illusion of success; the reality is different.
Technician's take: A decisive breakout o... |
| May 1, 2022 | First Mover Asia: Singapore’s Distaste for Retail Crypto Spooks Institutional Money | Good morning. Here’s what’s happening:
Prices: Bitcoin returned to where it started the weekend.
Insights: Singapore's growing crypto regulatory scrutiny has raised concerns among institutional investors.
Technician's take: BTC... |
| Apr 28, 2022 | First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC | Good morning. Here’s what’s happening:
Prices: Bitcoin and ether rise again; other major cryptos are mostly in the green.
Insights: Hong Kong wrestles with the need for a central bank digital currency.
Technician's take: BTC's cur... |
| Apr 25, 2022 | First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500 | Good morning. Here’s what’s happening:
Prices: In a slow but surprisingly volatile session, bitcoin fell to a six-week low around $38,200 before quickly recovering back above $40,000.
Insights: Crypto had a slow start to the week in Asia am... |
| Apr 13, 2022 | First Mover Asia: Crypto's Delicate Position in China, India; Bitcoin, Ether Rise | Good morning. Here’s what’s happening:
Prices: Bitcoin and other major cryptos rise to break from recent bearishness.
Insights: The environment has grown less favorable for crypto in China and India, although the industry still has some rea... |
| Apr 11, 2022 | First Mover Asia: Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K | Good morning. Here’s what’s happening:
Prices: Bitcoin, ether and other major cryptos continued their recent dive amid growing concerns about inflation and recession.
Insights: Former Mt. Gox CEO tries to reinvent himself with the ratings p... |
| Apr 11, 2022 | Bitcoin Approaches Support Zone at $37K-$40K | Bitcoin (BTC) is extending its pullback that began on March 28 after buyers failed to break above the $48,000 resistance level.
The cryptocurrency is not yet oversold, although lower support at $37,500 and $40,000 could stabilize the down m... |
| Apr 7, 2022 | First Mover Asia: Bitcoin Set to Close Week Underperforming Major Japan, China Stocks | Good morning. Here’s what’s happening:
Prices: Bitcoin and ether were roughly flat over the past 24 hours.
Insights: Bitcoin has been underperforming major Asian stock indices amid investors' concerns about interest rate hikes and unce... |
| Apr 3, 2022 | First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday | Good morning. Here’s what’s happening:
Prices: Bitcoin and other major cryptos dipped early over the weekend but regained ground and were up late Sunday.
Insights: DBS Bank's decision to abandon its retail crypto plans did not affect a... |
| Mar 29, 2022 | First Mover Asia: BC Technology Group’s Crypto Platform Made Big Gains in 2021. So Why Are Investors Unimpressed? | Good morning. Here’s what’s happening:
Insights: Revenue at BC Technology Group's OSL crypto assets platform, which accounts for most of its business, rose significantly but the company's share price has lagged bitcoin and other a... |
| Mar 8, 2022 | First Mover Asia: Singapore's Strict Approach to Crypto; Bitcoin Rises Despite Investors' Jitters About War, US Executive Order | Good morning. Here’s what’s happening:
Prices: Bitcoin and ether rose slightly but investors nervously awaited the next turn in Ukraine and a long-awaited crypto executive order by U.S. President Joe Biden
Insights: Singapore's strict ... |
| Feb 28, 2022 | First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto | Good morning. Here’s what’s happening:
Markets: Bitcoin, ether and other major cryptos rise, even as the U.S. looked to hamstring Russian from using crypto to evade sanctions.
Insights: CBDCs won't help Russia evade economic sanctions.... |
| Feb 27, 2022 | First Mover Asia: BitMEX Saga Concludes, but We'll Never Know if DOJ Overreached; Cryptos Tumble as Russia Bores Into Ukraine | Good morning. Here’s what’s happening:
Weekend Prices: Bitcoin and other cryptos fell significantly as the war in Ukraine escalated.
Technician's take: Investors are likely to remain active trading between $30,000 and $46,000.
Catch th... |
| Feb 25, 2022 | Bitcoin Price Jump Faces Resistance at $40K-$46K; Support at $35K | Bitcoin (BTC) experienced a sharp reversal on Thursday, and extended gains into Friday. For now, selling pressure has faded, which means buyers could remain active between the $30,000 and $46,000 range.
BTC returned above $38,000 and is up ... |
| Dec 14, 2021 | First Mover Asia: Crypto Traders Laying Low While Fed Ponders; Bitcoin, Ether Gain | (Edited by James Rubin)
Good morning. Here’s what’s happening this morning:
Market moves: Bitcoin moved above $47,000 a day before a Fed decision on combating inflation.
Technician’s take: Bitcoin’s tight price range could persist into the ... |
| Jun 30, 2021 | Market Wrap: Bitcoin Outperforms Top Cryptocurrencies in June | Bitcoin traded lower on Wednesday as traders took profits into the June close. The world’s largest cryptocurrency is on track for a record second-quarter price drop of 41%, snapping a four-quarter winning streak that saw prices chart a sixf... |