First Mover Asia: Bitcoin Continues to Look East for Strength
A busy economic week in China with plenty of data releases scheduled might be what it takes to get bitcoin out of its slump.
Markets
First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin
ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi’s potential unveiling of a new Hong Kong exchange, and said that the city’s evolving approach to digital asset licensing could shift attitudes in mainland China.
Bitcoin Holds Strong Over $23.6K to Continue Recent Consolidation
DeFi giant Maker’s MKR token surged nearly 19%. Equities turned mixed amid ongoing investor worries about inflation.
Crypto Options Exchange Deribit To Offer Bitcoin Volatility Futures
Futures tied to Deribit’s bitcoin volatility index, DVOL, will go live at the end of March.
Crypto Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge
Stacks’s STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month.
First Mover Asia: NFTs Have a ‘Digital First Sale’ Problem
ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000.
First Mover Asia: Bitcoin Stays Rooted Near $23.5K
ALSO: Sam Reynolds writes about the complicated relationship between layer 1 blockchain Coinflux’s CFX token and China and asks if it has triple-digit growth potential; bitcoin ticks down but holds near $23.5K.
Crypto Broker Voyager Digital Sends $121M in Crypto to Exchanges, Sells Ether, Shiba Inu Holdings
Blockchain transaction data by Arkham Intelligence shows that Voyager Digital transferred some $121 million of crypto assets to exchanges in February and received some $150 million in USDC stablecoin in the last four days.
Start of the End? Testnet Goerli Ether Spikes to $1.60 as Traders Jump on Opportunity Meant for Developers
LayerZero offered developers a way to get their hands on intrinsically worthless gETH tokens for testing purposes – but traders jumped on that opportunity, leading to an uncannily high-valued market.
First Mover Asia: Solana in the Green After Weekend Deep Freeze
ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts; bitcoin’s price rises.