Asia

First Mover Asia: Bitcoin Slides Under $42K; Altcoins Fall

Good morning. Here’s what’s happening: Market moves: Bitcoin’s price drops below $42,000 on continued concerns about macroeconomic conditions. Technician’s take: BTC Buyers could remain active into the Asia trading day as momentum improves. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $41,866 -1.4% Ether … Read moreFirst Mover Asia: Bitcoin Slides Under $42K; Altcoins Fall

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

Vietnam-based gaming guild Ancient8 announced today that it had closed a $4 million seed round, the company said on Wednesday. The seed round was led by Dragonfly Capital, Pantera Capital, Hashed. Ancient8 says it will use the funds to form a Decentralized Autonomous Organization (DAO) in order to further build the community around play-to-earn games. … Read moreSoutheast Asia Focused Gaming Guild Ancient8 Raises $4M Seed Round

First Mover Asia: Bitcoin Is Off on US Holiday and Could Fall Further

Good morning. Here’s what’s happening: Market moves: Bitcoin dropped below $42,000; ether and most other, major altcoins also fell. Editor’s Note: Because of the U.S. Martin Luther King holiday, First Mover Asia is substituting a recent column on DeFi by CoinDesk Chief Content Officer Michael Casey for the usual Technician’s Take. Catch the latest episodes … Read moreFirst Mover Asia: Bitcoin Is Off on US Holiday and Could Fall Further