First Mover Asia: Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Good morning. Here’s what’s happening this morning: Market moves: Bitcoin rose following gains in the traditional market. Technician’s take: Bitcoin is attempting to reverse its weekend sell-off, although upside appears limited. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $50,529 -.10% Ether (ETH): $4,303 … Read moreFirst Mover Asia: Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Crypto News Roundup for Dec. 7, 2021

This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis. Today’s Stories: First Mover Asia: Bitcoin Tops $50K, Ether, Other Altcoins Rise Bitcoin Technical Indicator Suggests Low Probability of ‘Santa Rally’ Blame the Bitcoin Bond? El Salvador’s Dollar-Denominated Debt Slides Stock Futures Jump as Omicron Fears Ease European stocks rise after Wall Street … Read moreCrypto News Roundup for Dec. 7, 2021

Chinese Crypto News Site ChainNews Shuts Down

ChainNews, one of China’s top crypto news sites, shuttered its operations today, co-founder Feng Liu told CoinDesk in a Twitter message. Earlier Friday the co-founder announced the closure in his personal WeChat moments, according to a screenshot obtained by CoinDesk. On Nov. 15, ChainNews said its website would be down for maintenance for a few … Read moreChinese Crypto News Site ChainNews Shuts Down