4 / 4 Relevant items tagged with #Asia

Posts

Bitcoin aims for $25K as institutional demand increases and economic data soothes investor fears

[Jan 30, 2023 1:42 PM] Strong corporate earnings and investors’ anticipation of a Federal Reserve pivot are helping to cement the case for risk assets like Bitcoin.

$1.48B in Bitcoin options expire on Friday — Will BTC hold $22K?

[Jan 25, 2023 12:09 PM] BTC price has started to correct, and with $1.48 billion in Bitcoin options expiring on Jan. 27, traders are watching to see if the price holds above $22,000.

Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K

[Jan 23, 2023 4:04 PM] Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”

Asian Traders Behind Most Of Bitcoin’s Recent Gains, Report Reveals

[Jan 18, 2023 3:00 PM] Data shows most of Bitcoin’s recent gains since November 27 have been observed during Asian trading hours, according to a report. Bitcoin Saw The Most Returns During Asian Trading Hours As per the latest weekly report from Arcane Research…

Hashkey Capital Raises $500 Million for Its Third Fund, Despite Crypto Market Downturn

[Jan 17, 2023 10:30 PM] On Tuesday, global asset manager Hashkey, which focuses on crypto and blockchain investments, announced that it has closed its third fund at $500 million. The company’s “HashKey Fintech Investment III” is dedicated to developing…

Bitcoin holds $20K while flirting with a neutral futures premium for the first time in 6 months

[Jan 17, 2023 1:45 PM] Global and U.S. economic data and a few BTC derivatives-related metrics could determine whether Bitcoin retests the $20,000 level in the short-term.

Bithumb ordered to pay outage damages to investors by South Korean court

[Jan 16, 2023 4:18 AM] A ruling from local courts has Bithumb liable to pay just over $200,000 in damages to the 132 investors which filed against the cryptocurrency exchange.

Crypto regulation world: How laws for digital assets changed in 2022

[Jan 4, 2023 12:56 PM] While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption.

$16K retest the most likely path for Bitcoin, according to 2 derivative metrics

[Dec 19, 2022 3:48 PM] Top traders' long-to-short ratio and stronger demand for stablecoins in Asia indicate higher odds of further price correction.

Amber Group raises $300M to recover from FTX contagion

[Dec 16, 2022 3:59 AM] The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default.

Hong Kong Stock Exchange’s First Bitcoin Futures ETF Receives $53 Million Initial Investment

[Dec 15, 2022 11:24 AM] The futures ETF will be the first of its kind available in Asia according to the asset manager, CSOP.Investors in the Hong Kong Stock Exchange will be able to trade the CSOP Bitcoin Futures ETF (3066.HK) starting December 16 according to a press…

Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K

[Dec 12, 2022 12:21 PM] All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run to $18,000.

Pakistan launches new laws to expedite CBDC launch by 2025

[Dec 5, 2022 2:19 AM] The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years.

Avalanche to power Alibaba Cloud's infrastructure services in Asia

[Dec 3, 2022 4:50 AM] Avalanche’s partnership with Alibaba Cloud will see the development of tools that enable users to launch validator nodes on Avalanche's public blockchain platform in Asia.

Uzbekistan issues first crypto licenses to two local ‘crypto stores’

[Nov 25, 2022 12:58 AM] Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens.

Could Hong Kong really become China’s proxy in crypto?

[Nov 17, 2022 9:13 AM] With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch.