Latest from Damanick Dantes
First Mover Asia: Bitcoin Set to Close Week Underperforming Major Japan, China Stocks
Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic environment; cryptos were mixed.
Market Wrap: Cryptos Recover, With Altcoins in the Lead
BTC was roughly flat over the past 24 hours, compared with a 6% jump in WAVES and a 3% rise in AAVE.
Bitcoin Stabilizes at $43K Support; Resistance at $45K-$48K
Range-bound price action could persist for a few days.
First Mover Asia: South Korea's 'Kimchi Premium' Evaporates; Major Cryptos Tumble on Fed Minutes, Continued Global Uncertainty
The gap between bitcoin prices on Korean crypto exchanges and global counterparts has declined from 20% to about 3% over the past year; bitcoin and ether tumbled.
Market Wrap: Altcoins Underperform as Traders Reduce Risk
BTC and stocks traded lower after Federal Reserve minutes signaled aggressive monetary tightening could be coming.
First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop
Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown uncomfortable with the scale of this arrangement; bitcoin and ether fall.
Market Wrap: Bitcoin and Stocks Briefly Dip After Fed Comments; DOGE Rallies
BTC was roughly flat over the past 24 hours, compared with a 17% rise in dogecoin.
Bitcoin Range-Bound; Support at $43K-$45K
Buyers could remain active on pullbacks into the Asia trading day.
First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat
A report by the crypto exchange Gemini found that about two in five Indonesians own cryptocurrencies; ether also held its ground.
