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First Mover Asia: Bitcoin Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher

Ether climbs back above $4,100 but the direction of crypto markets at the start of the week remains uncertain.

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US Inflation Hit Highest Level Since 1982 in November, Up 6.8% From a Year Ago, Stellar Foundation CEO on US Crypto Regulation

“First Mover” hosts are joined by Stellar Development Foundation CEO and Executive Director Denelle Dixon for a review of Wednesday’s congressional hearing with crypto CEOs, as well as her take on the U.S. crypto regulation outlook. VanEck Head of Digital Assets Research Matthew Sigel provides market insights as the U.S. CPI number hit the highest in 39 years in November. Plus, CoinDesk Global Policy and Regulation Managing Editor Nik De sat down with one of the winners for CoinDesk Most Influential of 2021, Wyoming Senator Cynthia Lummis.

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First Mover Asia: Bitcoin Falls Below $49K as Trading Volume Weakens, Altcoins See Red

Bitcoin’s drop-off coincides with a strengthening U.S. dollar; ether declines.

A skier falls. (Clive Rose/Getty Images)

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Crypto CEOs Defend Industry as Congress Weighs Regulation, Terraform Labs Co-founder and CEO Do Kwon on Future Plans

“First Mover” hosts speak to CoinDesk Managing Editor for Global Policy & Regulation Nikhilesh De on the key takeaways from Wednesday’s hearing where House Financial Services Committee members questioned crypto executives. Terraform Labs Co-founder and CEO Do Kwon is named top 10 of CoinDesk Most Influential this year. Kwon explains the plans for his company. Plus, market insights from Ava Labs President John Wu and the latest development from the Polygon network.

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First Mover Asia: Bitcoin Holds Steady as Crypto CEOs Testify, Ether Climbs

CEOs from six major crypto firms spoke before the U.S. House Financial Services Committee; stocks rose amid fading Omicron concerns.

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Crypto CEOs Testify on Capitol Hill

Top executives from the crypto industry are testifying before the House Financial Services Committee. The hearing entitled “Digital Assets and the Future of Finance: Understanding Innovation in the United States” will feature testimony from: Circle Chairman and CEO Jeremy Allaire, FTX CEO and Founder Sam Bankman-Fried, Bitfury Group CEO Brian Brooks, Paxos Trust Company CEO Charles Cascarilla, Stellar Development Foundation CEO Denelle Dixon, and Coinbase Inc. CEO Alesia Jeanne Haas.

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Nexo Partners With Fidelity Digital Assets to Expand Institutional Access to Crypto, Crypto CEOs to Testify Before Lawmakers Weighing Greater Regulation

“First Mover” hosts speak to Nexo Co-founder and Managing Partner Kalin Metodiev as the firm partners with Fidelity digital assets to expand institutional access to crypto. MoonPay Co-founder & CEO Ivan Soto-Wright provides insights into its latest funding round that values the company at $3 billion. Crypto CEOs are testifying in front of lawmakers today. CoinDesk’s Managing Editor for Global Policy & Regulation, Nikhilesh De, brings us the latest from the hearing. Plus, CoinDesk Chief Insights Columnist David Z. Morris speaks to one of CoinDesk’s Most Influential winners, Strike CEO Jack Mallers.

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

Blockchain data now indicates that the market crash over the weekend resulted from a “weak hand purge.”

ALAJUELA, COSTA RICA - JANUARY 15:  A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches.  (Photo by Dan Kitwood/Getty Images)

Videos

Bitcoin Outlook as Price Breaks $50K, CoinDesk’s ‘Most Influential 2021’ Winners Announced

Announcing CoinDesk’s “Most Influential 2021” winners! Most Influential is an annual list of people who defined the year in crypto. Managing Editor Ben Schiller reveals who the top winners are and why they made the list. Also joining are Huobi Brokerage Director Victor Wei with markets analysis and Michael Bouhanna of Sotheby’s discusses art in the metaverse.

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First Mover Asia: Bitcoin Tops $50K, Ether, Other Altcoins Rise

Bitcoin trading volume was down for the second consecutive day,

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