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Latest from Muyao Shen
First Mover Asia: Bitcoin Rally Stalls After US Central Bank Chair’s Comments; Ether Rises
The largest cryptocurrency by market capitalization saw three consecutive days of healthy gains end after Jerome Powell signaled that the U.S. Federal Reserve might accelerate the ending of its easy-money policies; ether approaches $4,800 before falling back.
UST Stablecoin Demand, DeFi Incentives Drive Terra’s LUNA to New All-Time High
Following a network upgrade in October, it’s the second time this month LUNA has logged record highs.
First Mover Asia: Bitcoin Rebound Continues Into Third Day Amid Lessening Omicron Fears
Ether and all but one other altcoin ranked among CoinDesk’s top 20 by market cap also rose.
First Mover Asia: Bitcoin, Altcoins Rebound From ‘Black Friday’ Plummet
Bitcoin rose past $57K on Sunday, although investors are nervously eyeing the spread of the omicron variant of the coronavirus.
First Mover Asia: What Holiday? Bitcoin Soars Past $59K Amid Brisk Trading
Ether rose more than 6% and altcoins GALA, SAND, MANA and SHIB were among other winners on the day.
First Mover Asia: Bitcoin Falls in Pre-Holiday Trading; Ether Drops
A recovery in the tether-yuan pairing suggests the Chinese market is slowly recovering from the country’s crypto trading ban in September.
SHIB Slumps as Large Holders Take Profits
Although retail traders’ interest in the token remains strong, an increasing number of wallets with significant holdings have reduced their SHIB positions.
First Mover Asia: Bitcoin Edges Toward $58K; Altcoins Recover From 7-Day Lows
The dominance of the largest cryptocurrency by market capitalization dipped to 42%, far off its October high.
Binance Freezes Doge Withdrawals as Users Report Being Asked to Return Coins They Don’t Have
Binance users say that the crypto exchange is not allowing them to make any withdrawals until they return the DOGE.
First Mover Asia: Bitcoin in $65K Range as Trading Volume Slows
Some analysts see the coming Taproot upgrade spurring an additional bitcoin price increase following this week’s surge.
