Asia


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Bitcoin Bounces Back Above $53K After Last Week’s Pullback

Bitcoin recovered about one-third of the recent decline from $64.8K to nearly $47K, but what’s behind the bounce? According to Kapil Rathi, CEO of CrossTower, the rise in price could be attributed to various factors, including increased retail investment, decreased leverage in the Asian markets, and signs that institutions bought the dip.

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Gustung-gusto ng Mga May hawak ng CHZ ng Chiliz ang Mga Pangit na Siko – At ang 20-Tulang Nadagdag sa Presyo noong 2021

Hindi ito eksaktong Rumble in the Jungle, ngunit ang labanan sa pagitan ng British featherweight fighter na si Brendan Loughnane at Sheymon Moraes ng Brazil ay maaaring gumawa ng kasaysayan ng Cryptocurrency .

British MMA fighter Brendan Loughnane, after a bout in Australia in 2012.

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Blockchain’s Green Efforts and Crypto Carbon-Nomics in Asia

Asia’s no slouch when it comes to environmentally friendly initiatives in its blockchain industries. These are the latest green crypto trends in this region, from institutions wanting carbon-neutral bitcoins to tokenizing carbon credits. In the DeFi space, Conflux launches a new platform that aims to bridge the gap between ecosystems in the East and the West. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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ASEAN+1 Pledge to Advance Blockchain; PayPal to Launch Wallet in China

Blockchain and fintech groups in five ASEAN countries and Australia sign memos to advance blockchain innovation together. The consortium hopes to engage regional regulators as blockchain draws more attention from institutions. PayPal announces plans to launch a new domestic wallet in China, with a focus on cross-border payments.

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South Korea Kicks Off New Crackdown on Illicit Crypto Activities

South Korean authorities are now targeting all illicit crypto activities in the country during a special enforcement period from April to June. “The Hash” panel suggests why this might be a big turnaround for Korea in its position as a major global hub for cryptocurrencies.

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Dogecoin Frenzy Spreads in Asia; Indian Exchange Logs 15x Traffic

The meme-fueled froth for Dogecoin spreads to Asia as it nips at the tail of XRP. Meanwhile, Asian exchanges record staggering surges in traffic and Doge trading volumes. Regulators follow the heated crypto space closely with South Korea announcing a “pan-governmental crackdown period” on illicit virtual asset use.

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Inilunsad ng Conflux ang Cross-Chain Bridge upang Ikonekta ang Pinakamalaking Crypto Exchange sa Asya

Ang mga user sa Ethereum, Binance Smart Chain, Huobi ECO Chain o OKEx Chain ay makakapag-convert ng mga digital asset sa ONE sa mga network na ito sa isang magkaparehong asset sa ibang chain.

Conflux co-founder and CEO Fan Long (Conflux)

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China Calls Crypto an ‘Investment’; Crypto Demand Bounces Back in Asia

China gives the “alternative investment” label to crypto and hints at reserving a seat for digital assets in the country’s digital economy. Meanwhile, exchanges in Asia recover from crypto’s weekend price crash and see spikes in bitcoin long orders. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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IMF Wants More Crypto Supervision in the Philippines

Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges are left unchecked and potentially abused for financial crimes. That as China extends tests of its digital currency to its free trade zone, Hainan Province.

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Asian DeFi Picks Up Steam; Hong Kong Scammers Use Crypto as Bait

The DeFi wave continues to rise in Asia: XRP dives deeper into DeFi with Wanchain integration while a top bank in Thailand ventures into the nascent ecosystem and more cases of online fraud are found in Hong Kong. The suspects are believed to have used false promises of crypto investments to lure their victims.

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