Current Date:February 24, 2025

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First Mover Asia: BTC Spikes Over $22.8K; DappRadar’s Complicated Valuation Model and the Difficulties of Assessing NFTs

Good morning. Here’s what’s happening: Prices: Bitcoin rises over $22.8K; ether soars past $1.6K on Merge optimism. Insights: DappRadar...

Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs

Buenbit, an Argentina-based crypto exchange with operations in Mexico and Peru, launched a local currency loan product Monday that...

US Treasury Open to Nonbanks Issuing Stablecoins, Official Says

As Congress considers a path for nonbanks to be allowed to issue stablecoins, Nellie Liang, the U.S. Treasury Department’s...

Celsius Bankruptcy Filings Hint Retail Customers Will Bear Brunt of its Failure

Liquidity-strapped crypto lender Celsius Network filed for Chapter 11 bankruptcy protection in the Southern District of New York on...

Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker...

The ‘Merge Trade’ Has Begun, Experts Say, as Ether Surges And stETH Discount Narrows

Renewed clarity about the timeline of programmable blockchain Ethereum's highly-anticipated "merge" upgrade, dubbed Ethereum 2.0, seems to have ...

Indian Finance Minister Echoes Central Bank’s Crypto Ban Call, but Says Global Collaboration Is Required

Indian Finance Minister Nirmala Sitharaman has reiterated the stance of India's central bank (Reserve Bank of India or RBI)...

First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018

Good morning. Here’s what’s happening: Prices: Bitcoin falls under $21K; ether is flat. Insights: The ICO crypto crash of...

Bitcoin’s Up, Gold’s Down, the Euro Is Dragging – and It’s All Inexorably Tied

The U.S. The Bureau of Labor Statistics released the consumer price index (CPI), the “inflation number,” for June this...

Market Wrap: Bitcoin Erases Weekly Losses, but Risks Remain

Hi, I'm Jimmy He, here to take you through the day's crypto market highlights and news. Bitcoin (BTC) climbed...

Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage

In a letter sent to the U.S. Environmental Protection Agency (EPA) and the Department of Energy (DOE), a small...

First Mover Asia: It Won’t Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says

Good morning. Here’s what’s happening: Prices: Bitcoin rises alongside U.S. stocks. Insights: Yuankai Lin, a Partner at RPC Singapore,...

No, Mt. Gox Payouts Aren’t Going to Torpedo Bitcoin’s Price

As Voyager Digital and Celsius Network customers scream, “Where the hell’s my money?” Mt. Gox creditors must feel like...

Ethereum’s Shadow Fork 9 Goes Live in Lead-up to the Merge

Ethereum’s ninth shadow fork went live as the network continues to test its imminent transition from a proof-of-work to...

Crypto Traders See Few Tailwinds for Bitcoin Prices Despite Inflation Gauge Alarms

Bitcoin (BTC) added 2.4% in the past 24 hours in a sign of resilience after briefly losing the $19,000...

BTC Shows Resilience Despite Widespread Risk Aversion and Celsius’ Bankruptcy Filing

Good morning, and welcome to First Mover. I’m Lyllah Ledesma, here to take you through the latest in crypto...

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