(Edited by James Rubin) Good morning. Here’s what’s happening: Market moves: Bitcoin moved little, as the market activity was muted over the holiday weekend in the U.S. Technician’s take (Editor’s note): Technician’s Take is taking a holiday hiatus. In its place, First Mover Asia is publishing the fourth in a series of stories on the […]
Archives for December 2021
Why Portfolio Managers Will Need to Look at Altcoins in 2022
With 2021 just about in the rearview mirror, it’s a good time to reassess the notion that cryptocurrency is still a risk-on asset class. After all, crypto’s risk will help determine how to allocate assets in 2022. For many traders, the massive selloff of March 2020 is still a memory, be it one of great […]
Consultants Are Entering the Metaverse – Literally
Animoca-owned metaverse The Sandbox is heralding the arrival of the suits: in this instance, consulting firm PwC Hong Kong. The Sandbox team said Thursday that the business consultancy bought some LAND, virtual real estate represented as a non-fungible token (NFT). A PwC Hong Kong representative wouldn’t specify which plot it bought or for how much. […]
Turkey President Erdogan to Send Crypto Law to Parliament: Report
Turkey’s President Recep Tayyip Erdoğan will send a crypto law to the country’s parliament, two European publications, ABC Gazetesi and the Daily Sabbah reported Friday. “The law is ready, we will send it to the Parliament soon without delay,” Erdogan told journalists in Istanbul, according to the ABC Gazetesi. Bitcoin and other cryptocurrencies have grown […]
Planning for a Better Breed of DOGE: Dogecoin Foundation Lays Out First-Ever Roadmap
The Dogecoin Foundation, a nonprofit organization that aims to support the development of the memecoin through advocacy, has launched its first-ever roadmap detailing a number of new projects. The foundation announced a Dogecoin “trailmap” which is explores eight projects including the launch of LibDogecoin and GigaWallet. This is the first such roadmap released by the […]
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