The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.
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Crypto Exchange Zipmex Files for Two-Month Moratorium Extension
The request comes after an investor failed to maintain payments to the exchange.
First Mover Asia: Arthur Hayes Sees a 'Balkanization of Finance' Coming Soon as Crypto Rallies
ALSO: Asia-Based Traders Push Bitcoin Past $30K
Multicoin Leads $4M Strategic Round for Web3 Co-Ownership Platform Lore
The platform, now in public beta, allows groups of people to share non-fungible tokens (NFT) for expanded access and utility.
Dogecoin Drops After Elon Musk's Twitter Stops Using Its Dog Logo
DOGE surged on April 3 after Elon Musk's social-media company inexplicably removed its blue bird logo, replacing it with dogecoin's mascot.
Crypto Exchange Bitget Starts $100M Asia-Focused Web3 Fund
The firm started its fund as more crypto projects seek non-U.S. jurisdictions.
First Mover Asia: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says
ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.
Do Kwon's Millions Are Not in South Korea, Prosecutors Say: Report
South Korea has requested the extradition of the Terraform Labs CEO after his recent arrest in Montenegro.
Bank of England Targets 30-Strong Team for Digital Currency: Report
Among the positions available are digital pound security architect and digital pound solutions architect.
First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?