First Mover Asia: Crypto Flat as Markets Await Tech Earnings

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Good morning, Asia. Here's what's happening in markets: 1. Bitcoin, ether trade flat ahead of tech earnings. 2. Do Kwon is in trouble, but his lawyers have raised a reasonable point about crypto regulation. TheSamReynolds writes

Rep. Warren Davidson joined"First Mover" to discuss the future of U.S. crypto regulation and explained why he wants to restructure the Securities and Exchange Commission and called for the removal of SEC Chair Gary Gensler. This came as bitcoin is falling for the third straight day and touched a 24-hour low of $27,844.46.

PV01 CEO Max Boonen and Crypto is Macro Now economist Noelle Acheson also joined the conversation. Acheson is also the former head of research at CoinDesk and Genesis Trading.From Solana phones to the future of U.S. crypto policy, here’s what to look out for at crypto’s Big Tent event – Consensus.The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so that they can hedge against the currency's volatility.

 

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