First Mover Asia: Bitcoin Retreats, Quickly Regains $30K Perch as Investors Mull ETF Timing, Inflation

The market remains optimistic about the future of a spot bitcoin ETF in the U.S., as bitcoin (BTC) maintains the key $30,000 level. Quinn Thompson, Maple head of growth and capital markets, shared his crypto markets analysis. Plus, Hut 8 CEO Jaime Leverton joined “First Mover” after the North American digital asset miner secured up to $50 million in loans from Coinbase Credit to fund its operations. And, RockX founder and CEO Zhuling Chen explained why Singapore nabbed second place in CoinDesk’s Crypto Hub 2023 rankings.

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• Source: https://www.coindesk.com/markets/2023/06/29/first-mover-asia-bitcoin-retreats-quickly-regains-30k-perch-as-investors-mull-etf-timing-inflation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines