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First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism

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Bitcoin (BTC) has seen a 20% price gain since last Thursday, but could now take a breather. 21.co co-founder and CEO Hany Rashwan sharesd his crypto markets analysis. This comes as the Nevada Department of Business and Industry said crypto custody firm Prime Trust has “a shortfall in customer funds” and was unable to meet all withdrawal requests this month. Separately, Rajeev Bamra, Moody’s Investors Service SVP, DeFi and Digital Assets, weighed in on the state of U.S. crypto regulation. And, Casa CEO Nick Neuman explained why the cryptocurrency self-custody firm historically focused exclusively on the Bitcoin blockchain has added support for Ethereum.

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