First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues

PLUS: Western crypto innovators with great ideas are eyeing the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto’s model for the future, the co-founder of Taipei-based Woo Network, Jack Tan, writes. Good morning. Here’s what’s happening: Prices: As Asia’s trading day begins, bitcoin drops 4% to $27,981, and ether declines…

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Got liquidated with Bitcoin futures? Get 3.5x leverage using this options strategy

Here is how professional traders use “iron condor” options strategies to benefit from the banking crisis and the U.S. debt ceiling increase. How to Bitcoin bulls might be disappointed after the $31,000 resistance proved stronger than expected on April 14. However, looking at a broader time frame, Bitcoin (BTC) has been the best-performing asset in 2023,…

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