First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat

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First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat
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Good Morning Asia: $BTC and $ETH are opening the trading week flat as traders await the FOMC decision on interest rates. Consensus2023 wrapped up in Austin Friday. Read what 5 CoinDesk journalists said about it. TheSamReynolds writes

Being a Consensus newbie this year, I am like a small-town yokel blown away by how big and impressive this event has been. Here are a couple of my takeaways:

One, the level of optimism people have about crypto is very high, which is a surprise given just how bad the regulatory outlook is. And I know it's partly self-selection bias at work: People who are going to pay a lot of money to attend this event are going to be optimistic about the space. Still, that juxtaposition of existential questions and lots of optimism is striking to me.

Two, the people I know best are from traditional finance and they, too, remain quite high on the future of crypto and moving TradFi stuff to crypto or crypto-adjacent infrastructure. Now, of course, they’ve been trying for years to show progress along those lines and have little to show for it. But they’re undeterred. This point rhymes with my first point.Something that really struck me arose from what Kate Brady, head of communications for Web3 at PepsiCo, said on stage.

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