Bitcoin was recently trading at about $21.8K, up more than a percentage point as investors eye the next U.S. inflation report on Tuesday; Thailand's interest in crypto is growing, but regulation lags. JPRubin23 and TheSamReynolds report
Bitcoin Remains Steady Above $21KBitcoin held fast above its latest $21,000 threshold over the weekend as investors continued their hopeful wait for positive U.S. inflation data in the coming week.
Ether recently sank about 1% but was still trading well above $1,700 level it regained late Thursday. Investors in the second largest crypto in market value await the Merge, the Ethereum blockchain's change from proof-of-work to a more energy efficient proof-of-work protocol that is supposed to be completed over the next nine days.
Rakwongwan notes that Forward, despite being a Thai project, is incorporated in Singapore because of regulatory clarity there.
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