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Altcoins
First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout
ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year.
First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance Angst
ALSO: Stablecoin balances may provide additional insight into price direction.
BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble
Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat.
First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says
ALSO: Why Binance's alleged co-mingling of assets isn't the same as FTX's alleged co-mingling of assets.
First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets
ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.
Cryptocurrencies Crash After the SEC Charges Binance With Sale of Unregistered Securities
The SEC on Monday charged the crypto exchange and its CEO Changpeng Zhao with violating a number of securities laws.
First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience
ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.
First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst
ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.
First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten
ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?
First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend
Also: Bitcoin and volatility have a tricky relationship.
