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Altcoins
Open Interest in XRP Surges to $800M as Crypto Traders Hope Ripple-SEC Verdict Will Bring 'Alt Season'
If the court rules that XRP is a security, it would mean the same for other alternative cryptocurrencies and subject the broader market to stringent supervision.

First Mover Asia: Will CFTC's Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat but ether is up, on potentially favorable comments by the CFTC before Congress.

First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Plus: Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?

First Mover Asia: Bitcoin Is Ready for a Consolidation Phase
ALSO: Sam Reynolds writes that decentralized derivatives platforms are having a liquidity problem. The shortage may stem from crypto traders' current caution, but at least one stakeholder is optimistic that the situation will change.

First Mover Asia: Bitcoin Regains Momentum as Investors Shrug Off Banking, Fed Concerns
ALSO: CoinDesk market analyst Glenn Williams writes that a decrease in the number of bitcoin addresses with a balance of more than 1,000 bitcoins suggests that large, institutional investors are reluctant to add to their coffers.

First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision
ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa.

First Mover Asia: Traders Focused on Liquidity, FOMC as Asia Opens Its Business Day
Crypto prices remain flat ahead of the FOMC's rate decision.

First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market; It’s Now Powering Through This Mini-Bull Cycle
A Crypto Rank team of analysts wrote that “despite the inherent volatility of the cryptocurrency market, venture capitalists…continue to pour significant investments into the industry.”

Bitcoin, Ether Trade Lower After Breaching Technical Indicator
The proximity of the breach to the upcoming Federal Reser ve rate decision could stymie activity in the short term. BTC is also showing an increasingly inverse relationship to the U.S. dollar ahead of the announcement

First Mover Asia: Bitcoin Hovers Over $28K Amid Banking Instability
ALSO: Bitcoin’s surge over the past week reflects a "flight to quality" but liquidity remains an issue.
