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Altcoins
Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill
Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX.
First Mover Asia: Bitcoin Rises Again on US Fed Chair's Moderate Remarks
ALSO: Sam Reynolds writes that the decision by shipping giant Maersk and IBM to wind down TradeLens highlights the failure of blockchain-based transparent ledgers, which once held great promise in a range of industries.
Crypto Markets Today: Kraken Becomes the Latest Industry Giant to Cut Its Workforce
The crypto exchange is cutting 30% of its global staff. ALSO: Bitcoin surges along with equity markets on the Federal Reserve Chair’s dovish tone in a speech Wednesday.
First Mover Asia: Bitcoin Rises Toward $17K Despite Investor Unease
ALSO: Sam Reynolds writes that most of Grayscale's digital asset trusts are trading at a deep discount, and that many other digital asset trusts that have significant assets face the same predicament.
Crypto Markets Today: Huobi’s HT Token Climbs After Exchange Discloses Airdrop
The company will send a digital token to users via Huobi Prime, its exclusive token offering platform.
First Mover Asia: Ethereum Isn’t wETH or stETH, but Jokes Still Move Markets
Sam Reynolds writes that irreverent posts about lesser-known altcoins – and more significant tokens – can be destructive, especially if people don’t get the irony. ALSO: Bitcoin drops as BlockFi files for bankruptcy protection.
Crypto Markets Today: BlockFi Files for Bankruptcy Protection, MakerDAO Rejects $500M Proposal to Invest in Bonds and BTC Slides
Crypto prices dropped amid continued market contagion triggered by the FTX collapse earlier this month.
Wrapped Bitcoin Trades at Discount Amid Market Contagion
WBTC’s discount dropped to as low as 1.5% as questions swirled over whether the token is fully backed. Custodian BitGo clarified that it is.
First Mover Asia: Dogecoin Surges 16% to Continue Its Holiday Cheer
The popular meme coin's upswing during U.S. Thanksgiving holiday celebrations, which started Thursday, was an exception in crypto markets as bitcoin and most other major tokens traded sideways.
First Mover Asia: Bitcoin Stays Calm at $16.5K
Jocelyn Yang writes about the domino effect caused by the the downfall of FTX.
