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Altcoins
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.
First Mover Asia: Cryptos Fly Higher as US Turkey Day Holiday Approaches
The CEO of crypto lending and borrowing platform Hexn.io believes recent crypto debacles will leave the industry stronger by weeding out weaker companies and fostering stronger regulatory efforts.
Market Wrap: Who Transferred 10K Bitcoin From Wallet Linked to the Failed BTC-e Exchange?
Bitcoin stayed above $16K after the Fed minutes were released and Genesis Global Capital confirmed hiring investment bank Moelis.
First Mover Asia: Bitcoin Holds Firm Over $16K After Tracking Stocks Upward
ALSO: James Rubin writes that Changpeng Zhao and Elon Musk, among others, have spoken freely when discussing the fallout from crypto's rapidly expanding crises and the individuals behind them. But they haven't always been consistent.
Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said
The CoinDesk Market Index, bitcoin and ether were all in the green.
First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears
ALSO: Singapore's central bank is under scrutiny over whether Sam Bankman-Fried's FTX exchange received favorable regulatory treatment, Sam Reynolds writes.
Market Wrap: Crypto Markets Nervous as the FTX Collapse Dents Institutional Confidence
Coinbase and MicroStrategy bonds tanked, crypto markets plunged and the FTX exploiter moved a total of 180,000 ether.
First Mover Asia: Cryptos Dive Deep Into the Red
ALSO: Sam Reynolds writes that the crypto industry might be better off in the long run if some major initiatives wind down.
