Altcoins


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Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse

Other cryptos also fell as investors digested the latest developments in the crypto exchange giant’s unraveling.

(Shutterstock)

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First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K

Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda.

Former FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

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Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data

Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline in the consumer price index.

(DALL-E/CoinDesk)

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First Mover Asia: Crypto Exchange BitMEX Publishes Proof of Reserves Ahead of Friday’s BMEX Listing; Bitcoin Rebounds After Dropping Below $16K

On Wednesday, Binance, Gate.io, KuCoin and Huobi were among the exchanges that said they would publish Merkle tree reserve certificates. Their announcements came amid the mounting crisis involving FTX.

(Andriy Onufriyenko/Getty Images)

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Market Wrap: Bitcoin, Other Cryptos Continue to Plummet

Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals, and then said it won't.

(DALL-E/CoinDesk)

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First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%

Investors on Polymarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through.

Founder and CEO of Binance, Changpeng Zhao, at a Rome appearance in 2022. (Antonio Masiello/Getty Images)

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Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling

Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals.

DO NOT USE: CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)

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First Mover Asia: A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling

During the past week, a number of exchange tokens have outperformed bitcoin, including OKX and CRO. FTT is not among them.

Sam Bankman-Fried, CEO de FTX. (Jesse Hamilton/CoinDesk)

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Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red

The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

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First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

(Shutterstock)