Altcoins


Markets

First Mover Asia: Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K

Investors who purchased a breadbasket of blue chip coin offerings about five years ago would have generated an 819% return, even with the current bear market; most cryptos fell in Tuesday trading.

Investors who hodled "blue chip" ICOs generated sizable returns. (Cryptograffiti)

Markets

Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K

Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped.

There's lots of finger-pointing going on as the crypto-market slump inflicts pain on the once-exuberant industry. (Creative Commons)

Markets

First Mover Asia: Chip Maker Nvidia Isn’t an Ether Proxy, Bitcoin Holds Near $21K

Crypto mining aided Nvidia's bottom line, but it hasn't been a major cause of the stock's steep decline. Ether falls but hovers at around $1,200.

An Asus graphics card. (Joseph Greve/Unsplash)

Markets

Market Wrap: Recession Fears Halt Crypto Bounce

Analysts see few positive signs to sustain a crypto rally.

Bitcoin is "balancing" at about $21,000. (Unsplash)

Markets

First Mover Asia: Bitcoin Holds Above $21K in Weekend Trading, Solana Web3 Phone Faces Long Odds

Ether stays over $1,200; prior blockchain phones have failed because the market has realized their functionalities are already available on apps that can be loaded on any phone.

Bitcoin was down slightly on Sunday, but still trading at over $21,000. (Jay Radhakrishnan)

Markets

Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism

It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal.

Seemingly bearish market indicators are seen by analysts as reasons for optimism. (Creative Commons)

Markets

First Mover Asia: Hong Kong’s OSL Sees Strong Institutional Interest in Crypto, Despite Luna-Induced Volatility; Bitcoin and Ether Surge

Fernando Martinez, OSL's head of Americas, said global, institutional trading volume is higher than it was in 2021, the best year in the crypto exchange’s history. Altcoins have a good day.

Hong Kong where Tether is headquartered (Ruslan Bardash/Unsplash).

Markets

Market Wrap: Crypto Assets Stabilize as BTC Retakes $20K

Bitcoin traded at $20,900 in the afternoon, while some altcoins surged on positive news and improved sentiment.

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

Markets

Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam

The recovery for cryptocurrencies proved to be short-lived as investors digested the latest inflation remarks by U.S. central bank chair Jerome Powell.

Bitcoin and most cryptocurrencies pared down yesterday's gains as investors' risk appetite remained low. (Unsplash)

Videos

Michael Saylor Slams Altcoins, Urges Regulation Over Crypto’s ‘Parade of Horribles’

Microstrategy CEO and bitcoin (BTC) whale Michael Saylor is calling on regulators to tackle altcoins, or a “parade of horribles,” saying BTC is getting caught in the crossfire of a collapsing market and risky crypto industry practices. “The Hash” team reacts.

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