Altcoins
First Mover Asia: Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day
The manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet.
Market Wrap: Cryptos, Stocks Tumble Amid Extreme Bearish Sentiment
BTC dropped by as much as 11% over the past 24 hours while several altcoins underperformed.
First Mover Asia: BitMEX Saga Leaves Lingering Regulatory Questions, Bitcoin Falls
Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of crypto; cryptos had a rough weekend.
Market Wrap: Crypto Sell-Off Stabilizes Amid Bearish Sentiment
BTC was roughly flat over the past 24 hours and down by 6% over the past week. Traders remain cautious.
First Mover Asia: Thailand Has Already Proven Why Taking Crypto for Luxury Items Isn't Working
Gucci will begin accepting crypto payments at five stores as part of a wider commitment, but the success of its initiatives is uncertain; bitcoin plummets in Thursday trading.
Market Wrap: Cryptos and Stocks Fall, Luna Foundation Guard Accumulates Bitcoin
BTC declined by as much as 10% on Thursday, its largest price drop in two months.
First Mover Asia: Events in China, India Have Also Weighed on Crypto Prices
Investors may have been focusing on U.S. interest rate hikes and the economic fallout of Russia’s Ukraine invasion, but bitcoin has been subject to other headwinds; cryptos soar post-rate hike.
Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease
BTC rose by 5% over the past 24 hours as bearish sentiment waned.
First Mover Asia: Bitcoin Minnows Are Resilient as Long-Term Whales Capitulate to Pressure
How long these smaller-scale investors remain committed to their crypto assets will be an interesting trend to observe; bitcoin and ether drop.
Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility
BTC is roughly flat over the past week, although some option traders have hedged against further price declines.
