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Altcoins
Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coins Surge
During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings.
First Mover Asia: Taiwan Chip Manufacturer TSMC Remains a Crypto Skeptic; Major Cryptos Decline
The company, which was burned during the last major crypto bear market, did not mention mining in its last earnings report; bitcoin and ether drop.
Market Wrap: Bitcoin Dips as Macro and Geopolitical Uncertainties Remain
Cryptos and stocks have traded in a choppy range so far this year.
First Mover Asia: Crypto's Delicate Position in China, India; Bitcoin, Ether Rise
Both countries have increased regulation in recent months, creating a less nurturing environment for the crypto industry; most major cryptos were in the green in Wednesday trading.
Market Wrap: Cryptos Rise as Bitcoin Returns Above $40K
BTC rose by 4% over the past 24 hours, compared with a 12% rise in RUNE.
First Mover Asia: Recycling Bad Actors in Crypto; Bitcoin Holds Below $40K
As traders speculate on the possible economic impact of coronavirus-related lockdowns in China, investors in the U.S. are betting on whether inflation might be nearing a peak.
Market Wrap: Crypto Sell-Off Pauses as Volatility Fades; Altcoins Outperform
BTC struggled to hold $40K while SHIB rallied by as much as 12%.
First Mover Asia: Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K
The CEO of the infamous Mt. Gox crypto exchange is re-entering the industry with a rating service. But is he in touch with the latest developments?; ether also falls.
Market Wrap: Bitcoin Sell-Off Deepens as Correlation With Stocks Rises
BTC is down 40% from its November peak, compared with a 16% drop in the Nasdaq 100 over the same period.
First Mover Asia: What’s in HSBC’s Metaverse Fund for Hong Kong, Singapore Private Banking Clients?; Bitcoin Declines
The financial services giant has been short on specifics, and the mystery underscores the difficulties in defining what belongs in such products; ether also falls.
