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Altcoins
First Mover Asia: Terra's Difficult Post-Collapse Path: VCs Backing Away, Regulators Jumping on Stablecoins
Some investors see salvageable pieces in the rubble while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin edges up in weekend trading.
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
Aversion to risk remains as volatility returns to stocks and cryptos.
First Mover Asia: KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain
The crypto exchange will add technical features to support developers and build on KuCoin's public blockchain; bitcoin outperforms ether.
Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms
BTC is declining less than altcoins, indicating a lower appetite for risk among traders.
First Mover Asia: Pine Wants to Test the Liquidity of the NFT Market; Cryptos Are Well-Red
The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity.
Market Wrap: Bitcoin Dips, Stocks Plummet as Volatility Spikes
Traders continue to hedge against further price declines.
Ikigai’s Travis Kling on Markets, Stablecoins and Crypto Use Cases
Bitcoin dipped under $30,000 Wednesday amid a retreat across traditional markets, driven in part by Fed Chair Jerome Powell’s pledge to keep tightening monetary conditions until inflation comes down. Ikigai’s Travis Kling discusses the impact of Fed policy on the crypto markets, also touching on BTC’s use cases, USDT, Terra and altcoins.
First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness
A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.
Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment
BTC is stabilizing around $30K while stock market volatility begins to fade.
First Mover Asia: Metaverse ETFs Are Underperforming Gaming ETFs; Cryptos Return to the Red
Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?
