Markets
Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke
The developing narrative of ether and altcoins decoupling from bitcoin in an adverse macro environment went up in smoke Friday, as a sell-off in stocks and BTC caused extensive damage to the broader digital asset market. Is centralized liquidity dictating the market value of cryptocurrencies promising decentralization? Are we in a bear market?
Ark's Cathie Wood: 'ESG Movement' Behind Recent Crypto Declines
During a keynote discussion at Consensus 2021, Ark Investment Management CEO Cathie Wood breaks down how the ESG movement and Elon Musk are to blame for the recent 50% drop in the crypto market. Wood predicts though, Musk could be a positive force for the bitcoin and environment conversation in the long term.
What Is Driving the Demand for Ether?
Ether is setting new records as demand soars, but what's behind the craze? Matt Weller of Forex.com joins "First Mover" to discuss the crypto market trends, including how DeFi and NFTs are boosting demand for ETH and how bitcoin HODLers are a sign of a bullish market.
The European Crypto Markets Are Maturing
Sergey Zhdanov, CEO of UK-based crypto exchange EXMO, provides an update on the state of Europe’s crypto markets. According to Zhdanov, institutional investment is rising, and increasing clarity on regulatory matters is boosting confidence. Plus, his thoughts on preventing another hack at EXMO.
What’s Happening in the Asian Crypto Markets?
Crypto database Messari recently published a report on the crypto markets in Asia. Hong Kong-based analyst Mira Christanto explains the current trends in crypto in Asia and the future of peer-to-peer trading in China.
Is Bitcoin Due for a Price Correction?
Reports that bitcoin is due for a price correction, including from CoinDesk’s Omkar Godbole, suggest the bitcoin market might be slowing, with some analysts predicting prices as low as $40K. The “All About Bitcoin” panel weighs in on bitcoin’s week ahead and discusses how BTC compares to altcoins on returns on investment.
