Altcoins
First Mover Asia: Bitcoin Is Stuck Between Silvergate and China
The largest crypto by market value hovers above $22.4K as investors mull Silvergate's troubles and anticipate likely encouraging economic data from China. ALSO: CoinDesk columnist David Z. Morris considered the gathering of Etherians at ETHDenver, all working together to build.
First Mover Asia: Bitcoin Continues to Look East for Strength
ALSO: CoinDesk columnist Glenn Williams Jr. writes that on-chain indicators show that 70% of Bitcoin addresses are profitable
Bitcoin’s Worsening Liquidity Draws Concerns From Traders: Data
Data from blockchain analytics firm Kaiko shows that liquidity is worsening for bitcoin, with order-book depth hitting lower levels than were seen following the collapse of FTX. In the meantime, Kaiko notes that Coinbase volumes have seen a rise in interest in altcoins at the expense of bitcoin and ether. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."
First Mover Americas: Bitcoin Falls to Below $23.5K
The latest price moves in crypto markets in context for March 2, 2023.
First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin
ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said the city's evolving approach to digital asset licensing could shift attitudes in mainland China.
Crypto Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge
Stacks’ STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month.
First Mover Asia: NFTs Have a ‘Digital First Sale’ Problem
ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000.
First Mover Asia: Bitcoin Stays Rooted Near $23.5K
ALSO: Sam Reynolds writes about the complicated relationship between layer 1 blockchain Coinflux’s CFX token and China and asks if it has triple-digit growth potential.
First Mover Asia: Solana in the Green After Weekend Deep Freeze
ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts.
How Bitcoin's Performance Stacks Up Against Altcoins in the Short-Term
Fairlead Strategies Founder and Managing Partner Katie Stockton joins "First Mover" to discuss her crypto markets analysis as she predicts bitcoin to break through resistance relative to Ether. Plus, a closer look at why the short-term relative rotation graph suggests that most momentum for altcoins remains weak relative to bitcoin in the short-term.
