Altcoins

Altcoins

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First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle

ALSO: Shaurya Malwa considers the widening fallout from FTX, now including Genesis Global Capital's decision to pause withdrawals. Could TradFi be swept up next in the crisis?

Sinking Prices (Unsplash)

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Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies

Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle.

(DALL-E/CoinDesk)

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First Mover Asia: FTX Debacle Might Change Hong Kong’s Approach to Retail Crypto Regulation; Bitcoin Shows Its Mettle

The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions.

The FTX collapse may alter Hong Kong regulators approach to retail crypto trading. (Yiu Yu Hoi/Getty Images)

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Market Wrap: Bitcoin Rises on Encouraging Inflation News

The largest cryptocurrency hovered near $16.8K. Ether and other altcoins also surge.

(Midjourney/CoinDesk)

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First Mover Asia: Bitcoin, Ether Rise Late Despite FTX Fatigue

ALSO: Sam Reynolds considers the advantages of licensed custodians as the crypto industry wrestles with the fallout from crypto exchange FTX's implosion.

Arrow Up (Unsplash)

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Market Wrap: Bitcoin Holds Steady Through FTX Gloom

Most other major cryptos were trading in the green, albeit barely so.

Bitcoin remains calm after breakout (Ian McGrory/Unsplash)

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First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?

ALSO: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech notes may prove crucial.

The fear is suddenly back to extreme levels in crypto markets. (John Ward McClellan via National Gallery of Art, modified by CoinDesk)

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Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse

Other cryptos also fell as investors digested the latest developments in the crypto exchange giant’s unraveling.

(Shutterstock)

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First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K

Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda.

Former FTX CEO Sam Bankman-Fried (Danny Nelson/CoinDesk)

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Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data

Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline in the consumer price index.

(DALL-E/CoinDesk)