Altcoins
First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%
Investors on Polymarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through.
Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling
Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals.
First Mover Asia: A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling
During the past week, a number of exchange tokens have outperformed bitcoin, including OKX and CRO. FTT is not among them.
Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red
The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data.
First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash
Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.
Market Wrap: Cryptos Rise in an Eventful Week; Bitcoin Hovers Over $21K, Ether Soars
A surprisingly robust jobs report and other signals spur investors’ return to riskier assets.
First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sideways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet
A recent Alameda document showed the biggest asset on the organization's balance sheet was FTX’s FTT token.
Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns
Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims.
First Mover Asia: Arbitrum Sees Transactions Skyrocket as Traders Anticipate Potential ‘ARBI’ Airdrop; Ether, Dogecoin Tumble Following FOMC Rate Hike
Weekly transactions on Arbitrum have soared over 550% since August. Crypto traders see huge potential for the ecosystem.
Market Wrap: Bitcoin Little Affected by Fed Interest Rate Hike
The largest cryptocurrency by market capitalization ticked down, but only slightly, following a fourth consecutive 75 bps increase.
