Altcoins

Altcoins

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Brutal Month for Bitcoin as June Ends With Biggest Drop in 11 Years

Crypto markets saw heavy losses with investors increasingly worried about high inflation and Federal Reserve rate increases. Some analysts say the bitcoin price could go even lower.

El desempeño de bitcoin en junio comparado con otros activos globales. (CoinDesk)

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First Mover Asia: Speculating on Tokenized Carbon Offsets Won't Help Climate Crisis, Says Consultant; BTC Falls Under $19K Amid Wider Crypto Woes

A significant number of carbon credits are from projects 8-10 years old; Ether and other major altcoins plummet.

(Shutterstock)

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Market Wrap: Bitcoin Heads for Record Half-Year Loss of 59%

BTC slipped below $19K for the fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer spending slowdown stokes fresh recession concerns.

(Creative Commons)

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First Mover Asia: How Traders Are Shorting Tether Stablecoins; Bitcoin Falls but Holds Above $20K

Hedge funds are increasingly betting against USDT in anticipation of it losing value amid concerns about the coin’s reserve backing and systemic risks; ether drops.

Hedge funds are increasingly betting against Tether. (Andreas Wagner/Unsplash)

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Market Wrap: Bear Market Guides in Vogue as Bitcoin Drops for Fourth Straight Day

BTC was sliding toward $20,000 on Wednesday, as the Bankless newsletter offers mental health tips for surviving a crypto winter.

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

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First Mover Asia: Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K

Investors who purchased a breadbasket of blue chip coin offerings about five years ago would have generated an 819% return, even with the current bear market; most cryptos fell in Tuesday trading.

Investors who hodled "blue chip" ICOs generated sizable returns. (Cryptograffiti)

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Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K

Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped.

There's lots of finger-pointing going on as the crypto-market slump inflicts pain on the once-exuberant industry. (Creative Commons)

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First Mover Asia: Chip Maker Nvidia Isn’t an Ether Proxy, Bitcoin Holds Near $21K

Crypto mining aided Nvidia's bottom line, but it hasn't been a major cause of the stock's steep decline. Ether falls but hovers at around $1,200.

An Asus graphics card. (Joseph Greve/Unsplash)

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Market Wrap: Recession Fears Halt Crypto Bounce

Analysts see few positive signs to sustain a crypto rally.

Bitcoin is "balancing" at about $21,000. (Unsplash)

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First Mover Asia: Bitcoin Holds Above $21K in Weekend Trading, Solana Web3 Phone Faces Long Odds

Ether stays over $1,200; prior blockchain phones have failed because the market has realized their functionalities are already available on apps that can be loaded on any phone.

Bitcoin was down slightly on Sunday, but still trading at over $21,000. (Jay Radhakrishnan)