Altcoins
Ikigai’s Travis Kling on Markets, Stablecoins and Crypto Use Cases
Bitcoin dipped under $30,000 Wednesday amid a retreat across traditional markets, driven in part by Fed Chair Jerome Powell’s pledge to keep tightening monetary conditions until inflation comes down. Ikigai’s Travis Kling discusses the impact of Fed policy on the crypto markets, also touching on BTC’s use cases, USDT, Terra and altcoins.
First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness
A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.
Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment
BTC is stabilizing around $30K while stock market volatility begins to fade.
First Mover Asia: Metaverse ETFs Are Underperforming Gaming ETFs; Cryptos Return to the Red
Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?
Market Wrap: Cryptos Mixed as Volatility Fades, Traders Expect Weak Recovery
Bitcoin's average trading volume rose toward its highest level since January, which could point to a brief period of price stabilization.
First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.
Market Wrap: Cryptos Are Higher After a Volatile Week
Some analysts remain cautious and expect lower price returns for bitcoin over the next few months.
First Mover Asia: Terra’s Planetary Collapse Is Taking Down Crypto Lending, Altcoins Plummet
Data suggests that many traders are moving their assets from DeFi platforms; bitcoin rallies after falling below $26,000 in Thursday trading.
Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility
Analysts expect greater price swings because of macroeconomic risks and ongoing stablecoin woes.
First Mover Asia: Bitcoin at 16-Month Low as UST Collapse Shows Risks of 'Algo' Stablecoins
A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.
