Altcoins
Singapore Imposes Sanctions; Bitcoin Bucks Market Trend
Binance wins license in Bahrain. Singapore targets designated Russian banks amid sanctions. Bitcoin holds ground despite wider market falls over Ukraine and China concerns. Altcoins to keep a watch on. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Asia: A Taipei Executive Believes GameFi Can Fix Gaming’s Creative Drought; Bitcoin, Ether Are Flat in Light Trading
See Wan Toong, the CTO of Red Door Digital, a Taipei-based studio building out Web 3 games, believes games can be creative and lucrative; major cryptos were mixed with prices of some rising slightly and others falling.
Market Wrap: Cryptos Decline After Rejection of EU Bitcoin Proposal
BTC trading volume is low as investors position themselves for a busy week.
First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
Both candidates made crypto an important issue to attract younger voters, but it's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red.
Market Wrap: Cryptos Mixed Amid Global Uncertainty
Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.
First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day
The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000.
Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure
BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.
First Mover Asia: Signs Point Upward for Crypto in India and South Korea; Bitcoin and Ether Soar on US Executive Order
India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development.
Market Wrap: Cryptos Rise After Biden's Executive Order; Sentiment Still Mixed
Option traders noticed a surge in demand for BTC volatility products.
First Mover Asia: Singapore's Strict Approach to Crypto; Bitcoin Rises Despite Investors' Jitters About War, US Executive Order
Singapore's high standards may be discouraging some crypto companies from establishing operations in the city-state; investors were wrestling with the latest developments in Ukraine and await the crypto order by U.S. President Joe Biden on Wednesday.
