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Altcoins
Range-Bound Crypto Market, SOL, APE
CrossTower Co-Founder and CEO Kapil Rathi discusses the current state of the crypto markets as the Federal Reserve is expected to raise interest rates by 50 basis points this month. Plus, a conversation about crypto’s increasing correlation with tech stocks as a risk-on asset and the activity of certain altcoins like SOL and APE.
First Mover Asia: Why the Metaverse Is a Potemkin Village
Despite breathless headlines about a digital land rush, metaverse platforms are struggling to attract brands and users; bitcoin ticks up slightly.
Market Wrap: Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins
Choppy trading in stocks and cryptos reflects uncertainty among global investors.
First Mover Asia: Singapore’s Distaste for Retail Crypto Spooks Institutional Money
Three Arrows Capital's decision last week to move its headquarters to Dubai reflects growing concerns about the city-state's increasing regulatory scrutiny of crypto; bitcoin returns to where it started the weekend.
Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May
BTC is lagging equities and gold so far this year, although returns are typically positive in May.
First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC
The issues that have prompted other countries to explore a central bank digital currency don’t exist to the same extent in Hong Kong; bitcoin continues its mini-upswing.
Market Wrap: Cryptos Mixed as Bitcoin Trades Near $40K
BTC is on track for a 15% decline this month, compared with a 13% loss in ETH.
First Mover Asia: Indian Crypto Exchanges' Trading Volume Continues to Dive Following New Tax Law; Cryptos Higher
WazirX and CoinDcx volumes were less than a third of their levels prior to the regulations going into effect; bitcoin and ether rise.
Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses
The relief bounce in stocks and cryptos could be short-lived as recession risks linger.
First Mover Asia: Spot Bitcoin ETFs Are Launching in Australia but Elsewhere They Face Brutal Fund Outflows
Australia follows a lengthy list of spot bitcoin issuances in Europe and Canada, but these products come at a challenging time for crypto; bitcoin and ether drop.
