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Altcoins
Market Wrap: Cryptos and Stocks Fall; Bitcoin Trades Below $40K
Sentiment among crypto traders remains mixed.
First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500
Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern.
BTC Slips Below $40K, Musk Confirms Twitter Acquisition
Dexterity Capital Managing Partner Michael Safai shares his bitcoin price outlook as it slips below $40,000 alongside the global equities markets. Plus, why Safai is optimistic about certain altcoins like Monero and Luna, and comments on Elon Musk reaching a deal with Twitter to purchase the platform for $44 billion.
Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps
BTC was roughly flat over the past 24 hours, compared with a 26% rally in DOGE.
Crypto Funds Saw Minor Outflows Last Week
Some $7 million flowed out of digital asset funds in the week through April 22.
First Mover Asia: The Metaverse Is Subject to Earth’s Boring Old Rules
GameFi adoption has been hitting obstacles worldwide, including in China and South Korea, because of laws about converting in-game tokens to currency.
Market Wrap: Cryptos Slip as Bitcoin Struggles to Hold $40K
BTC declined by as much as 4% over the past 24 hours, compared with a 2% dip in ETH.
First Mover Asia: A Year After Coinbase's IPO, Most Listed Crypto Firms Are Under Water Compared With Bitcoin's Performance; BTC Retreats From $42K
Fed Chair Jerome Powell suggested a series of interest-rate increases that might be higher than the usual 0.25 percentage point.
Market Wrap: Bitcoin Rise Loses Steam After Fed Comments
Tighter monetary policy has been a headwind for stocks and cryptos, but indicators remain bullish over the short term.
Altcoins Starting to Outperform Amid Improving BTC Sentiment
Bitcoin and other cryptos continue to trend higher as bearish sentiment over the past week appears to be fading, but some altcoins outperform BTC and lead the market rally. CoinDesk Markets Reporter Damanick Dantes discusses his analysis of the crypto markets and where we’re headed next.
