Ether Breaks Trendline From Previous Bear Cycle Lows
The breakdown of the ascending trendline corresponding with previous bear market lows looks horrible, one portfolio manager said.
Crypto Options Exchange Deribit Registered Record Trading Volume in November
Deribit was busier than ever as FTX-induced uncertainty boosted demand for options or hedging instruments.
First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings
Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much.
Crypto Markets Today: Gensler Restates SEC’s Crypto Authority
The chairman said the agency has the basic disclosure and governance requirements to hold digital-asset firms accountable, although he did not address the fallout from crypto exchange FTX’s collapse.
Crypto Exchange Binance.US Eliminates Trading Fees for Ether
The exchange will also offer additional trading fee discounts to customers who pay their trading fees with BNB tokens.
First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns
ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle.
Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes
The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen in value by nearly 75% this year.
Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP Says
Stocks have overtaken fundamentals and could soon fall back, QCP said.
First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K
ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public in the U.S. as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction?
Ether Turns Inflationary as Network Usage Slows
The current positive inflation rate indicates the volume of ether being minted now outpaces the amount being burned.
