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altcoins

Sinking Prices
First Mover Asia: Bitcoin Sinks Amid Crypto's Latest Debacle
ALSO: Shaurya Malwa considers the widening fallout from FTX, now including Genesis Global Capital's decision to pause withdrawals. Could TradFi be swept up next in the crisis?
Sinking Prices

CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)
Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies
Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle.
CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)

CDCROP: Refection of buildings on a skyscraper facade (Yiu Yu Hoi/Getty Images)
First Mover Asia: FTX Debacle Might Change Hong Kong’s Approach to Retail Crypto Regulation; Bitcoin Shows Its Mettle
The special administrative region of China wants to become a regional crypto hub, but FTX’s filing for bankruptcy protection could prompt regulators to tighten restrictions.
CDCROP: Refection of buildings on a skyscraper facade (Yiu Yu Hoi/Getty Images)

CDCROP: AI Graphs Charts Indicies Graphic (Midjourney/CoinDesk)
Market Wrap: Bitcoin Rises on Encouraging Inflation News
The largest cryptocurrency hovered near $16.8K. Ether and other altcoins also surge.
CDCROP: AI Graphs Charts Indicies Graphic (Midjourney/CoinDesk)

Arrow Up (Unsplash)
First Mover Asia: Bitcoin, Ether Rise Late Despite FTX Fatigue
ALSO: Sam Reynolds considers the advantages of licensed custodians as the crypto industry wrestles with the fallout from crypto exchange FTX's implosion.
Arrow Up (Unsplash)

CDCROP: Sailboat on calm seas ocean sea (Unsplash)
Market Wrap: Bitcoin Holds Steady Through FTX Gloom
Most other major cryptos were trading in the green, albeit barely so.
CDCROP: Sailboat on calm seas ocean sea (Unsplash)

CDCROP: PANIC 1937 (John Ward McClellan via National Gallery of Art, modified by CoinDesk)
First Mover Asia: Extreme Fear Hits Crypto as FTX Hack Makes Bad Situation Worse. What Comes Next?
ALSO: Sam Reynolds takes a fresh look at the U.S. Securities and Exchange Commission's case against Ripple, where a 2018 SEC official’s speech notes may prove crucial.
CDCROP: PANIC 1937 (John Ward McClellan via National Gallery of Art, modified by CoinDesk)

CDCROP: Down Arrow spray painted on a brick wall (Shutterstock)
Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse
Other cryptos also fell as investors digested the latest developments in the crypto exchange giant’s unraveling.
CDCROP: Down Arrow spray painted on a brick wall (Shutterstock)

CDCROP: FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)
First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K
Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda.
CDCROP: FTX CEO Sam-Bankman-Fried (Danny Nelson/CoinDesk)

CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)
Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data
Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline in the consumer price index.
CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)