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Market Trends

Archived coverage · Forkast crypto archive

  • Market Analysis

    Markets: Bitcoin edges up; U.S. stocks, bonds post worst returns in 5 decades

    Bitcoin and Ether made up some ground, with most other tokens in the crypto top 10 little changed in early Thursday morning trading in Asia. Bitcoin traded back above US$20,000 after falling through that resistance level overnight. Global macroeconomic headwinds continue to drag on both crypto and capital markets. See related article: Markets: Bitcoin trades […]

    Lachlan Keller

  • Economic Impacts

    Beijing, Hengqin ramp up metaverse amid struggling economy

    Following Shanghai’s plan to develop its metaverse industry, additional local Chinese governments are adding the metaverse to their economic blueprints. Two recent plans come from Beijing’s Tongzhou District and Hengqin near neighboring Macau, just as some of China’s tech companies are shrinking their businesses to face an economic downturn. See related article: Shanghai sees its […]

    Ningwei Qin

  • Market Analysis

    Markets: Bitcoin, Ether gain with most of crypto top 10; BNB slips, U.S. equities flat

    Bitcoin gained along with most other top 10 tokens by market capitalization in early morning trading in Asia, though Ether was the pace leader with the larger climb. U.S. equities were little changed overnight. See related article: Markets: Bitcoin edges up, Ether posts biggest gain among top 10 tokens Fast facts Bitcoin added 0.6% to […]

    Lachlan Keller

  • Investment Insights

    Venture capital rallies for CoinFund, Shima Capital crypto investment funds

    Venture capital for two new investment funds from CoinFund and Shima Capital were announced, with amounts reaching US$300 million and US$200 million, respectively. See related article: New Investors and Investments Fast facts The Ventures I fund, announced Thursday by CoinFund, will focus on backing blockchain startups, including both existing portfolios and new startup teams. The […]

    Ningwei Qin

  • Investment Insights

    Top firms invest US$6B in blockchain startups: Blockdata research

    Forty top corporations invested about US$6 billion into blockchain startups between September 2021 and June 2022, according to an analysis by blockchain data platform Blockdata. As some investments involved participation from multiple investors, Blockdata said it was not clear how much each company invested in one particular project. See related article: Korea Blockchain Week points […]

    Pradipta Mukherjee

  • Market Trends

    Roblox to test immersive advertising on gaming platform

    Roblox CEO Dave Baszucki said on Wednesday the metaverse platform will begin testing an immersive advertising system later this year as a potential means to increase revenue. See related article: Naver’s Zepeto metaverse starts blockchain initiative with Solana Fast facts See related article: How can I become a metaverse real estate mogul?

    Ningwei Qin