Market Analysis
Markets: Bitcoin climbs back above US$23,000 as most top 10 crypto tokens gain ground
Bitcoin prices broke back above US$23,000 in Wednesday morning trading in Asia.
Lachlan Keller
Contributor
Lachlan Keller
Lachlan is a journalist and producer at Forkast working from Melbourne, Australia. His work can be found in numerous magazines in Australia on topics ranging from culture to science. Lachlan holds a Bachelor’s degree in Journalism from Macleay College in Australia.
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Investment Insights
January weekly crypto product investment reaches highest since July, says CoinShares report
Digital asset investment products reached US$117 million in the week ending Jan. 27 — the highest since July 2022 — with nearly all of that going into Bitcoin.
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Bitcoin News
Bitcoin falls in broad crypto pull back ahead of U.S. Fed meeting on interest rates
Bitcoin fell along with Ether and all other top 10 non-stablecoin cryptocurrencies in Tuesday morning trading in Asia, wiping out most of Monday’s gains.
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Regulatory News
Biden administration urges U.S. congress to pursue crypto regulation
Four senior officials in U.S. President Joe Biden’s administration called for Congress to “step up its efforts” in regulating the cryptocurrency market.
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Bitcoin News
Markets: Bitcoin closes in on US$24,000, lifts crypto top 10
Bitcoin was up on Monday morning in Asia, reaching its highest price in five months. Ether also rose along with all other top 10 non-stablecoin cryptocurrencies, with Solana and Litecoin posting the biggest gains.
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Bitcoin News
Blockstream says it raised US$125 million to expand Bitcoin mining operations
Blockchain infrastructure firm Blockstream Corporation Inc. on Tuesday said it raised US$125 million from convertible note and secured loan financing to expand its Bitcoin mining operations and meet strong demand for what it called “institutional hosting services.”
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Regulation
Binance says it erroneously mixed customer funds with collateral for Binance-issued tokens
Binance Holdings Ltd., the world’s largest cryptocurrency exchange, acknowledged it mistakenly stored customer funds in the same wallet holding collateral for its Binance-pegged tokens, known as B-Tokens
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Market Analysis
Markets: Bitcoin, Ether dip as investors take profits; earnings reports, economic data rattle equities
Bitcoin and Ether fell in Wednesday morning trading in Asia, along with the other top 10 non-stablecoin cryptocurrencies as investors seemed to be taking profits after the strong gains in crypto prices since the start of the year.
Lachlan Keller
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Altcoins
Ethereum’s Shanghai Mainnet moves one step closer as “Shadow Fork” goes live
Software developers for Ethereum, the world’s second-largest blockchain, on Monday said they successfully deployed a copy of the blockchain — or “shadow fork” — to run tests of the upcoming Shanghai hardfork upgrade scheduled for March.
Lachlan Keller
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Altcoins
Markets: Bitcoin edges higher, Ether little changed; XRP, Polkadot post strong gains in mixed market
Bitcoin edged higher to the US$23,000 resistance line, while Ether traded little changed in mixed early morning trading in Asia on Tuesday.
Lachlan Keller
