Recursive inscriptions update to unlock games, more generative art on Bitcoin
Recursive inscriptions, an update that allows Ordinals inscriptions to reference another inscription, is set for deployment later this week.
Bitcoin stays below US$26,000 in mixed market, Binance’s BNB biggest loser in 24 hours
BNB token of crypto exchange Binance dropped 5.5% in 24 hours amid lawsuits against the exchange by the U.S. SEC.
Bitcoin, Ether little changed after weekend slump; Solana, Cardano lead the losers
Bitcoin fell below US$26,000, while Solana, Cardano and BNB posted hefty weekly losses after the U.S. Securities and Exchange Commission targeted exchanges with lawsuits.
Inside The Sandbox: A glimpse into the metaverse with co-founder Sebastien Borget
Sebastien Borget of The Sandbox and Yehudah Petscher of Forkast Labs discuss the promise of the metaverse, the role of NFTs and the potential impact of Apple’s Vision Pro.
Weekly Market Wrap: SEC crackdown on Binance, Coinbase ‘can’t stop’ Bitcoin as it trades above US$26,000
Bitcoin recovered above the US$26,000 psychological level after a brief dip, as investors seemingly shrugged at the SEC’s crackdown on Binance and Coinbase. The quick crypto recovery could be a sign of a maturing asset class, industry experts told Forkast.
US SEC sues major exchanges; Circle gets Singapore license
Welcome to Forkast IQ, presented by Forkast’s Megha Chaddah, where we look beyond the headlines to get you insights that power smarter decisions.
Bitcoin rises, Ether slips, most top 10 cryptos begin to pick up after SEC crackdown
Bitcoin rose and Ether fell, while most top 10 cryptos inched up following the U.S. SEC’s lawsuits against Binance and Coinbase.
Bitcoin, Ether rise amid ‘swoon-soar’ trading after SEC lawsuits against Binance, Coinbase
Bitcoin fails to break US$27,000 ceiling. Binance’s BNB gained 2%, even as latest SEC filing alleges customer funds were moved to private accounts, a charge Binance rejected.
Why the US is waging war on Binance, Coinbase
Top blockchain and crypto news: Binance, Coinbase in SEC firing line. Solana NFTs slump as Bitcoin’s surge. New dawn in Hong Kong crypto regulations.
Bitcoin, Ether gain while most top 10 cryptos fall, pressured by SEC lawsuits
Bitcoin and Ether rose but most top 10 cryptos were unable to escape the gravity of the SEC’s lawsuits against Binance and Coinbase.
Bitcoin falls below US$27,000; Ether, all top 10 cryptos slide amid SEC lawsuit fallout
The SEC lawsuits against Binance and Coinbase have sent alt coins tumbling. Binance’s BNB lost 15.7% over the past week.
Bitcoin, Ether fall; most top 10 cryptos rise following SEC’s lawsuit against Coinbase
Most top 10 cryptos rebounded, despite the SEC suing Coinbase exchange a day after it sued Binance’s U.S. arm.
Bitcoin, Ether most other top crypto bounce back even as Coinbase joins Binance as SEC lawsuit target
Nearly all top 10 tokens rebounded as investors look beyond U.S. regulator’s lawsuits against two of the world’s most influential crypto exchanges.
Apple’s VR/MR Brings the metaverse back into focus
Apple’s Vision Pro VR is the new door to the metaverse. This headset may not be the first, but like CryptoPunks, it’s set to redefine how we see and use NFTs
Bitcoin, Ether skid; BNB drops more than 10% after U.S. securities regulator sues Binance
All top 10 non-stablecoin cryptocurrencies took a sharp fall Tuesday morning in Asia, after the SEC sued Binance over alleged securities violations.
Bitcoin dips below US$27,000, Litecoin biggest loser
Bitcoin drops below US$27,000 on Monday amid mixed crypto market. Litecoin, BNB see losses while XRP, Tron, Solana gain.
Why G7’s proposed crypto regulations will be bad for DeFi
FATF’s travel rule is looming over the crypto industry as an existential threat, writes Jack Jia of Unlimit. Here’s why it’s especially worrying to DeFi and self-custody wallet users.
Bitcoin little-changed around US$27,000, Ether treads water; Solana, XRP gain
Bitcoin, Ether traded little changed Monday morning in Asia, along with most other top 10 non-stablecoin cryptocurrencies. However, both Solana and XRP rose.
HK green lights retail crypto trading as Beijing releases Web3 white paper
Welcome to Forkast IQ, presented by Forkast Editor-in-Chief Angie Lau, where we look beyond the headlines to get you insights that power smarter decisions.
Bitcoin rises above US$27,000, Litecoin leads gains among top 10 cryptos
Bitcoin gained 1.08% on Friday afternoon and Ether strengthened 1.78%.
What’s holding back DeFi and keeping the masses away
DeFi has the potential to revolutionize finance, but hacks, poor user experience, and a lack of a regulations make many wary, writes Arthur Firstov of Mercuryo.
Bitcoin dips under US$27,000, Ether falls, Litecoin leads winners, U.S. equities bounce back
Bitcoin fell Friday morning in Asia to trade below US$27,000. Ether and most other top 10 non-stablecoin tokens traded flat to lower. Litecoin gained.
What’s next for crypto miners after US debt ceiling deal?
Top blockchain and crypto news: Miners dodge tax bullet. Blur, Binance heat up NFT lending. Chinese cities’ plans reveal nationwide Web3 ambition.
Bitcoin drops below US$27,000 with Cardano leading losses
Bitcoin fell 1.36% to US$26,805 in 24 hours. Ether slipped 0.82% to US$1,854.
Bitcoin logs monthly loss, Ether retreats, XRP leads losers, U.S. equities slide
Bitcoin fell on Thursday morning in Asia to post the first monthly loss of the year. Ether and all other top 10 non-stablecoin tokens also traded lower.
Bitcoin, Ether in red, XRP lone gainer in top 10
A downturn impacted Bitcoin and Ether, along with the majority of top 10 non-stablecoin cryptocurrencies in Wednesday’s Hong Kong trading session. XRP remained the sole exception, maintaining its positive performance from the morning.
Bitcoin, Ether flat; XRP jumps; U.S. equity futures mixed ahead of debt ceiling vote
Bitcoin traded flat on Wednesday morning in Asia, after briefly breaching US$28,000. Ether dipped while other top 10 non-stablecoin tokens traded mixed.
XRP edges past Bitcoin, Ether with Tuesday’s largest gains
Bitcoin and Ether inched up during Tuesday afternoon trading hours in Hong Kong, while the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed.
Bitcoin, Ether dip; XRP rises; U.S. equity futures gain as debt ceiling worries fade
Bitcoin fell in Tuesday morning trading in Asia. Ether and most other top 10 non-stablecoin tokens also logged losses, while XRP gained.
Bitcoin drops below US$28,000, Tron’s deflation slows losses
Bitcoin couldn’t maintain its Monday morning gains as the world’s largest cryptocurrency dropped below US$28,000 in the afternoon.
Beijing releases Web3 white paper, highlights challenges in talent, rules
Beijing’s local government on Saturday released a white paper outlining plans and challenges for development of the city’s Web 3.0 industry.
Bitcoin back above US$28,000 as cryptos rebound on positive debt ceiling talks
Bitcoin moved back above US$28,000 on Monday morning in Asia, leading a rally among all top 10 non-stablecoin tokens. Ether reclaimed the US$1,900 level.
Weekly Market Wrap: Bitcoin weighed down by debt ceiling uncertainty
Bitcoin traded above US$26,000 as the uncertainty around the U.S. debt ceiling negotiations caused global concerns over a potential governmental default. Crypto markets will stay muted until a deal is reached, Industry experts told Forkast.
Most top 10 cryptos up, despite looming fears of US default
Bitcoin and Ether rose during afternoon trading in Asia on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, excluding the Solana and Tron tokens.
China: Zhengzhou City proposes metaverse plan
China’s Zhengzhou city issued a set of policy proposals Wednesday to support metaverse companies, including a 10 billion yuan (US$1.42 billion) metaverse fund.
Why GameFi is the future of the new player economy
Opinions about Web3 gaming remain divided, but it’s undeniable that NFTs and GameFi offer players big opportunities, writes Ramona Ciocea of Protokol.
Hong Kong Solidifies Crypto Regulations even as Malaysia bears down on Huobi
The launch of Hong Kong’s very own CBDC comes with new regulations for crypto trading platforms operating in the city.
Top 10 cryptos decline, except Matic, as debt ceiling negotiations erode risk appetite
Bitcoin and Ether fell during afternoon trading in Asia, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization, excluding Polygon’s Matic token. Most Asian equities declined while most U.S. stock futures strengthened, despite Fitch Ratings placing America’s AAA rating on a negative watch, citing rising concerns that the government could default on its […]
Hong Kong’s new crypto rules covered by China state TV in rare move from Beijing
Analysts say the move could signal a bull run in cryptocurrencies.
Bitcoin drops near US$26,000 amid U.S. debt uncertainties
All top 10 non-stablecoin cryptocurrencies fell, as investors assess macro sentiment.
Japan to implement anti-money laundering rules for crypto: report
Japan will introduce strict anti-money laundering rules on cryptocurrency transactions from June 1, the Southeast Asian nation’s cabinet decided on Tuesday.
Bitcoin drops below US$27,000, Dogecoin biggest loser
Bitcoin dropped 2.33% to US$26,671. Ether lost 2.15% but traded above US$1,800.
China’s Nanjing city launches state-backed metaverse entity
China’s Nanjing City launched a state-backed organization on Monday to promote and enhance metaverse studies throughout the nation.
Crypto’s aversion to anti-money laundering standards is only hurting itself
For crypto to grow for the long term, the industry must show greater respect for global standards that combat crime, writes Slava Demchuk of AMLBot.
Bitcoin, Ether rise; Dogecoin falls despite record high transaction volume
Top 10 non-stablecoin cryptos traded mixed, while investors continue to assess U.S. debt talks.
Governments could access Ledger wallet private keys, says CEO
Cryptocurrency wallet Ledger’s new update allows governments to access users’ seed phrases via subpoena, said Pascal Gauthier, the chief executive officer of Ledger.
All top 10 cryptos rise; Hotbit crypto exchange shuts down; U.S. stock futures drop
Bitcoin gained 1.71% and Ether climbed 2.35%. Polygon gained the most in 24 hours followed by Tron.
Bitcoin, Ether, top 10 cryptos rise; US futures climb
The top 10 non-stablecoin cryptocurrencies, including Bitcoin and Ether, were up across the board as U.S. Fed rate talks and debt negotiation outcomes remain unpredictable.
Bitcoin, top 10 cryptos fall except Tron; U.S. futures slightly up; Asian equities rise
Bitcoin traded below US$27,000 in Monday afternoon trade in Asia.
Bitcoin, Ether fall; Tron trades higher; Investors digest G7, U.S. debt ceiling implications
Bitcoin fell below US$27,000 on Sunday, dipping further Monday morning in Asia as wider macro developments continue to weigh.
Weekly Market Wrap: Bitcoin trades below US$27,000 amid U.S. debt ceiling negotiations
Bitcoin traded below the US$27,000 mark for most of the week, as investor sentiment was weighed down by the prospect of the U.S. government’s potential default. Investors will be closely monitoring the ongoing debt ceiling negotiations.
XRP lone gainer among top 10 cryptocurrencies
Bitcoin and Ether fell during afternoon trading in Asia, along all other top 10 non-stablecoin cryptocurrencies by market capitalization, excluding XRP.
Matic leads crypto rise despite Ledger security concerns
Cryptocurrencies rebounded on Thursday but wallet service provider Ledger’s latest update raised new security concerns.
Conflux Network, China Telecom unveil blockchain-based SIM card
Conflux Network and China Telecom on Tuesday unveiled their first blockchain-based SIM card, which will be piloted in Hong Kong.
Bitcoin, Ether mixed; Polygon leads gainers; Equity futures flat as U.S. debt default worries recede
Bitcoin prices rose on Thursday morning in Asia. Ether edged down, while other top 10 non-stablecoin cryptocurrencies by market capitalization gained.
Ordinals inscriptions slow down but Bitcoin congestion lingers
Ordinals inscriptions have slowed down this week but Bitcoin continues suffering from congestion issues due to the BRC-20 craze.
Bitcoin slips below US$27,000, XRP leads gains in top 10 cryptos
Bitcoin prices dropped below US$27,000 on Wednesday afternoon in Asia, while XRP gained the most after positive news for Ripple Labs on its lawsuit against U.S. Securities and Exchange Commission.
Web3 needs to engage with local communities. Its future depends on it
Web3’s terrible user experience, scams and lack of diversity could be solved if its leaders take a cue from environmentalists and ‘act locally,’ writes Tim Williamson of NieuxCo.
Bitcoin, Ether fall, Solana leads declines; U.S. stock futures trade flat; Asian equities mixed
Bitcoin fell 0.58% while Ether dropped 0.36%. Solana was the biggest loser of the day, dropping 1.67%.
Bitcoin, Ether gains; Litecoin continues bull run; optimism a solution to US debt crisis can be reached
Bitcoin prices rose along with Ether, while Litecoin continues to lead gainers among other top 10 non-stablecoin cryptocurrencies.
Bitcoin, Ether push higher, Litecoin biggest gainer in top 10 cryptos; U.S. stock futures, Asian equities gain
Bitcoin rose 2.07% to US$27,409 in 24 hours while Ether gained 1.27% to US$1,829. Litecoin was the biggest gainer of the day, rising 7.65%.
Head of U.S. DOJ crypto enforcement eyes crackdown on non-compliant crypto exchanges: FT
The U.S. Department of Justice is aiming to crack down on cryptocurrency exchanges that help criminals facilitate money laundering
Tokenization is changing the world, from finance to art
Fractionalizing assets on the blockchain opens up investment opportunities for the public and the capital market’s access to liquidity, writes Bob Ras. Here’s what’s holding it back.
Bitcoin, Ether edge higher; Litecoin leads gainers; investors weigh impact of US debt crisis
Bitcoin prices rose on Monday morning in Asia to above US$27,000. Ether managed to rise above the US$1,800 support level as Litecoin leads gainers.
Looking to expand Web3 activities into Japan? Watch the biggest firms for clues, says gaming protocol founder.
While the community might be small, there’s a growing buzz around Web3 in Japan, with overseas companies now taking note. For clues on how to make it big in the land of the rising sun, follow the lead of the nation’s largest firms, says Sebastien Guillemot, co-founder of Paima Studios.
Weekly Market Wrap: Bitcoin dips to US$26,166 as memecoins flood the blockchain
Bitcoin briefly fell to US$26,166 this week, as BRC-20 memecoins flooded the blockchain, raising network congestion issues. Market analysts told Forkast that a weekly close under US$26,111 signals more bearish momentum
Memecoin frenzy fuels network congestion; China makes a surprise crypto move
Welcome to Forkast IQ, presented by Megha Chaddah, where we look beyond the headlines to get you insights that power smarter decisions. Coming up on today’s show:
Bitcoin, Ether fall along with most top 10 cryptos; U.S. futures rise ahead of debt ceiling negotiations
Bitcoin and Ether fell during Friday afternoon trading in Asia, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, apart from the XRP token.
Japan government’s crypto czar touts nation’s Web3 capabilities
Japan was an early believer in blockchain and cryptocurrencies until exchange hacks brought a crackdown. But that was then. Now the government has become a crypto cheerleader.
Bitcoin, Ether fall to month lows; Polygon leads losers; U.S. equity futures up as inflation cools
Bitcoin prices slid under US$27,000 on Friday morning in Asia. Ether fell below support at US$1,800 as all top 10 non-stablecoin tokens retreated.
Animoca Brands says it holds US$3.4 bln in assets
Animoca Brands revealed US$2.7 billion in off-balance sheet token reserves in its latest unaudited financial update.
Bitcoin congestion issues continue amid BRC-20 memecoin, Ordinals surge
Bitcoin network faces heightened congestion with over 5 million inscriptions, exacerbating block space demand as BRC-20 tokens achieve a market cap milestone of $1 billion, contributing to increased activity on the network.