Archives

Bitcoin fell and Ether rose during Thursday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$30,000 earlier today, following news of institutions like BlackRock, Fidelity and Deutsche Bank entering the crypto space.

Bitcoin breached US$30,000 in Thursday morning trading in Asia, leading gains across all top 10 cryptocurrencies by market capitalization.

Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin rose above US$28,000 as signs of institutional crypto adoption bolstered investor sentiment.

Bitcoin surged over 5% on Wednesday morning in Asia to breach the US$28,000 resistance level, leading a rally of the top 10 non-stablecoin tokens except XRP.

Ethereum developers inspired by Bitcoin’s ordinals launch ‘Ethscriptions’, a new on-chain collectible.

Bitcoin rose on Tuesday morning in Asia to hold above support at US$26,000. Ether also logged gains along with most other top 10 non-stablecoin tokens.

Bitcoin dipped on Monday morning in Asia after reclaiming US$26,000 support over the weekend. Ether also fell back but held above US$1,700.

Sotheby’s NFT auction sees Ringers #879 rise to the record books as one of the highest ever generative art in Ether value.

Binance France is reportedly under investigation for “aggravated” money laundering and the illegal provision of digital asset services.

Bitcoin dipped below US$25,000 for the first time in three months, as the SEC’s lawsuits continued to erode crypto investor appetite. Bitcoin needs to hold above US$24,000 to avoid more bearish momentum, industry experts told Forkast.

Bitcoin, Ether and most top 10 non-stablecoin cryptos rose in Friday afternoon trading in Asia after weeklong slump.

Bitcoin edges up but still stuck below US$26,000. Ether was little changed amid a weekly fall, while other top 10 crypto were mixed.

Bitcoin and Ether continued to slide amid lawsuits against top crypto exchanges in the U.S.

SEC scrutiny sends NFT market into downturn. Traders liquidate or hold off as Forkast 500 NFT Index hits all-time low amidst crypto turbulence.

All top 10 cryptos, including Binance’s BNB, gained on Tuesday afternoon trade in Asia for the first time this week amid ongoing lawsuits with the U.S. SEC.

NFT Community Resilience: Amid SEC scrutiny, builders thrive with Bitcoin NFTs soaring, Polygon’s mystery unveil, art sales surging, and IP licensing advancements.

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

All top 10 non-stablecoin cryptocurrencies took a sharp fall Tuesday morning in Asia, after the SEC sued Binance over alleged securities violations.

Bitcoin, Ether traded little changed Monday morning in Asia, along with most other top 10 non-stablecoin cryptocurrencies. However, both Solana and XRP rose.

NFTs reach new heights as May sees record-breaking transactions, hinting at widespread adoption.

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.

A proposed tax on electricity used by cryptocurrency miners in the U.S. has been scrapped in the deal to raise the country’s debt ceiling, according to Republican congressman Warren Davidson.

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 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.

Unpacking the NFT disparity at Veecon & BTC Miami 2023: established ETH vs emerging BTC. CryptoSlam seeks to bridge the gap.

Binance Marketplace, Binance’s NFT trading platform, is launching a new service Friday where users can loan Ether by using NFTs as collateral.

Surge of interest in AI chipmaker Nvidia extends to crypto, Binance and Blur vie for top NFT lender spot, while uncertainty abounds over U.S. debt talks.

Analysts say the move could signal a bull run in cryptocurrencies.

All top 10 non-stablecoin cryptocurrencies fell, as investors assess macro sentiment.

VeeCon 2023 NFT conference inspires and strengthens the market with community focus and innovation. Gary Vaynerchuk’s keynote resonates with fans worldwide.

The Philippines Securities and Exchange Commission warned the public last week not to use crypto exchange Gemini’s derivatives platform.

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 traded below US$27,000 in Monday afternoon trade in Asia.

Bitcoin prices rose on Thursday morning in Asia. Ether edged down, while other top 10 non-stablecoin cryptocurrencies by market capitalization gained.

Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies.

Internet sleuths unearth the first financial transaction on Bitcoin, showcasing the potential of NFTs.

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.

The U.S. is resisting digitization of the dollar due to it being a threat to the country’s dominance over traditional financial system, said Christopher Giancarlo, former chair of the Commodity Futures Trading Commission (CFTC) and author of “Crypto Dad: Fight for the Future of Money.”

NFTs were ready for takeoff this week and Elon Musk’s tweet blasted it off.

Top blockchain and crypto news: Memecoin fever strains BTC network. Binance slams brakes on Bitcoin withdrawals. Chinese court allows crypto for repaying debt.

NFTs are changing in-game item ownership and value, yet the gaming industry remains skeptical. With microtransactions set to exceed $76 billion this year, it’s time for gamers to understand the benefits of NFT technology.

Skyrocketing activity has led to a surge in average Bitcoin transaction fees — which rose to US$31.15 as of March 8 — exerting increasing pressure on users in low- and middle- income economies including Bitcoin-reliant communities in El Salvador, the first country to implement mass adoption of the digital currency.

In the final installment of a three-part interview series, Geoff Kendrick, head of crypto research at Standard Chartered Bank, outlines the lender’s approach to crypto and why he thinks exploration of blockchain use cases is just beginning.

CryptoSlam introduces new wash trade metrics to help traders and professionals uncover the truth behind NFT sales volumes across major blockchains.

Nearly 60% of April NFT sales on Ethereum have been flagged as wash trades, with Blur marketplace’s token farming incentivizing the activity, CryptoSlam data shows.

Bitcoin and Ether rose in early Thursday morning trading in Asia, with most other top 10 non-stablecoin cryptocurrencies mixed.

NFT prices and trading volume are dropping but this could be an indicator of a maturing market.

Now that the Bitcoin Ordinals genie is out of the bottle, a debate is raging about whether they’re good for the original blockchain and their long-term consequences.

Bitcoin dipped to US$28,000 in Tuesday morning trading in Asia and then fell through that support line later in the morning. Ether and other top 10 cryptocurrencies also fell.

Seychelles-based cryptocurrency exchange Bitget expects more clarity on Hong Kong’s licensing regime from June as the city pushes ahead with plans to attract blockchain and cryptocurrency entrepreneurs.

Bitcoin rose on Friday morning in Asia amid worries about U.S. banks and a possible recession. Ether edged lower. along with most other top 10 tokens.

Franklin Templeton said Wednesday that its OnChain U.S. Government Money Fund is now supported on the Polygon network.

Bitcoin rose in Wednesday morning trading in Asia to reclaim the US$28,000 mark, with Ether and all other top 10 non-stablecoin cryptocurrencies moving higher.

The culture of collecting unique digital assets may be here to stay, but data suggests that NFT prices may continue to fall.

South Korea’s Do Kwon went from a poster boy of digital finance as a co-founder of the US$40 billion Singapore-based Terraform Labs to a fugitive on Interpol’s wanted list, all in a matter of several rollercoaster years. He’s now in a Montenegro jail where he may face more time in detention as the U.S. and South Korea demand his extradition to face a long list of charges, including securities fraud – allegations he has repeatedly denied. The following is a timeline of how we got here.

Former President Donald Trump’s NFT collection’s floor price may be dropping, but media coverage may extend his profits from the digital trading cards.

CoinShares data showed Ethereum-linked products saw little investment interest with inflows of around US$300,000 in the week ending April 14, accounting for a tiny portion of the total US$114 million weekly inflow into digital assets and despite the blockchain’s milestone upgrade last week.

Bitcoin, Ether and most other top 10 non-stablecoin cryptocurrencies dipped Tuesday morning in Asia after the SEC sued crypto exchange Bittrex on Monday.

Bitcoin rose higher in the US$30,000 band on Friday morning in Asia amid strong gains among the top 10 non-stablecoin cryptocurrencies. Ether led the winners.

The NFT industry is gathering at New York for NFT.NYC, but the overloading frequency of events could be causing “event fatigue.”

Arkansas has joined Montana and Texas this year in proposing legislation to offer legal protections to companies operating crypto mining sites.

Top blockchain and crypto news: Arbitrum to segment AIP-1. DeGods NFT collection moves to Ethereum. Crypto on the agenda at ‘China’s Davos.’

Top blockchain and crypto news: Binance targeted in CFTC lawsuit. Law catches up with Do Kwon. Chinese banks bet on Hong Kong crypto.

Angelina Kwan, who helped shape early Hong Kong automated trading services and internet trading regulation, told Forkast the upcoming virtual asset licensing regime is almost identical to that for traditional financial institutions.

Top blockchain and crypto news: Banking woes boost Bitcoin. Arbitrum counts down to launch. Chinese billionaire faces US crypto scam charges.

Bitcoin traded flat below US$28,000 on Tuesday morning in Asia. Most other top cryptocurrencies retreated ahead of a U.S. decision on interest rates.

Bitcoin briefly breached US$28,000 at the weekend in a bullish run extending into Monday morning in Asia amid worries about bank risk.

Circle said its $3.3 billion of USDC cash reserves at the collapsed Silicon Valley Bank will be available Monday after regulators stepped in to backstop deposits.

Alameda Research has filed a law suit against crypto conglomerate Digital Currency Group and its asset management business Grayscale over trust investments.

Bitcoin and Ether traded mostly flat in a downtrend move for most of the top 10 cryptocurrencies in Tuesday morning in Asia. The new Forkast NFT 500 index slipped.

The expected launch of the Shanghai hard fork has been delayed from late March to the first two weeks of April, according to Ethereum developers on Thursday.

Bitcoin and Ether rose in Thursday morning trading in Asia, along with all top 10 non-stablecoin cryptocurrencies. Polygon led the gains.