November 2021
Bitcoin, Ethereum prices drop as crypto funds see record $9B in inflows this year
Cryptocurrency prices dropped again this morning Asia time, with Bitcoin and Ethereum trading 7% and 8% lower respectively in 24-hour trading, according to CoinGecko data. In the meanwhile, a new CoinShares report on institutional investing in cryptocurrency found record inflows year-to-date, suggesting that big investors overall are still bullish on crypto. Fast facts Bitcoin — the […]
Crypto markets shudder as Evergrande fears re-emerge
As speculation continues over the fate of the Chinese property development giant, crypto markets were not spared the downturn over fears of its potential collapse.
How is the launch of Bitcoin futures ETFs affecting crypto mining?
After the SEC approved a Bitcoin futures ETF, the cost of crypto mining rigs jumped. Coincidence? Varit Bulakul of The Brooker Group explains.
3 themes driving institutional adoption of digital assets
What makes 2021’s roaring crypto market different from 2017’s are the banks and VCs piling in, writes Calvin Shen of Hex Trust. What’s behind their crypto adoption?
Bitcoin and Ethereum prices soar to new all-time highs, crypto market now worth $3 trillion
BTC and ETH are surging to dizzying new heights today as part of a broader crypto market rally. What’s going on?
The Bitcoin-energy connection intensifies
Equities and Bitcoin have a clearly demonstrated bond, but now oil is strengthening its relationship to crypto, too
October 2021
What will Ethereum prices be as 2021 ends?
As Ethereum surges to a new all-time high, 50 fintech experts surveyed by Finder offer predictions on ETH’s year-end and longer-term price outlook.
Solana price hits new all-time high amid rising crypto market
As the crypto market lit up with green across the board this morning, the price of Solana (SOL) jumped 6% in a few hours overnight to reach a new all-time high of US$218.73, according to data from CoinMarketCap. Solana’s price has since lost some of this ground, however, and was trading at US$208.57 at press […]
Bitcoin reaches new all-time price high, but in a very different market since last time
When the world’s largest cryptocurrency last reached a price high, China had yet to crack down on crypto mining, and there was no U.S. Bitcoin futures ETF. What do changing market conditions mean for the growth of Bitcoin and the crypto industry?
BTC price nears all-time-high as futures ETFs near approval
The U.S. could see a long-awaited Bitcoin futures ETF trading on the New York Stock Exchange and the Nasdaq in the next few days. Forkast.News spoke with market watchers to find out what it means for the industry.
Altcoin Stacks STX price surges 70% as crypto market slumps
While most of the market was down around 5% coming into the Asia trading day this morning, altcoin Stacks was up over 70% in 24 hours on Sunday night, according to data from CoinMarketCap, hitting a high of US$2.45 — the highest point the token had reached since the market-wide crash in May. The price has fallen […]
Bitcoin price crosses $50K, but market dominance continues falling
This is the second time the world’s largest cryptocurrency has hit the mark in recent months. Does that mean this price point is here to stay?
September 2021
How China’s crypto clampdowns could reshape the rest of the world
Against the global tide of digital asset adoption, China’s harshest crypto ban yet heralds golden opportunities, writes Richard Byworth of EQONEX. Other governments should take note.
Crypto markets shrug off China’s latest saber-rattling
Is China’s influence over Bitcoin and the global crypto market waning? Chinese exchanges get a thrashing as decentralized exchanges get happy on clampdown news.
Crypto investors brush off Evergrande
The cryptocurrency market has rebounded in the past 24 hours as news broke that China Evergrande Group, the second largest property developer in the world’s most populous nation, has taken a step back from falling off a potential debt cliff today. Fast facts While the overall cryptocurrency market is still down for the week, all […]
Evergrande’s uncertainty rocks crypto market
Crypto investors and industry watchers are following closely the potential collapse of Chinese property giant Evergrande.
Cosmos price reaches for the stars as market remains firmly on the ground
As most of the crypto market stagnates, Cosmos has been on a tear over the weekend, gaining 35% since Saturday morning Asia time to reach an all-time high of US$44.54 this morning, according to CoinMarketCap.com. Fast facts Though it dropped slightly to US$41.72 just before press time, this jump marks the first time the ATOM […]
In crypto market, altcoins get a chance to shine
AVAX and SHIB outperform Bitcoin, which gained in price but shied from the $50K mark.
Solana crashes, SOL prices tumble as network scrambles to restart
SOL had been on a tear but is now losing ground. Is Solana a victim of its own success — or does the network have deeper problems?
What does El Salvador’s new Bitcoin law mean for crypto markets?
El Salvador’s Bitcoin embrace may be a domino for some emerging markets, but a fierce rival to the BTC is also coming to the fore.
Why Algorand’s price is on a two-year high right now
Algorand’s ALGO cryptocurrency prices have surged by 90% over the past seven days, crossing the US$2 mark and hit a two-year high of US$2.44 today, according to CoinGecko data. ALGO, ranked the 17th largest cryptocurrency by market value, has not seen such price heights since its launch in 2019. Fast facts Algorand is an open-source, […]
SOL, DOT, ETH are the biggest movers in a week of continued price growth
The broader market recovery following the May crash continues with five of the top 10 coins by market cap showing double-digit growth over the past seven days, according to data from CoinMarketCap.com. Fast facts Continuing its historic run, Solana (SOL) showed the most movement, gaining over 45% this past week to hit a new all-time […]
How DeFi can unlock staking rewards and boost liquidity
As the blockchain industry shifts to ‘proof of stake,’ staking’s bonding period can lock up capital. What are the alternatives?
August 2021
Mutant Ape NFTs collect $140 million on OpenSea market
Bored Ape Yacht Club (BAYC) — one of the hottest non-fungible token projects at the moment — released its Mutant Ape Yacht Club (MAYC) NFTs over the weekend through a free airdrop to existing Bored Ape holders as well as a public auction of 10,000 Mutant Apes. The price for Mutant Apes started at three […]
Solana crosses $100 price level
As Bitcoin and Ethereum drop after a quick ascent, the surge of Solana (SOL) continues. SOL hit a new all-time high of US$102.07 today, with its market cap reaching over US$29 billion. The world’s eighth largest cryptocurrency has been consecutively hitting new all-time highs in the past four days. Fast facts The market cap of […]
How Bitcoin and Ethereum are rekindling with equities
What is the relationship between crypto assets and stock prices? An analysis week’s market trends.
Bitcoin price above $50K, Cardano and Solana at all-time highs as crypto market surges
Led by Ethereum rivals, crypto prices are in an upswing with over $2.1 trillion in total market cap. Is this the start of another crypto bull run?
Cardano hits new all-time high as upcoming smart contracts send ADA into new price discovery
Cardano’s Alonzo upgrade is fueling ADA’s price growth into top-3 cryptocurrency. Major crypto players are now also signaling bullishness on Cardano.
How NFTs could be the future standard for trading and investing
Non-fungible tokens are taking the art and collectibles world by storm. But more valuable uses for NFTs lie just around the corner, writes Ilja Laurs of Dappscape.
May 2021
Bitcoin price plunges and altcoins sell-off as crypto market decline intensifies
Bitcoin and altcoin prices take heavy hits and sell-off deepens as more bad news, including a blatant DeFi exit scam, continue battering crypto markets.
August 2020
How close is China’s digital currency DCEP to launching?
As China’s digital currency begins large-scale testing, business giants like Didi and Meituan appear to be signing on. What does China’s central bank say?
July 2020
Diginex announces launch of EQUOS.io, first US-listed digital asset exchange
As US regulators warm to digital assets, Diginex capitalizes on the world’s most mature financial market by launching platform that allows crypto spot trading.
Lack of regulations and illiquidity are ‘major bottlenecks’ in India’s DeFi market
Regulatory uncertainties over crypto — coupled with Indians’ tendency not to rebel — have prevented decentralized finance from taking off in India despite the unbanked’s tremendous needs, says Siddharth Verma of Nuo Network.
Crypto’s new dawn: the future of India’s burgeoning cryptocurrency landscape
India’s cryptocurrency market has vast potential — what’s holding it back? A continued lack of regulatory clarity as well as crypto education, says CoinDCX co-founder Neeraj Khandelwal.
June 2020
Why artificial intelligence is ‘dumb’ and needs more ethical and legal standards
AI’s ‘black box’ is inherently dangerous, and the technology is still a long way from being a solve-all solution, says Oxford researcher David Toman.
Predictions and future thinking for this brave new Covid world
What lies ahead for the global economy, US-China geopolitics, emerging markets and sectors like real estate in the next 5 years? GreaterX’s unique focus group — ‘from farmers to a billionaire’ — offers a crystal ball.
China uses blockchain to ease cross-border finance barriers in Greater Bay Area
Hong Kong, Macau and Guangdong have three legal and monetary systems. A new blockchain banking platform would unify the area into an economic hub.
China’s new DCEP could fast-forward the nation into a cashless society
The rest of the world may worry over the new e-RMB and what it could do to the US dollar. But inside China, will yet another digital payment system even matter? Forkast.News finds out what the laobaixing think.
Bitcoin — from halvings to haven: why BTC may witness growth in 2020
Short-term speculators are unimpressed by BTC’s recent performance. But Covid and geopolitical disruptions have not yet played out. What does it mean for investors?
May 2020
Chris Giancarlo: digital dollar technology is coming ‘fast and furious.’ Can US seize the CBDC momentum?
Money is part of a nation’s financial infrastructure, and the dollar needs a digital upgrade for this changing world, says Giancarlo, former CFTC chair who now heads the Digital Dollar Project, in an exclusive interview with Forkast.News.
April 2020
‘Enormous potential’: institutional investment in cryptos may be boosted by regulator’s approval of Hong Kong’s first bitcoin-tracking fund
Asia’s first regulator-approved digital asset manager opens the door for wider cryptocurrency adoption.
Why central banks are pushing ahead with digital currencies
Central bank digital currencies could change government, the economy, and even society, writes Digivault CEO.
Why invest in Bitcoin when global markets are still a hot Covid mess?
Bitcoin’s tumbling prices during the coronavirus pandemic may be an opportunity to buy the dip.
Why Canaan’s red ink illustrates the big challenges now facing crypto mining
Aside from concerns about mismanagement, what else is causing Canaan to flounder? Forkast.News analyzes Canaan and the many storms — including the Covid economy and the next Bitcoin halving — now rocking the world of crypto mining.
VC deals are slowing in Covid-19 headwinds. Will we see bigger disruption?
Investment totals are down, but deals are still being inked and alternative fundraising methods are flourishing. What kind of investments will thrive? And which ones will likely flop?
Safe havens like bitcoin and gold are sinking in this pandemic economy. Where can investors find shelter?
As Covid-19 roils markets and currencies, next-generation algorithmic stablecoins may offer a smoother ride.
How China hot-housed a new technology and 35,000 ‘blockchain’ companies bloomed
China is trying to grow its blockchain industry, but are all these startups for real? Forkast.News dives into the data to find the truth behind the numbers.
March 2020
Bitcoin’s ‘black swan event’ — should investors worry?
BTC’s recent tumbles and movements with the rest of market may be an anomaly and opportunity for investors.
Tokenized gold: smart investment as coronavirus fuels economic turmoil?
Coronavirus fears are sending markets tumbling. Could tokenized gold, or gold-backed crypto, be the next-generation investment in times of economic trouble?
January 2020
After China’s digital currency, Indonesia may blueprint its own in 2020
As China’s digital currency is said to be “progressing smoothly,” Indonesia is also working on releasing their own white paper this year, according to Indonesian Blockchain Association cofounder Pandu Sastrowardoyo.
Swiss stock exchange SIX wants to democratize digital assets
SIX Digital Exchange’s blockchain-based digital assets platform and distributed central securities depository are designed to democratize investment. The digital exchange platform is a subsidiary of leading Swiss stock exchange SIX.
December 2019
‘China’s developers aren’t most creative,’ but there’s power in numbers to excel
China’s enormous market of 1.4 billion people means there is a large pool of human resources that can drive blockchain development and adoption, especially in the wake of endorsement from President Xi Jinping.
Blockshine founder and CEO Layla Dong explains how China’s burgeoning market can boost blockchain development.
Chainlink among top crypto performers in October—Fintech Advisory Services report
The Fintech Advisory Services monthly report details the main crypto-metrics and indicators for the past month: News, Market Performance, Networks, Mining Activity, Public Sentiment, and Academic Publications. The report also covers the latest “Hot Topics” in the crypto space. This month: Facebook’s Libra, Telegram’s TON, China’s CBDC, and quantum computing.
A.I. has fallen short of its promise. But quantum computing can change how machines ‘think’
Alternative AI founder Eberhard Schoeneburg speaks with Forkast.News at Hong Kong FinTech Week 2019 about how artificial intelligence should adapt to quantum technology.