September 2023
Binance.US CEO calls it quits amid major layoffs
Top blockchain and crypto news: Binance.US undergoes staffing shakeup. Ethereum NFTs at risk. India to take a stand on crypto.
Solana leads winners in top 10 cryptos as Bitcoin, Ether extend gains
All top 10 cryptos gained in Thursday afternoon trade in Asia, except Toncoin.
SEC fines Stoner Cats for selling unregistered securities as NFTs
NFT markets fear more enforcement action may be heading their way, while NFT offerings as securities fail to convince the SEC.
Toncoin gains 13% on Telegram partnership; Bitcoin, Ether little changed
Toncoin led gainers in the top 10 cryptocurrencies by market capitalization, rising over 13% after the project announced its partnership with Telegram. Bitcoin and Ether were little changed during afternoon trading in Asia, but market analysts are looking at September as a period for strategic Bitcoin accumulation. See related article: Weekly Market Wrap: ETF developments […]
Bitcoin collectibles: a diamond in the rough
Bitcoin’s NFT sales dip mirrors early challenges of Ethereum; is the pioneer blockchain set for a comeback in the collectibles market?
Bitcoin, Ether continue to slide; altcoins under pressure
Bitcoin remained under US$26,000 and Ether dropped below US$1,600 in Tuesday afternoon trade in Asia.
Gaming blockchain Oasys partners Japan telco KDDI’s αU Wallet, αU Market in Web3 push
Oasys, a blockchain-based game development platform, will team up with non-fungible token (NFT) marketplace αU market and cryptocurrency wallet αU Wallet – a crypto wallet by KDDI, one of Japan’s top three telecom companies – for users to trade NFTs on the αU market. See related article: Weekly Market Wrap: ETF developments bolsters Bitcoin above […]
Bitcoin, Ether extend losses; G20 eyes global crypto regulation
Bitcoin started the week below US$26,000 while Ether dropped to US$1,611. Toncoin and XRP lead losers in the last 24 hours.
India’s G20 Presidency, Blockchain Week & Singapore’s new President
As the 2023 G20 Summit is set to kickoff over the weekend, we take a closer look at India’s role in kicking off its crypto regulation agenda.
Ether, most top 10 cryptos rise as Bitcoin leads gains in market recovery
Bitcoin rose in afternoon trading in Asia, leading the gainers in the top 10 cryptocurrencies, fueling a wider market recovery as it returned to the US$26,000 support level. Despite the uptick, market experts warn of another potential drop to US$25,000. See related article: Weekly Market Wrap: Grayscale’s favorable court verdict, ETF hype fail to lift […]
Coinbase and Wall Street: The merging worlds of TradFi and crypto
Top blockchain and crypto news: Coinbase steps up to fill void of crypto lenders. NFTs extend losses. What’s next for crypto as Singapore gets a new president?
Toncoin leads gains in top 10 cryptos as Bitcoin, Ether slip; Google to allow NFT gaming ads
Toncoin led gainers in the top 10 cryptos after it saw stronger investor interest since the launch of its new programming language, Tact.
Solana leads gains following Visa partnership news, Bitcoin little changed even as whales snap up asset
Solana led gainers in the top 10 cryptos, after the protocol announced a new partnership with payments giant Visa.
The End of the Beginning for NFTs
SEC charges shake NFT market as pricey assets record losses and global sales hit new lows, marking the onset of a transformative era for digital collectibles.
Bitcoin, Ether decline as Dogecoin leads gains ahead of Elon Musk’s biography
Dogecoin led the winners in the top 10, in anticipation of Tesla owner Elon Musk’s upcoming biography, which reportedly details his involvement in the memecoin’s development.
Bitcoin, Ether remain under key levels; Sol leads gains in top 10 cryptos
Bitcoin and Ether have struggled to gain traction since the Securities and Exchange Commission (SEC) postponed its decision on seven Bitcoin ETF proposals.
Bitcoin below US$26,000, most other top 10 cryptos extend losses
Bitcoin, Ether and other cryptos dropped on Friday afternoon in Asia. Toncoin and Tron gained.
August 2023
Grayscale triumphs over SEC: A David v. Goliath win in the crypto arena
Top blockchain and crypto news: U.S. court compels SEC to review Grayscale’s ETF application. SEC zooms in on NFTs. Asia’s richest man eyes blockchain, CBDCs
All top 10 cryptos fall except Dogecoin, as boost from Grayscale ETF ruling fades
Bitcoin, Ether and most other top 10 cryptos dropped on Thursday after a Wednesday rally on news of Grayscale receiving a favorable ruling against the SEC.
Crypto market gets boost from favorable court ruling for Grayscale against U.S. SEC
Prices of all cryptocurrencies rose on Wednesday after a U.S. court backed Grayscale on its Bitcoin ETF application, compelling the SEC to review its rejection of the application.
A Dark but necessary time for NFTs is here
From Miami parties with A$AP Ferg to a historic NFT market slump: The highs and lows of the NFT world.
Bitcoin, Ether gain; traders cautious as U.S. regulator goes after NFT firm
Bitcoin, Ether rose less than 1% in the past 24 hours while posting losses on the week. Polkadot led gains among top 10 cryptos.
SEC charges NFT project with securities law violations
The U.S. SEC charged Impact Theory, a Los Angeles-based media and entertainment company, on Monday with offering unregistered securities in the form of NFTs.
Bitcoin dips below US$26,000, crypto faces downward pressure amid Fed’s rate hike signals
Bitcoin and other major cryptocurrencies face headwinds on the first trading day of the week in Asia following the U.S. central bank’s Jackson Hole Symposium remarks, while Tron bucks the trend with modest gains.
How dynamic NFTs can bring brand engagement to a new level
NFTs are now capable of being interactive and changing with the weather, user location and time of day. What are the downsides and challenges ahead?
N. Korean hackers may cash out stolen crypto; HKVAX gets SFC nod as UK crypto rules gets Royal Assent
Sam Bankman-Fried pleads not guilty to misusing customer funds. North Korean hackers could cash out US$40 million worth of stolen Bitcoins
If Chinese crypto holders sneeze, will global markets catch a cold?
Top blockchain and crypto news: China’s economic woes could spell trouble for crypto. Real fear in NFT markets. Can Friend.tech revive SocialFi?
SOL reverses gains, Bitcoin holds US$26,000, top cryptos fall ahead of Powell’s speech
SOL reversed Thursday’s gains from its Shopify partnership while XRP fell to a six-week low. Bitcoin and Ether inched up during afternoon trading but struggled to gain more upward momentum.
Bitcoin back down to US$26,000 as investors await US Fed chair speech
Bitcoin dropped to around the US$26,000 level Friday morning in Asia, giving up much of the previous day’s gains. Ether also moved lower.
Bitcoin, Ether rise with SOL leading winners in top 10 cryptos
SOL was the biggest gainer in the top 10 following its Shopify deal. Bitcoin and Ether also rose along with most top 10 cryptocurrencies.
Bitcoin back at US$26,500 as crypto mirrors Wall Street gains
Bitcoin rose on Thursday morning in Asia to trade in the US$26,500 range. Ether also moved up. Solana led the winners in the top 10 non-stablecoin tokens.
SOL falls to six-week low, BNB biggest gainer despite reports of Binance violating Russian sanctions
Bitcoin recaptured the US$26,000 mark today, while Solana fell to a six-week low. BNB was the biggest gainer in the top 10, despite allegations against Binance resurfacing.
Rising tide or sinking ship
OpenSea’s royalty policy change ignites debate between tech advocates and creators. Mark Cuban calls it “a huge mistake as NFT market slides 6%.
Bitcoin below US$26,000 with a new low of US$20,000 in the cards
Bitcoin fell Wednesday morning in Asia to trade below US$26,000. Ether also dropped as all other top 10 non-stablecoin tokens traded flat to lower.
Bitcoin holds US$26,000, BNB flirts with annual low
Bitcoin holds its ground above US$26,000, but the top 10 cryptocurrencies see a dip. BNB remains subdued as Binance’s payment partner woes intensify.
Bitcoin recovers after falling below $26,000 as the ETF excitement bubble bursts
Bitcoin stabilized Tuesday morning in Asia after dropping below the key US$26,000 support level over night. Ether also dipped but held the US$1,600 mark.
Bitcoin stabilizes as ETF enthusiasm tapers off
Bitcoin stabilized above the US$26,000 mark following last week’s sell-off. Top cryptos struggle to gain momentum as Bitcoin ETF applications continue to be delayed.
Bitcoin, Ether stable after last week’s nosedive; XRP leads crypto gains; US stock futures mixed
Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.
XRP erases gains from Ripple’s partial victory as Bitcoin falls 10% in a week
Macroeconomic factors hit investor sentiment while a U.S. judge’s consent to SEC over its ongoing tussle with Ripple Labs affects crypto prices.
Over $1 billion in crypto market liquidations as Bitcoin hits 2-month low
Bitcoin traded at around US$26,800 on Thursday morning in Asia after hitting a two-month low of around US$25,400. Ether fell below US$1,700.
Bitcoin steady at US$28,500; Dogecoin leads market decline in Asia
Global institutional intrigue in digital currencies grows but the cryptocurrency market shows no signs of rallying.
Will Singapore steady the stablecoin ship?
Top blockchain and crypto news: Singapore steps up stablecoin rules. DeGods decline. Hong Kong’s third crypto license.
Bitcoin extends losses as BNB falls after Binance closes payment service
Bitcoin extends the day’s losses but keeps above US$29,000, while Binance’s BNB drops amid exchange’s payment service closure.
Alotta NFTs, alotta volume
NFT data reveals a staggering 876,000 transactions across DMarket, DraftKings, Gods Unchained, and Sorare. DMarket alone boasts over 15 million NFTs. Combined, these giants account for nearly one-third of all NFT transactions.
Bitcoin, Ether dip amid low volatility; Solana gains
Bitcoin traded flat on Tuesday afternoon in Asia. Ether dipped, while most other top 10 non-stablecoin tokens traded flat to lower. Solana rose.
Bitcoin trading sideways; NFT transactions soar; Nvidia leads Wall Street rally
Bitcoin edged higher on Tuesday morning in Asia. Ether also edged up, while other top 10 non-stablecoin tokens traded flat to higher. Solana led the winners.
Bitcoin inches up; Dogecoin, Solana lead losses
Bitcoin rose slightly in the past 24 hours while Ether lost. Dogecoin and Solana were the day’s biggest losers, both dropping by over 1%, although both posted gains on the week.
Paypal launches stablecoin, SFC issues warning as Crypto comes to rescue in war
Welcome to Forkast IQ, presented by Angie Lau, where we look beyond the headlines to get you insights that power smarter decisions. Coming up on today’s show:
Bitcoin slips but remains in ‘bullish scenario’ above US$27,500; Ether, most top 10 cryptos slide
Bitcoin and Ether fell during Friday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Despite its recent crab walk, Bitcoin is in a “bullish scenario” as long as it holds US$27,500, industry experts told Forkast.
Y00ts NFTs to migrate again — this time to Ethereum
Y00ts, a non-fungible token (NFT) collection that has been the second most traded NFT collection on Polygon over the past week, announced that it will migrate to Ethereum, the world’s largest blockchain for NFTs.
Is PayPal’s new stablecoin a watershed moment for crypto?
PayPal launches stablecoin. Traditional gamers take on NFTs. Tough times ahead for Huobi.
Will Bitcoin fall to US$28,500? Ether, top 10 cryptos slide
Bitcoin and Ether fell during Thursday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. With a lack of positive news catalysts, Bitcoin could fall to the US$28,500 support level, but US$27,500 is also on the table, industry experts told Forkast.
Bitcoin, Ether dip but more bullish times ahead?
Bitcoin dropped on Thursday morning in Asia after briefly breaching the US$30,000 level. Ether also dipped, while other top 10 non-stablecoin tokens traded mixed.
Bitcoin, Ether rise near key levels, Sol leads gains across top 10 cryptos
Bitcoin and Ether rose during Wednesday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. With over 69% of Bitcoin supply inactive for over a year, long-term investors remain bullish on the world’s first cryptocurrency, industry experts told Forkast.
NFT gamers ready to get wrecked
Wreck League: New PVP NFT game with custom mechs set to dominate. Partnerships with Yuga Labs and Bored Ape Yacht Club promise big potential in shifting NFT market landscape.
Back to the future? Why a new wave of blockchain games is a blast from the past: Opinion
The latest in blockchain gaming has shades of game tech and development from the Web2 era. Is this a regression — or sign of a maturing industry?
Bitcoin, Ether rise; Solana leads post-PayPal stablecoin launch rally; several US banks downgraded
Bitcoin rose on Wednesday morning in Asia to trade above US$29,700. Ether also logged gains along with all other top 10 non-stablecoin cryptocurrencies.
Bitcoin, Ether slip as long term holders continue to accumulate BTC
Bitcoin and Ether fell during Tuesday afternoon trading in Hong Kong, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization. Long term investors continue accumulating Bitcoin, despite the asset’s recent price action, industry experts told Forkast.
Bitcoin up as market digests PayPal stablecoin launch
Bitcoin edged up on Tuesday morning in Asia after U.S. multinational payment giant PayPal launched a U.S. dollar-pegged stablecoin on Monday.
Bitcoin, Ether slip as XRP leads declines in top 10 cryptos
Bitcoin and Ether fell during Monday afternoon trading in Hong Kong, with XRP leading losses in the top 10 non-stablecoin cryptocurrencies by market capitalization. Investor sentiment remained subdued given regulatory concerns and a lack of positive catalysts, industry experts told Forkast.
Bitcoin, Ether flat; Solana leads winners
Bitcoin traded flat on Monday morning in Asia to stay just above US$29,000 as the token’s volatility rating hit a record low. The NFT market recorded losses while, in the U.S., equities traders await more earnings reports.
Bitcoin, Ether extend gains; top 10 cryptos mixed
Litecoin lost the most in the past 24 hours, followed by XRP, while Tron led gains.
Bitcoin, Ether fall, along with all top 10 cryptos, after Litecoin halving fails to lift market sentiment
Bitcoin and Ether slipped during Thursday afternoon trading in Hong Kong, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Litecoin led the losers in the top 10, despite successfully completing its third quadrennial halving event yesterday.
Bitcoin Ordinals profitability falls in July, but total inscriptions pile on
Revenue for NFT services on the Bitcoin network, or the aggregate value of marketplace fees and creator royalties, declined over July even as total Ordinals inscriptions crossed 20 million.
Bitcoin returns above US$29,000 support level, most top 10 tokens rise
Bitcoin was the day’s biggest gainer, rising 2.11% in the past 24 hours. Ether rose 1.11%.
The diversity in NFTs
NFT trading volumes continue to stay low but gaming NFTs gave traders some positive news this week.
Bitcoin, Ether extend losses; most other top 10 cryptos fall
Bitcoin fell in Tuesday afternoon trading in Asia, dipping below the support level of US$29,000.
July 2023
Bitcoin, Ether slip, top 10 cryptos fall led by Tron
Bitcoin and Ether slipped during Monday afternoon trading in Hong Kong along with all other top 10 non-stablecoin cryptocurrencies by market capitalization, except the BNB token, with crypto markets poised for an uneventful month ahead, industry experts told Forkast.
Bitcoin, Ether dip but remain range-bound following Curve Finance hack
Bitcoin and Ether prices dropped on Monday morning in Asia, but remained above key support levels. Altcoins fell on Curve Finance hack.
Bitcoin, Ether drop; Dogecoin, Polygon lead losers
Bitcoin and Ether dropped in afternoon Asia trading. Dogecoin, Polygon led losses while Tron and Litecoin gained.
Bitcoin, Ether end week in interest rate, summer doldrums; Binance’s BNB token leads winners
Bitcoin and Ether prices were largely mixed but running into the red on Friday morning in Asia, looking to end the week with losses after a period of directionless trading.
Is Worldcoin’s free crypto more than just a freebie?
Concerns arise over Worldcoin’s free crypto. NFT market does a crabwalk. Japan’s next big thing for the metaverse.