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First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K
23.9.2022
First Mover Asia: The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%
Ethereum Miners’ $319M Crypto Hoard Hangs Over Market After Merge
23.9.2022
Miners dumped over 16,000 ETH, worth more than $20 million, in the past week, on-chain data showed
Market Wrap: Bitcoin Holds Over $19K, Continues Wild Ride
22.9.2022
Both bitcoin and ether saw wide swings in price over the past day. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
XRP price breaks out of range with a 25% rally, but why?
22.9.2022
XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level
Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more
22.9.2022
Legacy investors often say BTC, ETH and altcoin volatility is too high to warrant a sound investment, but many major corporations have seen even larger drawdowns in their stock prices in 2022
Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low
22.9.2022
While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept...
Total crypto market cap shows strength even after the Merge and Federal Reserve rate hike
22.9.2022
Many of the top-80 cryptocurrencies dropped by 15%+ in the past week, but the Tether premium in Asia-based futures markets shows traders remain calm
‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk
22.9.2022
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hike, 10-year notes reached 3.642% and two-year Treasury notes jumped to a 15-year high...
Biggest Movers: XRP Hits 4-Month High, ALGO up 17% on Thursday
22.9.2022
XRP moved to a fresh four-month high on Thursday, which comes as volatility in the crypto markets eased, following the latest U.S. Federal Open Market Committee meeting. The token rose past a key hurdle in today’s session, hitting its highest point since May. Algorand was another notable...
Bitcoin se mantiene estable, el Banco de Inglaterra sube las tasas en 50 puntos base y la “guerra de divisas inversa” cobra fuerza
22.9.2022
La carrera actual de los bancos centrales que los lleva a subir las tasas y ofrecer soporte a sus monedas para mantener la inflación bajo control sugiere que el camino con menor resistencia para los activos de riesgo es a la baja
First Mover Americas: Bitcoin Up 3% After Wild Ride on 'Fed Rate Day'
22.9.2022
The latest price moves in crypto markets in context for Sept. 22, 2022. First Mover is our daily newsletter putting the latest moves in crypto markets in context
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Near Multi-Month Lows Following Fed Rate Hike
22.9.2022
Ethereum dropped below $1,300 on Thursday, as markets continued to react to the U.S. Fed’s latest decision to raise interest rates. Following speculation of a 100-basis-point hike, the Federal Reserve hiked rates by 0.75%, as it continues to struggle against rising consumer prices. Bitcoin...
Israeli Exchange Bits of Gold Becomes First Crypto Firm to Receive Capital Markets License
22.9.2022
The country's capital markets authority recently granted Israel's first crypto license to a private company that is not currently offering digital asset services, making Bits of Gold the first industry player to receive regulatory approval
Bitcoin Steady as BOE Hikes Rates by 50 Basis Points; 'Reverse Currency Wars' Gain Steam
22.9.2022
The ongoing race among central banks to lift rates and support their currencies to keep inflation under check indicates the path of least resistance for risk assets is to the downside
JPMorgan Sees Concerns for Ethereum Blockchain After the Merge
22.9.2022
The platform has become less decentralized after the switch to proof-of-stake, the bank said
As XRP Rallies, Some Traders Buy Year-End Bullish Bets in the Options Market
22.9.2022
Investors are snapping up bullish bets in anticipation of a resolution in Ripple's ongoing legal tussle with the U.S. SEC
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance
22.9.2022
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens...
This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower
22.9.2022
Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during...
First Mover Asia: Cryptos Yo-Yo After Hawkish Rate Hike; Ether’s Price Is Down, Regulators May Soon Be Circling. What’s Next for Post-Merge Ethereum?
22.9.2022
Some Merge observers see long-term environmental benefits and price increases, although others are concerned about centralization and regulatory scrutiny; cryptocurrencies plunge after the Federal Reserve's latest interest rate hike
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm
22.9.2022
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move follows a number of financial giants entering the cryptocurrency industry...