Market Wrap: Bitcoin Prices Pull Back Ahead of US Inflation Report

Market Wrap: Bitcoin Prices Pull Back Ahead of US Inflation Report By Glenn Williams, Jimmy He Global markets are awaiting the data release scheduled for Wednesday. Bitcoin (BTC) retreated in Tuesday trading, falling 4%. The decline occurred on average volume, suggesting that investors lack conviction in the crypto market’s direction. Ether, the second-largest cryptocurrency by […]

Market Wrap: Bitcoin Starts the Month in Negative Territory

Market Wrap: Bitcoin Starts the Month in Negative Territory By Glenn Williams, Jimmy He BTC gives back a bit of last week’s gain on reduced volume. Bitcoin’s (BTC) started the week with a drop of 3% on lower-than-average volume. The cryptocurrency is down 51% year to date. The coin’s dominance, a metric that measures the […]

Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week

Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week By Glenn Williams Digital assets have been rallying despite the Fed’s rate hike and the decline in GDP. Bitcoin’s (BTC) finished the week 5% higher, gaining ground for the second consecutive week. It was also the third positive week in the last four for […]

First Mover Asia: Binance Deserves Some Criticisms, but It’s Not a ‘Ponzi Scheme’; Bitcoin Tumbles

First Mover Asia: Binance Deserves Some Criticisms, but It’s Not a ‘Ponzi Scheme’; Bitcoin Tumbles By Sam Reynolds, James Rubin Binance CEO Changpeng Zhao has a reasonable point in his lawsuit claiming defamation from a translated Chinese language article title; ether falls. Prices: Bitcoin suffers through another day of declines; ether falls. Insights: Binance merits some criticism, […]

The SEC’s Escalating Battle Against Crypto

The SEC’s Escalating Battle Against Crypto By Nathaniel Whittemore An overview of the SEC’s insider-trading charges filed last week. https://content.production.cdn.art19.com/validation=1658906159,52c4102e-28d0-5a78-8370-6257d94f9827,XAA2nu-gz-b6loFPDdtdi0c3L60/episodes/d96c738f-1294-45fd-bec2-3266a1707791/b5ae881bf23ee21bfed3e599199bd3d4663904f4e0c360a413e450595f17e1512d38928b3f83808e52869474da3d13a3e4e6f11dd06d081cd24c67e989f77215/BD2022-07-25_SEC_Battles_Crypto_RELEASE.mp3   On today’s episode, NLW catches listeners up on the criminal charges filed against a former Coinbase employee and two of his associates last week around insider trading. The charges come from the Justice Department […]

First Mover Asia: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors

First Mover Asia: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors By James Rubin, Sam Reynolds Cathie Wood’s Ark Invest, ETF issuer Exchange Traded Concepts, Cullinan Associates and Utah-based Refined Wealth Management all significantly added COIN to their portfolios as per June 30 filings. Prices: Bitcoin trades sideways on Sunday but drops below $22.4K. Insights: Crypto […]

First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018

First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018 By James Rubin, Sam Reynolds The largest cryptocurrency had hovered well above the psychologically important threshold for the previous four days. Prices: Bitcoin falls under $21K; ether is flat. Insights: The ICO crypto crash of 2018 can’t happen in 2022. Prices Bitcoin […]