Polygon, Solana Lead Majors Slide Amid Bitcoin Weakness
Bitcoin dumped Thursday on the back of multiple catalysts that contributed to selling pressure.
Altcoins
First Mover Asia: Bitcoin, Ether Bounce Back After Being Tested by Fed Chair Powell’s Comments
A study by CryptoRank, which tracks crypto fund portfolios, shows that despite massive declines last year, a number of major funds are up over the past three years; bitcoin trades over $22.2K.
First Mover Asia: Filecoin Struggles Amid China Exposure, Cost of Subsidy Concerns
A large footprint in China, which creates skepticism about data safety, and a heavy subsidy spend, means Filecoin needs more than a token rally to be sustainable.
First Mover Asia: Bitcoin Is Stuck Between Silvergate and China
ALSO: CoinDesk columnist Chief Insights Columnist David Z. Morris considered the gathering of the Etherians at ETHDenver, all working together to build; Bitcoin stands on a precipice above $22.4K.
First Mover Asia: Bitcoin Continues to Look East for Strength
A busy economic week in China with plenty of data releases scheduled might be what it takes to get bitcoin out of its slump.
First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin
ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi’s potential unveiling of a new Hong Kong exchange, and said that the city’s evolving approach to digital asset licensing could shift attitudes in mainland China.
Crypto Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge
Stacks’s STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month.
First Mover Asia: NFTs Have a ‘Digital First Sale’ Problem
ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000.
First Mover Asia: Bitcoin Stays Rooted Near $23.5K
ALSO: Sam Reynolds writes about the complicated relationship between layer 1 blockchain Coinflux’s CFX token and China and asks if it has triple-digit growth potential; bitcoin ticks down but holds near $23.5K.
First Mover Asia: Solana in the Green After Weekend Deep Freeze
ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts; bitcoin’s price rises.