altcoins

CDCROP: “It will be telling about how much market power Chinese OG miners still have,” Matthew Graham, CEO of venture capital firm Sino Global Capital, said during an appearance on CoinDesk TV’s “First Mover” on Wednesday. (CoinDesk TV)
First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings
Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much.
CDCROP: “It will be telling about how much market power Chinese OG miners still have,” Matthew Graham, CEO of venture capital firm Sino Global Capital, said during an appearance on CoinDesk TV’s “First Mover” on Wednesday. (CoinDesk TV)

CDCROP: SEC Chair Gensler Testifies In Senate Hearing (Kevin Dietsch/Getty Images)
Crypto Markets Today: Gensler Restates SEC’s Crypto Authority
The chairman said the agency has the basic disclosure and governance requirements to hold digital-asset firms accountable, although he did not address the fallout from crypto exchange FTX’s collapse.
CDCROP: SEC Chair Gensler Testifies In Senate Hearing (Kevin Dietsch/Getty Images)

CDCROP: Bird of Prey (Unsplash)
First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns
ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle.
CDCROP: Bird of Prey (Unsplash)

CDCROP: Grayscale CEO Michael Sonnenshein (CoinDesk)
Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes
The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen in value by nearly 75% this year.
CDCROP: Grayscale CEO Michael Sonnenshein (CoinDesk)

CDCROP: Bike riding (Marianna Lutkova/Unsplash)
First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K
ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public in the U.S. as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction?
CDCROP: Bike riding (Marianna Lutkova/Unsplash)

CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)
Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines
Orthogonal Trading received a default notice, while crypto leader Nexo decided to depart from the U.S. after regulatory discussions hit a “dead end.”
CDCROP: AI generated markets charts graphics red (DALL-E/CoinDesk)

Bitcoin is hovering over $23,000. (Oliver Furrer/Getty Images)
First Mover Asia: Bitcoin Hovers Near $17.3K, but Does It Have Staying Power?
ALSO: Sam Reynolds writes that DeFi total value has been rallying recently after tumbling in mid-November, a sign that investors believe in DeFi's potential.
Bitcoin is hovering over $23,000. (Oliver Furrer/Getty Images)

CDCROP: (Jeremy Thomas/Unsplash)
Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition
The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection.
CDCROP: (Jeremy Thomas/Unsplash)

CDCROP: Man with his head down on his laptop facing the Agony of Defeat (Getty Images)
First Mover Asia: Cryptos' Short Win Streak Ends as Investors Remain Cautious
ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors' continued interest in crypto and may offer hope for the industry's rebound.
CDCROP: Man with his head down on his laptop facing the Agony of Defeat (Getty Images)

CFTC Chair Rostin Behnam speaks at DC Fintech Week (Nikhilesh De/CoinDesk)
Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill
Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX.
CFTC Chair Rostin Behnam speaks at DC Fintech Week (Nikhilesh De/CoinDesk)