Sam Reynolds

First Mover Asia: What’s in HSBC’s Metaverse Fund for Hong Kong, Singapore Private Banking Clients?; Bitcoin Declines

The financial services giant has been short on specifics, and the mystery underscores the difficulties in defining what belongs in such products; ether also falls.

Apr 10, 2022 at 11:18 p.m. UTC

Apr 10, 2022

Hong Kong's Exchange Square, home of the Hong Kong Exchange (See-ming Lee/Flickr)

Markets

First Mover Asia: Bitcoin Set to Close Week Underperforming Major Japan, China Stocks

Investors in the region were more risk-averse this week amid fresh evidence of the U.S. central bank's commitment to hawkish monetary policy and an unsettled macroeconomic env...

Apr 7, 2022 at 10:42 p.m. UTC

Apr 7, 2022

Finance

First MoverMarketsTradingInvestingBitcoinFederal ReserveMetaverseDecentralandAxie InfinityThe SandboxTerraStablecoin

First Mover Americas: Luna Foundation Guard Is Back Buying Bitcoin, Fed Minutes on Deck

The latest moves in crypto markets in context for April 6, 2022.

By Omkar Godbole Parikshit Mishra Sam Reynolds

Apr 6, 2022 at 1:41 p.m. UTC

Apr 6, 2022

Markets

Axie infinity

Metaverse Majors Struggle as User Base Falls Short of Market Expectations

Decentraland, Axie Infinity and The Sandbox have larger valuations and fewer active users than non-blockchain games.

By Sam Reynolds

Apr 6, 2022 at 9:57 a.m. UTC

Apr 6, 2022

Axie InfinityDecentralandGameFiThe SandboxMetaverseAnalysis

Markets

First Mover Asia: Singapore Wants More Control Over Crypto Companies That Call It Home but Aren’t There; Major Cryptos Drop

Many crypto companies, especially those with roots in Asia, choose to register their companies in Singapore, but the city-state has grown uncomfortable with the scale of this...

Apr 5, 2022 at 10:33 p.m. UTC

Apr 5, 2022

Markets

First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat

A report by the crypto exchange Gemini found that about two in five Indonesians own cryptocurrencies; ether also held its ground.

First MoverAsia PacificBitcoinEtherAltcoinsIndonesiaGenesis

Apr 5, 2022 at 4:39 a.m. UTC

Apr 5, 2022

Markets

First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday

Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%; bitcoin and ether are up...

Apr 3, 2022 at 11:03 p.m. UTC

Apr 3, 2022