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Latest from Sam Reynolds
First Mover Asia: Bitcoin Holds Steady Over 20K, USDC's ‘Flippening’ of USDT and the Stablecoin Bear Market
Ether and most major altcoins spent much of the day in the green; a crisis in confidence has put pressure on the USDT peg.
First Mover Asia: A Chinese Alternative to Dollar-Based Stablecoins? Widening the Use of the CNH Presents Challenges; BTC Remains Above $20K
The token is a version of China’s currency designed for offshore use; other cryptos are mixed in light trading.
First Mover Asia: Bitcoin as Digital Gold and Inflation Hedge. Really? BTC Is Under Water, While the Metal You Can Hold Is Breathing Air; Cryptos Rebound Sunday
A Sunday rally had bitcoin perched back over $20K and ether above $1.1K, but the recent Terra and Celsius debacles have increased investor anxiety about the digital assets' ability to maintain those levels.
First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K
The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops 13%.
Gaming DAO Merit Circle, YGG ‘Terminate Relationship’
Merit Circle members had proposed canceling YGG’s investment in the organization because of a lack of perceived added value. Now the two are parting ways.
Binance CEO Changpeng Zhao Questions SEC Investigation Into BNB
The founder of the world's largest crypto exchange stopped short of denying SEC interest in Binance’s exchange token.
Mike Novogratz Predicts Next Crypto Cycle Begins in October
The outspoken CEO of Galaxy Digital and former "Lunatic" predicts that the Fed needs to flinch before crypto can recover.
Terraform Labs Loses US Appeal Over SEC Subpoena
The court found that the SEC followed its own rules on serving subpoenas.
First Mover Asia: Crypto’s Institutional Future May Be Incompatible With Litecoin’s Privacy Protecting Features; Bitcoin Falls
Major South Korean exchanges are delisting the token after privacy upgrades involving the MimbleWimble protocol designed to make transactions confidential and virtually untraceable.
First Mover Asia: For the Metaverse to Be a $13T Opportunity, Much Has to Change; Bitcoin Rises Late Past $31K
A Citi report makes a bold prediction, but major metaverse platforms are struggling to attract committed users; altcoins are mixed.
