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Asia Pacific
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.
First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge
The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a presidential campaign that made crypto-friendly policies an important issue; major altcoins also decline.
First Mover Asia: India Continues Its Restrictive Approach to Crypto; Bitcoin, Ether Run in Place
The Indian tax authority's recent revision of what was seized in taxes and penalties from crypto exchanges reflects the government's harsh stance toward digital assets; Solana has a banner day.
First Mover Asia: BC Technology Group’s Crypto Platform Made Big Gains in 2021. So Why Are Investors Unimpressed?
OSL, which accounts for most of the Hong Kong company’s business, rose 63% in 2021, but the stock price has lagged bitcoin and other assets; bitcoin and ether tread water.
First Mover Asia: Why Japan, China and Other Regional Powers Still Put Their Faith in T-Bills, Gold; Cryptos Climb Higher
Some observers viewed bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. Treasury bills.
First Mover Asia: Crypto Concerns Weigh on Taiwan PC Component Makers' Stocks; Bitcoin Springs to 3-Month High
Share prices of Asus, Gigabyte and MSI have fallen amid a massive drop in pricing for graphics cards as Ethereum's transition to a proof-of-stake protocol nears; ether and other cryptos gain.
First Mover Asia: Taiwan GameFi Company Gets a Boost in Its Quest to Develop a More Entertaining Game; Altcoins Stand Out
Red Door Digital will use the $5 million seed round from several high-profile venture firms to create games that are technologically superior but also entertaining; bitcoin also rose solidly.
First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water
The expected passage of a finance bill will include a steep crypto tax that the industry says will discourage innovation and cost the country some of its technology talent; several major altcoins rise.
First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?
There was no apparent, clear explanation for the Monetary Authority of Singapore's decision to place crypto fund DeFiance Capital on an "Investor Alert List;" bitcoin and major cryptos surge.
First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises
Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment.
