Latest from Sam Reynolds
First Mover Asia: Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day
The manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet.
Luna Foundation Guard Lends $1.5B in BTC and UST for Stablecoin Peg
The move comes after UST briefly lost its peg to the U.S dollar over the weekend.
First Mover Asia: BitMEX Saga Leaves Lingering Regulatory Questions, Bitcoin Falls
Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of crypto; cryptos had a rough weekend.
Bitcoin Sell-Off Continues as Asian Markets Fall Amid Weak China Cues
Bitcoin continues losses as major markets around Asia end the week.
First Mover Asia: Thailand Has Already Proven Why Taking Crypto for Luxury Items Isn't Working
Gucci will begin accepting crypto payments at five stores as part of a wider commitment, but the success of its initiatives is uncertain; bitcoin plummets in Thursday trading.
Gucci aceptará criptomonedas en algunas tiendas minoristas
La tienda de lujo italiana planea expandir sus métodos de pago en América del Norte.
Gucci to Accept Crypto in Some US Retail Stores: Report
The Italian luxury brand plans to expand the payment mechanism across North America.
First Mover Asia: Bitcoin Minnows Are Resilient as Long-Term Whales Capitulate to Pressure
How long these smaller-scale investors remain committed to their crypto assets will be an interesting trend to observe; bitcoin and ether drop.
Andreessen Horowitz Commits $500M for Indian Startups: Report
The move comes as more VCs target India’s growing startup ecosystem.
First Mover Asia: Why the Metaverse Is a Potemkin Village
Despite breathless headlines about a digital land rush, metaverse platforms are struggling to attract brands and users; bitcoin ticks up slightly.
