Latest from Sam Reynolds
Hong Kong’s OneDegree to Offer Insurance for Digital Assets With Munich Re
Clients will be able to get reinsurance for crypto.

Luna Foundation Guard Holds Almost 40,000 BTC After Weekend Purchase
Luna Foundation Guard bought $173 million worth of bitcoin over the weekend, but bitcoin is down 2%.

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.

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 environment; cryptos were mixed.

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.

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.

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 arrangement; bitcoin and ether fall.

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 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.

Bitcoin Ends Q1 Closely Following S&P 500
Data from TradingView shows a correlation between bitcoin and the S&P 500 as bitcoin drops below $45,000.

