# First Mover Asia: Cryptos Dive Deep Into the Red

By [567](https://paragraph.com/@567-4) · 2022-11-21

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ALSO: Sam Reynolds writes that the crypto industry might be better off in the long run if such major initiatives as Grayscale’s Bitcoin Trust and Solana wound down.

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*Originally published on [567](https://paragraph.com/@567-4/first-mover-asia-cryptos-dive-deep-into-the-red)*