Latest from James Rubin
First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto
The People's Bank of China maintains strict capital controls over the country's currency; bitcoin rose over $43,000 and most other major cryptos were well into the green.
First Mover Asia: BitMEX Saga Concludes, but We'll Never Know if DOJ Overreached; Cryptos Tumble as Russia Bores Into Ukraine
The guilty plea of the founders of the crypto trading platform with main offices in Hong Kong and Singapore avoided a trial; bitcoin dropped below $37,500 on Sunday after Russian President Vladimir Putin placed his nuclear forces on alert.
First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall
Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000.
First Mover Asia: GameFi's Shaky Prospects; Bitcoin, Ether Inch Higher
Strict regulations on gaming in China and South Korea, among other countries, are likely to reduce the market for GameFi in the Asia-region; bitcoin, ether and most major altcoins rose slightly during U.S. trading hours.
First Mover Asia: Taiwan, Singapore Are Not Stablecoin Fans; Major Cryptos Decline as Russia Invasion Looms
Taiwan and Singapore are wary of ceding control of their currencies; bitcoin, ether and most other major cryptocurrencies fell as Russian President Vladimir Putin made a defiant case for invading Ukraine.
First Mover Asia: The Renminbi Rises; Cryptos Suffer Another Lost Weekend
The value of RMB payments gained over 10% compared to December amid an inauspicious test of the digital yuan at the Winter Olympics. Bitcoin and major altcoins tumbled as tensions continued mounting on the Ukraine border.
First Mover Asia: Investors Flee Crypto, Higher Risk Assets on Mounting Ukraine Tensions
Bitcoin, ether and other major altcoins plummeted as a Russian invasion seemed more likely again. Investors also remained concerned about inflation.
First Mover Asia: Cryptos Hold Their Ground but Investors Remain Wary of Russia Invasion Plans, Inflation
Bitcoin fell earlier in the day but had recovered by the afternoon.
First Mover Asia: Bitcoin Soars Past $44K as Ukraine Tensions Lessen
Ether and other major altcoins rose sharply after Russia said it would be receptive to a diplomatic solution to the ongoing conflict.
First Mover Asia: Bitcoin Finds Firm Footing Above $42K
Investors continue to monitor the escalating tensions on the Ukrainian border as well as this week's Producer Price Index report.