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Latest from James Rubin
First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil
Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K.

Bitcoin Friendly Miami Mayor Francis Suarez Jumps Into Presidential Race
Suarez joins an increasingly crowded field as a longshot candidate for the Republican nomination. The mayor has accepted his salary in bitcoin.

XRP Tumbles 8%, Erasing Price Gains from ‘Hinman Emails’ in Ripple Lawsuit
The token fell to as low as 46.18 cents, its lowest level this month, as crypto markets sold off Wednesday afternoon.

Bitcoin Correlations Continue On-Again, Off-Again Relationship With Traditional Finance
The positive relationship between bitcoin and traditional finance is now inverted , highlighting the independence of bitcoin as an asset

Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause
Ether declined more than 3% to $1,650 less than three hours after the Fed ended its more than year-long diet of interest rate increases. ADA plunged more than 5%, while SOL and Matic each dropped over 4%.

First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase
Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase; bitcoin trades flat as Asia equity markets open.

SEC Says It May Make a Recommendation on Coinbase Petition Within 4 Months
The U.S. Securities and Exchange Commission (SEC) hasn't made a decision on whether it will respond to Coinbase's petition for rulemaking and its enforcement action against the crypto trading platform isn't inconsistent with any decision on rulemaking, the regulator said Tuesday.

Bitcoin Seesaws Back Under $26K After CPI, as Investors Await Fed Rate Hike Decision
The U.S. central bank now seems increasingly likely to suspend its more than year-long campaign of interest rate hikes. An analyst flags recessionary concerns in a note to CoinDesk.

Bitcoin, Ether Remain Resilient After Binance, Coinbase Suits, and Amid Long-Running Crypto Industry Turmoil
The two largest cryptos by market value have shown a remarkable ability to weather crypto turmoil and macroeconomic events over the past year.

Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins
The combined market capitalization of BTC, ETH and stablecoins reached the highest level since February 2021, digital asset research firm K33 Research noted.
