First Mover Asia: Malaysia May Be Asia's Next Crypto Hub; Major Cryptos Decline as Russia Onslaught Intensifies

At the time of publication, bitcoin was trading at about $38,300, off slightly over the past 24 hours. Ethereum was changing hands just above $2,500, down 1.7%. Most other major cryptos were firmly in the red. It was the third consecutive day of crypto declines, which started late on Friday as faint hopes for a ceasefire or targeted truce to allow civilians to evacuate besieged cities evaporated.