Moscow, the Moscow Region, and parts of Kursk have banned Bitcoin mining and participation in mining pools until December 31, 2032, under a government decree aimed at preserving power grid stability. The Energy Ministry introduced this year-round restriction to address power capacity shortages caused by energy-intensive crypto mining. Russia, the world's second-largest Bitcoin mining power, had legalized registered mining in 2024 but has since restricted mining in multiple regions due to rising electricity demand. This move highlights ongoing tensions between crypto mining's energy needs and regional power supply limitations, with mining currently consuming about 1 gigawatt in Moscow's power system. The ban also aligns with Russia's strategy to manage energy resources amid Western sanctions.
A Vice President at WM sold 1,365 shares valued at $300,000. Insider sales like this can indicate the executive's personal financial decisions but do not necessarily reflect the company's outlook. Investors should watch for any further insider activi...
Gold trades near $4,340 and silver near $67 as US-Iran negotiations and oil supply developments influence markets. Brent oil fell below $100 amid hopes for increased supply, easing inflation concerns and potential Fed rate hikes. Gold faces resistanc...
Shares of South Korean solar firms Hanwha Solutions and OCI Holdings rose more than 8% as U.S. restrictions on Chinese solar products remain firm ahead of the Trump-Xi summit. Analysts say the U.S. is unlikely to ease these restrictions due to solar ...
XRP has recovered sharply from a dip near $1.39 to hold around $1.55, maintaining a bullish price structure. The token faces resistance at $1.55, which if cleared decisively, could reduce selling pressure and boost upward momentum. Meanwhile, Binance...
Leidos Holdings was upgraded from Hold to Buy following strong Q2 2026 earnings, with growth in Defense, Homeland, and Intelligence & Digital segments offsetting weakness in Health. The company’s backlog rose to $48.7 billion, with funded backlog up ...
