Russia's State Duma is set to finalize a new crypto regulation bill on July 21 that will license exchanges and brokers under the Bank of Russia's oversight. The bill classifies cryptocurrency as property, allows crypto for cross-border settlements, but restricts domestic crypto payments. It also introduces purchase limits and risk-awareness tests for retail investors, permitting them to trade only highly liquid assets like Bitcoin, Ethereum, and USDT. These measures are expected to limit long-term domestic demand for Bitcoin and may impact its future price outlook, with the bill's implementation anticipated by September 1, 2026.
Bitmine Immersion Technologies purchased an additional 9,926 ETH, bringing its total Ethereum holdings to about 5.8 million ETH, or 4.8% of the total supply, nearing its 5% target. Chairman Tom Lee highlighted the rising ETH/BTC ratio as a sign of in...
Bitcoin price recovered above $63,600 after dipping to around $62,650, driven by conflicting reports about a US-Iran ceasefire extension. While some sources claimed the 60-day ceasefire was extended, neither government confirmed this, and the negotia...
Bitcoin recently closed a weekly candle below its 200-week moving average for the first time since June 2022, trading around $58,000 to $62,000. This moving average has historically marked bear market lows and acted as strong support during downturns...
Bitcoin showed volatility as reports surfaced about a US-Iran agreement to extend a 60-day ceasefire, which was set to expire. However, Iran's Foreign Ministry clarified there is no binding 60-day deadline in their memorandum with the US, dismissing ...
Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six wee...
