Russia's new digital currency law will allow retail investors to buy only Bitcoin, Ethereum, and Tether's USDT, with an annual purchase limit of 300,000 rubles (about $4,000). The Central Bank of Russia confirmed this restricted list, citing strict criteria including market capitalization, liquidity, and trading history. The law aims to protect non-professional investors from crypto volatility and risks, and must be enacted by July 1, 2026. Future expansions of approved assets may occur depending on market developments and compliance.
Cryptocurrency markets experienced a broad decline with major altcoins like Ethereum, Solana, and XRP falling sharply, signaling reduced risk appetite among traders. Bitcoin showed relative strength, dropping only 3.35% to $61,844, while its market d...
Bitcoin's daily RSI dropped to 17, a rare oversold signal last seen during the 2020 COVID crash, with prices near key support levels around $62,000 and $58,600. Ethereum also hit a similar oversold level, but lacks a clear investment narrative, causi...
Bitcoin's price dropped below $61,000, falling $18,000 over the past ten days due to ETF outflows, leveraged liquidations, and macroeconomic pressures. This decline signals a shift in market sentiment, with expectations that Bitcoin will not surpass ...
Michael Saylor, head of Strategy, explains that Bitcoin's future will be decided by four groups: maximalists who provide faith, capitalists integrating Bitcoin into traditional funds, technologists developing Layer 2 solutions, and fundamentalists pr...
The CoinDesk 20 index fell 4.8% to 1681.25, with all twenty assets trading lower since the previous day. Bitcoin led the decline among major cryptocurrencies, dropping 2.8%, while Binance Coin also fell 2.9%. The biggest losses were seen in ICP and N...
