The Bank of Russia has proposed new rules restricting retail investors to trading only Bitcoin, Ether, and Tether's USDT stablecoin, with a yearly purchase limit of 300,000 rubles (about $3,600) per currency. This move aims to protect unqualified investors from volatile cryptocurrency price swings by allowing only the most liquid cryptocurrencies. Meanwhile, Sberbank plans to launch a crypto wallet and digital depository integrated into its platforms, pending new digital currency legislation expected next month. These changes come after years of Russia's cautious stance on crypto, including a 2022 ban on crypto payments and mining to safeguard financial stability.
Berkshire Hathaway has allocated 29.7% of its $356 billion investment portfolio to just two artificial intelligence stocks. This significant concentration underscores the growing confidence and interest in AI technologies as key drivers of future gro...
Wolfe Research has increased its price target for Fox Corporation to $93, indicating a strong positive outlook for the media company. This new target suggests a potential 54% gain from the current stock price of around $60.39, well above its 52-week ...
Ethereum surged about 20% from below $1,950 to nearly $2,300 following a breakout driven by derivatives buying and a broader crypto rally linked to U.S. Treasury bond buyback announcements. The price broke through key resistance levels quickly, forci...
The XRP Ledger's decentralized exchange (DEX) automatically routes 0.16% of trades through XRP as a native bridge asset, improving trade execution without user intervention. This native bridging is built directly into the ledger, allowing real-time e...
Arizona Gold & Silver Inc closed a C$12 million strategic private placement with Evolution Mining Gold Operations to fund exploration at its Philadelphia Gold-Silver Project in Arizona. Evolution acquired about 15.1 million units at C$0.80 each, gain...
