Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ($3,800), while a knowledge test can raise this limit to 3 million rubles. The law removes wallet disclosure requirements but keeps oversight by the Bank of Russia, effective September 1, 2026, signaling Russia's regulated approach to crypto amid Western sanctions. This move aligns with global trends as countries like Japan also formalize crypto regulations for financial use.
On August 11, cryptocurrency markets displayed mixed performance. XRP remains bearish, trading near $1.03 with resistance at $1.07-$1.18 and risk of further decline if it falls below $1.00. Zcash holds a stronger technical position above key moving a...
Trump Media and Technology Group reported a decline in its Bitcoin holdings to 9,477 BTC as of June 30, 2026, down 65 BTC from March. The company faced $360.6 million in cryptocurrency losses in the first half of 2026 due to falling Bitcoin and Crono...
Cryptocurrency markets saw a general decline with Bitcoin falling 1.6% to $64,064 and Ethereum dropping 2.2% to $1,876. Other major coins like Binance Coin and Solana also experienced small losses. Stablecoins remained steady, while some smaller toke...
Bitwise CIO Matt Hougan predicts Bitcoin will finish 2026 significantly higher, citing that negative news no longer impacts the market and sellers have mostly exited. Institutional exposure to Bitcoin has grown, with allocations rising to 4-5% under ...
Bitcoin has fallen about 49% from its October 2025 peak but remains above $60,000, showing resilience amid geopolitical tensions, institutional selling, security breaches, and internal protocol disputes. Unlike previous bear markets that saw losses o...
