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.
Bitcoin has rebounded about 15% from early July lows, climbing above $66,600 for the first time in over a month. Analysts from Bitfinex identify $68,000 as a crucial resistance level where many recent buyers might sell, potentially stalling the rally...
Ethereum has surpassed the 10% threshold of total crypto market capitalization, marking its strongest weekly gain among the top cryptocurrencies with nearly a 9% increase. This surge outperformed Bitcoin and other major assets, driven by significant ...
Bitcoin shows signs of potential volatility as realized profits near $65k and spot demand weakens, raising risks of a sharp price drop. Despite this, whales have accumulated over 66,000 BTC during recent price dips, signaling strong conviction and a ...
President Donald Trump finalized a US crypto clarity bill aimed at defining regulatory boundaries for digital assets, coinciding with continued strong inflows into Bitcoin and Ethereum spot ETFs, reflecting sustained institutional interest. The bill ...
Bitcoin, currently down over 25% year-to-date and 48% below its October 2025 all-time high, is showing signs of a potential relief rally in August. Crypto ratings platform Weiss Crypto predicts Bitcoin could climb back above $70,000 next month, thoug...
