A senior Moscow lawmaker says the number of Russian crypto mining firms signed up to the Federal Tax Service’s register has risen tenfold in the past six months. The Russian media outlet RBC reported that MPs claim that more than 1,000 firms are now “legally” mining coins. And this has led one political leader to…
Jack Mallers, founder of Strike, argued in a video shared on X that a structurally higher Bitcoin price is emerging as a necessary component of US fiscal management, linking the growth of stablecoins to demand for US government debt. Framing the newly introduced GENIUS Act stablecoin legislation as “a seminal moment for digital assets and…
Ethereum is undergoing a healthy correction following an explosive multi-week rally that saw its price surge by more than 80% since late June. After reaching new local highs, the market is cooling down, but sentiment remains strong as major players continue to accumulate. In a notable move, World Liberty Financial (WLFI)—a decentralized finance protocol and…
Strategy plans to massively expand its newest STRC offerings from $500 million to $2 billion, aiming to buy more Bitcoin. Several investment banks like Morgan Stanley are reportedly interested in buying. The company aims to hold 1 million BTC, and new stock sales are the best way to achieve this goal. Bitcoin recently hit an…
Bitcoin pulled the entire crypto industry up by the bootstraps after it skyrocketed to a record-breaking price of $122,838 last Monday. This achievement reignited bullish momentum among traders, but Bitcoin has since pulled back 3.5% although hopes are still high for a fresh breakout soon. This impressive upswing has also propelled major altcoins and the…
Anthropic’s AI model, Claude, anticipates that multiple leading altcoins could achieve unprecedented highs in late 2025, propelled by Bitcoin’s formidable upward trajectory. Bitcoin shattered records last Monday by hitting $122,838, a feat analysts argue could accelerate global crypto adoption if the bullish momentum continues. This strong surge has reignited optimism throughout the digital assets sector,…
The cryptocurrency derivatives market has suffered heavy liquidations as altcoins like XRP (XRP) and Dogecoin (DOGE) have plummeted. Crypto Has Seen Almost $1 Billion In Liquidations During The Past Day According to data from CoinGlass, the cryptocurrency derivatives sector has been shaken up by a wave of liquidations in the last 24 hours. “Liquidation” here…
WOO X suffered an authorized breach on July 24, resulting in the theft of roughly $14 million in crypto. The exchange said it is investigating the “contained incident” and revealed that the breach resulted in unauthorized withdrawals from nine user accounts. The exchange has paused withdrawals as a precaution. It added in its statement that it…
Indian crypto exchange WazirX has revealed the date for a creditor revote that, if passed, could pave the way for the long-awaited fund distribution. WazirX Has Revealed The Creditor Revote Timeline In a post on X, WazirX has shared an update on the situation regarding user crypto distribution. The exchange fell prey to an infamous…
Joseph Lubin’s cryptocurrency enterprise has undergone a recent personnel rearrangement, according to recent reports. In the last two years, Consensys has reduced its workforce by 38% amid institutional turmoil, legal battles, and macroeconomic setbacks. Further Restructuring Efforts According to Tuesday’s Bloomberg report, the company behind the MetaMask wallet will reduce its workforce by 7%, or 49…