Russia showed multiple activities around Bitcoin & Cryptocurrencies, as Donald Trump signed an executive order to approve the Bitcoin Strategic Reserve (BSR). Summary Russia is now officially using Bitcoin for international trade. President Vladimir Putin instructed the country’s central bank to change its strict stance around Cryptocurrencies. The Bank of Russia has been trying to
Based on whispers from unnamed insiders quoted by Reuters, Russia is reportedly turning to bitcoin, ether, and stablecoins as tools in its oil trade with China and India. These insiders, described as having “direct knowledge of the matter,” opted to stay in the shadows, citing the delicate nature of the topic. Shadow Claims: Russia Allegedly
The dominant cryptocurrency traded above $83,000, while gold soared past $3,000 for the first time, as tariff-wary investors chose it as a safe haven asset. Gold Soars Past $3K While Bitcoin Chugs Along Above $83K Bitcoin (BTC) saw modest gains over the past 24 hours, rising 0.76% to $83,486.74, though it remains down 6.14% over
Web3 game developer Sky Mavis has announced Axie Infinity: Atia’s Legacy, an upcoming massively multiplayer online (MMO) game set in the Axie universe of Lunacia. The game aims to deliver an immersive experience that builds on seven years of web3 gaming expertise. Atia’s Legacy will feature squad-based combat, a unified progression system, and a mix
Crypto.com has received a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer derivative products such as futures and perpetual swaps, marking a major step forward in its global expansion strategy. Dubai’s VARA Grants Crypto.com Approval to Launch Derivatives Products Crypto.com has secured a limited license from Dubai’s Virtual Assets Regulatory Authority (VARA),
The U.S. is moving forward with integrating bitcoin into the financial system. Senators Cynthia Lummis (R-WY) and Nick Begich (R-AK) have reintroduced the BITCOIN Act, which would establish a national bitcoin reserve by purchasing 1 million BTC over the next 5 years. This follows President Donald Trump’s recent executive order to create a federal bitcoin
A recent report by ChainPlay, a one-stop hub for all-things blockchain gaming, and Storible, a digital PR agency, reveals that nearly 80% of crypto investors have bought president-endorsed memecoins such as $TRUMP, $CAR and $LIBRA. However: Two-thirds of these investors are losing money. Report Background According to ChainPlay and Storible, the study surveyed 1,066 crypto
Brazil will push crypto initiatives, including a blockchain payment system, to expedite international trading as part of its presidency at BRICS this year. Local media stated this would be a priority for the South American giant’s plans for the organization. Brazil to Push Hard for Crypto Implementation in BRICS Trade The agenda of Brazil as
Following the recent $LIBRA memetoken fallout, which exposed widespread insider trading, local thought leaders George Isaac Asibal and Steve “Icesteam” Jimenez shared their thoughts on whether crypto is an insider’s game. Why it matters: The insights of these local thought leaders are significant for crypto traders, as they shed light on whether the market is
A market intelligence platform has attributed the drop in crypto-wide trading volume since Feb. 27 to “exhaustion, hopelessness, and capitulation.” ‘Diminishing Trader Enthusiasm’ According to Santiment, a market intelligence platform, the drop in crypto-wide trading volume since Feb. 27 can be attributed to a combination of “exhaustion, hopelessness and capitulation.” Santiment adds the consistent decline