Key Takeaways Russia’s central bank seeks to enable crypto purchases for highly qualified investors only. The experimental legal regime excludes crypto as a means of payment between residents. Share this article The Bank of Russia has submitted proposals to the government outlining a regulatory framework for crypto investments, according to a Wednesday press release published…
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On Tuesday, March 11, bitcoin ETFs experienced net outflows of $371 million, marking a full week of consecutive withdrawals. Ether ETFs also faced challenges, with $22 million in net outflows, extending their streak to five days. Market Caution Prevails With Bitcoin and Ether ETFs Seeing Continued Withdrawals Investors continued to reassess their positions in bitcoin…
Thailand has officially approved the trading of two major stablecoins, Tether (USDT) and USD Coin (USDC). The Thai Securities and Exchange Commission (SEC) announced the approval on 6 March 2025. “The SEC has revised the criteria for the cryptocurrencies list to be used for investment in digital tokens through ICOs process, for ICO portals to receive…
With Tesla stocks plunging, owners rushing to sell their vehicles, and protests against Elon Musk’s car company growing, it’s been a bad time for Tesla and its Trump-supporting CEO. And on Tuesday, The Late Show host Stephen Colbert used his monologue to break it all down. “Here’s the thing. This downturn didn’t just start yesterday,…
Strategy announced that the company is planning to raise up to $21 billion through the sale of preferred stock. This is part of the company’s long-term plan to buy more bitcoin (BTC) and improve its position as the world’s largest corporate holder of the scarce digital asset. Strategy’s plan is to issue 8% Series A…
Speed isn’t just a challenge for blockchain – it’s the deciding factor between adoption and obsolescence. If Web3 can’t match the seamless experience users expect, it won’t matter how decentralized or innovative it is. The current state of development speaks volumes: according to a16z’s Builder Energy Dashboard, which tracks where crypto’s builders are focusing their…
A mobile shooting game developed by Tencent is using DeepSeek to power an in-game assistant that can, among other things, give players fortune-telling readers about whether they are going to have a great gaming session that day or not. CGN Power, a state-owned nuclear power company, vaguely stated that it has incorporated DeepSeek into its…
While Binance remains the most prominent exchange for token listings, a study by CryptoNinjas and Storible revealed that 98% of tokens listed on the exchange eventually dump, despite experiencing a strong initial price surge. The study found out that tokens listed on the largest crypto exchange by trading volume pump by 87% on average upon listing….
Binance is expanding its spot trading offerings with new USDC-based spot trading pairs for an array of tokens launching on March 13. On March 12, the leading crypto exchange announced that it will provide trading support for a number of new spot trading pairs, which include CVC/USDC (USDC), EURI/USDC, SYN (SYN) /USDC, USDC/RON, and VELODROME/USDC….
