Stablecoin loan repayments flag early signs of Ethereum volatility, report finds

[ad_1] Repayments of on-chain loans using stablecoins can often serve as an early warning indicator of liquidity shifts and volatility spikes in Ethereum’s (ETH) price, according to a recent Amberdata report.  The... Read more »

Kentucky governor signs ‘Bitcoin Rights’ bill into law

[ad_1] Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation advanced. Crypto... Read more »

Montenegro’s Justice Minister signs order to extradite Do Kwon to US

[ad_1] Montenegro’s Minister of Justice, Bojan Božović, has signed an order to extradite Terraform Labs co-founder Do Kwon to the US. Montenegro’s Supreme Court recently determined that all legal conditions for Kwon’s... Read more »

XRP Ledger shows signs of increasing usage, suggesting XRP price increase

[ad_1] CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger’s (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is... Read more »

Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt

[ad_1] Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed... Read more »

Putin Signs Law Declaring Crypto as Property in Russia

[ad_1] Russia officially declares cryptocurrency as property, unleashing groundbreaking tax rules: mining exemptions, progressive income taxes, and steep corporate levies starting in 2025. Crypto Officially Property in Russia After Putin Signs Landmark... Read more »

Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid

[ad_1] Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud gaming... Read more »

Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade

[ad_1] Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws... Read more »

Putin Signs Law to Regulate Crypto Mining in Russia

[ad_1] Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November. This legislation establishes a regulated framework... Read more »

Louisiana signs bill to ban CBDCs, protect right to self-custody and mine crypto

[ad_1] Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June 19. The bill, HB 488, prevents governing authorities from accepting or... Read more »