13 Regions Face Crypto Mining Ban Under Russia’s New Energy Policies

Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yevgeny Grabchak confirmed the decision, which targets 13 regions, including Irkutsk, Buryatia, and Transbaikal, excluding Moscow. The extended enforcement periods were … Read more

Grayscale’s Bitcoin and Ethereum Mini ETFs See Share Prices Multiply

Grayscale Investments has finalized reverse share splits for its Bitcoin Mini Trust ETF (BTC) and Ethereum Mini Trust ETF (ETH), effective Nov. 19, 2024. These splits adjust share prices relative to their net asset values, with BTC shares increasing fivefold and ETH shares rising tenfold, while reducing the number of outstanding shares proportionally. Fractional shares … Read more

SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have taken major actions against … Read more

Peter Brandt Spotlights XRP’s Bullish Setup and Potential Breakout Rally

Veteran trader Peter Brandt has identified a bullish “massive coil” pattern for XRP, signaling a potential breakout, while legal uncertainties and regulatory shifts fuel market speculation. Peter Brandt’s Chart Insight Sparks Debate on XRP’s Next Market Move Peter Brandt, a renowned trader and chartist, highlighted a bullish outlook for XRP in a post on social … Read more

US Space Force Major Applies for Military Advisor Position on Bitcoin Strategy

A U.S. Space Force major aims to shape defense policy by advocating a national bitcoin reserve and highlighting proof-of-work technology’s role in strategic security. Jason Lowery Pushes for Bitcoin Strategy Role in National Security Council Jason Lowery, a major in the U.S. Space Force and a prominent advocate for bitcoin’s role in defense strategies, has … Read more