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Russia Set to Recognize Bitcoin Mining as Economic Activity

[Jun 10, 2024 3:39 PM] According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law…

Double-Digit Gainers and Losers Define a Turbulent Week in Crypto

[Jun 10, 2024 7:52 AM] At press time on Monday, the global cryptocurrency market is valued at $2.53 trillion, reflecting a 0.89% decline over the last day. In the past week, six tokens have experienced double-digit gains, with the meme coin brett (BRETT) increasing by…

6 US Banks Face Moody’s Downgrade

[Jun 9, 2024 6:45 PM] Moody’s has initiated a review for potential downgrades of six U.S. regional banks due to their considerable exposure to commercial real estate (CRE) loans. Moody’s Corporation, established in 1909 and recognized as one of the…