In the current market cycle, bitcoin’s drawdown has been much less profound than in previous periods.
In Ingushetia, a criminal case has been opened against an illegal miner. A resident of the republic was found by the police to have unaccounted electricity consumption for cryptocurrency mining.
The price of the first cryptocurrency on Monday night collapsed to $65 thousand per coin for the first time in March.
Mortgage finance giant Fannie Mae will soon begin accepting cryptocurrency-backed mortgages for the first time, marking the expansion of cryptocurrencies into mainstream financial operations, the Wall Street Journal reports.
The average public miner spent $79,995 dollars to produce one bitcoin last quarter. Bitcoin is currently trading at $70,000. The math doesn’t add up, so the industry is shifting its focus to artificial intelligence, contracting $70 billion and liquidating bitcoin reserves to fund the transition.
Bitcoin fell on Friday, ending a quiet week as risk aversion over war with Iran and anticipation of a massive $14 billion options expiration made traders cautious about cryptocurrencies.
Since the beginning of 2026, the Himalayan Kingdom of Bhutan has withdrawn bitcoins totaling $150 million from its reserves and continues to actively sell the cryptocurrency. This makes investors carefully analyze the purpose and motives behind such actions.
Since January 2023, total transaction volume in stable tokens pegged to non-U.S. dollar currencies has increased from $600 million to $10 billion.
Large investors are abandoning buying a wide range of altcoins in favor of bitcoin, Ethereum and AI technologies.
A Moldovan court on Monday authorized the extradition of a Ukrainian citizen from Moldova to India in a Rs 177 billion (MDL 371.7 million) scam case. The money laundering case is related to the financial pyramid scheme of the jewelry company Torres Jewellers.
