Russia’s State Duma Financial Markets Committee adopted a revised cryptocurrency regulation bill ahead of its second parliamentary reading. The move was communicated by the Committee Chairman Anatoly Aksakov via the official Telegram channel. Lawmakers discussed several amendments to the previous version of the bill. The new proposal scraps one of
The post Altcoin Market Reaches Extreme Underperformance, 40% of Coins Trade Near Their ATL appeared on BitcoinEthereumNews.com.
One of the major drivers of this underperformance is the low liquidity despite thousands of coins being created and added to the market daily. The bear cycle is heavily affecting altcoins as expected. With bitcoin (BTC) struggling to remain above $60,000, this group of cryptocurrencies is having it worse. A report from the market analysis platform CryptoQuant revealed that about 40% of altcoins are currently trading around their all-time low (ATL). This dynamic reflects an extreme level of underperformance among most projects. Altcoins in Extreme Underperformance According to CryptoQuant analyst Darkfost, the extreme underperformance of altcoins reflects the harsh reality facing projects that chose to launch tokens. The analyst said he initially built the Percentage of Altcoins Near ATL chart to visualize coins trading below 25% of their all-time low, only
Poland's missile deal with Anduril may heighten Eastern Europe's military readiness, influencing NATO-Russia dynamics and regional stability.
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Putin's stance suggests prolonged conflict, reducing ceasefire prospects and impacting market stability amid ongoing military tensions.
The post Putin claims Ukraine’s energy attacks won’t destabilize Russia appeared first on Crypto Briefing.
The U.S. license for Ukraine to produce Patriot systems could shift military dynamics, potentially impacting territorial disputes like Crimea.
The post US grants Ukraine license to produce Patriot defense systems amid Russia conflict appeared first on Crypto Briefing.
The post India’s tax office backs RBI’s lean toward crypto prohibition appeared on BitcoinEthereumNews.com.
India’s Income Tax Department has thrown its weight behind the Reserve Bank of India’s push to restrict cryptocurrencies, citing widespread underreporting and the difficulty of tracing offshore trades, according to government documents reviewed by Reuters. The documents, dated May and June, show the central bank restating a position it has held for years. The RBI wants India’s policy on digital assets to be “leaning towards prohibition.” It also wants banks and other financial institutions barred from holding, trading, or taking any exposure to crypto or privately issued stablecoins, stating that such links could spread trouble across the country’s financial system. What is new is the tax department’s public backing. Officials told the government that trades routed through overseas exchanges are hard to monitor, which raises the risk of evasion. In the financial year that ended i
North Korea's arms supply to Russia may escalate regional tensions, impacting global security dynamics and prompting strategic realignments.
The post North Korea supplies up of Russia’s artillery shells: Ukrainian intel appeared first on Crypto Briefing.
Enhanced China-Russia military ties could shift Ukraine conflict dynamics, challenging Ukraine's defenses and affecting strategic outcomes.
The post Over 550 Chinese troops trained in Russia under military internships: Ukraine appeared first on Crypto Briefing.
