Crypto News

“Under favorable conditions, ETH may reach $6,000–7,000 this year,” an analyst told Decrypt.Source link

Cryptoquant researchers warn bitcoin is teetering between historically undervalued levels and possibly the precipice of a prolonged bear market, with critical onchain metrics signaling heightened downside risks. Valuation Metrics Hit Cycle Lows: Is Bitcoin Primed for a Crash or a Rebound? Cryptoquant’s latest institutional insights report reveals bitcoin is navigating its most bearish phase ofSource link

The Bank of Russia has submitted proposals to the government for a controlled experiment allowing a “limited group of Russian investors” to trade cryptocurrencies, based on a directive from the country’s President Vladimir Putin.The plan would introduce an experimental legal regime (ELR) lasting three years wherein “particularly qualified” investors would be allowed to conduct cryptocurrency transactions, according to a statement from the central bank.To be considered “particularly qualified,” individual investors would need to have over 100 million rubles ($1.14 million) in investments or an annual income exceeding 50 million rubles ($570,000). Institutions recognized as qualified investors would also be able to trade cryptocurrency.The initiative aims to establish standards for crypto-related services and increase market transparency while expanding investment opportunities for...

Major meme coins are bouncing despite the traditional stock market continuing to decline amid President Donald Trump’s trade war.Source link

This content is provided by a sponsor. PRESS RELEASE. On May 9-10, 2025, Blockchain Week Rome returns for its sixth edition. BWR25 confirms its position as the largest Italian event dedicated to blockchain and crypto, a key reference point in the Mediterranean, set to welcome over 4,000 participants at the Palazzo dei Congressi, EUR, Rome.Source link