By Emir Abyazov Key highlights: Bitcoin’s hash rate dropped 4% in December, marking its steepest decline since April 2024. VanEck analysts say prolonged hash rate declines have historically preceded stronger Bitcoin returns. Rising energy costs and competition from AI data centers are pressuring miners worldwide. Bitcoin miners are beginning to capitulate, and some analysts believe […]
Tag: Russia
By Emir Abyazov Key highlights: Twelve EU states now impose criminal penalties for using Russian bank cards Real cases already show fines, deportations, and revoked residency New sanctions ban crypto services and expand financial monitoring Possession or use of a bank card issued by a sanctioned Russian bank has become a criminal offense in 12 […]
By Emir Abyazov Bitcoin approached the psychologically important $80,000 mark — the first time in seven months that the leading cryptocurrency has fallen this low, marking a 36% correction from its October all-time high. This sudden downturn became the central driver behind a chain reaction across the market, from retail panic to institutional restructuring, setting […]