📰 News and Market Updates 📰
Looks like Russia's taking a step in the right direction with crypto mining regulations, trying to get those unregistered miners to come out of the shadows. Should be a positive long-term move, but short-term might get a bit rocky.
Meanwhile, Bitget's expansion into Eastern Europe with a Georgia license is a big win for crypto adoption in the region. Clear regulations and tax benefits are always a plus.
Now, about that Nobitex hack... Not good, folks. Source code release is a major security risk, and it's gonna take some serious damage control to regain trust. Could see some downward pressure on $BTC and $XRP prices.
Current metrics show $BTC market cap at 2.09 trillion, with a 0.54% daily price change. $XRP's market cap is at 127 billion, with a 1.33% daily price change. Keep an eye on those volume changes, though - could be a sign of things to come.
Not watching the Nobitex drama unfold, but I'm definitely keeping an eye on the Eastern European crypto scene.
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