On Tuesday, the global crypto market climbed 4.94%, buoyed by bitcoin reaching an intraday peak of $91,761. The leading digital asset has appreciated 5.1% within the past 24 hours, with the broader crypto economy expanding by $130 billion since 5 p.m. on Monday. Bitcoin Booms, Wall Street Rebounds: Dow, Nasdaq, and S&P Ride Tuesday High […] Original
The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold more than 10 trillion rubles ($130 billion) in cryptocurrencies like Bitcoin (BTC), Russian prime minister Mikhail Mishustin claimed at the annual report presentation of the Russian government on Thursday. The prime minister did not mention the source for this figure, noting that the amount is based on “various estimates,” stating: “We are well aware that we have more…