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2 Jun 2026, 09:57
Russia’s new Crypto rules struggle to attract retail investors

According to the Central Bank of Russia, domestic assets related to cryptocurrency instruments remained nearly unchanged for the last six months, remaining close to 3.8 billion rubles ($44 million), per the agency’s Financial Stability Review released on June 1 . For a country that legalized crypto mining in 2024 and is now building a full regulatory framework, the stagnation points for muted retail appetite could limit Russia’s role as a demand driver in global crypto markets. This number holds significance even outside of Russia since the Russian government has used cryptocurrencies to facilitate circumvention of sanctions and engaged the State Duma to pass the first version of its comprehensive digital currency bill on April 21. Under the terms of this bill, authorized organizations will be allowed to engage in Bitcoin and Ethereum trading with accredited clients. This legislation, which will take effect on July 2026, will make Russia one of the few leading countries in the world with a crypto-friendly regulatory environment. Nevertheless, there might be little demand for such services in Russia based on current central bank estimates. This discrepancy is especially evident considering the wider presence of Russia in the digital assets market. According to estimates by Chainalysis , during July 2024 – June 2025, Russia received some $376.3 billion worth of crypto transactions, the largest amount recorded in all of Europe. However, according to the latest figures from the Central Bank, only around $44 million was invested in financial instruments connected with cryptocurrencies. Russian crypto investment growth stalls Six months ago, Russian investors had approx 3.7 billion rubles in crypto-related financial products. Currently, that amount is 3.8 billion rubles, showing only 3% growth, the Financial Stability Review says. Taking into account the fact that the Russian population stands at approximately 146 million, that figure equates to 26 rubles or $0.30 per capita. It demonstrates how little retail investment in crypto derivatives is currently involved, given efforts on the part of the government to introduce regulations into the market. As to specific numbers, retail investors have opened about 5,600 positions worth 1.7 billion rubles in crypto futures. Another 3,800 citizens invested 354 million rubles in financial instruments based on the price levels of Bitcoin and Ethereum, while 271 customers contributed 85.6 million rubles via auto-trading systems that follow traders’ actions. On the institutional side, crypto-linked debt instruments reached 4.1 billion rubles when corporate investors are taken into consideration. Retail investors account for 42% of that market. The bonds were issued primarily by state-backed banks Sberbank and VTB, which structured products tied to Bitcoin’s price, according to the Central Bank’s review. Moscow Exchange crypto products not working? The Moscow Exchange has been adding crypto derivatives steadily. Last year, it launched Bitcoin and Ethereum futures, together with Bitcoin and Ethereum exchange-traded funds. Recently, it has also introduced futures for Solana, XRP, and Tron indices. However, none of the above introductions seems to have made any difference to overall investment volumes. In the past year, the central bank allowed financial firms to issue crypto-linked yield products on one condition, that is, the transfer of any type of crypto asset would not take place and professional investors only would be allowed access. Russia tightens crypto rules Cryptocurrency is to be regarded as property under the legislation being drafted by the Duma, which prohibits its use as a domestic means of payment. Investors will undergo tests and be restricted to an annual investment limit of 300,000 rubles ($3,500), and only assets with significant capitalization listed on the central bank’s white list will be allowed initially. Additionally, a new bill criminalizing unlicensed crypto mining operations was passed by the first reading in the Duma. Fines could amount to 2.5 million rubles, and up to five years’ imprisonment may be imposed on miners who are associated with organized crime groups. A government commission approved measures to prohibit crypto mining in Moscow, Moscow Oblast, and a part of the Kursk region until at least 2032, revealed Deputy Energy Minister Evgeniy Grabchak to TASS. The above measure is related to the practical necessity of restricting mining activities because it caused electricity shortages in regions where such companies operated after the legalization in 2024. According to reports, Russia has previously prohibited mining in 13 regions until 2031 and less than 1,500 out of 50,000 businesses have been officially registered. Why Russia’s market remains small The crypto market in Russia is still minuscule in comparison to its economy and even in comparison to the daily global trading volume of cryptos. With the retail exposure of only 3.8 billion rubles, which equates to about $44 million according to current exchange rates, Russia’s crypto market is insignificant compared to the hundreds of billions in global cryptocurrency daily trade. It should be noted that despite a newly established regulatory regime for cryptocurrency investments, with its limits for investment amounts, restrictions on professional investors, and a whitelist containing only Bitcoin and Ethereum, Russia will not turn into a source of additional retail interest soon. The regulated market for crypto investments in Russia can be classified as tiny not only in comparison to its own economy but also in comparison to its crypto footprint in general. With a reported retail exposure of 3.8 billion rubles, or about $44 million, it pales in comparison to the $376.3 billion worth of crypto currency transactions estimated by Chainalysis to have been made in the period from July 2024 to June 2025. The contrast suggests that Russia’s importance in global crypto markets stems far more from transaction activity, institutional transfers, mining, and cross-border settlements than from domestic retail investment demand. The more consequential development may be Russia’s use of crypto for cross-border trade settlements under sanctions. The digital currency bill explicitly permits this, carving out an exception to the domestic payment ban. Whether that channel grows will depend on enforcement, counterparty willingness, and the trajectory of Western sanctions policy. 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2 Jun 2026, 09:55
NZD/USD Wavers Near 0.5930 as Risk Appetite Remains Subdued

BitcoinWorld NZD/USD Wavers Near 0.5930 as Risk Appetite Remains Subdued The New Zealand dollar traded in a narrow range near the 0.5930 level against the US dollar on Tuesday, as cautious market sentiment kept buyers and sellers in check. The pair, often sensitive to shifts in global risk appetite, struggled to find direction amid mixed economic signals and a lack of fresh catalysts. Technical Stalemate Reflects Broader Caution The NZD/USD pair has been consolidating around the 0.5930 mark for several sessions, with traders reluctant to commit to large positions. From a technical perspective, the Kiwi remains trapped between its 50-day and 200-day moving averages, a zone that typically signals indecision. The 50-day MA near 0.5970 acts as immediate resistance, while support is found at the 0.5880 level, a region that held firm during last week’s dip. Momentum indicators such as the Relative Strength Index (RSI) sit near 48, neutral territory, confirming the lack of a clear directional bias. A break above 0.5970 would open the door toward the 0.6020 resistance, while a drop below 0.5880 could accelerate losses toward the 0.5820 support zone. Risk Appetite Dampens Demand for Kiwi The New Zealand dollar, often viewed as a proxy for risk appetite due to its close ties to commodity prices and Asian growth, has been under pressure from a cautious global mood. Concerns over slowing economic activity in China, New Zealand’s largest trading partner, have weighed on the currency. Additionally, uncertainty surrounding the pace of US interest rate cuts has kept the US dollar bid, limiting upside for the Kiwi. Market participants are now focusing on upcoming US economic data, including durable goods orders and consumer confidence figures, which could provide further clues on the Federal Reserve’s policy path. A stronger-than-expected US data release could push the NZD/USD pair lower, while a softer print might offer temporary relief. Why This Matters for Traders The current consolidation phase suggests that the market is waiting for a clear catalyst before committing to a directional move. For traders, the 0.5880–0.5970 range represents a critical decision zone. A breakout in either direction could set the tone for the next several weeks. The lack of strong momentum also means that positions may be vulnerable to sudden shifts in sentiment, particularly around key data releases. Conclusion The NZD/USD pair remains in a holding pattern near 0.5930, reflecting broader market caution. Technical indicators show no clear bias, leaving the pair sensitive to external developments. Traders should monitor the 0.5880 support and 0.5970 resistance levels closely, as a break from this range could signal the next major move. With risk appetite subdued and key US data on the horizon, the Kiwi’s near-term direction hinges on whether sentiment improves or deteriorates further. FAQs Q1: What is the key support level for NZD/USD right now? The immediate support is at 0.5880, a level that held during last week’s decline. A break below that could open the path toward 0.5820. Q2: Why is the New Zealand dollar sensitive to risk appetite? New Zealand’s economy is closely tied to commodity exports and trade with China. When global risk appetite falls, investors tend to move away from currencies like the Kiwi toward safe havens like the US dollar. Q3: What could trigger a breakout for NZD/USD? A clear breakout above 0.5970 or below 0.5880 could be triggered by significant US economic data, a shift in Federal Reserve policy expectations, or a change in China’s economic outlook. This post NZD/USD Wavers Near 0.5930 as Risk Appetite Remains Subdued first appeared on BitcoinWorld .
2 Jun 2026, 09:55
Bitcoin Traders Lose $455M on Long Bets as BTC Dips Below $70,000

Bitcoin dropped below $70,000 to an eight-week low of $69,390, wiping out $4,000 in value over 48 hours and temporarily pushing its market cap below $1.4 trillion. Massive Liquidations Rock Crypto Traders Bitcoin ( BTC) continued to plunge Tuesday morning, dropping below $70,000 as the fallout from Strategy’s sale of 32 bitcoins continued to rock
2 Jun 2026, 09:55
XRP Price Stalls But Metrics Hint A Rally Coming With Big Flows

Santiment flagged a sharp spike in XRP Exchange Flow Balance, with 22.80 million tokens, or the largest daily net inflow of 2026, hitting centralized exchanges as the price slumped to $1.27. That deposit wave, likely panic selling, was swiftly followed by a net withdrawal of 25.24 million XRP, flipping the flow negative. Why is it bullish? When outflows overwhelm inflows, it usually shows holders pulling coins off exchanges for custody. It’s a data point to institutional-grade positioning. 22.80M XRP hit exchanges on May 28… then 25.24M XRP walked right back off exchanges on May 29-30 someone used that dip to load up heavy https://t.co/A4OLFqvP2q pic.twitter.com/oddNfiNe7b — Xaif Crypto (@Xaif_Crypto) May 30, 2026 Discover: The Best Crypto to Diversify Your Portfolio Can XRP Price Push Back? Will Consolidation Deepen? XRP is almost clearly range-bound. After printing a weekly high near $1.36, the asset has pulled back to the $1.26 zone, a 6% pullback this week, though still better doing better than 10% Bitcoin’s dip. It’s not good, but major Altcoins like XRP have been showing strength. Key support sits in the $1.13–$1.21 band. Multiple analysts on TradingView describe this zone as a demand floor that has absorbed prior selling pressure. Local resistance clusters between $1.4 and $1.50, where XRP has been failing to hold a breakout for many times. Xrp (XRP) 24h 7d 30d 1y All time The exchange flow data showing 25.24 million XRP pulled off exchanges suggests reduced sell-side pressure at current levels. XRP ETF is still going green, and is probably the single largest variable. If that narrative holds, support likely holds with it. Discover: The Best Token Presales LiquidChain Offers Bigger Upside Potential Here’s the tension in XRP’s setup. Even the bull case, a move to its all-time high , represents a 2.3x from current prices. Meaningful. But for traders who missed XRP at $0.01 or Bitcoin at $200, the question is whether early-stage infrastructure plays offer a different risk profile entirely. LiquidChain ($LIQUID) is a Layer 3 infrastructure project currently in presale, positioning itself as a cross-chain liquidity layer that fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment. The master plan being formulated. ⟁ https://t.co/vqvBcdSQYC pic.twitter.com/pAs9sHhkmi — LiquidChain (@getliquidchain) May 31, 2026 The core proposition, deploy once, access all three ecosystems, targets the fragmentation problem that has limited capital efficiency across chains. Features include a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and Deploy-Once Architecture. Presale price stands at $0.01465 , with $820K raised to date. At that entry, the distance between the current price and any meaningful exchange listing represents the kind of asymmetry that large-cap consolidations rarely offer. Research LiquidChain before the presale phase concludes. The post XRP Price Stalls But Metrics Hint A Rally Coming With Big Flows appeared first on Cryptonews .
2 Jun 2026, 09:50
Bitcoin Supply in Loss Hits 40.6%, But Analyst Says Bottom Not Yet Confirmed

BitcoinWorld Bitcoin Supply in Loss Hits 40.6%, But Analyst Says Bottom Not Yet Confirmed The percentage of Bitcoin’s circulating supply currently sitting at a loss has climbed to 40.6%, a level that historically signals significant market stress. However, according to on-chain analyst Julio Moreno, this metric alone does not yet indicate a definitive market bottom. In a detailed analysis published on CryptoQuant, Moreno examined historical data stretching back to 2015, revealing that major bear market bottoms have typically formed only when the supply-in-loss metric reaches the upper boundary of a long-term downtrend line. While the current figure is elevated, it remains below the thresholds seen in previous cycles. Historical Context and Shifting Thresholds Moreno’s research highlights a clear pattern: the percentage of supply needed to be in loss to mark a bottom has declined with each successive bear market. During the 2015 cycle, over 60% of Bitcoin’s supply was underwater before prices bottomed. In 2018, that threshold dropped to around 50%. The 2022 bear market saw a peak near 45%. This declining trend suggests that the market is becoming more efficient at pricing in downturns, or that the composition of holders has shifted toward more resilient investors. Regardless, the current 40.6% level, while elevated, has not yet touched the downtrend line that has historically preceded major recoveries. What This Means for Investors For traders and long-term holders watching for a buying opportunity, Moreno’s analysis serves as a cautionary note. The data implies that further price weakness or a prolonged sideways movement could push the supply-in-loss metric higher, potentially retesting the critical trendline. If that trendline is reached, it could signal a historically favorable entry point. Until then, the analyst suggests patience may be warranted, as the market has not yet reached the extreme levels of stress that have preceded previous bottoms. Why This Matters Understanding on-chain metrics like supply in loss helps investors differentiate between normal market corrections and genuine capitulation events. It provides a data-driven framework for decision-making, rather than relying on sentiment or price action alone. For the broader crypto market, Bitcoin’s on-chain health often sets the tone for altcoins. A confirmed bottom in Bitcoin could pave the way for a broader recovery, while continued weakness may extend the bearish environment. Conclusion Bitcoin’s supply in loss at 40.6% reflects real market pain, but historical data from CryptoQuant analyst Julio Moreno suggests the bottom may not yet be in. Investors should monitor whether this metric continues to rise toward the long-term trendline, which has historically marked prime accumulation zones. Until then, the market remains in a state of uncertainty, and patience may be the most prudent strategy. FAQs Q1: What does ‘supply in loss’ mean for Bitcoin? It refers to the percentage of Bitcoin’s circulating supply that was purchased at a higher price than the current market value. A high percentage indicates widespread unrealized losses among holders. Q2: Has the 40.6% level ever marked a bottom before? Not in the current cycle. Historical data shows that previous bottoms occurred at higher thresholds, such as 60% in 2015 and 50% in 2018. The 40.6% level is below those historical markers. Q3: Should I buy Bitcoin now based on this metric? The analyst advises caution. While the metric is elevated, it has not yet reached the historical trendline that has signaled strong buying opportunities. Further price declines or sideways movement may be needed before a bottom is confirmed. This post Bitcoin Supply in Loss Hits 40.6%, But Analyst Says Bottom Not Yet Confirmed first appeared on BitcoinWorld .
2 Jun 2026, 09:46
What does Mt. Gox's latest Bitcoin transfer mean for BTC price?

Bitcoin has fallen below $70,000 after Mt. Gox transferred $739 million worth of Bitcoin for the first time in more than two months, reviving concerns about potential selling pressure from creditors awaiting repayments. According to Arkham Intelligence data , the defunct Japanese crypto exchange moved 10,306 Bitcoin worth approximately $730.8 million from a cold wallet to an unidentified address at 4:47 a.m. UTC on Tuesday. At the same time, the exchange transferred another 116.3 BTC, valued at roughly $8.3 million, to a hot wallet. The on-chain activity arrived as Bitcoin was already facing pressure from several fronts. Market sentiment had weakened after geopolitical tensions in the Middle East escalated, while institutional investors continued pulling money from digital asset investment products. Arkham data shows the larger transfer remains "unspent," meaning the Bitcoin has not been moved beyond the receiving address. The smaller transfer to the hot wallet has already been spent, according to the blockchain analytics platform. Although the movement sparked concerns across the market, the transfer itself does not indicate that Mt. Gox has sold any Bitcoin. Is Mt. Gox selling Bitcoin? Based on the available blockchain data, the answer appears to be no. Arkham's records show that most of the transferred Bitcoin remains untouched in a new wallet. Analysts generally view such movements as part of wallet management, fund consolidation, or preparations for future creditor distributions rather than direct liquidation on the open market. The transfer comes as Mt. Gox continues its long-running rehabilitation process. The exchange began repaying creditors in July 2024 through partner exchanges Kraken and Bitstamp after more than a decade of delays. Creditors have waited since the platform's collapse in 2014, when Mt. Gox reported that roughly 850,000 BTC had gone missing. Although about 200,000 BTC were later recovered, the repayment process has required multiple deadline extensions. In 2025, the rehabilitation trustee pushed the final repayment deadline to Oct. 31, 2026, the third extension since the original October 2023 target. What worries traders is not the trustee selling Bitcoin today, but the possibility that creditors could sell some of their holdings once distributions are completed. After holding claims for more than 10 years, many creditors would be receiving Bitcoin that has appreciated substantially since the exchange collapsed. Market participants have repeatedly cited this potential supply entering circulation as a risk factor for Bitcoin's price. Despite the latest transfer, Mt. Gox still controls 34,504 BTC worth roughly $2.4 billion across its wallets, according to Arkham Intelligence. Bitcoin price analysis Pressure on Bitcoin had already been building before the Mt. Gox transfer became public. Earlier this week, Iranian state media reported that Tehran had suspended indirect ceasefire talks with the United States, citing Israel's military operations in Lebanon. Reports that Iran could consider disrupting key shipping routes, including the Strait of Hormuz, added to the risk-off mood across markets. At the same time, digital asset investment products continued to see heavy withdrawals. According to CoinShares, crypto investment vehicles recorded $1.7 billion in outflows last week, extending a three-week streak of net redemptions. Bitcoin-focused products accounted for $1.4 billion of those withdrawals, the largest weekly outflow recorded this year. Corporate selling also entered the conversation. Strategy disclosed that it sold 32 BTC between May 26 and May 31 for approximately $2.5 million to fund distributions tied to its preferred stock program. Nasdaq-listed ProCap Financial separately announced the sale of roughly 52 BTC to finance a share buyback. Technical indicators show that Bitcoin's weakness was already developing before Tuesday's wallet movement. BTC/USDT 1-day price chart. Source: TradingView. On the daily chart, Bitcoin has broken below its 20-day, 50-day, 100-day and 200-day exponential moving averages, a structure that typically signals sellers remain in control. The recent recovery attempt stalled near $82,000, where the 200-day EMA acted as resistance before prices turned lower. Meanwhile, the Relative Strength Index has dropped to 26.44, placing Bitcoin in oversold territory. While oversold readings can sometimes precede a relief bounce, the indicator continues to trend downward, suggesting bearish momentum has not yet faded. With Bitcoin now trading below the psychological $70,000 level, attention has shifted toward the next support zone around $66,000 to $68,000, an area that previously attracted buyers during the February and March consolidation period. The post What does Mt. Gox's latest Bitcoin transfer mean for BTC price? appeared first on Invezz











































