# Mining Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Mining", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

From Hydra to A7A5: Russia's $376.3 Billion On-Chain Undercurrent Is Reshaping the Global Financial Map

From Hydra to A7A5: Russia’s $376.3 Billion On-Chain Underground Reshapes Global Finance Amid Western financial sanctions, Russia has developed a massive underground crypto economy. In 2024-2025, Russia received $376.3 billion in crypto assets, the highest in Europe. Stablecoins like USDT have become essential for daily transactions, trade settlements, and capital flight. The ecosystem includes OTC dealers in Telegram groups, local exchanges like Garantex—which continues operating despite sanctions—and a growing Bitcoin mining sector that accounts for 16% of global hash rate. A new “ruble-backed” stablecoin, A7A5, issued via Kyrgyzstan with ties to a sanctioned Russian bank, has also emerged as a tool for evasion. Crypto in Russia is not a speculative asset but a critical infrastructure: it enables import payments, protects savings from ruble volatility, facilitates gray/black market activities, and acts as a form of digital energy export through mining. This parallel system highlights how geopolitical isolation has accelerated the adoption of crypto as a pragmatic, albeit inefficient, financial lifeline.

marsbit12/09 18:59

From Hydra to A7A5: Russia's $376.3 Billion On-Chain Undercurrent Is Reshaping the Global Financial Map

marsbit12/09 18:59

Fed's $400 Billion Liquidity Signal: Bitcoin Under Pressure Awaits a Breakthrough

Bitcoin's price appears stable but is under significant structural pressure, with investors facing nearly $500 million in daily losses and over 6.5 million BTC held at unrealized losses. This coincides with a potential shift in U.S. monetary policy, as the Federal Reserve ends its quantitative tightening program—which reduced its balance sheet by $2.4 trillion—and signals a move toward "Reserve Management Purchases." This could inject over $400 billion annually in liquidity by reinvesting in short-term Treasuries. Market attention is focused on Fed Chair Powell’s upcoming remarks regarding labor market softening and the timing of liquidity expansion. A clear signal toward reserve rebuilding could push Bitcoin above the $92k–$93.5k resistance, while a cautious tone may keep it range-bound between $75k–$82k. Despite miner capitulation and weak short-term holder sentiment, large wallets are accumulating Bitcoin, exchange reserves are declining, and stablecoin inflows suggest latent demand. This combination of pressure and accumulation often precedes a market bottom. Bitcoin’s next major move hinges on the Fed’s liquidity signals and broader macroeconomic conditions.

深潮12/09 05:22

Fed's $400 Billion Liquidity Signal: Bitcoin Under Pressure Awaits a Breakthrough

深潮12/09 05:22

Crypto Morning Brief: HashKey Discloses IPO Details, SEC Concludes Two-Year Investigation into Ondo

Crypto Briefing: HashKey Group, the parent company of Hong Kong's licensed exchange HashKey Exchange, has disclosed its public offering details, aiming to raise up to HK$1.67 billion with trading expected to begin on December 17. In regulatory developments, the U.S. SEC has closed its two-year investigation into Ondo Finance without filing charges, continuing a trend of dropped cases under its current leadership. Meanwhile, the CFTC launched a digital asset pilot program allowing Bitcoin, ETH, and USDC as collateral in derivatives markets. Major U.S. bank CEOs are set to meet with senators to discuss crypto legislation, focusing on stablecoin regulations. In other news, Bittensor will undergo its first token halving on December 14, reducing daily TAO issuance to 3,600. Binance confirmed an employee misused internal information for personal gain and has suspended them. MicroStrategy purchased an additional 10,624 BTC, bringing its total holdings to 660,624 BTC. Ripple completed a $500 million share sale with special investor protection clauses. Market commentary included a UAE official calling Bitcoin a key pillar of future finance, while Chinese media warned against risks in currency innovation.

深潮12/09 01:13

Crypto Morning Brief: HashKey Discloses IPO Details, SEC Concludes Two-Year Investigation into Ondo

深潮12/09 01:13

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