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Cryptocurrency News — August 9, 2025: Altcoins Lead, Ethereum Surpasses $4,000, Institutions Strengthen Positions

... Kong is strengthening its position as Asia's crypto hub by offering clear regulations for the industry. European Union: The EU has begun a phased implementation of the MiCA (Markets in Crypto-Assets) regulation, which standardizes the rules for cryptocurrency ... ... substantial amount in BNB tokens for its treasury, while a pharmaceutical company invested in Litecoin. The British oil and gas firm Union Jack Oil plans to use excess gas for Bitcoin mining to monetize resources. Such moves legitimize cryptocurrencies ...

Buyers Battle for Russian Oil in Europe

Discussing the growing competition for Russian oil in Europe. What implications might this have for the market and prices? The EU has politically positioned itself against Russian energy resources, yet Hungary and Serbia continue to develop long-term plans ... ...," reflects Igor Yushkov. The head of Hungary's Foreign Ministry assured that Budapest will never give up Russian oil and gas. Hungary, Serbia, and Slovakia hold on to Russian oil because it represents the most profitable option. "Firstly, the ...