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Russian crypto entrepreneur Alexei Dolgikh dies in high-speed car crash

The post Russian crypto entrepreneur Alexei Dolgikh dies in high-speed car crash appeared com. A controversial Russian cryptocurrency businessman has died as he crashed his $400,000 Lamborghini in the north of Moscow. The alleged Bitcoin millionaire had amassed hundreds of unpaid traffic fines, authorities say, many of which were imposed for speeding. Russian crypto figure flips his Lamborghini in Moscow Crypto entrepreneur Alexei Dolgikh died in a high-speed car crash on a major traffic artery in the Russian capital, local media reported. Another man has also died, while two more have been hospitalized with severe injuries, as a result of the terrifying road accident, which occurred on Sunday. The city prosecutor’s office revealed that Dolgikh, who was driving his Lamborghini Urus, “hit an obstacle” on Mezhdunarodnoe Highway after midnight. He lost control of the luxury SUV, which rolled over and burst into flames, Moscow’s traffic police added, quoted by RBC and RTVI. According to the Telegram channel Mash, which posted a dash cam video of the aftermath, the Lambo was moving at 150 km/h when the driver failed to negotiate a turn and hit a guardrail. Other sources, such as Shot, reported that Dolgikh flipped the car upside-down at 100 km/h, which is still double the speed limit at the exit to Leningradskoye Highway. Parts of the Urus were scattered around the bridge there, after it knocked down a CCTV camera pole. A wad of 5, 000-ruble bills was reportedly found near the smashed and burned sports car. According to Baza, another Telegram channel with ties to Russian security agencies, the 36-year-old Alexei Dolgikh died on the spot. The second deceased person was identified as Ivan Solovyov. The two injured men were 21-year-old Nikita Tezikov, who suffered an open leg fracture, and 22-year-old Kirill Mochalov, who was taken to Botkin Hospital with multiple fractures. Dolgikh was in debt, including speeding tickets The Russian crypto businessman.

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Cardano Card Launches, Bringing ADA Payments Worldwide

The post Cardano Card Launches, Bringing ADA Payments Worldwide appeared com. Users can spend ADA and 685+ cryptos anywhere Visa is accepted, with cashback rewards and DeFi access. ADA fell 2. 13% in 24h after the news amid profit-taking and weak altcoin sentiment. At the start of the Cardano Summit 2025, the blockchain ecosystem firm EMURGO and global payments platform Wirex unveiled the much-anticipated Cardano Card, a major step to make the cryptocurrency ADA usable in everyday life. The card is now integrated directly into the Wirex app, making it available to over 6 million users in around 130 countries. This is a big step toward mainstream payments for ADA and the Cardano ecosystem as a whole. What the Card Offers Users can use the Cardano Card to spend ADA and a lot of other major cryptocurrencies, like BTC, ETH, and USDC, anywhere that takes Visa. It’s not just a card for crypto enthusiasts; the aim is for anyone to use crypto assets in everyday payments. Beyond spending, the card gives rewards like crypto cashback and access to borrowing, yield-earning, and other finance features linked to ADA. A portion of profits from card use will also support the Cardano ecosystem’s treasury. Why This Matters For years, cryptocurrencies have largely been used for holding, trading or investing. Using them for daily payments like buying coffee, booking travel, and paying bills has remained harder. With a full-blown card that connects crypto to traditional payment rails, Cardano takes a big step from “blockchain experiments” to real-world use. Because Wirex already serves millions of users across many countries, the partnership gives ADA a much larger footprint than what has been typical. According to EMURGO, this is “Cardano’s largest entry into digital payments to date.” What to Know.

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Bipartisan pair of US senators push proposal to shift crypto oversight to CFTC

The post Bipartisan pair of US senators push proposal to shift crypto oversight to CFTC appeared com. A bipartisan pair of US senators moves ahead with a proposal that might allow the primary oversight of the crypto market to the Commodity Futures Trading Commission (CFTC). However, this move is seen as a shift pushed by the industry and quietly backed by the Trump administration. The discussion draft is pitched by Sen. John Boozman (R-Ark.) and Sen. Cory Booker (D-N. J. This comes in when the digital assets market is already dealing with huge turbulence. The cumulative crypto market cap has dropped from the $4 trillion mark to hover around $3. 5 trillion over the past 30 days. Bitcoin price dropped by almost 6% in the same period. Senators push to curb the SEC’s power According to reports, the draft would classify most cryptos as digital commodities rather than securities. It suggests that exchanges and trading platforms will be answerable to the CFTC instead of the Securities and Exchange Commission (SEC). This will open up a new regime of registration requirements, disclosure rules, and fee structures for firms operating in the space. Sen Booker sees this as a first step, as the legislation is far from settled. Meanwhile, the real challenge could be the CFTC’s capacity to deal with new cases. As of now, the agency is severely understaffed, with only one active commissioner. Caroline Pham is the only one left on its five-member panel following a string of resignations. Trump’s nominee to run the agency, former CFTC lawyer Mike Selig, is still awaiting Senate confirmation. The staffing issue stands as the crux of the political fight. Democrats are worried that shifting the role to the CFTC without expanding the agency’s resources would leave crypto lightly supervised. The crypto market is in the expanding phase right now. On the other side, Republicans see the CFTC as a more predictable and.

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Clear break above 0.5665 is unlikely – UOB Group

The post Clear break above 0. 5665 is unlikely UOB Group appeared com. There is scope for New Zealand Dollar (NZD) to test 0. 5665; a clear break above this level is unlikely. In the longer run, weakness in NZD has stabilized; for the time being, it is likely to trade in a range between 0. 5605 and 0. 5695, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Weakness in NZD has stabilized 24-HOUR VIEW: “NZD dropped to a low of 0. 5607 last Friday and then rebounded. Yesterday, we pointed out that ‘the rebound amid slowing momentum and oversold conditions suggests that instead of declining today, NZD is more likely to trade in a range, probably between 0. 5610 and 0. 5645’. NZD subsequently traded within a higher range of 0. 5620/0. 5651 before closing at 0. 5647 (+0. 35%). Upward momentum is starting to build, but it is not sufficient to indicate a sustained rise just yet. That said, there is scope for NZD to test 0. 5665. We do not expect a clear break above this level, and we also do not expect the next resistance at 0. 5695 to come under threat. Support levels are at 0. 5630 and 0. 5620.” 1-3 WEEKS VIEW: “Last Wednesday (05 Nov, spot at 0. 5645), we highlighted that ‘downward pressure has increased, and NZD could weaken to 0. 5600 next’. After NZD dropped to a low of 0. 5607 on Friday and then rebounded, we highlighted the following yesterday (10 Nov, spot at 0. 5630): ‘The new low was accompanied by a positive divergence on momentum indicators, suggesting waning downside momentum. Unless NZD can break below 0. 5600 within these one to two days, a breach of the ‘strong resistance’ at 0. 5660 (level was previously at 0. 5680) would mean that the weakness in NZD from late last month has stabilized’. NZD then rose to a high of 0. 5651. Although our ‘strong resistance’ level at 0. 5660 has not been.