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CRYPTOBEARISH
Russian decree bans crypto mining across Moscow region through 2032
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FOMOGRAM Editorial Desk
Aug 1, 2026
EXECUTIVE SUMMARY
Regional energy officials had estimated that mining consumes 1 GW of power and could contribute to future electricity shortages.
Regional energy officials had estimated that mining consumes 1 GW of power and could contribute to future electricity shortages.
FOMOGRAM SENTINEL GRAVITY TELEMETRY
The ban on crypto mining in Moscow could significantly reduce Bitcoin's supply and mining activity in a major region, leading to bearish sentiment.
CRYPTO OVERALL MARKET INDEX: 16 / 100 (BEARISH)
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