Bitcoin continues to consolidate just above the $100K mark after experiencing a sharp rejection from the $116K resistance. While volatility has cooled down, the structure is showing signs of potential weakness. Buyers have yet to show strong signs of re-entry, and with the recent flush in open interest, the market remains cautious. Technical Analysis By…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A US court judge has declared a mistrial in the case against two brothers for allegedly exploiting the Ethereum (ETH) MEV-boost system to net a $25 million profit. A 12-Second Historic MEV Boost ‘Heist’ In May 2024, the US Department of Justice…
Key points: Bitcoin faces an important weekly close with several key price levels on the line. The bull market’s future is still at stake, a trader says, amid ongoing whale selling. Risk assets should gain from a reduction in US trade tariffs or the end of the government shutdown. Bitcoin (BTC) wedged itself in a…
Key Takeaways Five spot XRP ETFs have been listed on DTCC ahead of a potential US launch this month. Grayscale and other asset managers are expanding ETF offerings amid strong market interest. Share this article Five spot XRP exchange-traded funds from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the Depository Trust…
According to Eli Cohen, Centrifuge’s chief legal officer, the crypto industry should take note of Democratic Socialist Zohran Mamdani victory in New York City’s mayoral election. The crypto industry, after all, needs democrats, Cohen says. Summary Recent local elections show a need for bipartisanship in crypto regulation There’s a risk of a future Democratic administration…
In contrast, ICP has dumped hard following the recent rally. Bitcoin was stopped for a second time this week at $104,000 and was pushed south by over two grand during the weekend. Most larger-cap alts are well in the red on a daily basis as well, with ETH sliding beneath $3,400 and XRP slipping…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Global banking behemoth JPMorgan Chase has disclosed its increased exposure to the world’s largest cryptocurrency through BlackRock’s spot Bitcoin exchange-traded fund (ETF), iShares Bitcoin Trust (IBIT). JPMorgan Held 5.2 Million IBIT At End Q3 In the latest 13-F filing with the United…
Opinion by: Agata Ferreira, assistant professor at the Warsaw University of Technology A new consensus is forming across the Web3 world. For years, privacy was treated as a compliance problem, liability for developers and at best, a niche concern. Now it is becoming clear that privacy is actually what digital freedom is built on. The…
Key Takeaways The US Treasury and IRS have issued new rules providing significant tax relief to large companies and wealthy investors. These measures are reducing the projected revenue from the corporate alternative minimum tax enacted in 2022. Share this article The Trump administration is quietly rolling out hundreds of billions in new tax breaks benefiting…
Pi Network price remains in a tight range as the recent rally faded. Still, the token could be on the verge of a rebound after forming a bullish pattern, and as a top whale restarts purchases. Summary Pi Network price has wavered in the past few weeks. A Pi whale has bought over 5.3 million…
