Ethereum (ETH) Is Cheap, But Not at Bottom Yet: Analysts
“Ethereum is cheap, but the data says the bottom isn’t in yet,” said onchain analytics platform CryptoQuant on Thursday. ETH is trading around 17% below its realized price, “but only two…
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Bitcoin ETFs Edge Closer in Japan as Regulators Tighten Crypto Oversight
Japan is moving closer to allowing Bitcoin exchange-traded funds (ETFs). The country’s first product could potentially arrive in 2028 if planned regulatory changes move forward, according to the latest Nikkei…
Has Bitcoin Already Bottomed? Grayscale Says Macro Signals Matter More
The debate over when Bitcoin’s bear market will end is largely split between two views. One camp still holds on to the traditional four-year cycle, while the other believes that…
Analyst: Bitcoin Stuck Near $65K Because Capital Is Flowing to AI
Bitcoin is stuck near $65,000, and trader Wise Crypto thinks AI spending is a big part of why. The OG crypto poked above $66,000 earlier this week before losing steam,…
Ethereum’s Next Leg Higher? Historic Indicator and Whale Activity Align
Ethereum has climbed by 16% over the past month and is now showing a technical setup that has historically been followed by strong price recoveries, according to crypto analyst Ali…
EU Hits Russia With Toughest Crypto Crackdown Yet
The European Union agreed on Thursday to its 21st sanctions package against Russia. EU persons are now barred from transacting with 11 unnamed crypto operators and 94 banks and financial…
Democrats Reject Latest CLARITY Act Draft Over Ethics, Illicit Finance Concerns
A group of Senate Democrats who generally support crypto legislation has said the latest draft of the CLARITY Act still falls short, raising objections to its ethics, consumer protection, illicit…
‘Hackers Day’: 3 Crypto Protocols Drained of $35 Million in 24 Hours
AFX Trade, BSquaredNetwork, and Verus have all fallen victim to exploits over the last 24 hours. In what many are calling “Hackers Day,” the three protocols have collectively lost over…
SEC Agrees to Overhaul Recordkeeping After Settling Coinbase Lawsuit Over Gensler’s Lost Texts
The US Securities and Exchange Commission went on a blatant war against the cryptocurrency industry in the past couple of years of Gary Gensler’s tenure, especially following the loud collapse…
$141M Fundraise to $8 Daily Fees: Movement Labs Files for Bankruptcy
Movement Labs has filed for Chapter 11 insolvency protection in the U.S. Bankruptcy Court of Delaware. This follows months of controversy and a token scandal that left the network dealing…