Ether ran into resistance at $4,000 as the absence of new buyers and weak spot Ethereum flows threatened ETH price dropping to $3,100 next.
Crypto, Fintech push back against banks’ war on open banking
The Blockchain Association, Crypto Council for Innovation and fintech allies urged the CFPB to finalize an open banking rule ensuring consumers, not banks, control their data.
Bitcoin eyes CME gap below as BTC price dips 2.5% to risk $100K collapse
Bitcoin price dropped 2.5% on the day to attempt to fill the latest weekend CME futures gap, while traders warned that $100,000 could fail as support.
US political turmoil tests ‘institutional confidence’ as crypto ETFs bleed
The outflows came as “No Kings” protests swept across the US amid a prolonged government shutdown and political division, deepening market risk aversion.
‘Corpo chains’ doomed unless they embrace crypto’s ethos: StarkWare CEO
StarkWare CEO Eli Ben-Sasson said corporate blockchains will help with mainstream adoption, but long term, they will be abandoned if they try to retain control.
Canadian province to ban new crypto mining connections
British Columbia is moving to ban new crypto mining connections to protect its Hydro power grid. For years, analysts have argued this is the wrong approach.
Coinbase splashes $25M to revive a podcast from the last bull run
Coinbase has paid $25 million for an NFT that compels the once popular crypto podcast UpOnly to restart. Bull market vibes anyone?
Polygon boss says he’s been ‘questioning his loyalty’ toward Ethereum
Polygon’s Sandeep Nailwal slammed the Ethereum community for underappreciating Polygon’s role in the Ethereum ecosystem, prompting a response from Vitalik Buterin.
Coinbase to US: Embrace blockchain if you want to fight crime on it
Chief legal officer Paul Grewal said in his letter to the US Treasury Department that money laundering schemes have become increasingly sophisticated and law enforcement needs advanced technologies to counter them.
Crypto’s next bear market will have a brand-new trigger: Willy Woo
Analyst Willy Woo warned the next crypto bear market could be driven by a business cycle downturn, last seen in 2008, before Bitcoin was invented.