Key points: Ether is on track to reach $20,000 as a lifelong price channel stays relevant, says a popular trader. ETH may even break beyond the channel for the first time in history. Against Bitcoin, Ether bulls still have a lot of work to do to match all-time highs from 2021. Ether (ETH) has a…
Read more
Key takeaways: Record global money supply growth is a big tailwind for Bitcoin. Spot Bitcoin ETFs could soon surpass gold holdings, boosting BTC’s reserve-asset status. Retail inflows remain limited but could ignite a strong rally if mainstream interest returns. Bitcoin (BTC) last traded at $120,000 on July 23, prompting traders to question whether a new…
Read more
World Liberty Financial, the Trump family-backed crypto venture, is exploring the creation of a publicly traded company to hold its WLFI tokens, with a fundraising target of roughly $1.5 billion. The structure of the deal is still being finalized, but major investors in technology and crypto have been approached, and discussions are said to be…
Read more
The world’s largest asset manager, BlackRock, should not be allowed to launch a Solana exchange-traded fund (ETF) simultaneously with the US-based issuers who have already filed for one, says ETF analyst James Seyffart. “That’s messed up,” Seyffart told ETF analyst Nate Geraci in a video published to YouTube on Saturday, discussing a hypothetical scenario where…
Read more
Ether saw the largest short position wipeout of the day across all crypto assets on Friday as its price surpassed $4,000, with some analysts saying it could be setting the stage for a short squeeze. The rally led to Eric Trump, son of US President Donald Trump, taking a jab at bearish traders. $4.1K is…
Read more
Though possibly not its first foray into crypto, Harvard’s reported stake in BlackRock’s Bitcoin exchange-traded fund represented a significant investment. Source link
A 12-person jury, including a member who celebrated her 90th birthday, deliberated this week in the complex case of Roman Storm, co-founder of Tornado Cash. They convicted Storm on one count of running an unlicensed money transmitting business, while remaining unable to reach a decision on other charges. According to court documents released on Thursday…
Read more
Investors who were parties to a 2022 lawsuit may be closer to pursuing legal action against celebrities who promoted the EthereumMax (EMAX) token after a recent decision by a California judge. In a Wednesday filing in the US District Court for the Central District of California, Judge Michael Fitzgerald granted a motion allowing class-action lawsuits…
Read more
Tornado Cash developer Roman Storm’s legal defense fund is seeing an influx of donations as the software creator’s defense team preps for a possible retrial on charges of money laundering and sanctions violations. The Ethereum Foundation on Thursday said it will match up to $500,000 in donations to Storm’s defense fund. Source: Ethereum The jury…
Read more
Ukraine’s parliament plans to conduct the initial reading of a crypto regulation bill by late August, according to government officials. The legislation, if approved, could establish a legal framework for digital assets aligned with European standards. “The preparation of a draft law on taxation of transactions with virtual assets is currently in the final stage,”…
Read more