Ether price enters the most bullish phase of a powerful trading pattern, but bearish headwinds could stall the rally in the short-term.
Cryptocurrency News
Bitwise’s ETH staking ETF hits regulatory speed bump [btcmanager]
The SEC’s hesitation speaks volumes. As Bitwise pushes for staking-enabled Ethereum ETFs, regulators are digging deeper into whether passive crypto investors should earn yield or if it’s a risk too far. On June 30, the U.S. Securities and Exchange Commission…
Spanish authorities arrest five people in $541M crypto fraud case [cointelegraph]
Europol reported that the investigation was ongoing, but authorities had made five arrests connected to a scheme that defrauded more than 5,000 people.
Bitcoin holds steady as major catalysts align for breakout above $110K [cointelegraph]
Bitcoin could break past $110,000 as inflation pressures mount, equities rally, and passive capital flows grow on potential S&P 500 rebalancing events.
Bitcoin holds steady as major catalysts align for breakout above $110K [cointelegraph]
Bitcoin could break past $110,000 as inflation pressures mount, equities rally, and passive capital flows grow on potential S&P 500 rebalancing events.
SRM completes $100m TRON staking push, eyes shareholder payouts [btcmanager]
Few could’ve predicted that the company behind Disney-themed trinkets would become TRON’s biggest public backer. With $100 million deployed and Justin Sun in its corner, SRM is rewriting its corporate script, one blockchain transaction at a time. On June 30,…
Bitcoin ‘demand generation’ phase mirrors 2022 market bottom — Are new highs incoming? [cointelegraph]
Onchain data points to a major Bitcoin price rally in the making, while short-term price weakness highlights the absence of “new” buyers.
Court rules IRS can collect Coinbase user data without warrants [btcmanager]
U.S. Supreme Court decided not to consider a case from Coinbase user against the IRS.
US Supreme Court will not review IRS case involving Coinbase user data [cointelegraph]
A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data.
ZBCN price nears bullish reversal zone after losing value area low [btcmanager]
ZBCN is pulling back after a strong breakout and is now entering a major technical support zone. With the Golden Pocket, VWAP, and liquidity confluence aligning, a bullish reversal may be near. After establishing a new swing high through a…