Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100. Key takeaways: Ether (ETH) tested the $1,950 mark for the first time in seven weeks on Tuesday, triggering $62 million in liquidations across leveraged bearish positions. The move delivered 29% gains from the $1,500 low on June...Continue Reading

The blockchain developer will continue operating under court supervision as it restructures following a market-making scandal, a co-founder’s suspension, and exchange delistings that rocked the project. Movement Labs, the developer behind the Movement Ethereum layer-2 blockchain, has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware, according to...Continue Reading

A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address crypto-related crime. Pakistan’s Federal Investigation Agency (FIA) established a dedicated investigative unit to probe cases involving cybercrime and financial fraud linked to cryptocurrency. First reported by Dawn news on Tuesday, the crypto investigation unit will probe digital asset...Continue Reading

Bitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades. Bitcoin and the broader cryptocurrency market looked poised for a recovery on Tuesday as progress on landmark US crypto legislation boosted sentiment, with analysts also pointing to a slowdown in the AI...Continue Reading

Telegram founder Pavel Durov said the messaging platform will roll out a native non-custodial Gram wallet this summer, bringing self-custody crypto transactions to its more than 1 billion users. Telegram plans to roll out a native non-custodial Gram wallet across its messaging app this summer, potentially bringing self-custody crypto payments to more than 1 billion...Continue Reading

The price of Bitcoin moved above $66,000 to reach a seven-week high on Tuesday as reports circulated of a deal with the White House to address ethics in the CLARITY Act. The White House agreed to provisions in a crypto market structure bill that could ensure support from some Democratic lawmakers in the US Senate....Continue Reading

Bitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades. Bitcoin and the broader cryptocurrency market looked poised for a recovery on Tuesday as progress on landmark US crypto legislation boosted sentiment, with analysts also pointing to a slowdown in the AI...Continue Reading

Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets. Researchers at the Bank for International Settlements (BIS) found that dollar-backed stablecoins are creating a new form of “digital dollarization” that appears largely unaffected by capital controls, particularly in emerging markets. The...Continue Reading

Bitcoin and crypto joined US stocks in brushing off US-Iran war escalation and the threat of fresh trade tariffs before the end of the month. Bitcoin (BTC) built on gains at Tuesday’s Wall Street open as crypto echoed resilient US stock markets. Key points: Data from TradingView showed BTC/USD approaching $67,000, closing in on seven-week...Continue Reading

The integration with validator Yuma gives millions of MEXC users access to Bittensor, an AI-focused blockchain whose ecosystem now spans 128 specialized subnets. Cryptocurrency exchange MEXC has launched staking support for Bittensor’s native TAO token, allowing users to earn rewards by helping secure one of the largest decentralized artificial intelligence networks. Bittensor validator Yuma announced...Continue Reading