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A growing number of analysts believe Ethereum’s current price action is being misunderstood. Although frustration is growing due to Ethereum’s inability to hold above $3,000, some technical analysts are quick to point out that the structure forming beneath the surface tells a very different story. According to one analyst, the real risk right now is not being bullish on Ethereum and trying to short in anticipation of a downside breakout. Related Reading Higher Lows And A Structure That Keeps Tightening The analyst’s technical view on Ethereum is focused less on short-term momentum and more on the structure developing on the…
Most respondents emphasized that merchants lack the infrastructure to support crypto payments for everyday transactions. Bitcoin’s narrative as a unit of exchange is not growing as quickly as many proponents would like. In a recent survey conducted by the crypto mining platform GoMining, over 5,700 Bitcoin holders shared their experiences with crypto use for everyday payments. The result showed that 55% of respondents rarely or never use crypto for daily real-world transactions. Admittedly, they claim to believe in crypto adoption and the privacy it provides. Still, they gave five reasons behind their choice. A Drawback in Infrastructure The foremost reason…
In brief The Ethereum Foundation has created a new Post Quantum team, according to a post from researcher Justin Drake. The effort centers on LeanVM, new developer calls, live post-quantum devnets, and $2 million in prizes. Drake said a full post-quantum roadmap is coming, with the goal of zero fund loss or network downtime. The Ethereum Foundation has officially elevated post-quantum security to a top-tier strategic priority, establishing a dedicated internal team as industry experts warn of accelerating threats from quantum computing.In an announcement posted on X on Friday, Ethereum Foundation researcher Justin Drake unveiled the formation of the Post-Quantum…
The Federal Bureau of Investigation (FBI) announced the arrest of Ryan Wedding on charges of cocaine trafficking and murder. Wedding allegedly ran a transnational drug trafficking operation that relied on cryptocurrency to move and launder the proceeds. The event marked the continuation of the increasingly relevant role that digital assets, and stablecoin payments, in particular, play in facilitating illicit finance.Sponsored SponsoredFBI Ends Decade-Long ManhuntAccording to the FBI, authorities took Wedding, a 44-year-old former Canadian Olympic snowboarder, into custody on Thursday night. The arrest marked a decade-long manhunt of one of the Department of Justice’s most wanted fugitives. Wedding reportedly turned himself in…
GameStop has transferred its entire Bitcoin holdings to Coinbase’s institutional trading platform, sparking speculation that the video game retailer may be reconsidering its Bitcoin treasury strategy.“GameStop throws in the towel?” blockchain intelligence platform CryptoQuant asked in a post to X on Friday after noticing that GameStop moved its entire 4,710 Bitcoin (BTC) stash worth more than $422 million to Coinbase Prime.CryptoQuant said the transfer was “likely to sell” the holdings, noting that a sale with Bitcoin at $90,800 would mean GameStop realizing around $76 million in losses from its Bitcoin bet.GameStop accumulated 4,710 Bitcoin across several investments in May at…
Bitcoin is trading below the $90,000 level once again, as the market continues to drift through a phase defined by indecision, rising caution, and growing fear. After repeated failures to reclaim this psychological threshold, price action has started to reflect a lack of conviction on both sides, with buyers hesitating to step in aggressively and sellers pressing every rebound attempt. While the broader trend has not fully collapsed, the inability to hold key levels is increasing uncertainty around Bitcoin’s next major move. Related Reading Top analyst Darkfost argues that on-chain signals are starting to mirror conditions typically seen near the…
Solana’s latest push into hardware-driven crypto took an unexpected turn this week after the token tied to its new Seeker smartphone, $SKR, surged more than 200% within days of launch, according to CoinGecko data.The rally followed the long-awaited token generation event (TGE) and airdrop linked to Solana Mobile’s second-generation device, a $500 Android phone designed for on-chain use. While early volatility was expected, the scale and speed of the move drew attention across the crypto market.Sponsored A Phone Built for Crypto Users?Solana Seeker is positioned as a Web3-native smartphone rather than a traditional flagship device. It integrates wallet security, identity,…
In brief BitGo shares dropped nearly 22% on the second trading day after Thursday’s IPO debut raised over $212 million. The crypto custody provider’s opening price exceeded its $15-$17 marketed range at a roughly $2 billion valuation. A Kraken-linked blank check company is preparing its own IPO with 25 million shares at $10 each. Crypto firm BitGo, the industry’s first initial public offering of 2026, saw its share price drop nearly 22% on its second day of trading on the New York Stock Exchange, dropping below the offering price.BitGo, which trades under the BTGO ticker, closed the week at $14.50…
XRP has begun attracting attention again after months of sideways trading. The coin has risen slightly over the past day, though it remains down for the week. Traders are pointing to familiar chart patterns, suggesting the quiet period may be nearing an end. Related Reading Traders Spot A Familiar Price Pattern A fresh take on XRP came from DonWedge, who posted a half-day chart on TradingView. Though he kept it short – just “XRP looks good” – the message carried weight. Instead of bold predictions, his analysis leaned on patterns. A downward-sloping channel draws the eye, much like one seen…
Some of the U.S. Senate Democrats in the negotiation over the crypto market structure bill filed requested amendments on Friday, seeking a number of their top policy requests in the draft legislation pushed by Republicans in the Senate Agriculture Committee.The draft they’re trying to change was unveiled as a partisan effort without Democratic sign-off on Wednesday, so now the lawmakers are trying to insert such things as a ban of the president (and other government officials) profiting off of the crypto sector and a demand that the Commodity Futures Trading Commission fill out its slate of commissioners before digital assets…

