Prediction Markets Risk Trading Block in Nevada After Court Ruling

Two US federal court rulings have increased the risk that Nevada regulators may seek to halt prediction-market trading in the state after a judge sent a dispute involving Polymarket’s parent company Blockratize and Kalshi back to state court in two separate rulings. A federal judge rejected arguments that US regulation under the Commodity Exchange Act…

Ether Exchange Supply Falls To 6-Year Low on Binance

The balance of Ether (ETH) held on exchanges has slid to a multi-year low, with more than 31 million ETH leaving centralized exchanges in February, marking the largest monthly withdrawal since November.  While the ETH price remained near $2,000, derivatives data show a split between small buyers and larger sellers, raising the question of how…

Ether Exchange Supply Falls To 6-Year Low on Binance

The balance of Ether (ETH) held on exchanges has slid to a multi-year low, with more than 31 million ETH leaving centralized exchanges in February, marking the largest monthly withdrawal since November.  While the ETH price remained near $2,000, derivatives data show a split between small buyers and larger sellers, raising the question of how…

Oil Ensures Bitcoin Fails to Reclaim $70,000 Yet Again

Bitcoin bulls gave up their latest mission to reclaim $70,000 as Iran escalation sparked oil supply fears that gripped stocks and gold. Bitcoin (BTC) erased its latest trip to $70,000 on Tuesday as Middle East tensions sparked a global asset sell-off. Key points: Bitcoin and major asset classes all fall after the closure of the…

Aave Delegate ACI Winds Down After Temp Check Vote

The Aave Chan Initiative (ACI), a major governance delegate and service provider within the Aave ecosystem, said it will not renew its engagement with the Aave DAO and plans to wind down over the next four months. In a statement on Tuesday, ACI founder Marc Zeller said the organization would continue governance activity and complete…

Analysts Say Ethereum Price Must Hold $1.8K to Avoid Breakdown

Ether’s (ETH) rally stalled late Monday just above $2,000 due to stiff overhead resistance, as the technical setup suggested that downward momentum would increase if the ETH/USD pair breaks below $1,800. Key takeaways: ETH price must hold above $1,800 to avoid another leg down.  Ether’s bearish charts and onchain indicators converge on ETH prices below…

ECB Flags Stablecoins as a Growing Risk to Bank Lending

The European Central Bank said increasing stablecoin use may pull money out of bank deposits and weaken the way monetary policy flows through to lending, according to a new ECB working paper. Growing adoption of stablecoins, which are digital assets often pegged to currencies such as the US dollar or euro, is expected to draw…

Analysts Say Ethereum Price Must Hold $1.8K to Avoid Breakdown

Ether’s (ETH) rally stalled late Monday just above $2,000 due to stiff overhead resistance, as the technical setup suggested that downward momentum would increase if the ETH/USD pair breaks below $1,800. Key takeaways: ETH price must hold above $1,800 to avoid another leg down.  Ether’s bearish charts and onchain indicators converge on ETH prices below…

Deloitte Signs Off on Reserves for Tether-Linked USAT Stablecoin

Deloitte & Touche, one of the Big Four accounting firms, issued an independent attestation on the reserve report backing USAt, a new US-regulated stablecoin from Anchorage, which is issuing USAT with Tether’s support. In a letter dated Feb. 27, Deloitte said it examined Anchorage’s assertion that the USAt (USAT) Reserve Report was prepared in accordance…

BTC long-term bull case remains, says Fabian Dori

Bitcoin’s BTC$67,192.61 volatility is likely to remain elevated in the near term, and prices could fall further, as crypto markets grapple with a liquidity squeeze and deeply fractured sentiment, according to Sygnum Bank chief investment officer Fabian Dori. But the longer-term picture, he argues, remains intact. “We can see volatility remaining high in the short…