'Historical average' could push Bitcoin bottom at $57K level: Analyst

Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level. Source link

EIP-8105: A new design for Ethereum’s encrypted mempool

Sandwich attacks cost Ethereum users an estimated $60 million per year. Transactions broadcast to the public mempool are publicly visible before inclusion, which gives MEV bots the ability to affect the order of transactions and insert their own for profit. This problem has persisted on some level in spite of years of discussion and various…

Wisconsin sues Kalshi, Polymarket, others over sports event contracts

Wisconsin’s lawsuit against Kalshi, Robinhood, Coinbase, Polymarket and Crypto.com deepens the battle between state gambling enforcers and federal regulators over sports prediction markets. Source link

BTC Binance Inflows Drop As Coinbase Activity Rises

Bitcoin (BTC) mid-size wallet inflows to Binance fell to 3,000–4,000 BTC, marking a multi-year low in sell-side activity from this cohort. This coincides with Coinbase recording about 8,500 BTC in inflows from similar wallets on Sunday, while other exchanges saw much smaller flows. Binance exchange Bitcoin inflows have fallen to 2023 levels, but how is…

Litecoin gives post-attack update, but other devs doubt zero-day theory

Valid transactions that occurred during the affected blocks were not impacted and remain on the main chain, the Litecoin development team said. Source link

Nakamoto taps Bitwise and Kraken for Bitcoin options strategy to hedge risk

Nakamoto launched a Bitcoin derivatives program with Bitwise and Kraken, aiming to generate options premiums and hedge part of its BTC treasury exposure. Source link

Running out of time on Clarity: State of Crypto

The crypto market structure bill has not made much public movement in a month. While making a prognosis on the bill is difficult, it’s not hard to see that the clock for passage is running out. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to…

ETH/BTC Breakout Aligns With Rising Ether Demand

The ETH/BTC ratio has climbed to a 10-week high, suggesting that Ether (ETH) is gaining momentum against Bitcoin (BTC) in the charts. Ether’s footing has improved as clearer DeFi regulations from the US Securities and Exchange Commission (SEC) were applauded by the crypto community. At the same time, Bitmine added 71,524 ETH to its Ether…

Poland Probes Zondacrypto As CEO Reportedly Flees to Israel

Zondacrypto’s crisis deepened on Friday after Polish outlet Onet reported that CEO Przemysław Kral had gone to Israel as prosecutors investigate the exchange over alleged fraud and investor losses. According to the report, Kral has been in Israel for about a week and holds Israeli citizenship, a factor that could complicate any potential extradition to…

Ethereum Risks 10% Dip Versus Bitcoin Despite ETH Staking Milestone

Ether (ETH) has fallen about 5.5% against Bitcoin (BTC) over the past week, and a bearish continuation setup now points to the risk of deeper losses ahead. Key takeaways: ETH/BTC’s bear flag pattern points to a possible 10% drop toward 0.026 BTC in May. Ethereum’s record 32.33% staking ratio is tightening liquid supply. Ether’s bear…