Ethereum Backers Commit 30,000 ETH to rsETH Recovery After Exploit

Consensys and Ethereum co-founder Joe Lubin have joined DeFi United, committing as much as 30,000 ETH to a recovery effort aimed at restoring rsETH backing after a $290 million bridge exploit triggered widespread disruptions across DeFi. The initiative, led by participants in Aave DAO, aims to support affected users and stabilize rsETH markets, with governance…

BTC remains under pressure after three Bank of Japan (BoJ) members call for a rate hike

The Bank of Japan’s (BoJ) monetary policy decision on Tuesday boosted expectations of a hike in borrowing costs by the end of the second quarter. The yen is loving it, while bitcoin remains under pressure. The central bank kept its benchmark interest rate unchanged at 0.75% as widely expected. The decision, however, wasn’t unanimous, as…

Canada Moves Closer to Banning Crypto Political Donations

Canada is moving closer to banning political donations made in cryptocurrency, as lawmakers in Ottawa tighten rules around how money flows into elections. That’s after a proposed law — Bill C-25, the Strong and Free Elections Act — passed a second reading in the House of Commons on Friday. The vote signals that lawmakers support…

Bitcoin Bears At Risk Of $1.4B Liquidation If BTC Rallies To $80K

Key takeaways: Persistent spot market accumulation from Bitcoin ETFs and Strategy provided a price floor for Bitcoin and threatens to trigger a short squeeze. Negative funding rates and cautious options skews could trap bears if the Federal Reserve policy shifts or high oil prices trigger higher inflation. Bitcoin (BTC) price sustained levels above $76,000 for…

ETH Triple Top Rejects $2.4K As Analysts Flag Weakness Against BTC

Ether (ETH) fell 3.4% to $2,287 on Monday, after its fourth rejection at the $2,400 level since April 14. The price continues to trade below the 100-day moving average, with over $2.5 billion in liquidation risk concentrated near the $2,150 support zone. Crypto analyst Michaël van de Poppe also flagged weakness in Ether relative to…

Bitcoin Bears At Risk Of $1.4B Liquidation If BTC Rallies To $80K

Key takeaways: Persistent spot market accumulation from Bitcoin ETFs and Strategy provided a price floor for Bitcoin and threatens to trigger a short squeeze. Negative funding rates and cautious options skews could trap bears if the Federal Reserve policy shifts or high oil prices trigger higher inflation. Bitcoin (BTC) price sustained levels above $76,000 for…

Ethereum’s EEZ could pull other blockchains into its orbit

The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to other blockchains, says Ernst. Source link

Israeli Regulators Approve Shekel-Pegged Stablecoin

Israel’s Capital Market, Insurance and Savings Authority has greenlit the launch of a shekel-pegged stablecoin by the virtual exchange exchange Bits of Gold. In a Monday notice, the Israeli regulator said that it had granted approval of the BILS stablecoin after a two-year pilot program of the stablecoin on the Solana blockchain. Source: LinkedIn According…

Bitcoin Whale Holdings Hit 5 Month High At 3.09M BTC

Bitcoin (BTC) whales holding between 1,000-10,000 BTC have increased their BTC exposure over the past five months, with the total balance reaching 3.09 million, a level last seen on November 11, 2025. Short-term data suggest that Bitcoin traders may move toward existing liquidity at $73,700, but futures market activity and the longer-term market structure hint…

Who’s pledging to Aave’s $300 million DeFi recovery effort after massive Kelp DAO exploit

In the often-fractured world of decentralized finance, crises tend to expose fault lines. This time, they’re also revealing an unusual level of coordination. Aave, one of DeFi’s largest lending protocols, is at the center of a broad recovery effort following losses tied to the Kelp DAO exploit, drawing in capital and credit commitments from across…