Ethereum Treasury Trade Unwinds, Large Players Amass ETH Supply

Cryptocurrency markets saw another week of consolidation following last week’s long-awaited market recovery. While Bitcoin (BTC) remained above the key $90,000 psychological level, investor sentiment continued to be dominated by “fear,” with a marginal improvement from 20 to 25 within the week, according to CoinMarketCap’s Fear & Greed index. In the wider crypto space, the…

What It Means for State Crypto Adoption

Texas has become the first US state to officially purchase and hold Bitcoin (BTC), acquiring $5 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) and authorizing another $5 million for direct, self-custodied BTC. The move comes at an unexpected moment: a market downturn marked by exchange-traded fund (ETF) outflows, institutional caution and stalled legislative efforts…

New IMF Report on Stablecoin Risk Sparks Outrage From Crypto Experts

Amid an intensifying international focus on stablecoins, the International Monetary Fund (IMF) has released a 56-page report detailing what it sees as the key risks surrounding their adoption. The report draws parallels from the claims many other central banks and international financial organizations make regarding the threat stablecoins represent to governmental monetary control, to ultimately…

Prysm Bug Knocks Ethereum Consensus Participation After Fusaka

Shortly after the Fusaka network upgrade, the Ethereum network saw a sharp drop in validator participation after a bug in the Prysm consensus client knocked a chunk of votes offline. According to a Thursday Prysm announcement, version v7.0.0 of the client unnecessarily generated old states while processing outdated attestations, a flaw that Prysm core developer…

Prysm Bug Knocks Ethereum Consensus Participation After Fusaka

Shortly after the Fusaka network upgrade, the Ethereum network saw a sharp drop in validator participation after a bug in the Prysm consensus client knocked a chunk of votes offline. According to a Thursday Prysm announcement, version v7.0.0 of the client unnecessarily generated old states while processing outdated attestations, a flaw that Prysm core developer…

Poland Fails to Override Crypto Bill Veto, Delaying Regulation

The lower house of Poland’s parliament failed to secure the required three-fifths majority to override President Karol Nawrocki’s veto of the Crypto-Asset Market Act, pushing the country further away from regulating its digital-asset sector at a moment when lawmakers argue that oversight is increasingly urgent. As Bloomberg reported Friday, the legislation — advanced by Prime…

What It Means for State Crypto Adoption

Texas has become the first US state to officially purchase and hold Bitcoin (BTC), acquiring $5 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) and authorizing another $5 million for direct, self-custodied BTC. The move comes at an unexpected moment: a market downturn marked by exchange-traded fund (ETF) outflows, institutional caution and stalled legislative efforts…

Bitcoin Realized Losses Reached $5.7B as Holders Continue To Accumulate

Bitcoin (BTC) has dropped 10% over the last 30 days, as several groups of wallet holders switched from distribution to accumulation. Data suggests that this accumulation, coupled with record realized losses, points to a potential shift in momentum. Key takeaways: Bitcoin whales and mid-sized holders are aggressively accumulating BTC at current levels.  Whales and sharks…

Solana’s WET Presale Relaunches After Bot Farm Snipes Supply

A Solana presale event encountered distribution issues after a bot farm reportedly used over 1,000 wallets to snipe nearly the entire Wet (WET) token sale in seconds.  Hosted through the decentralized exchange aggregator Jupiter, the presale sold out almost instantly. But genuine buyers effectively had no chance to participate because a single actor dominated the…

Alphaton Files $420.69m Registration as Tiny Ton Treasury Eyes AI Push

Small-cap publicly traded firm AlphaTON Capital has signaled ambitions to access a substantially larger fundraising capacity as it delves deeper into the artificial intelligence and Telegram ecosystem.  The company has exited the SEC’s “baby-shelf” limitations and filed a $420.69 million shelf registration, a precise figure often referenced in crypto’s meme culture. The rules limit the…