ETH Sell-off Fails To Shake Ether Options Traders

Key takeaways: ETH futures premium shows traders are staying cautious and avoiding heavy leverage even as banking stocks rebound from recent credit concerns. Ether whale activity near $3,700 suggests limited bearish conviction, though confidence in a swift recovery toward $4,500 remains subdued. Ether (ETH) dropped 9.5% on Friday, retesting the $3,700 level and triggering $232…

Roman Storm, Open Sea, and Ondo Make Headlines

Today in crypto, Tornado Cash developer Roman Storm warns open-source developers of retroactive prosecution, NFT marketplace OpenSea pivoting to a multi-asset exchange. Meanwhile, Ondo Finance is urging the US SEC to delay or reject Nasdaq’s tokenized securities proposal. Roman Storm warns open-source developers of retroactive prosecution Tornado Cash developer Roman Storm warned open source software…

Roman Storm, Open Sea, and Ondo Make Headlines

Today in crypto, Tornado Cash developer Roman Storm warns open-source developers of retroactive prosecution, NFT marketplace OpenSea pivoting to a multi-asset exchange. Meanwhile, Ondo Finance is urging the US SEC to delay or reject Nasdaq’s tokenized securities proposal. Roman Storm warns open-source developers of retroactive prosecution Tornado Cash developer Roman Storm warned open source software…

Billionaire YouTube Star MrBeast’s Firm Could Bring Crypto to Millions

Beast Holdings, the business entity tied to YouTube personality Jimmy ‘MrBeast’ Donaldson, has filed a U.S. trademark application for “MrBeast Financial,” with language suggesting a possible push into crypto. The application includes services like cryptocurrency payment processing, crypto exchange, and trading through decentralized exchanges (DEXs). The filing also mentions downloadable software and software-as-a-service (SaaS) tools…

Tornado Cash Dev Roman Storm Warns Community About Retroactive Prosecution

Roman Storm, a developer of the Tornado Cash privacy-preserving protocol, asked the open source software community whether they are concerned with being retroactively prosecuted by the US Department of Justice for developing decentralized finance (DeFi) platforms. Storm asked DeFi developers: “How can you be so sure you won’t be charged by the DOJ as a…

Babylon Enables Native Bitcoin Collateral in DeFi: Finance Redefined

Bitcoin infrastructure company Babylon Labs claimed to have developed a system that enables native Bitcoin to be used as collateral for borrowing assets on Ethereum. Babylon Labs co-founder and Stanford University professor David Tse said on Wednesday that the company built a proof-of-concept that allows native Bitcoin to be used “trustlessly” as collateral for loans…

Stablecoins Are Just CBDCs in Privately-Issued Wrapper: VC

Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global. Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability,…

Can Bitcoin Recover as Gold Price Pulls Back From Record Highs?

Key takeaways: Gold’s ongoing pullback could trigger Bitcoin’s rebound, according to multiple analysts. Rallying to $150,000–$165,000 by year’s end is still possible, based on technical analysis. Bitcoin (BTC) is showing signs of bottoming out as the rally by its analog rival, gold (XAU), is starting to look increasingly overextended. Bitcoin hints at “generational bottom” as…

Stablecoins Are Just CBDCs in Privately-Issued Wrapper: VC

Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global. Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability,…

Can Bitcoin Recover as Gold Price Pulls Back From Record Highs?

Key takeaways: Gold’s ongoing pullback could trigger Bitcoin’s rebound, according to multiple analysts. Rallying to $150,000–$165,000 by year’s end is still possible, based on technical analysis. Bitcoin (BTC) is showing signs of bottoming out as the rally by its analog rival, gold (XAU), is starting to look increasingly overextended. Bitcoin hints at “generational bottom” as…