Who Will Run the CFTC and What Does It Mean for Crypto?

Almost a year into the second term of US President Donald Trump, the Commodity Futures Trading Commission (CFTC) still doesn’t have a permanent head. Former CFTC Commissioner Brian Quintenz was Trump’s top choice for the role. A confirmation vote was expected by the end of July but was stalled at the request of the White…

Ethereum’s ‘Rare Oversold Signal’ Hints at ETH Price Rebound

Key takeaways: Ether’s “rare oversold” RSI, historically tied to major ETH price rallies, suggests a price reversal in the short-term. ETH traders say price must stay above the $3,800-$3,900 range to avoid more losses. Ether (ETH) traders expect a short-term bounce as a key ETH price metric sinks to its lowest levels in several months….

Cronos Erases Trump Gains, CRO Faces Demand Doubts

Cronos, the native cryptocurrency of Crypto.com’s Cronos Chain, has faced significant selling pressure since the launch of the Trump Media Group CRO Strategy last month. On Aug. 26, Trump Media and Technology Group (TMTG), the operator of Truth Social and majority-owned by the Donald J. Trump Revocable Trust, announced a joint $6.4 billion Cronos (CRO)…

Can Bitcoin’s hard cap of 21 million be changed?

What is a hard cap? A hard cap is the maximum supply of a cryptocurrency that can ever exist. It’s hardcoded into the blockchain’s code and sets a strict limit on how many tokens or coins can be created. This limit promotes scarcity, which can help boost the value of each token over time. Take…

Ethereum Co-Founder Moved $6M of ETH; Whales Bought $1.6B In 2 Days

Ethereum co-founder Jeffrey Wilcke could be looking to sell some of his Ether holdings after sending around 1,500 ETH to crypto exchange Kraken on Thursday.  Wilcke sent 1,500 Ether (ETH), worth around $6 million, to the crypto exchange, according to onchain analytics platform Lookonchain. It came as the price of Ether dropped from $4,000 to…

Ethereum Co-Founder Moved $6M of ETH; Whales Bought $1.6B In 2 Days

Ethereum co-founder Jeffrey Wilcke could be looking to sell some of his Ether holdings after sending around 1,500 ETH to crypto exchange Kraken on Thursday.  Wilcke sent 1,500 Ether (ETH), worth around $6 million, to the crypto exchange, according to onchain analytics platform Lookonchain. It came as the price of Ether dropped from $4,000 to…

Stablecoins, ETPs and Legislation Key Themes for Crypto Returns in Q4

Crypto prices will likely be spurred by crypto market structure legislation, stablecoins and a flood of exchange-traded products (ETP) in the fourth quarter, analysts told Cointelegraph, after assets tied to digital treasuries dominated over the last quarter. In a report released on Thursday, crypto asset manager Grayscale’s research team said that crypto market structure legislation…

Bitcoin Drops To 3-Week Low, Will $22B Options Expiry Help?

Key takeaways: Traders reduced bullish positions, signaling mixed market sentiment ahead of Friday’s $22 billion monthly Bitcoin options expiry. Stablecoin premiums and Bitcoin ETF inflows indicate cautious optimism, suggesting traders may seek gains in the near term. Bitcoin (BTC) dropped to its lowest level in over three weeks, triggering $275 million in liquidations of leveraged…

Stablecoins, ETPs and Legislation Key Themes for Crypto Returns in Q4

Crypto prices will likely be spurred by crypto market structure legislation, stablecoins and a flood of exchange-traded products (ETP) in the fourth quarter, analysts told Cointelegraph, after assets tied to digital treasuries dominated over the last quarter. In a report released on Thursday, crypto asset manager Grayscale’s research team said that crypto market structure legislation…

Bitcoin Hits Four-Week Low Amid Major Profit-Taking

Bitcoin could be headed for a deeper correction as cumulative realized long-term holder profit taking has now reached levels seen in previous market cycle tops, according to onchain analysis. Long-term holders realized 3.4 million Bitcoin (BTC) in profit, and exchange-traded fund inflows have slowed, according to Glassnode, a sign of “exhaustion” after the Federal Reserve…