Jury in MEV Bot Trial Struggles to Reach Verdict as Weekend Approaches

Jurors who will decide whether two brothers are guilty beyond a reasonable doubt in a case involving maximal extractable value (MEV) bots on the Ethereum blockchain are no closer to reaching a verdict going into the weekend. According to reporting from Inner City Press at a New York City court on Friday, the jurors in…

Jury in MEV Bot Trial Struggles to Reach Verdict as Weekend Approaches

Jurors who will decide whether two brothers are guilty beyond a reasonable doubt in a case involving maximal extractable value (MEV) bots on the Ethereum blockchain are no closer to reaching a verdict going into the weekend. According to reporting from Inner City Press at a New York City court on Friday, the jurors in…

Bitcoin’s Recovery May Take Months After 20% Dip: Here’s Why

Key takeaways: Bitcoin analyst Timothy Peterson expects two to six months for recovery, though forecasts remain divided. One model cites historical price action breakout phases from 2017, 2021 and 2024.  Bitcoin’s (BTC) recent correction has tempered bullish enthusiasm, with analysts now projecting a slower path toward new highs. Since reaching an all-time high of $126,200…

U.S. Fed’s Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T

U.S. Federal Reserve Governor Stephan Miran, the newest member of the board of governors after his recent confirmation, pointed a spotlight on stablecoins and the potential that their explosive growth — especially by foreign users — will have heavy consequences for monetary policy. “Stablecoins may become a multitrillion dollar elephant in the room for central…

Evernorth Losses Spotlight Digital Asset Treasury Risks

The month-long slide in crypto prices hasn’t just hit major assets like Bitcoin (BTC) and Ether (ETH) — it’s also dealing heavy losses to digital asset treasury companies that built their business models around accumulating crypto on their balance sheets. That’s one of the key takeaways from a recent social media analysis by onchain data…

Bitcoin Whales and Retail Investors Head in Opposite Directions

Bitcoin retail investors are snapping up Bitcoin as whales sell off, a pattern that could signal trouble for the asset’s price if history is any guide, according to sentiment platform Santiment. However, other crypto analysts are divided on how the coming weeks will unfold for Bitcoin (BTC). “Historically, prices tend to follow the direction of…

DeFi Turns Toward Transparency Amid Market Turmoil

Balancer suffered one of the largest decentralized finance (DeFi) exploits on Monday, with more than $116 million in staked Ether and liquidity pool tokens drained from Balancer v2 contracts and several forks.  The decentralized exchange (DEX) and automated market maker (AMM) investigated what appeared to be faulty access control in its smart contracts, which allowed…

Bitcoin Retests $100K As Altcoins Search For Stability

Key points: Bitcoin has remained above the $100,000 level on a closing basis, but the risk of a breakdown remains until the price rises above $108,000. Several major altcoins are holding onto their support levels, but a weak bounce heightens the risk of a breakdown. Bitcoin (BTC) has risen above $101,000, indicating that the bulls…

US Senate to Vote on Bill to Reopen Gov’t with Crypto Bill in Limbo

The shutdown of the US government entered its 38th day on Friday, with the Senate set to vote on a funding bill that could temporarily restore operations. According to the US Senate’s calendar of business on Friday, the chamber will consider a House of Representatives continuing resolution to fund the government. It’s unclear whether the…

Bitcoin Coinbase Premium Hits 7-month Low: Is $95K Next?

Key takeaways: Bitcoin dropped below $100,000 and could retest its yearly open at $93,500 as its momentum weakens. The Coinbase Premium hit a seven-month low, reflecting strong US spot Bitcoin selling pressure. Short-term holders are accumulating BTC, while long-term holders continue taking profits. Bitcoin’s (BTC) recent weakness extended into Friday’s trading session, with BTC once…