El Salvador’s Bitcoin Reserve Fails to Help the Average Citizen — NGO Exec

El Salvador’s Bitcoin (BTC) reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. Ehrenmann told Reuters that repealing the Bitcoin…

DOJ Considering Criminal Charges Against Dragonfly Capital Employees for Years-Old Tornado Cash Investments

NEW YORK — Prosecutors told a federal judge in open court on Friday that they were considering criminally charging certain employees of crypto venture capital firm Dragonfly Capital, including general partner Tom Schmidt, for their 2020 investment into privacy tool Tornado Cash. The discussion between prosecutor Nathan Rehn and District Judge Katherine Polk Failla of the…

Dragonfly Capital Faces DOJ Threat Over Tornado Cash Ties

Dragonfly Capital could be the target of federal charges stemming from its early investment in Tornado Cash developer PepperSec, Inc., but the venture firm says it is prepared to “vigorously defend” itself if prosecutors pursue the case. In a Friday social media post, Dragonfly Capital managing partner Haseeb Qureshi defended the firm’s early backing of…

ETH Bulls Predict Rally To $9K: What Does Data Say?

Key takeaways: ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026. Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating. Network usage remains near full capacity, even after multiple block…

ETH Bulls Hold Steady As Bitcoin Price Takes A Dive

Key takeaways: Ether’s bullish structure remains intact even as the broader crypto market shows weakness. Over 540,000 ETH have been accumulated by new whale wallets since July 9. A concentration of buy orders between $3,000 to $3,400 raises the risk of a liquidity sweep before a rally to new highs. After hitting a yearly high…

El Salvador’s Bitcoin Reserve Fails to Help the Average Citizen — NGO Exec

El Salvador’s Bitcoin (BTC) reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. Ehrenmann told Reuters that repealing the Bitcoin…

ETH Bulls Predict Rally To $9K: What Does Data Say?

Key takeaways: ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026. Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating. Network usage remains near full capacity, even after multiple block…

Bitcoin Sell-off Puts Entire Altseason At Risk

Key points: Bitcoin has pulled back into the $115,000 to $110,530 support zone, where buyers are expected to mount a strong defense. ETH has been holding near the overhead resistance as investors pour money into the spot ETH ETFs. Repeated failure to maintain Bitcoin (BTC) above the $120,000 level in the past few days may…

Ether Machine launches for Institutional Yield after the GENIUS Act

Institutional interest in cryptocurrencies was piqued after “Crypto Week” in the US saw the passage of the industry’s key stablecoin bill, the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act. Signed into law by US President Donald Trump on July 18, the GENIUS Act bans yield-bearing stablecoins in the world’s largest economy,…

Ether Machine launches for Institutional Yield after the GENIUS Act

Institutional interest in cryptocurrencies was piqued after “Crypto Week” in the US saw the passage of the industry’s key stablecoin bill, the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act. Signed into law by US President Donald Trump on July 18, the GENIUS Act bans yield-bearing stablecoins in the world’s largest economy,…