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Castle Labs is arguing that crypto’s long tail is structurally overbuilt and that most tokens will ultimately be priced toward zero unless they can prove real business traction and tighter token alignment. The thesis, published in a long X post, frames the current market as a selection phase rather than a broad-based recovery story. The core point is not that crypto itself is failing, but that token supply has far outpaced sustainable demand. Castle Labs says the result is a market where a handful of majors dominate while thousands of smaller assets compete for shrinking liquidity. Too Many Crypto Tokens Castle Labs points to concentration data to make the case. According to the post, the top five crypto assets account for 84.4% of total market capitalization, leaving the rest of the market with 15.6%, or roughly $330 billion, spread across thousands of tokens. Related Reading: House Democrats Urge Treasury Probe Into Trump Family’s Crypto Venture It contrasts that with US equities, where the MAG7 represent 31% of the market and the S&P 500 represents 84.7%. In Castle Labs’ framing, crypto has reached roughly the same concentration level as the top 500 US companies, but with only five assets doing the heavy lifting. “Over the years, so many coins have been created that 99% of them need to go to zero for the industry’s good,” the firm wrote. It adds that the mismatch has become harder to ignore for investors who bought into crypto’s institutional adoption narrative but remain deep underwater in alt-heavy portfolios. Castle Labs outlines three broad paths for rebalancing: majors lose share to smaller tokens, external liquidity lifts the broader market, or weaker tokens lose value while majors absorb more of the capital. It argues the third outcome is the most likely, even if the first would be healthier in theory. A major part of the argument is simple market mechanics. Castle Labs says token unlocks will continue to add supply into a market where demand is already selective, citing $8.51 billion in unlock value this year and $17.12 billion over the next five years. That overhang, it argues, is colliding with poor business performance across much of the sector. Out of more than 5,600 protocols listed on DeFiLlama, Castle Labs says only 76 generated more than $1 million in revenue in the last 30 days, and only 237 cleared $100,000. Revenue is concentrated too. The post says the top 10 protocols in 2025 accounted for 80% of total crypto revenue, while the top three accounted for 64%, with Tether alone representing 44%. It also notes that only three of those top 10 revenue generators had launched tokens so far: Hyperliquid, Pumpfun, and Jupiter and says only HYPE materially outperformed. Related Reading: Goldman Sachs CEO Says US Must Codify How Crypto ‘Will Operate’ That backdrop helps explain Castle Labs’ skepticism toward new listings. It says there were about 118 major token launches in 2025, and 84.7% traded below their TGE valuation, which it describes as evidence of inflated launch pricing and weak post-launch structure. The Alignment Problem Castle Labs also argues the market is punishing tokens that are not economically aligned with the products they represent. It cites Circle’s acquisition of Interop Labs, where Axelar’s token AXL was not part of the deal, as an example of product value and token value diverging. “Tokens are not a legal representation of the business and don’t offer any actual rights over the company’s profits, unlike equity,” the firm wrote. “Investors, when they receive tokens, have these rights through the equity they hold. So they are in a better position, but token holders? They are at the project’s mercy when it comes to aligning their product with their token.” In that framework, buybacks are treated as one of the clearest signs of alignment. Castle Labs highlights Hyperliquid and Aave, and says Uniswap is only fully aligned with tokenholders after more than five years of its token’s existence. The firm’s conclusion is blunt but specific: capital should rotate toward protocols with real revenue, tokenholder alignment, and credible mechanisms to offset dilution. Whether that thesis holds in the next cycle may depend less on narrative and more on whether more projects adopt the kind of KPI- and revenue-led launch models Castle Labs says are now starting to emerge. At press time, the total crypto market cap stood at $2.16 trillion. Featured image created with DALL.E, chart from TradingView.com

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The token is consolidating around $0.0940–$0.0945 with higher lows, signaling constructive momentum after the breakout.

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River reports that Bitcoin adoption surged in 2025, cementing it as a mature asset class, even as its price has halved since hitting a peak in October.

#law and order

The proposal would cap stablecoin holdings and curb yields, a move critics say could push liquidity overseas as stablecoins become a core revenue stream.

#ethereum #news

The Ethereum Foundation has made one thing clear this week: it is not backing just any DeFi project with a token and a dashboard. In a series of posts outlining its direction, the Foundation said it wants to see decentralized finance thrive, but only if it lives up to core principles. As one member put …

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South Korean prosecutors reportedly accused a man of poisoning a business partner with pesticide in a dispute over losses due to crypto trading.

#solana #technical analysis #sol #solusd #solusdt #solbtc

Solana failed to settle above $85 and trimmed some gains. SOL price is now recovering losses from $76 and showing a few positive signs. SOL price started a decent recovery wave above $78 and $80 against the US Dollar. The price is now trading above $80 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $82 and $84. Solana Price Attempts Recovery Solana price remained stable and started a decent recovery wave above $78, like Bitcoin and Ethereum. SOL was able to climb above the $80 level. There was a move above the 50% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Besides, there was a break above a key bearish trend line with resistance at $81 on the hourly chart of the SOL/USD pair. However, the bears are active near $82.50 and the 61.8% Fib retracement level of the downward move from the $86.68 swing high to the $75.64 low. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $82 level. The next major resistance is near the $84 level. The main resistance could be $85. A successful close above the $85 resistance zone could set the pace for another steady increase. The next key resistance is $92. Any more gains might send the price toward the $95 level. Another Decline In SOL? If SOL fails to rise above the $82 resistance, it could continue to move down. Initial support on the downside is near the $80 zone. The first major support is near the $79 level. A break below the $79 level might send the price toward the $77 support zone. If there is a close below the $77 support, the price could decline toward the $74 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level. Major Support Levels – $80 and $77. Major Resistance Levels – $82 and $85.

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a recovery wave above $1.380 but failed near $1.3980. The price is now consolidating and might aim for a fresh move above $1.40. XRP price started a recovery wave above the $1.3750 zone. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.4100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.40. XRP Price Faces Key Hurdle XRP price remained supported above $1.3120 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.3350 and $1.350 to enter a short-term positive zone. There was also a move above the 50% Fib retracement level of the downward move from the $1.4244 swing high to the $1.3125 low. The bulls even pushed the price above $1.38 but they struggled to keep the price above $1.3950. Besides, there is a bearish trend line forming with resistance at $1.410 on the hourly chart of the XRP/USD pair. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3980 level or the 76.4% Fib retracement level of the downward move from the $1.4244 swing high to the $1.3125 low. The first major resistance is near the $1.4050 level. A close above $1.4050 could send the price to $1.4120. The next hurdle sits at $1.4250. A clear move above the $1.4250 resistance might send the price toward the $1.450 resistance. Any more gains might send the price toward the $1.50 resistance. Another Drop? If XRP fails to clear the $1.40 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3650 level. The next major support is near the $1.350 level. If there is a downside break and a close below the $1.350 level, the price might continue to decline toward $1.3320. The next major support sits near the $1.3220 zone, below which the price could continue lower toward $1.3120. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.3650 and $1.3500. Major Resistance Levels – $1.4000 and $1.4120.

#markets #news #bitcoin news

A broad uptick across tokens arrived alongside a softer greenback and a rally in Asian equities, though analysts remain split on whether the Feb. 5 lows will hold.

#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin realized cap #bitcoin bear market

Bitcoin continues to struggle to reclaim the $65,000 level as persistent selling pressure and weakening sentiment keep the market in a fragile state. Price action has remained subdued in recent weeks, with volatility elevated and risk appetite constrained by tightening liquidity conditions and macro uncertainty. The inability to secure sustained acceptance above this psychological threshold has reinforced caution among traders, leaving Bitcoin in what increasingly resembles a defensive phase rather than an early recovery environment. Related Reading: The Saylor Discount: Why Bitcoin Trading Below Strategy’s Realized Price is a Gift for Late-Cycle Allocators According to top analyst Axel Adler, recent on-chain data support this interpretation. Realized capitalization — which measures the aggregate value of Bitcoin based on the last price each coin moved — has declined for the second consecutive month. At the same time, the 3–6 month holder cohort has expanded significantly as coins acquired near cycle highs mature into that category. This dynamic typically reflects post-peak positioning rather than fresh accumulation. The 30-day Realized Cap Net Position Change currently sits around -2.26%, indicating sustained capital outflows from the network. Realized Cap peaked near $1.127 trillion in late November 2025 and has since contracted to roughly $1.094 trillion, representing about $33 billion in compression. Until this metric returns decisively to positive territory, evidence of renewed accumulation demand remains limited. HODL Waves Highlight Defensive Market Structure Adler notes that the latest HODL Waves data reinforces the view that Bitcoin remains in a defensive phase rather than active accumulation. The chart shows a sharp expansion in the 3–6 month coin-age cohort, which has risen to approximately 25.9% of the circulating supply. This reflects a growing share of coins last moved between August and November 2025 — a period closely aligned with purchases near the market peak. HODL Waves track the distribution of Bitcoin supply based on how long coins have remained dormant. Expansion of older cohorts generally indicates reduced transactional activity. However, in this case, the data suggests not confident accumulation but rather a “costly hold” environment, where many investors are sitting on underwater positions. The 3–6 month cohort has surged from roughly 19% at the start of February, while the 6–12 month group has also grown to about 20.2%. Meanwhile, short-term coins under one month account for only about 9.3% combined, signaling limited fresh demand entering the market. Combined with declining realized capitalization, the data points toward an aging supply without corresponding capital inflows. Until newer buying activity emerges and the 3–6 month cohort migrates into longer-term holding bands without selling pressure, Bitcoin’s broader market structure is likely to remain defensive rather than decisively bullish. Related Reading: The $45 Million Crypto Hammer: Whale Inflow To Binance Threatens To Shatter XRP’s Recovery Bitcoin Momentum Weakens As Price Tests Key Support Zone Bitcoin’s 3-day chart reflects clear structural deterioration as price accelerates lower toward the $63,000 region. After failing to reclaim the $90,000–$95,000 supply zone earlier in the year, BTC formed a distribution range before breaking decisively below its 50-period and 100-period moving averages. That breakdown triggered a sharp leg down, confirming a shift from consolidation to trend continuation on this timeframe. Currently, price trades well beneath the 50 SMA (~$92,000) and the 100 SMA (~$101,500), both of which have rolled over and now act as overhead resistance. The 200 SMA near the low-$90,000 region also remains far above the current price, reinforcing the broader bearish bias. The alignment of these moving averages — with shorter-term averages below longer-term ones — confirms negative momentum and sustained downside pressure. Related Reading: XRP’s Brutal Supply Compression Signals A Repeat Of The 2024 Expansion Volume expanded during the recent selloff, indicating active distribution rather than passive drift. The sharp rejection from the mid-$90,000 area, followed by impulsive downside candles, suggests sellers remain in control. From a structural perspective, the $60,000–$62,000 zone becomes the next critical support region. A sustained break below it could open the path toward deeper retracement levels. To stabilize, Bitcoin would need to reclaim at least the $75,000–$80,000 area and rebuild higher highs — a scenario not yet supported by current momentum. Featured image from ChatGPT, chart from TradingView.com 

#market analysis

Bitcoin rallied above $66,000 following a positive close from US stock markets, putting Monday’s AI and tech-stock driven sell-off to rest. Will $60,000 remain the BTC bottom?

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Coinbase, World Liberty Financial and Laser Digital are also in line for a banking charter in the US, after Crypto.com received conditional approval for a charter on Monday.

#bitcoin #btc #bitcoin news #btcusdt #bitcoin death cross #bitcoin bear market

An analyst has pointed out how Bitcoin could be approaching a death cross between the 50-day and 200-day SMAs on the 3-day chart. Bitcoin Is Potentially Nearing A Death Cross On The 3-Day Timeframe In a new post on X, analyst Ali Martinez has talked about a death cross on Bitcoin’s 3-day price chart. A “death cross” popularly refers to a bearish signal produced by a crossover between two simple moving averages (SMAs) of an asset. Typically, a death cross involves the longer SMA moving above the shorter one. In the context of the current topic, the SMAs of relevance are the 50-day and 200-day versions. Related Reading: Bitcoin Capitulation Persists As Short-Term Holders Realize $0.48B Daily Losses Below is the chart shared by Martinez that shows the pattern displayed by these two SMAs for the 3-day Bitcoin price. As is visible in the graph, the 50-day SMA of the 3-day Bitcoin price saw a cross under the 200-day SMA in each of the last three cycles. All of these crossovers preceded bearish price action. More specifically, the 2014 crossover led to a drawdown of 52.19% for the asset, the 2018 one to 50.56%, and the 2022 one to 45.91%. Interestingly, these price declines all led to the bottoms of their respective bear markets. “Since 2014, the death cross between the 50 and 200 simple moving averages on the 3-day chart has consistently preceded the final leg down of a Bitcoin $BTC bear market,” noted the analyst. Jumping to the present, BTC has faced a bearish shift in recent months with a notable drawdown in its price. This has resulted in the 50-day SMA witnessing a decline toward the 200-day SMA. As a zoomed-in chart shared by Martinez in another X post shows, there is now not much distance left between the 50-day and 200-day SMAs of the 3-day Bitcoin price. If the two lines continue to follow the current trajectories, the analyst has estimated that a death cross could occur on February 27th. Given the past trend, such a death cross could take Bitcoin into its final leg for the bear market. It only remains to be seen, however, whether the current cycle will actually follow a similar pattern or if it will show divergence. Related Reading: Another $438M In Crypto Longs Gone As Bitcoin, Altcoins Pull Back In some other news, the Realized Profit/Loss Ratio has slipped into the loss region recently, as on-chain analytics firm Glassnode has highlighted in an X post. In the past, a shift toward loss realization on the Bitcoin network has generally lasted for over six months before a return of liquidity has occurred. BTC Price Bitcoin has erased some of its recent recovery over the past couple of days as its price is now trading around $63,300. Featured image from Dall-E, chart from TradingView.com

#regulation

Enhanced ID checks at crypto ATMs may deter fraud but could also impact user privacy and transaction speed, influencing broader industry practices.
The post Bitcoin Depot mandates ID verification for all crypto ATM transactions appeared first on Crypto Briefing.

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Bitcoin Depot is moving to require ID for all transactions as regulators have cracked down on crypto ATM operators over scams and money laundering concerns.

#ethereum #eth #ethbtc #ethusd

Ethereum price started a fresh decline below $1,865. ETH is now recovering losses from $1,800 and might struggle to recover above $1,925 or $1,950. Ethereum started a recovery wave from the $1,800 zone. The price is trading above $1,900 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,935 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,950 zone. Ethereum Price Attempts Recovery Ethereum price failed to stay above $1,880 and started a fresh decline, like Bitcoin. ETH price traded below the $1,850 and $1,820 levels to enter a bearish zone. Finally, the bulls appeared near $1,800. A low was formed at $1,793, and the price started a minor recovery wave. There was a move above the $1,900 level and the 50% Fib retracement level of the downward move from the $1,995 swing high to the $1,793 low. Ethereum price is now trading above $1,900 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,880, the price could attempt another increase. Immediate resistance is seen near the $1,925 level. The first key resistance is near the $1,950 level and the 76.4% Fib retracement level of the downward move from the $1,995 swing high to the $1,793 low. There is also a bearish trend line forming with resistance at $1,935 on the hourly chart of ETH/USD. The next major resistance is near the $1,965 level. A clear move above the $1,965 resistance might send the price toward the $2,020 resistance. An upside break above the $2,020 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,150 in the near term. Another Drop In ETH? If Ethereum fails to clear the $1,950 resistance, it could start a fresh decline. Initial support on the downside is near the $1,900 level. The first major support sits near the $1,870 zone. A clear move below the $1,870 support might push the price toward the $1,845 support. Any more losses might send the price toward the $1,800 region. The main support could be $1,780. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $1,870 Major Resistance Level – $1,950

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Bloomberg reports that Stripe is in early acquisition talks with PayPal as the payments giant has battled competition, leadership turmoil and an 85% stock drop from its peak.

#bitcoin #btc price #bitcoin price #btc #bitcoin news #btcusd #btcusdt #btc news #ted #poc #point of control #lennaert snyder #market structure break #msb

Bitcoin is sitting at a decisive inflection point. After losing key support and pressing into range extremes, the market now faces a clear binary outcome: reclaim the range highs and shift momentum back to the upside, or fail and extend toward new weekly lows. The next move from here will likely set the tone for Bitcoin’s short-term direction. Bitcoin Tests Range Extremes Currently, Bitcoin is navigating a period of high tension as it tests its range extremes, a phase that analyst Lennaert Snyder notes can feel intimidating for many traders. However, these moments of extreme volatility often serve as the foundation for the highest-quality setups.  Related Reading: Bitcoin COT Data: Smart Money Goes Net Long With ‘Urgency’ The current strategy remains patient, focusing on a Market Structure Break (MSB) as the primary prerequisite for entering a long position. On the H4 timeframe, the specific level to watch is the $66,590 high. Gaining and holding this level would signal a shift in momentum, providing the initial green light for bulls to step in.  While the $66,590 mark is the first hurdle, the true pivot for a structural bullish flip sits at approximately $68,000. This level is of paramount importance because it hosts the Point of Control (POC) for the entire range. Reclaiming this zone would shift the narrative from a defensive to an offensive posture, confirming that buyers have regained control of the value area. If Bitcoin successfully regains the $68,000 level, it opens a clear path to the $71,422 resistance. Beyond that, the ultimate objective for this move would be the massive liquidity cluster sitting at $76,971. Thus, the $68,000 zone is also a critical area for bears as it could become a prime short entry following a confirmed rejection. Conversely, the market must account for the possibility of a bull trap at the lower resistance levels. If Bitcoin sweeps the $66,590 high only to be met with a sharp rejection, it would suggest that the rally was merely a liquidity grab. Such a failure would likely trigger an aggressive short-selling wave, potentially driving the price down to establish new weekly lows. $65,000 Support Lost — Momentum Shifts Lower In a recent update, Ted noted that Bitcoin has now broken below the key $65,000 support zone, shifting short-term momentum back in favor of the bears. Losing this level weakens the immediate structure and opens the door for further downside exploration. Related Reading: Bitcoin’s Record Red Month May Be Setting Up A Reversal: Analysts That said, significant bid liquidity is stacked between $60,000 and $63,000, creating a potential demand pocket. However, whether that zone holds may largely depend on broader market conditions, particularly how the stock market behaves in the coming sessions. Given the current setup, a sweep of the $60K lows appears increasingly likely before any meaningful reversal attempt. Featured image from Pixabay, chart from Tradingview.com

#business

The deal could combine two major payments firms already expanding into stablecoin and crypto infrastructure.

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The Blockchain Association released its tax policy positions, saying “low-dollar” crypto transfers should be exempted, but mining and staking should be taxed.

#news #crypto news

Pi Network is going through a rough stretch. PI is trading near $0.16, down more than 94% from its all-time high of $2.98. Even after a small bounce from its recent low near $0.13, sentiment remains fragile. Volume is modest, and many early users are questioning what comes next. But while the price chart looks …

#technology

Discord's delay in age verification highlights the tension between user privacy concerns and regulatory compliance, impacting user trust and platform dynamics.
The post Discord delays global age verification rollout until H2 2026 appeared first on Crypto Briefing.

#news #bitcoin #crypto news

The crypto market is flashing green today after days of pressure. Total market capitalization has climbed to $2.27 trillion, up nearly 3% in 24 hours. Bitcoin is trading around $66,200, gaining more than 3% on the day. Ethereum has jumped close to 5%, now hovering near $1,935. XRP has also pushed higher toward $1.38, while …

#bitcoin #bitcoin price #btc #btcusd #btcusdt #xbtusd

Bitcoin price failed to stay above $65,000 and dipped further. BTC is now recovering losses from $62,500 and faces hurdles near the $66,500 zone. Bitcoin started a fresh decline and traded below the $65,000 support. The price is trading below $66,500 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $66,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $65,500 and $65,000 levels. Bitcoin Price Recovers Some Ground Bitcoin price failed to remain stable above the $66,000 zone. BTC started a fresh decline and traded below the $65,000 support zone. There was a push below $64,000. The price even spiked below $63,000. A low was formed at $62,500, and the price is now correcting some losses. There was a move above $65,000 and the 50% Fib retracement level of the recent decline from the $68,654 swing high to the $62,500 low. Bitcoin is now trading below $66,500 and the 100 hourly simple moving average. If the price remains stable above $65,000, it could attempt a fresh increase. Immediate resistance is near the $66,500 level. There is also a bearish trend line forming with resistance at $66,600 on the hourly chart of the BTC/USD pair. The first key resistance is near the $67,200 level or the 76.4% Fib retracement level of the recent decline from the $68,654 swing high to the $62,500 low. A close above the $67,200 resistance might send the price further higher. In the stated case, the price could rise and test the $68,000 resistance. Any more gains might send the price toward the $68,800 level. The next barrier for the bulls could be $69,200 and $69,500. Another Decline In BTC? If Bitcoin fails to rise above the $66,500 resistance zone, it could start another decline. Immediate support is near the $65,500 level. The first major support is near the $65,000 level. The next support is now near the $64,200 zone. Any more losses might send the price toward the $63,500 support in the near term. The main support now sits at $62,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $65,500, followed by $65,000. Major Resistance Levels – $66,500 and $67,200.

#crypto news #uncategorized #ripple (xrp)

A new debate is taking place in the crypto world after Ripple’s Chief Technology Officer, David Schwartz, made a series of statements about XRP and control over the XRP Ledger. And this time, he didn’t dodge the hard questions. Schwartz took to X to explain how the XRP Ledger prevents double spending — the core …

#news #crypto news #ripple (xrp)

A new debate is taking place in the crypto world after Ripple’s Chief Technology Officer, David Schwartz, made a series of statements about XRP and control over the XRP Ledger. And this time, he didn’t dodge the hard questions. Schwartz took to X to explain how the XRP Ledger prevents double spending — the core …

#news #crypto regulations #crypto news

Tech giant Meta Platforms Inc reportedly has plans to launch yet another dollar-backed stablecoin to support digital payments for its products.  Sources close to the project said Meta will work with a third-party vendor to integrate the stablecoin and its wallet into Meta’s ecosystem in the early second half of this year. The company has …

#ethereum #crypto #ether #vitalik buterin

Vitalik Buterin has been moving Ether into stablecoins again. According to on-chain data, wallets linked to him carried out a series of swaps on CoW Swap, sending more than 3,100 ETH into stable assets in recent days. Related Reading: Bitcoin Buying Spree Nears Century Mark, Saylor Hints Reports from Arkham Intelligence flagged the activity, which lowered his visible balance to just above 224,000 ETH — still a very large holding. Latest Moves And What They Mean The numbers deserve context. A $6 million set of sales is small compared with a multi-hundred-million-dollar stake. Some of the transfers were public and routine. Reports say parts of earlier moves — about $29 million worth — had clear funding purposes. At least $2.3 million of that was used to back projects tied to the foundation’s work. That is a normal use of a treasury when teams need cash for development and grants. Funding And Foundation Plans The sale sequence also fits into a broader plan that was mentioned publicly weeks ago. Buterin signaled that roughly $44.7 million might be offloaded over time while the Ethereum Foundation tightens spending and adopts a more frugal stance. That mild austerity is meant to stretch funds and keep core programs running. Moving assets into stablecoins can be a defensive step: it reduces exposure to price swings while preserving buying power for future spending. Market Reaction And Price Pressure Still, markets are fragile. ETH has fallen, trading under $1,900 and hitting two-week lows in the recent session. The token is down sharply over the past month, and that drop amplifies any news about big holders selling. Prediction markets even assign a high chance that ETH falls to $1,500 before climbing back to $3,000. Traders react to signals; founder moves are a signal. That does not automatically mean the founder is abandoning the project, but it does feed short-term anxiety. Related Reading: XRP Fell Nearly 70% — Could History Repeat With An 835% Surge? Roadmap Talk And Longer View Beyond the cash moves, Buterin has been outspoken about technical direction. He argued the mainnet needs a rethink of how it works with layer-two rollups, and he backed an upgrade aimed at strengthening censorship resistance. Featured image from Unsplash, chart from TradingView

#regulation

The investigation into Binance could intensify regulatory scrutiny on crypto exchanges, impacting global compliance standards and market trust.
The post US senator probes Binance over alleged Iran and Russia sanctions violations appeared first on Crypto Briefing.

#latest news

Anthropic alleges Chinese AI companies DeepSeek, Moonshot and MiniMax made 24,000 accounts and 16 million Claude exchanges to scrape its AI bot for training.