Bitcoin is preparing for high volatility as the US releases its January 2026 Consumer Price Index (CPI) data at 8:30 AM ET. With inflation expected to be around 2.5% year-over-year, traders across the crypto market are closely watching whether the print comes in hot, cool, or in line with forecasts. Bitcoin Price has increasingly reacted …
An analyst has pointed out how Shiba Inu’s break below the support line of a Parallel Channel could open the door to a target of $0.00000138. Shiba Inu Has Fallen Under Parallel Channel Support In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern that Shiba Inu has seemingly broken out of recently. The pattern in question is a “Parallel Channel,” which is a type of consolidation channel that forms whenever an asset’s price trades between two parallel trendlines. Related Reading: Bitcoin Social Sentiment Stays Bearish Even As Price Recovers From $60,000 Drop The upper level of the pattern is likely to be a source of resistance, while the lower one that of support. If the price manages to escape either of these boundaries, then it may be likely to experience a sustained move in that direction. Parallel Channels come in a few variants. Channels that have their lines sloped upward are known as Ascending Channels, while those with trendlines pointing down are called Descending Channels. In the context of the current topic, the third and simplest type of Parallel Channels is of interest: a channel that is parallel to the time-axis. This type of Parallel Channel corresponds to a phase of true sideways movement in the asset. Now, here is the chart shared by Martinez that shows the Parallel Channel that the weekly price of Shiba Inu was stuck inside for the last few years: As displayed in the above graph, the 7-day price of Shiba Inu retested the upper level of the Parallel Channel twice in 2024, but each time, the memecoin found rejection. During 2025, the cryptocurrency mostly consolidated near the midline of the channel, but the decline during the last quarter of the year meant that the coin plummeted toward the support line. With bearish price action continuing in 2026, the asset retested the level, but it failed to find a rebound and slipped right past it. This could be a potential sign that the memecoin is now breaking under the channel. As mentioned before, Parallel Channel breakouts can lead to sustained moves in the direction of the break. Such moves may end up being of the same length as the height of the channel. Based on this, Martinez has highlighted the $0.00000138 level, noting that the breakout could have opened the door to it. From the current SHIB price, this level is situated around 77% lower. Related Reading: Ethereum Whale Selloff Continues As Supply Share Drops Under 75% It now remains to be seen how Shiba Inu will develop in the near future, considering this development in its weekly chart. SHIB Price At the time of writing, Shiba Inu is floating around $0.00000615, down 2% over the last seven days. Featured image from Dall-E, chart from TradingView.com
Sentiment around XRP has turned cautious as the token struggles to hold important price levels during a wider crypto market slowdown. After trading comfortably above $1 earlier in the cycle, XRP is now hovering near a critical support zone. Analysts warn that a clear break below $1 could lead to a deeper decline. The $1 …
Crypto markets are still moving under pressure, with major altcoins struggling to regain traction and sentiment hovering in defensive territory. Yet beneath the surface, a different story is unfolding. ARTX, BTR, KITE and MOODENG have exploded higher in a single session, posting double-digit gains while much of the market remains cautious. Such divergence rarely happens …
Crypto treasury firm ETHZilla recently sold some of its crypto to begin a tokenization push by buying two jet engines leased to a US airline.
RippleX, the development team behind the XRP Ledger, has launched Token Escrow (XLS-85) on the XRPL mainnet. This update expands the escrow feature beyond XRP. Now, trustline-based tokens and Multi-Purpose Tokens can also be locked on-chain, supporting stablecoins, real-world assets, and institutional transactions. XRPL Token Escrow XLS-85 Goes Live on Mainnet According to the RippleX developer …
The Royal Government of Bhutan has been steadily selling Bitcoin, including another $6.7 million this week, as part of ongoing periodic liquidations that follow heavier sales in September and beyond. After expanding mining plans with Bitdeer Technologies to boost capacity toward 600 MW, on-chain data shows Bhutan’s mining output dropped after the April 2024 halving, …
Bitcoin is once again facing notable selling pressure. The market confronts a challenging phase marked by weakening momentum and cautious investor positioning. Recent price action suggests that bullish conviction has softened. Traders are increasingly attentive to liquidity conditions, macro uncertainty, and shifting market sentiment. While volatility is not unusual at this stage of the cycle, the current environment reflects a market searching for direction rather than sustaining a clear upward trend. Related Reading: Bitcoin Realized Losses Hit Luna Crash Levels — But Price Context Points To A Different Market Phase A recent CryptoQuant report provides additional context through Bitcoin’s Combined Market Index (BCMI), a composite metric that integrates valuation, profitability, spending behavior, and sentiment indicators. According to the analysis, BCMI has fallen into the low 0.2 range, a level historically associated more with early bear market phases — such as those seen in 2018 and 2022 — rather than routine mid-cycle corrections. This shift suggests a deeper structural adjustment may be underway. Notably, BCMI was hovering near 0.5 as recently as October, a zone typically interpreted as market equilibrium between bullish and bearish forces. The subsequent decline indicates that this balance has broken down. Whether this signals the start of a prolonged bearish phase or a temporary reset will likely depend on future liquidity conditions, investor demand, and broader macroeconomic developments. BCMI Breakdown Points To Structural Weakness In Bitcoin Market The CryptoQuant report highlights a notable deterioration in Bitcoin’s Combined Market Index (BCMI), suggesting a shift away from mid-cycle consolidation toward a more defensive market regime. According to the analysis, the mid-cycle equilibrium around the 0.5 level failed to hold, with no meaningful rebound emerging from the 0.3 zone. Instead, the index continued declining directly toward the low 0.2 range without the type of expansion reset typically seen during healthier corrective phases. This pattern differs from past mid-cycle cooling periods and increasingly resembles a transition into a risk-off market environment. Historical comparisons provide additional perspective. Previous cycle bottoms generally formed when BCMI reached approximately 0.10–0.15, notably during 2019 and again in the 2022–2023 bear phase. Current readings remain above those capitulation levels, implying that while Bitcoin may already be operating within a bearish structural framework, full capitulation conditions have not yet materialized. Because BCMI aggregates valuation metrics such as MVRV, profitability indicators like NUPL, spending behavior via SOPR, and broader sentiment measures, its decline into the low 0.2 range reflects shrinking unrealized profits, rising realized losses, deteriorating sentiment, and ongoing valuation compression. Unless the index stabilizes and reclaims the 0.4–0.5 zone, the probability of continued structural weakness remains elevated. Related Reading: Bitcoin Drop Wipes Billions From Recent Buyers: New Whale Cost Basis Falls Toward $90K Bitcoin Tests Long-Term Support After Weekly Breakdown Bitcoin’s weekly chart reflects increasing structural pressure following the recent loss of the $70,000 level, a key psychological and technical threshold that had previously acted as support. Price has now retreated toward the mid-$60,000 range, placing BTC below shorter-term trend averages and signaling weakening bullish momentum. This shift suggests the market is transitioning from consolidation toward a more defensive phase. The chart shows a clear sequence of lower highs since the late-cycle peak near the $120,000 region. A pattern often associated with corrective or transitional market environments. Recent declines have been accompanied by elevated trading volume. Typically indicative of distribution or forced deleveraging rather than gradual profit-taking. Such dynamics often increase volatility while complicating sustained recovery attempts. Related Reading: Long-Term Ethereum Holders Expand Positions While Market Faces Pressure: Rare Signal Emerges From a structural perspective, the $60,000–$62,000 zone emerges as a critical support area. This region aligns with prior consolidation phases and high-liquidity trading zones that historically attracted demand. Holding above this level could allow Bitcoin to stabilize and potentially form a base for sideways consolidation. However, a decisive breakdown would raise the probability of deeper retracement scenarios. Bitcoin’s direction remains closely tied to liquidity conditions, institutional flows, and broader macro sentiment influencing risk assets. Featured image from ChatGPT, chart from TradingView.com
Chainalysis says that despite the rising use of crypto in trafficking networks, the transparency of blockchain may give visibility into the operations, aiding law enforcement.
Israeli authorities said a military reservist and a civilian were arrested after allegedly using classified information to place bets related to military strikes on Iran.
Solana failed to stay above $90 and corrected gains. SOL price is now trading below $85 and might find bids near the $76 zone. SOL price started a downside correction below $85 against the US Dollar. The price is now trading below $82 and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $76 zone. Solana Price Starts Downside Correction Solana price failed to surpass $90 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $85 and $82 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. Besides, there is a bearish trend line forming with resistance at $81 on the hourly chart of the SOL/USD pair. Solana is now trading below $80 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $81 level and the trend line. The next major resistance is near the $82.20 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 $90. Any more gains might send the price toward the $102 level. More Losses In SOL? If SOL fails to rise above the $82 resistance, it could start another decline. Initial support on the downside is near the $76 zone and the 61.8% Fib retracement level of the upward wave from the $67.40 swing low to the $89.72 high. The first major support is near the $72.50 level. A break below the $72.50 level might send the price toward the $68 support zone. If there is a close below the $68 support, the price could decline toward the $60 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $76 and $72.50. Major Resistance Levels – $81 and $85.
The U.S. Commodity Futures Trading Commission has officially launched its Innovation Advisory Committee, appointing a broad group of leaders from both crypto and traditional finance. The initiative comes under Chairman Mike Selig as the agency positions itself to take on a greater role in overseeing digital asset and derivatives markets. Among the most prominent appointees …
Rumors are spreading across X after reports surfaced that executives from SWIFT and Ripple may have held a private lunch in Miami. The rumor, first highlighted on X by XRP analyst Steph, suggested that the two payment giants quietly met to discuss possible collaboration involving XRP. There has been no official confirmation from either SWIFT or Ripple that such a meeting took place, nor has there been any statement acknowledging partnership talks. Even so, the possibility alone leads to conversations as to whether Ripple and SWIFT could eventually find common ground. Ripple To Move Forward With SWIFT? Ripple has positioned itself as a technology company built to modernize cross-border payments, which is a sector that has always been dominated by SWIFT. That competitive posture has led to years of comparisons between the two. Related Reading: How SWIFT Could End Up Working With XRP For Global Payments Ripple executives, including CEO Brad Garlinghouse, have openly discussed capturing a significant share of the cross-border payments market historically associated with SWIFT. In one conference, Garlinghouse noted that Ripple plans to capture around 14% of SWIFT’s processing volume within the next five years. Rumors are that a private executive luncheon recently took place between Ripple and SWIFT executives in Miami. However, this is not the first time whispers of collaboration between SWIFT and Ripple have circulated on social media. Over the years, social media has repeatedly speculated about potential integrations and transitions to XRP-based liquidity. None of those claims have materialized into a formal partnership announcement. Nevertheless, the conversation continues to attract attention from industry figures. For instance, business legend Patrick Bet-David publicly stated that he is buying XRP and sees a $100 price target if integration with SWIFT were to happen. Can SWIFT Integrate With Ripple? While speaking at the 2025 XRPL Apex Conference, Ripple CEO Brad Garlinghouse stated that the XRP Ledger could capture about 14% of the volume currently processed by SWIFT within five years. However, replacing or even integrating with SWIFT is no small task, given the company is supported by decades of activity in financial institutions. SWIFT was founded in the 1970s and connects thousands of banks worldwide in over 200 countries and territories. Related Reading: How Much Would You Have If You Put $500 In Bitcoin In 2014 Vs. XRP? Interestingly, SWIFT itself has acknowledged that blockchain technology has a role to play in the future of global finance. Back in September 2025, the company announced that it is adding a blockchain-based shared ledger to its technology infrastructure. Ripple, on the other hand, has been working tirelessly with acquisitions and partnerships to increase its footprint within institutional finance and global liquidity corridors. Acquisitions include purchases of Hidden Road and GTreasury. The company is also expanding its reach by onboarding regional banking partners across Asia, the Middle East, and Europe. The idea of SWIFT integrating with Ripple is not really far-fetched. In theory, SWIFT could continue to handle standardized messaging while also integrating distributed ledger technology for faster settlement. Featured image from Adobe Stock, chart from Tradingview.com
Many of the cases now intersect with “pig-butchering” schemes, long-form scams blending emotional grooming with fake crypto platforms.
Key valuation gauges remain short of the capitulation seen at past cycle lows, as inflation risks keep the pressure on digital assets.
XRP price failed to surpass $1.4650 and started another decline. The price is now correcting gains and might struggle to stay above $1.320. XRP price started a downside correction and declined below $1.40. The price is now trading below $1.380 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $1.3880 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above $1.30. XRP Price Dips To Support XRP price failed to stay above $1.4650 and started a downside correction, like Bitcoin and Ethereum. The price dipped below the $1.420 and $1.40 levels to enter a negative zone. The price even tested the 50% Fib retracement level of the upward move from the $1.1356 swing low to the $1.5435 high. The bulls are now active near the $1.340 zone. Besides, there is a declining channel forming with resistance at $1.3880 on the hourly chart of the XRP/USD pair. The price is now trading below $1.3850 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3880 level. The first major resistance is near the $1.40 level, above which the price could rise and test $1.420. A clear move above the $1.420 resistance might send the price toward the $1.450 resistance. Any more gains might send the price toward the $1.4820 resistance. The next major hurdle for the bulls might be near $1.50. Downside Continuation? If XRP fails to clear the $1.40 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.340 level. The next major support is near the $1.30 level or the 61.8% Fib retracement level of the upward move from the $1.1356 swing low to the $1.5435 high at $1.2920. If there is a downside break and a close below the $1.2920 level, the price might continue to decline toward $1.2650. The next major support sits near the $1.250 zone, below which the price could continue lower toward $1.2250. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.340 and $1.2920. Major Resistance Levels – $1.3880 and $1.40.
Bitcoin open interest falls to $34 billion as investor demand dries up and traders’ concerns shift to worrying US macroeconomic data. Is TradFi exiting BTC?
Ethereum continues to trade below the critical $2,000 level, reflecting persistent market pressure as traders await a clearer directional catalyst. The inability to reclaim this psychological threshold has kept sentiment cautious, with volatility elevated and liquidity conditions still uncertain. While price action has stabilized somewhat after recent declines, the broader structure suggests the market is preparing for a decisive move that could define Ethereum’s short-term trajectory. Related Reading: Bitcoin Realized Losses Hit Luna Crash Levels — But Price Context Points To A Different Market Phase A recent CryptoQuant report provides important context, indicating that the Ethereum market has undergone one of its most prolonged periods of stress since mid-2021. According to the data, the 7-day simple moving average of long liquidations on Binance climbed to roughly 9,000 ETH on February 6, 2026. Because this figure represents a smoothed weekly average rather than a single-day spike, it signals sustained pressure rather than a brief liquidation cascade. This pattern implies that leveraged long positions have been unwound gradually over several days. Pointing to persistent deleveraging rather than a sudden capitulation event. Historically, extended liquidation phases can reset market leverage and reduce speculative excess, though they also tend to coincide with fragile sentiment. Whether this process ultimately stabilizes Ethereum or leads to further downside remains dependent on liquidity conditions and broader market demand. Sustained Liquidations Signal Derivatives Market Reset The CryptoQuant report further notes that Ethereum’s decline from the $3,000 region to the $2,000 range did not trigger any capitulation events. Instead, the market experienced a prolonged sequence of margin calls, with leveraged long positions gradually unwound over several consecutive days. This pattern reflects persistent stress in the derivatives market rather than a short-lived liquidation cascade. Indicating that traders faced sustained pressure as the price trended lower. From a historical standpoint, the intensity and duration of this liquidation phase appear to exceed those recorded during major capitulation periods of the 2022 bear market. Such extended liquidation activity typically signals a broad deleveraging cycle, where excessive speculative positioning is systematically cleared. This process often reshapes market structure by reducing leverage-driven volatility and restoring a more balanced risk environment. The implication is that Ethereum may have already undergone a significant leverage reset in recent weeks. Persistently elevated liquidation averages can sometimes precede seller exhaustion. Weaker market participants exit positions, and forced selling pressure gradually subsides. The durability of any recovery will likely depend on renewed spot demand and macro liquidity conditions. Also, investor confidence must return following this extended period of derivatives-driven stress. Related Reading: Long-Term Ethereum Holders Expand Positions While Market Faces Pressure: Rare Signal Emerges Ethereum Tests Long-Term Support: Weekly Structure Weakens Ethereum’s weekly chart shows increasing structural pressure after the loss of the $2,000 level, a threshold that previously acted as both psychological support and a key technical pivot. The recent breakdown places ETH below major trend-defining moving averages, suggesting weakening bullish momentum and a shift toward a more defensive market environment. Price action reflects a clear rejection from the $3,000 region earlier in the cycle. Followed by a sequence of lower highs that typically characterizes transitional or corrective phases. The latest decline also coincides with rising trading volume, often associated with distribution or leveraged position unwinding rather than organic accumulation. This dynamic reinforces the perception of ongoing market stress rather than stabilization. Related Reading: Bitcoin Drop Wipes Billions From Recent Buyers: New Whale Cost Basis Falls Toward $90K From a structural standpoint, the next meaningful support area appears around the mid-$1,500 to $1,700 zone, where previous consolidation and demand emerged in earlier phases. Holding above this range would help preserve the broader long-term bullish framework, even amid current weakness. A sustained break below it, however, could shift sentiment toward a deeper corrective cycle. Ethereum remains sensitive to macro liquidity conditions, derivatives positioning, and overall crypto market sentiment, with recovery dependent on renewed spot demand and stabilization above key technical levels. Featured image from ChatGPT, chart from TradingView.com
Bitcoin has seen record realized losses in one of the cryptocurrency’s largest-ever capitulation events as short-term holders sold at steep losses amid its decline.
Ethereum price started a fresh decline and traded below $1,980. ETH is now consolidating and remain at risk of another decline below $1,920. Ethereum struggled to extend gains above $2,000 and corrected lower. The price is trading below $1,980 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Remains In The Red Ethereum price failed to stay above $2,000 and started a fresh decline, like Bitcoin. ETH price traded below the $1,980 and $1,960 levels to enter a bearish zone. The pair dipped below the 50% Fib retracement level of the upward move from the $1,745 swing low to the $2,168 high. The bears even pushed the price toward the $1,900 support. Besides, there is a bearish trend line forming with resistance at $1,960 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,980 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,920, the price could attempt another increase. Immediate resistance is seen near the $1,960 level and the trend line. The first key resistance is near the $2,000 level. The next major resistance is near the $2,050 level. A clear move above the $2,050 resistance might send the price toward the $2,150 resistance. An upside break above the $2,150 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,250 resistance zone or even $2,280 in the near term. Downside Extension In ETH? If Ethereum fails to clear the $1,960 resistance, it could start a fresh decline. Initial support on the downside is near the $1,920 level. The first major support sits near the $1,900 zone or the 61.8% Fib retracement level of the upward move from the $1,745 swing low to the $2,168 high. A clear move below the $1,900 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 $1,750. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,900 Major Resistance Level – $2,000
Al Green is running against Christian Menefee in the Democratic Party primary elections next month, with Texas one of the first states to vote.
Bitcoin price failed to stay above $68,800 and started another decline. BTC is now trading below $67,500 and might extend losses in the near term. Bitcoin is slowly moving lower below $68,000 and $67,500. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $66,000 and $65,000 levels. Bitcoin Price Dips Further Bitcoin price failed to remain stable above the $68,800 zone. BTC started a fresh decline and traded below the $68,000 support zone. There was a push below $67,000. The price dipped below the 50% Fib retracement level of the upward move from the $60,500 swing low to the $72,255 high. The bears even pushed the price below $65,500. Besides, there is a bearish trend line forming with resistance at $67,500 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $67,000 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 $67,500 level and the trend line. The first key resistance is near the $68,000 level. A close above the $68,000 resistance might send the price further higher. In the stated case, the price could rise and test the $69,200 resistance. Any more gains might send the price toward the $70,500 level. The next barrier for the bulls could be $72,000 and $72,500. More Losses In BTC? If Bitcoin fails to rise above the $68,000 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 or the 61.8% Fib retracement level of the upward move from the $60,500 swing low to the $72,255 high. The next support is now near the $62,750 zone. Any more losses might send the price toward the $61,200 support in the near term. The main support now sits at $60,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $66,000, followed by $65,000. Major Resistance Levels – $67,500 and $68,000.
CFTC chair Mike Selig launched the Innovation Advisory Committee in January, nominating 12 members as charter members before expanding the final list to 35 on Thursday.
Ethereum is attempting to stabilize after its recent pullback, but the recovery so far lacks convincing strength. With price rejecting key levels and higher-timeframe risks still looming, ETH finds itself at a critical decision point where the next structural move could define the short-term trend. No 5-Wave Breakout, No Confirmation For Ethereum Yet Ethereum continues to trade in a technically vulnerable zone. According to More Crypto Online, until the market prints a clear five-wave impulsive structure to the upside, or at a minimum breaks decisively above the weekend high, the probability of further downside under the outlined “orange scenario” remains elevated. Without that confirmation, the broader risk profile has not materially improved. Related Reading: Ethereum Libra Formation In Play: ETH’s Next Big Move Could Be Loading The bounce from last week’s low, while noticeable, still carries a weak and corrective appearance. Momentum has not expanded in a way that would typically signal the start of a sustainable bullish reversal. Instead, the structure so far suggests a potential counter-trend move within a larger bearish or sideways framework. That said, the current area on the chart is technically significant. Following the recent liquidation-driven decline, the price has reached a zone where markets often attempt to stabilize. Sharp flushes can sometimes mark exhaustion points, making it reasonable to stay alert for early reversal signals, particularly if sentiment has become overly pessimistic. However, as More Crypto Online emphasizes, anticipation is not confirmation. The micro-structure now becomes critical. Only a shift toward impulsive upside behavior or a clear break of key resistance levels would validate a meaningful low. $2,100 Rejection Signals Resistance Flip Charting the daily timeframe for Ethereum, Luca, a market expert and investor, noted that while price has managed to bounce on the lower timeframes, the recovery has already faced rejection at a key former support zone around $2,100, highlighted in purple. This level previously acted as support but was lost during the recent decline, turning it into resistance on the way back up. Related Reading: Ethereum Price Closes Sub-$2,000 Support As Crypto Rout Intensifies The inability to reclaim that range signals that upside momentum remains fragile. Until Ethereum can decisively flip the $2,100 area back into support, Luca believes the structure continues to favor caution rather than calling for a confirmed bottom. As a result, the more probable path in his view is a continuation lower toward the higher-timeframe support zone marked in green. That area aligns with the early-April bottoming formation and could provide a stronger foundation for a more sustainable bullish reversal attempt. Given this outlook, Luca explained that he is maintaining hedges on lower timeframes to manage downside exposure. Until clear strength emerges and key levels are reclaimed, protecting capital remains the priority. Featured image from Getty Images, chart from Tradingview.com
The CFTC has brought in leading crypto executives to its advisory panel as lawmakers weigh how new rules should govern digital-asset markets.
Ethereum is increasingly positioning itself at the intersection of blockchain and artificial intelligence (AI), with growing discussions around its potential to become the default network for AI development. As AI systems demand secure data verification, ETH’s programmable smart contracts and robust ecosystem offer a compelling foundation. Its ability to provide trustless execution, decentralized data markets, and verifiable computation could address some of the biggest challenges facing modern AI. Why Ethereum’s Cryptographic Advantage In AI Development Ethereum co-founder Vitalik Buterin has outlined a clear vision for positioning ETH as the leading platform for artificial intelligence development. According to BSCN’s recent post, Vitalik has argued on X that ETH should lead AI innovation rather than copying others by focusing on zero-knowledge (ZK) privacy payments and reputation systems. Related Reading: Vitalik Reframes Ethereum L2 Strategy as ETF Inflows Return and Mainnet Scaling Accelerates In response to comments from ETH’s AI leadership post, Vitalik urged developers to consider building a fundamentally better solution rather than merely rebranding existing concepts. Vitalik emphasized that developers should do something fundamentally better by combining technology improvement in ZK, a privacy-preserving payments system, and on-chain reputation. If executed correctly, this approach could position ETH as the default platform for next-generation AI development with meaningful technology improvements. Ethereum has taken a major step toward building the foundation for autonomous AI systems, with 13,000 AI agents registered on the network in a single day, followed by the launch of ERC-8004, which went live on mainnet. Crypto analyst Teng Yan noted that the new standard allows AI agents to establish portable on-chain identities and build verifiable trust layers. However, the surge was mostly coordinated bulk onboarding, and most of the newly registered AI agents have claimed identities but are not yet active, which is normal for early infrastructure development. The real signal will emerge as reputation updates that are climbing. Recursion As Both A Scaling Tool And A Security Risk The Ethereum Foundation is releasing detailed requirements for the zero-knowledge virtual machine (zkVM) architecture whitepaper, a document to be delivered in three milestones. The Founder of ABDK Consulting, Dmitry Khovratovich, emphasized that modern zkVMs are not monolithic circuits. Instead, they consist of multiple interconnected components, including segmentation, buses, memory structures, and recursion. Related Reading: SEAL and Ethereum Foundation Partner to Combat Wallet Drainers: Security-First Investors Switch to $BMIC Each component may be secure on its own, but the overall reliability of this system-level security depends on how they interact and function together. As a result, the whitepaper will address both architectural details and the broader security arguments supporting the recursive proof structure. The Ethereum Foundation expects the final version of the documentation to be completed by December 2026 alongside the release of zkVM proofs, which are projected to be approximately 300 kilobytes (KB) in size while maintaining a 128-bit provable security level. Featured image from Getty Images, chart from Tradingview.com
The prediction sharpens a debate inside boardrooms over how fast AI could upend high-paid office work and whether companies are prepared.
CFTC Chair Selig said the IAC will help shape the watchdog's oversight of "breakthrough" technologies like AI and blockchain.
Elmin Redzepagic allegedly posed as a "cryptocurrency investor who earned high rates of return" to defraud his investors.
Microsoft researchers said some companies are hiding promotional instructions in "Summarize with AI" buttons, poisoning chatbot memories to influence future recommendations.