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,…
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 (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…
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,…
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…
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 (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…
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…
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…
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…