Ethereum whale nets $9.87M profit as ETH snaps 8-day winning streak

Ether risks a correction to $3,000 as its daily chart flashes overbought signals similar to the setup that triggered a sell-off in May.

Ether risks a correction to $3,000 as its daily chart flashes overbought signals similar to the setup that triggered a sell-off in May.
Sony is making strides to enter the crypto banking sector via its monetary arm, Sony Bank, because the Japanese group has just lately submitted an application to US regulators for a nationwide banking constitution through its subsidiary, Connectia Trust. This transfer signifies Sony’s intent to have interaction in varied cryptocurrency-related actions, which embody the issuance…
Citadel Securities has urged the U.S. Securities and Exchange Commission to proceed cautiously with any initiatives that would accelerate the adoption of tokenized securities, warning that a hasty approach could disrupt existing capital markets and marginalize institutional investors. The market-making giant submitted its recommendations in a formal letter to the SEC’s Crypto Task Force, arguing…
World Liberty Financial’s Trump-linked WLFI token plunged in worth after a high-profile debut, prompting its backers to suggest an aggressive buyback-and-burn plan to regular the market. According to trading data and market experiences, the token briefly traded above $0.30 at launch earlier than falling as a lot as 15%–30% and settling round $0.21–$0.24 within the…
Jito Labs published a proposal for a Block Assembly Marketplace (BAM) on July 21, a transaction-sequencing system that would enable developers to run central-limit order books, perpetual exchanges, and dark pools on Solana without altering the base protocol. The design introduces a network of BAM Nodes that sit beside the existing validator set, order encrypted…
Spot Ethereum ETFs had their 20th straight day of net inflows as of July 31, the longest streak of positive flows since their debut. According to data from SoSoValue, these funds attracted a combined $17 million in net inflows on the day. This sustained momentum has pushed total inflows across the nine spot ETH ETFs…
California Governor Gavin Newsom signed SB 822 into regulation on Oct. 11, making it the primary state within the US to forestall the forced liquidation of unclaimed crypto. The statute updates California’s Unclaimed Property Law to require that dormant crypto turned over to the state be held as crypto, not routinely transformed to money. The…