Ethereum’s explosive breakout has shifted the broader structure decisively in favor of buyers, but the rally has now encountered a major resistance zone. With ETH pulling back after reaching roughly $2.55K, the market appears to be entering a corrective phase following the highly impulsive advance. ETH Price Analysis: The Daily Chart On the daily timeframe,…
Robert Kiyosaki renewed his call to buy Bitcoin on Aug. 22, arguing that financially educated investors use scarce assets to protect their wealth from inflation and a weakening U.S. dollar. Summary Kiyosaki urged investors to buy Bitcoin, gold, silver, and selected real estate as dollar hedges. Treasury is doubling long-dated buyback limits to at least…
Bitwise CIO warned that crypto investors may be focusing too narrowly on today’s market while missing where the industry could go next. Crypto investors may be underestimating where the industry is heading, according to Bitwise Chief Investment Officer Matt Hougan, who has pointed to three mistakes he sees in the market right now. In…
Term Labs confirmed on Aug. 23 that a governance exploit had affected its lending vaults. Blockchain security firms estimated that the attacker extracted approximately $8.5 million in cryptocurrency. Summary Term Labs confirmed a governance exploit affected its vaults while investigators assessed the full damage. CertiK estimated losses near $8.5 million, but Term Labs has not…
Tax warnings surged across Britain as HMRC targets crypto gains. HM Revenue and Customs (HMRC) has significantly increased its scrutiny of UK crypto users during the 2025-2026 financial year. The tax authority reportedly sent more than 81,000 warning letters to holders it suspects may have unpaid tax, the BBC reported after reviewing a freedom…
Onchain investigator ZachXBT said he may automatically reject future requests from crypto victims in seven jurisdictions. Summary ZachXBT said he may automatically reject future victim requests originating from seven named jurisdictions worldwide. Canada, the UK, India, Nigeria, Morocco, Algeria and Bangladesh appeared on his stated list publicly. His planned website would restrict access from jurisdictions…
The Blockchain Association and Crypto Council for Innovation sued Illinois on Aug. 21 to block a 0.2% digital asset tax scheduled to take effect on Jan. 1, 2027. Summary Two industry groups sued Illinois to block its 0.2% digital asset tax before implementation begins. The tax takes effect January 1, 2027, covering specified exchanges, transfers…
Cardano would need to more than triple from here just to get back to where it traded last autumn. A Meta AI price prediction says that round trip is on the table, and the model predicts $0.68 as its base case for the end of 2026. The wider range runs $0.55 to $0.85. Everything depends…
Kalshi has blocked customers in Washington while asking a King County judge to reconsider an injunction restricting its prediction markets. Summary Washington requires Kalshi to block residents from seven event-contract categories under an amended preliminary injunction. Kalshi requested reconsideration after Washington agreed to delay enforcement against federally regulated competitor OG temporarily. September 2 is the…
Unlike the BTC and ETH ETF inflows, Friday was actually the best day for the XRP ETFs. The winds have changed in the cryptocurrency markets, and this is particularly evident in the exchange-traded funds tracking several assets, such as Ripple’s native token. Although they were mostly in the green, the spot XRP ETFs struggled…
