Coinbase’s vice president of tax, Lawrence Zlatkin, testified before the House Ways and Means Committee on June 9, asking lawmakers to stop requiring Americans to calculate capital gains every time they spend a stablecoin or pay a blockchain transaction fee. His testimony came during a hearing on six standalone bills aimed at updating how the […]
On-chain analytics firm Glassnode has reported a sharp deterioration in key XRP network metrics, pointing to weakening activity and mounting pressure on holders. Recent data shows both transaction demand and realized profitability have fallen significantly despite the token trading well above its 2024 levels. The decline in holder profitability is particularly evident in Glassnode’s latest […]
The “crowd has written off Ethereum,” reported Santiment on Tuesday. However, this makes the probability of a rebound “substantially higher,” it added. The onchain analytics platform said that Ethereum’s social sentiment has fallen into an “extreme fear zone” as traders react to months of underperformance relative to Bitcoin and many other altcoins. The recent selloff […]
Anthropic is reportedly set to release a public version of its Mythos AI model, and crypto analyst The DeFi Investor is urging decentralized finance users to act before that happens. The concern is based on how good Mythos is at finding software vulnerabilities, and a version of it becoming widely accessible could accelerate the speed […]
Sahara AI’s SAHARA token crashed by roughly 60% on June 9, triggering over $23 million in liquidations. The incident caused speculation across crypto markets, especially since it happened right around the time another protocol, Humanity, reported a breach that cost it $30 million and led to its native H token losing nearly 90% of its […]
Dogecoin (DOGE) has gained a modest 2% on Monday, hovering near $0.086, right above a major support zone. But new fresh analysis shows that the OG meme coin is at a critical structural inflection point. Long-term technical patterns and on-chain data point to a strong demand area that has historically supported major macro moves. Demand […]
The XRP Ledger (XRPL) is set to activate version 3.2.0 of its core server software on June 15. While the update does not introduce major user-facing features, it includes several changes aimed at improving the network’s long-term operation. Among the most notable is the renaming of the server software from “rippled” to “xrpld,” a move […]
“Is Bitcoin flashing bear market continuation, or an early bull market reset?” asked Fidelity Digital Assets on Tuesday. The asset manager noted that BTC has been in a death cross for more than 200 days, with the price briefly breaking below the 200-week moving average over the weekend. “Notably, sustained breaks below this level have […]
Bitcoin (BTC) staged a late Sunday rebound following several days of downward price action, though signs suggest the market has not reached a true recovery. Doctor Profit believes the crypto asset has moved into Stage 5 of his six-stage bear market framework, a period marked by intense emotional pressure. Biggest Bear Market Trap According to […]
On June 8, technical analyst ChartNerd shared an XRP cycle breakdown, making the case that the current bear market has been shallower and potentially shorter than previous ones. Additionally, he said there’s a chance for a cycle bottom before the end of 2026 that could allow the Ripple token to eventually reach $27. What the […]