Technical traders see a compression setup, with $1.39 as key support and $1.44 as near-term resistance that could open a move toward $1.50 to $1.62 if reclaimed.
House Democrats press Treasury on World Liberty bank charter and UAE stake
House Democrats are pressing Treasury Secretary Scott Bessent over World Liberty Financial’s push for a national trust bank charter, citing systemic risk. Democrats in the US House of Representatives are pressing Treasury Secretary Scott Bessent over how regulators are handling World Liberty Financial’s bid for a national trust bank charter to issue a dollar-backed token. […]
Tether USDT supply set for biggest monthly decline since 2022 FTX collapse
Tether’s USDT is nearing its largest monthly supply drop since the collapse of FTX, with whales and smart money traders continuing to reduce their USDT holdings. Tether’s USDT, the world’s largest US dollar-pegged stablecoin, is heading for its steepest monthly supply decline in years as big holders step up redemptions, according to blockchain data. The […]
Why Cryptocurrency Mining Isn’t the Fix Maine Needs for Its Energy Grid
Why Isn’t the Fix Maine Needs for Its Energy Grid In recent talks, some experts have suggested that Maine should use to help fix its struggling energy grid. The idea is simple: bring in big mining operations that use lots of power. In return, they pay taxes that could fund grid upgrades. Sounds good on […]
Federal Reserve Paper Reinforces Kalshi’s Value as Accurate Macroeconomic Prediction Tool
The post Federal Reserve Paper Reinforces Kalshi’s Value as Accurate Macroeconomic Prediction Tool appeared on BitcoinEthereumNews.com. The paper, which examined several prediction markets on the platform, concluded that Kalshi, as a regulated platform, provided a valid and accurate benchmark for macroeconomic figures, surpassing surveys and forecasts by providing data not available from other sources. Kalshi […]
Parsec Shuts Down Signals Extreme Market Anxiety as Market Cap Falls 50% Since October Crash
The post Parsec Shuts Down Signals Extreme Market Anxiety as Market Cap Falls 50% Since October Crash appeared on BitcoinEthereumNews.com. Parsec shut down as the crypto market remains in “extreme fear.” Bitcoin is still down nearly 47% from its peak, and several crypto firms have closed or filed for bankruptcy. Parsec, an AI-powered on-chain analytics […]
83% Of Crypto Slips Into Bear Trend
The post 83% Of Crypto Slips Into Bear Trend appeared on BitcoinEthereumNews.com. Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike […]
Sui ETFs just launched — and the volume is collapsing because nobody’s showing up
The post Sui ETFs just launched — and the volume is collapsing because nobody’s showing up appeared on BitcoinEthereumNews.com. Two spot Sui ETFs began trading in US markets on Feb. 18. Canary’s SUIS is listed on Nasdaq, while Grayscale’s GSUI appeared on NYSE Arca. Both products offer staking-enabled exposure to Sui, the layer-1 blockchain positioned […]
Ripple CEO Confirms White House Meeting between Crypto, Banking Reps
The post Ripple CEO Confirms White House Meeting between Crypto, Banking Reps appeared on BitcoinEthereumNews.com. Update (Feb. 19 at 7:21 pm UTC): This article has been updated to include a statement from the Crypto Council for Innovation. The White House has held another meeting between representatives from the cryptocurrency and banking industries on a market […]
Why Half Are Scared of the New IRS Rules for US Crypto Exchange
New IRS rules for US crypto exchange force automatic reporting of 2025 transactions through Form 1099-DA, but exchanges can’t report cost basis data. Over 50% of surveyed crypto holders fear penalties as they must manually patch missing acquisition costs using Form 8949.