Bitcoin price started a steady increase above the $72,000 zone. BTC is now consolidating and might aim for more gains if it clears $73,000. Bitcoin started a decent upward move above the $72,000 zone. The price is trading above $71,200 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $71,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to rise if it clears the $73,000 and $74,000 levels. Bitcoin Price Regains Pace Bitcoin price…
Category: Other Crypto News
US Stablecoin Yield Ban May See Others Step Up: Ledger Exec
A block on stablecoin yield payments in the US will likely prompt other countries to step up and offer the option, according to Takatoshi Shibayama, Asia-Pacific lead at crypto wallet company Ledger. Shibayama told Cointelegraph that if a wider ban on stablecoin yields is enacted in the US, it “definitely opens up a conversation” between institutions, stablecoin issuers and regulators overseas about how to respond. He said countries such as Australia have given stablecoin issuers a regulatory carve-out, but most stablecoins, even outside of the US, are “not providing yields…
Bitcoin Resilience Study Reveals Targeted Attack Risk
Nearly three-quarters of all undersea fiber-optic internet cables (which carry about 99% of international internet traffic) would need to fail for there to be a significant impact on Bitcoin, according to a study released earlier this year. In research first published in February and last revised on March 12, researchers Wenbin Wu and Alexander Neumueller from the Cambridge Centre for Alternative Finance said they used P2P network data from 2014 to 2025 and 68 verified cable fault events to apply a country-level cascade model to determine Bitcoin’s physical infrastructure resilience.…
BlockFills Files for Chapter 11 Bankruptcy in US
BlockFills has filed for Chapter 11 bankruptcy in the US after suspending deposits and withdrawals last month, citing poor crypto market conditions. Crypto lending platform BlockFills has filed for bankruptcy in the US after the company halted customer deposits and withdrawals last month. Reliz LTD, BlockFills’ operating company, along with three other related companies, filed for Chapter 11 bankruptcy in a Delaware bankruptcy court in a bid to restructure the firm. BlockFills said in a statement that filing for bankruptcy came after ”extensive discussions with investors, clients, creditors, and other stakeholders,” and the…
Aave to Roll Out Aave Shield After $50M User Loss Incident
Decentralized finance protocol Aave said it is introducing a new feature to block swaps with a price impact above 25% after a user lost $50 million in a trade while interacting with Aave’s interface last week. “We are soon deploying a new feature, Aave Shield, which provides more protections for users who use the swap feature in the Aave interface aave.com,” Aave said in a post-mortem statement on Saturday. Aave said users would need to manually disable the Aave Shield protection feature to proceed with high-risk trades. The incident occurred…
CLARITY Bill Takes the Decentralization out of Crypto — Crypto Exec
The regulatory provisions outlined in the US Digital Asset Market Structure Clarity Act, otherwise known as the CLARITY Act, threaten to give large financial institutions control over crypto, according to Dr. Friederike Ernst, co-founder of the Gnosis blockchain protocol. Regulations in the CLARITY crypto market structure bill assume that activity must pass through centralized intermediaries, which risks consolidating crypto rails in the hands of a few entrenched players, Ernst told Cointelegraph. The preface of the CLARITY crypto market structure bill. Source: United States Congress “Blockchain’s real breakthrough was not just…
XRP Faces Systematic Rigging, Major Holder Says
A prominent XRP holder is calling out what he says is a deliberate and recurring scheme to push the token’s price up before US markets open — then drive it back down once trading begins. Related Reading The claim has split the XRP community between those who see a coordinated attack and those who say the data points to something far more routine. A Chart, A Pattern, And A Name For It The community figure at the center of the debate goes by Arthur online. He posted a historical price…
Venus Protocol Hit by Code Exploit, Causing Over $3.7 Million In Losses
Venus Protocol, a decentralized lending and borrowing platform, said on Sunday it had detected suspicious trading activity in the liquidity pool for the Thena (THE) token, the native cryptocurrency of the Thena decentralized finance platform. The unusual trading activity only affected pools for the Cake (CAKE) token, the native cryptocurrency of the PancakeSwap decentralized exchange, and the Thena token, according to an announcement from Venus Protocol. The Venus team said: “As we continue to investigate the unusual activity in the THE pool, we are taking precautionary action by pausing all…
XRP Ledger Transactions Triples In One Year. What’s Going On?
Daily transaction volume on the XRP Ledger has surged to almost 3 million as of this week, a near-tripling of the approximately 1 million transactions recorded per day in mid-2025, according to data published by Evernorth, the largest public XRP treasury company. XRP Ledger Activity At Record Levels Recent data shows the XRP Ledger is now processing almost 3 million transactions daily, making it one of the busiest periods in the network’s history. The increase places current activity far above levels recorded earlier in the cycle, especially in the mid-2025…
Bitcoin Whales Scoop Up BTC At $71K
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…