ETH ETF Outflows Top $242M Despite Ether Holding $2K

Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions. Key takeaways: Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds.  High interest rates and rising ETH supply make the current staking yield less attractive for long-term holders. Ether (ETH) price has failed to sustain levels above $2,150 since Feb. 5, leading traders to fear a further correction. Investor sentiment deteriorated following outflows from Ether exchange-traded funds (ETFs) and increased demand for…

Peter Van Valkenburgh: Crypto’s regulatory landscape mirrors unregulated sports betting, the Blockchain Regulatory Certainty Act clarifies crypto jurisdiction, and why decentralized systems are essential for AI development

New regulations could reshape the crypto landscape, balancing innovation with necessary oversight. Key takeaways The current state of crypto is compared to unregulated online sports betting, highlighting a disconnect between its intended purpose and reality. Coin Center is dedicated to protecting the development of free and open-source software in the crypto space. Common sense regulation is needed for trusted entities in crypto, but not for software development. AI development should utilize decentralized systems for better ownership and reward mechanisms. Legal standards for crypto and AI code distribution will likely align…

Trump media platform Truth Social expands crypto push with Cronos and Bitcoin-Ether ETF filings

Truth Social has filed with the U.S. Securities and Exchange Commission (SEC) for two new crypto exchange-traded funds (ETFs): the Truth Social Cronos Yield Maximizer ETF and the Truth Social Bitcoin and Ether ETF. The Truth Social Cronos Yield Maximizer ETF is designed to track performance of Cronos (CRO), the native token of the Cronos blockchain, plus yield generated from staking CRO. The Truth Social Bitcoin and Ether ETF targets combined exposure to Bitcoin and Ether, including staking rewards on Ether. Both funds are proposed to carry a 0.95 percent…

Banks Should Embrace Stablecoin Yield in CLARITY Act: White House Adviser

Crypto companies and platforms that provide stablecoin rewards have become a major point of contention in the CLARITY crypto market structure bill. The banking industry should not be threatened by crypto companies offering stablecoin yield to customers, and both sides must compromise on the issue, according to White House crypto adviser Patrick Witt. Witt said it was “unfortunate” that the issue of stablecoin yield has become a major point of contention between the crypto industry and banks, adding that crypto service providers sharing yield with customers does not threaten the…

Tether invests in Dreamcash to expand USDT0 powered equity perpetuals on Hyperliquid

Tether is investing in the parent company behind Dreamcash, a mobile interface built for Hyperliquid, marking its latest push to expand stablecoin backed trading infrastructure into onchain equity and commodity markets. The investment follows the launch of the first HIP-3 perpetual markets collateralized with USDT0, introduced through a collaboration between Tether, Dreamcash and Selini Capital. The live lineup includes perpetual contracts tied to the S&P 500 index, commodities such as gold and silver, and single stock exposure including Tesla, Nvidia, Google, Amazon, Meta, Robinhood, Intel, and Microsoft, all settled in…

Is A Short Squeeze Next?

Ether (ETH) traded back above $2,000 on Friday, and its gains extended after the US Consumer Price Index (CPI) print came in cooler than expected. The recovery put ETH/USD on track for its first bullish weekly candle close since mid-January, fueling speculation for a rally toward $2,500.  Key takeaways: Ether futures’ open interest fell by 80 million ETH in 30 days, and funding rates hit three-year lows, indicating a weakening bearish trend. ETH price has established strong support around $2,000, a level that must hold to secure the recovery.  ETH/USD…

Is Bitcoin Trading Like a Tech Stock?

Bitcoin (BTC) was once pitched as digital gold — a hedge against monetary instability and market turmoil. But recent price action tells a different story. As institutional participation has grown, particularly through exchange-traded funds and other traditional vehicles, Bitcoin has increasingly traded in lockstep with risk assets. The latest downturn in software stocks, fueled by renewed uncertainty around AI’s impact on the sector, has been mirrored in crypto markets, raising fresh questions about Bitcoin’s evolving identity. That changing dynamic sets the tone for this week’s Crypto Biz. New research from…

Bitcoin, Altcoin Relief Rally Aim To Restore Pre-crash Range Highs

Key points: Bitcoin is attempting a comeback, which is expected to face stiff resistance at the breakdown level of $74,508. Several major altcoins are attempting a recovery, signaling that lower levels are attracting buyers. Bitcoin (BTC) has risen above $68,500, as buyers attempt to form a higher low near $65,000. According to Glassnode, BTC is stuck between the true market mean at $79,200 and the realized price near $55,000. The on-chain data provider expects the range-bound action to continue until a major catalyst either pushes the price above or below…

Netherlands Lower Chamber Passes 36% Tax Proposal Before Passing to Senate

The Netherlands’ House of Representatives advanced a legislative proposal on Thursday to introduce a 36% capital gains tax on savings and most liquid investments, including cryptocurrencies. The legislation reached the 75-vote threshold required to advance, with 93 lawmakers voting in favor of it, according to the House tally. Under the proposal, savings accounts, cryptocurrencies, most equity investments and gains made from interest-bearing financial instruments are subject to the tax, whether or not the assets are sold. The vote tally for the 36% capital gains tax bill. Source: Dutch House of…

Bitcoin Pushes Above $69K as Retail Bulls Show Intent

Bitcoin (BTC) rallied to $69,482 on Friday, and the rally coincided with data showing steady accumulation from smaller-sized holders in February. Analysts say the breakout may evolve into a broader bullish trend, although other data suggest that a longer period of price consolidation will underlie the emerging bull trend. Key takeaways: BTC broke above the $69,000 resistance and its descending channel, triggering $92 million in short liquidations within four hours. Small wallets added $613 million in February, while the whale wallets stalled with $4.5B billion in outflows. Short-term holder profit-ratio…