Category: News

Ethereum Faces $2.5B Long Liquidation Risk If ETH Dips Below $2,100

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Ether (ETH) traded lower on Thursday after a fresh knee-jerk reaction to yesterday’s US interest rate decision and a higher inflation outlook. Key takeaways: ETH dropped 7% to $2,100 on Thursday, liquidating $144 million in longs. A break below $2,000 could trigger over $2.5 billion in additional long liquidations across exchanges. The 50-day moving average around $2,100 is a key level to watch. Ether risks $2.5 billion long liquidations Data from TradingView showed 7% daily ETH price losses, with ETH/USD dropping as low as $2,140 on Thursday. ETH/USD 1-hour chart.…

Bitcoin ETFs See $164M Outflows As BTC Dips Below $71K

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US spot Bitcoin exchange-traded funds (ETFs) ended their inflow streak amid a BTC price dip after recording $1.2 billion of inflows over seven consecutive days. Spot Bitcoin (BTC) ETFs saw $163.5 million in outflows on Wednesday, according to Farside data. The Fidelity Wise Origin Bitcoin Fund (FBTC) led the outflows at about $104 million, followed by BlackRock’s iShares Bitcoin Trust ETF (IBIT) with $34 million. Daily spot Bitcoin ETF flows since March 6, 2026. Source: Farside.co.uk Before Wednesday’s $163.5 million outflows, the ETFs were roughly $100 million shy of positive…

Bitcoin OGs, Ancient Whales Sell Millions in BTC as Iran War Escalates

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Ancient Bitcoin holders moved tens of millions of dollars to exchanges as Bitcoin fell and energy prices jumped after attacks on Gulf oil and gas infrastructure deepened the conflict involving Iran, Israel and the United States. Ancient whale “bc1ql” sent 1,000 Bitcoin (BTC), worth around $71 million at current prices, to Binance on Wednesday, according to blockchain data platform Arkham. The whale initially bought 5,000 BTC 13 years ago and still holds about 1,500 BTC worth about $106 million, according to blockchain analytics platform Onchain Lens. The same day, one…

South Korea Opposition Party Proposes Scrapping Crypto Tax

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South Korea’s main opposition party has proposed scrapping a planned crypto tax ahead of its 2027 rollout, citing fairness, double taxation and enforcement concerns. According to a Thursday report by local media outlet eDaily, the conservative People Power Party (PPP) introduced a bill to amend the country’s Income Tax Act and remove provisions on digital asset income, aiming to abolish a planned tax on crypto asset gains ahead of its 2027 implementation. Under the upcoming rules, crypto gains exceeding 2.5 million Korean won will be subject to a 20% income…

Why Ethereum Developers Want ‘One-Click Staking’ for Institutions

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Key takeaways Ether staking has grown significantly, with nearly 1 million validators and around 30% of ETH staked. However, operational complexity continues to prevent many institutions from participating directly, despite the potential yield opportunity. Developers are working toward “one-click staking,” a simplified deployment model that allows institutions to run validators through automated, standardized systems without requiring deep technical expertise. A key enabler of this shift is DVT-lite, which allows multiple nodes to jointly manage a validator, improving fault tolerance while reducing setup complexity and minimizing risks such as slashing penalties.…

ECB Opens Work on ATM, Payments for Digital Euro

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The European Central Bank (ECB) is seeking industry experts to contribute to workstreams focused on how the digital euro central bank digital currency would function across ATMs, payment terminals and acceptance infrastructure.  In an announcement published Wednesday, the ECB opened applications for two workstreams under its Rulebook Development Group (RDG), covering implementation specifications for ATM and terminal providers, as well as certification and approval frameworks for payment solutions.  The initiative revolves around defining how a potential digital euro would integrate with existing payment systems and hardware, including support for offline…

OpenClaw Phishing Attack Targets Developers on GitHub

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Developers of OpenClaw, a popular open-source AI project, are being targeted by phishing attacks on GitHub with fake token rewards designed to lure users into connecting crypto wallets. Cybersecurity firm OX Security reported the scam on Wednesday and said it had found no victims so far. OpenClaw creator Peter Steinberger separately warned on X that any emails claiming association with the project are scams, urging users to only visit the official site. “We would never do that. The project is open source and non-commercial,” Steinberger said. According to OX Security,…

The Abundance That AI May Promise Is Not Free

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Opinion by: Merav Ozair, PhD, blockchain and AI senior advisor. Elon Musk and Peter Diamandis support the idea that “everything will be free.” They purport to believe that AI abundance will end poverty and provide a universal high income. Others in the mega tech ecosystem mention the coming abundance. Demis Hassabis, for example, says AI could spark a “renaissance” of “radical abundance.” Politicians at the World Economic Forum 2026 in Davos liked Musk’s vision. They were thrilled that their economic problems would soon be “set free.” This story is quite…

Retail ETF Frenzy Fueled Silver and Gold Boom and Bust

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Retail gold purchases have tripled over the last six months, while Wall Street selling has accelerated over the past four months, according to data from the Bank for International Settlements (BIS). “Retail-driven exuberance,” increasingly channeled through exchange-traded funds (ETFs), “set the stage for outsize moves,” continuing the precious metal rally from 2025, reported the BIS in a quarterly review released on Monday.  Since Q2 2025, retail investors have bought around $70 billion in gold ETFs, and these purchases have more than tripled over the last six months, observed the Kobeissi…

Canada Targeting Crypto Firms With Increased Regulatory Action

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Canada’s financial intelligence unit has revoked the registrations of 50 money services businesses (MSBs) so far this year, with 47 related to crypto, and the minister of finance says it will continue cracking down. Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) said on Monday that it took its most recent action, revoking 23 MSB registrations. Minister of Finance François-Philippe Champagne said in a statement on Tuesday that it’s part of the government’s latest effort to combat money laundering, with FINTRAC also “strengthening enforcement and increasing transparency on compliance actions.”…