Author: Kryptonews
Ethereum is trading around $1,937, down roughly 1% on the day, as the market consolidates following a sharp early-February sell-off. Summary Ethereum is trading near $1,937, consolidating below the key $2,000 level after a sharp early-February sell-off, with the broader trend still bearish on the daily chart. ETHZilla has launched the first tradable tokenized aviation asset on Ethereum, backed by jet engines leased to a major U.S. airline, expanding the network’s real-world asset (RWA) footprint. Technical indicators show ETH below its 50-day SMA near $2,799, with support at $1,900 and $1,800, while resistance stands at $2,000 and $2,200. The price…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s network dynamics are shifting in a way that could reshape its market structure. On-chain data shows that roughly 30% of all Ethereum (ETH) supply is now locked in staking contracts, marking a record high for the protocol’s proof-of-stake ecosystem. Related Reading: Bitcoin Is ‘No Longer Digital Gold,’ Deutsche Bank Strategist Says Even as ETH prices have struggled, trading below the $2,000 level in recent sessions, activity around staking continues to rise. According to analytics data, about 36.6 million ETH is currently staked, meaning a significant portion…
Bonhams has a new front door in New York, and it is not subtle. This week, the 232-year-old auction house opened its new U.S. headquarters at 111 West 57th Street, inside the restored Steinway Hall and beneath the pencil-thin tower that now looms over Billionaires’ Row. The move shifts Bonhams from its longtime Madison Avenue base into a 42,000 square foot space that feels more like a cultural center than a back-office salesroom. The building does much of the talking. Visitors enter through an 80-foot glass atrium that opens onto a grand staircase, a triple-height gallery, and two sizable auction…
Binance announced on February 12 that it has completed the integration of Ripple USD (RLUSD) on the XRP Ledger and has opened deposits for users, marking a notable expansion of the stablecoin’s on-chain rails. The exchange said deposits are available immediately, while withdrawals will remain paused until there is “sufficient liquidity” on the network to support safe outbound flows, a cautious approach designed to avoid congestion or failed transactions during the early days of the integration. Users were directed to their assigned deposit addresses on the platform and to the token’s contract details on the XRP Ledger for technical verification…
Fresh data from Glassnode says Bitcoin (BTC) may be in for another “prolonged phase of range-bound” price action if key support levels are not reclaimed.Key takeaways:Bitcoin is stuck between key cost-basis levels, predicting 2022-type consolidation unless key support levels are reclaimed.Bitcoin price needs to take out the resistance at $72,000 to break out of consolidation.Bitcoin faces overhead supply challengesIn the Wednesday edition of its regular newsletter, The Week On-chain, onchain data provider Glassnode confirmed key supply zones constraining upside follow-through and “creating overhead resistance potential during relief rallies.”The BTC/USD pair is trading within a new range defined by the True…
The crypto industry’s campaign-finance arm, Fairshake, has begun rolling out its campaign strategies in its well-funded effort to pack Congress with lawmakers ready to pass friendly digital assets policy, and Democratic Representative Al Green is the first lawmaker on its hit list.An affiliate of the Fairshake political action committee, which has begun deploying its $193 million war chest on this year’s congressional midterm elections, said it will spend $1.5 million on advertisements opposing Green’s primary campaign.The critical Texas lawmaker has often noted potential hazards posed by cryptocurrencies to the U.S. financial system and to investors, co-sponsored a bill seeking to…
Israeli authorities have arrested and indicted two people for allegedly using secret information to place bets on the predictions market Polymarket related to Israel striking Iran.In a joint statement on Thursday, Israel’s Defense Ministry, its internal security service Shin Bet, and police said a military reservist and a civilian were arrested after an investigation found that the reservist obtained classified information to place the bets.The prosecutor’s office will pursue criminal charges for security-related offenses, bribery, and obstruction of justice. Authorities said the reservist was working for Shin Bet.Prediction markets have seen major insider trading scandals this year after a Polymarket…
Crypto treasury company ETHZilla has launched a token offering access to equity in jet engines that the company acquired last month as part of its pivot into tokenized assets.ETHZilla said on Thursday that the token, called Eurus Aero Token I, was being launched through its new subsidiary, ETHZilla Aerospace, and is backed by two commercial jet engines that are leased to “a leading US air carrier.”The company has priced each token at $100, with a minimum purchase of 10 tokens. ETHZilla said its tarageting an 11% return rate based on holding it for the full term of the engine leases…
Bitcoin BTC $66 544 24h volatility: 1.4% Market cap: $1.33 T Vol. 24h: $47.93 B and the broader crypto market are bracing for potential volatility as traders await the delayed January US inflation data, with the Consumer Price Index (CPI) report now scheduled for release this week. BTC hovers near $68K, struggling to establish a solid floor after a correction triggered by evolving macroeconomic expectations. FED RATE CUTS STILL LIKELY—BUT NO RUSH: UBS Easing U.S. inflation should keep the Federal Reserve on track for rate cuts despite strong jobs data, UBS Global Wealth Management says. It expects two 25-basis-point cuts…
Crypto flows to suspected human trafficking networks increased by 85% over 2025, but crypto analytics company Chainalysis said blockchain’s transparency could help disrupt the operations.Chainalysis said in a report on Thursday that the total transaction volume to suspected trafficking networks, largely based in Southeast Asia, reached “hundreds of millions of dollars across identified services.” It added that the services are “closely aligned” to scam compounds, online casinos, and Chinese-language money-laundering networks, which have recently grown in popularity.Chainalysis said the crypto-facilitated human trafficking it tracked included Telegram-based services for international escorts, labor placement agents that kidnap and force people to work at…
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