Bitcoin dropped back toward its lowest levels in several weeks after a rebound fizzled at $116,000, while an infamous whale stayed short BTC. Key points: Bitcoin gives up on its bull-market rebound as sellers stay firmly in control. The infamous Bitcoin whale, who shorted BTC last week, continues to add to its BTC price downside bet. Read more
Ether price could retest the $3,800 level, but traders said Ethereum's native token was preparing for a breakout to new highs, with $10,000 in sight. Key takeaways: Ether price dropped 8% to $3,940 on Tuesday, triggering $115 million in long ETH liquidations. A bull flag on the weekly chart suggests a $10,000 target, but bulls must hold $3,800 first. Read more
After BNB Chain’s X hack, meme token “4” surged from $3K to $2M following CZ’s mention. We break down the timeline and key risks. CZ’s mention turned meme token “4” into a trade; one early buyer saw $3,000 grow to $2 million. The trigger was the hack of BNB Chain’s X account, which spawned “4.” The surge came from flow hitting thin liquidity, not fundamentals. Read more
Bitcoin’s energy-based economic model is set to benefit from the fiat “debasement” needed to fund the global arms race for developing the most advanced AI models. Billionaire entrepreneur and Tesla CEO Elon Musk touted Bitcoin’s ability to protect investors from fiat money printing, which may increase due to what analysts call a forthcoming government-funded race to develop artificial intelligence. Musk has praised Bitcoin’s (BTC) energy-based proof-of-work model for its inflation-proof mechanism, which is immune to governmental fiat currency printing as it is “impossible to fake energy.” “That is why Bitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy,” Musk wrote in a Tuesday X post. Read more
The crypto framework law in the Senate is now on pause as lawmakers debate possible new amendments. Senate Democrats submitted a counterproposal to the crypto framework bill last week. Industry advocates are concerned that this will stall progress on the legal clarity for the blockchain industry. The proposal, which has not yet been released publicly, would reportedly impose a number of rules for decentralized finance (DeFi) protocols. Among these is a supposed “restricted list” for DeFi protocols deemed too risky. Industry commenters are concerned that the measures are made in bad faith. Digital Chamber vice president of policy and government affairs Zunera Mazhar said that the law gives “sweeping authority, narrowly defines decentralization, and treats front ends like financial intermediaries.” Read more
Learn how DCA works in crypto: when to use it, key risks, fees, El Salvador’s example and how it compares to lump-sum investing and other strategies. DCA is a trading strategy that uses automated, small, regular buys to stay invested without trying to time every move. There’s a clear precedent for scalability: El Salvador has been publicly DCA’ing 1 BTC per day since Nov. 17, 2022. However, lump-sum investing often wins in uptrends — historically outperforming DCA about two-thirds of the time. Read more
DeFi protocols depend on a handful of oracle networks for critical pricing data, creating centralization risks that undermine decentralization promises. Opinion by: Will Fey, Co-Founder and Smart Contract Developer at Ammalgam We talk about oracles like they’re plumbing: an invisible utility that keeps prices flowing into protocols. Oracles are not neutral infrastructure. They’re dependencies. Over time, they’ve become political ones. DeFi is built on a promise: permissionless markets, composable systems and minimized trust. Read more
Researchers have uncovered a new Android vulnerability that allows malicious apps to reconstruct on-screen content, such as recovery phrases and two-factor authentication codes. A newly discovered Android vulnerability enables malicious applications to access content displayed by other apps, potentially compromising crypto wallet recovery phrases, two-factor authentication (2FA) codes and more. According to a recent research paper, the “Pixnapping” attack “bypasses all browser mitigations and can even steal secrets from non-browser apps.” This is possible by leveraging Android application programming interfaces (API) to calculate the content of a specific pixel displayed by a different application. This is not as simple as the malicious application requesting and accessing the display content of another application. Instead, it layers a stack of attacker-controlled, semi-transparent activities to mask all but a chosen pixel, then manipulates that pixel so its color dominates the frame. Read more