Author: Crypto Editor
As I write this, Bitcoin is coming off of conceivably its worst week ever. It began out with the January 31, 2026 launch of batch quantity two of the Epstein information, which implicated none-too-few Bitcoiners and early stage Bitcoin corporations (I’m wondering, will we nonetheless be speaking about Epstein in 2036?). The discharge now reads like a nasty omen. As a result of on Thursday of the identical week, bitcoin suffered its fourth worst drawdown ever, a 21% bludgeoning that bled $16,000 from its value because it went from $76,000 to $60,000 in a single day. This was gnarly for…
Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure Ethereum is just some {dollars} away from shedding the $2,100 worth stage as volatility throughout the broader cryptocurrency market continues to accentuate. After days of draw back strain, this worth motion has began to impression buyers’ conduct, which is presently leaning closely towards the bearish facet. Excessive Bearishness Takes Maintain Amongst Ethereum Merchants Whereas the Ethereum worth has been trending downward over the previous few days, buyers are starting to react strongly to this waning efficiency. A latest report has revealed that sentiment surrounding the main…
Key Takeaways:Zest Protocol worth rose over 129% in 24 hours after its Might 19, 2026 launch throughout 5 main exchanges.ZEST has a complete provide of 1 billion tokens, with solely 146 million at present circulating and crew tokens locked for one yr.The protocol has over $100M in TVL, 800+ BTC deposited, and two years of on-chain historical past with zero unhealthy debt recorded.Zest Protocol (ZEST) made its market debut on Might 19, 2026. The token launched on 5 main exchanges concurrently. Inside 24 hours, Zest Protocol worth surged over 129% on CoinGecko, settling close to $0.18 as of Might 20.This…
In short Senate Invoice 163 was signed into regulation by South Carolina Governor Henry McMaster on Tuesday. The invoice successfully bans using CBDCs within the state and protects authorities from collaborating in any CBDC checks. It additionally permits for the use and self-custody of crypto belongings within the state, together with providing protections to Bitcoin miners. People, companies, and Bitcoin miners in South Carolina have earned protections for the use, custody, and mining of digital belongings because of a brand new invoice signed by the state’s governor Henry McMaster. First launched in January 2025, Invoice 163, additionally successfully bans the state’s…
Market analysts say Ether’s (ETH) value could drop to $1,000 if a breakdown from a bearish chart sample is confirmed.Key takeaways:Ether’s bear flag targets 50% ETH value drop to $1,075. Ether dangers over $1.70 billion in lengthy liquidations if the worth breaks under $2,000.Whale accumulation weakens as main ETH holders cut back publicity.Ether’s bear flag targets $1,000 ETH valueEther’s downtrend might speed up if the worth breaks under the decrease pattern line of a bear flag at $2,000 on the each day chart, the place the same breakdown in January led to a 41.5% ETH value drop.Associated: Ether taker quantity turns…
The crypto business’s campaign-finance juggernaut, the Fairshake political motion committee, backed winners in half a dozen Southern primaries on Tuesday, pouring tens of millions of {dollars} into the races as one of many congressional midterms elections’ main spenders.The tremendous PAC deployed greater than $20 million in political promoting in three states, largely to Republican candidates who’re thought-about more likely to win their deep-red areas within the November common elections. Thus far this yr, Fairshake — which has in earlier election cycles helped get dozens of pro-crypto candidates to Washington — has backed a prolonged listing of major winners, although it…
South Korean funeral agency Bumo Sarang has booked an unrealized $33 million loss on a leveraged crypto wager. The nation’s seventh-largest supplier channeled round $40 million of shoppers’ pay as you go funds right into a 2x leveraged BitMine ETF. The disclosure appeared in Bumo Sarang’s 2025 audit filed with South Korea’s Honest Commerce Fee. The corporate referred to as the shortfall a short lived market transfer that it could soak up from its monetary buffer. How the leveraged BitMine ETF Wager Collapsed Native media reported that Bumo Sarang routed 59.5 billion received, close to $40 million, into the T-REX…
Trump ordered federal companies to overview obstacles going through crypto and fintech companies The Federal Reserve will consider broader cost system entry for digital asset firms Direct Fed entry may enable crypto platforms to bypass conventional banking intermediaries President Donald Trump has signed a brand new govt order geared toward pulling fintech and crypto companies deeper into the core U.S. monetary system. The directive, titled “Integrating Monetary Know-how Innovation Into Regulatory Frameworks,” orders federal regulators to overview current guidelines and licensing constructions which may be slowing innovation or blocking partnerships between digital asset companies and conventional monetary establishments. The transfer…
South Carolina Governor Henry McMaster signed S. 163 into legislation on Could 19, 2026, amending the state’s code of legal guidelines to ascertain a complete framework for cryptocurrency customers and companies. The invoice handed the Senate 38–1 and cleared the Home 110–1 earlier than being ratified on Could 14. Self-custody and cost rights Underneath the brand new legislation, people and companies can’t be prohibited from accepting digital property as cost for items and companies, or from utilizing self-hosted wallets or {hardware} wallets to keep up self-custody of their holdings. The laws additionally bars the state and native governments from imposing…
AllUnity is pushing deeper into Europe’s stablecoin race with a brand new transfer that ties local-currency digital cash to AI-era funds. The Frankfurt-based agency plans to launch SEKAU, an AllUnity SEK stablecoin backed by Swedish krona reserves, whereas additionally rolling out a cost system constructed for transactions initiated by software program brokers. That mixture makes this greater than a token launch. AllUnity is making an attempt to construct two issues directly: a regulated Swedish krona stablecoin for a market nonetheless dominated by dollar-pegged crypto, and a cost rail for companies that wish to settle for automated, programmable transactions. The timing…