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Sei v6.4 is now live on mainnet. The update brings IBC disable capability as the chain moves toward an EVM-only future under SIP-3. Sei Labs has rolled out v6.4 on mainnet. The update marks a significant step in the network’s ongoing SIP-3 migration. At its core, v6.4 introduces the protocol-level ability to disable inbound IBC transfers. IBC is Cosmos’ native interoperability protocol. Sei Labs notes that the change will not take effect until a separate governance proposal passes. Related reading: Sei Launches Multiple Updates, Including Stablecoin Deposits And Giga Protocol Sei v6.4 and the IBC Disable Capability The new release…
Bitmine Immersion Technologies (BMNR) now holds 4.87 million ether worth $10.7 billion and is 81% of the way to its target of owning 5% of the entire ETH supply, according to a Monday release that also included chairman Tom Lee calling ether “the wartime store of value.”BMNR shares are lower by 2.25% premarket alongside ether’s weekend decline to $2,199. The stock is lower by 32% year-to-date.Lee pointed to ETH’s 17.4% gain since the Iran war began seven weeks ago, outperforming the S&P 500 by 1,830 basis points and gold by 2,743 basis points.”We believe ETH beating gold by 2,743 basis…
Bitcoin’s weekly chart is showing an uncomfortable comparison to one of the most brutal sell-offs in its history, and at least one analyst believes the worst may still be ahead. This technical outlook is looking at the current price action as a mirror of the 2022 macro fractal sequence that sent Bitcoin from $69,000 to a cycle low near $15,500, implying that the current cycle could see a similar drop. Related Reading A 2022 Repeat? The Fractal That Raises Concerns Crypto analyst philarekt posted a warning on X this week, identifying what he described as “the most dangerous macro fractal”…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP has been under selling pressure for weeks. The uncertainty is higher. And beneath the price, the derivatives market on Binance just recorded one of its sharpest single-venue position closures in recent memory. A CryptoQuant analysis tracking XRP’s derivatives structure across major platforms has identified a development that reframes the current weakness as something more specific than a broad market correction. Binance — the exchange that processes the largest share of XRP futures volume globally — recorded an open interest decline of approximately 721.49 million XRP. That…
Crypto legislation advances as disputes narrow, with stablecoin yields and oversight shaping final negotiations. Momentum is building in Washington as lawmakers move closer to passing long-awaited cryptocurrency legislation. Progress in negotiations has reduced major disagreements that once stalled efforts. Industry participants now see a clearer path toward regulatory structure. Attention has shifted to a handful of remaining issues that could shape the market’s evolution. Crypto Industry Eyes Clarity as Congress Moves Toward Regulatory Framework Donald Trump’s top crypto advisor signaled growing confidence that Congress can pass a sweeping digital asset bill. Speaking at an event hosted by the Solana Policy…
ClearBank Europe plans to start offering euro- and U.S. dollar-pegged stablecoins after saying it’s the first Dutch credit institution cleared to provide crypto services under the European Union’s Markets in Crypto Assets (MiCA) regulation.The bank, which has more than 270 institutional clients, 1.7 million individual customers and more than $13 billion in assets under management, received confirmation from the Dutch Authority for the Financial Markets (AFM) after notifying the regulator of its plans, allowing it to operate as a crypto asset service provider (CASP).That approval allows ClearBank to begin rolling out digital asset services without applying for a new license.…
A crypto analyst has announced that Bitcoin (BTC) has hit its last bull trap, signaling that the price of the flagship cryptocurrency could fall much further before a potential reversal begins. The analyst has shared a chart highlighting key accumulation areas at levels below $60,000, the lowest price BTC has reached since its all-time high in 2025. Bitcoin Reaches Final Bull Trap Following Bitcoin’s rebound over the weekend, a pseudonymous whale and crypto analyst known as NoName shared an update on Bitcoin’s latest price action and what its next moves may be. In a post on X, NoName announced that…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bullish momentum appears to be fading on the Bitcoin market as the price of the leading cryptocurrency asset gradually falls back toward the $70,000 level. The growing bearish momentum is driven by heightened selling pressure across the market, backed by a confluence of macroeconomic and political events. Geopolitical Shock Drives Bitcoin Short Interest Several negative factors across the broader cryptocurrency sector and the world are bolstering Bitcoin’s recent pullback. Currently, heightened macroeconomic and geopolitical tensions are once again spilling into the crypto market, causing Bitcoin and other…
Musician G. Love lost 5.92 BTC to a fake Ledger app on the Apple Mac App Store. ZachXBT traced the stolen funds to KuCoin deposit addresses. Garrett Dutton, known professionally as G. Love, lost nearly six Bitcoin in seconds after a fake Ledger app slipped through the Apple Mac App Store. The app looked legitimate. It was not. Writing on X, G. Love said he was migrating his Ledger hardware wallet to a new computer when he downloaded what appeared to be the official app. The BTC was gone instantly. He described the loss as his retirement fund, built over…
The crypto industry’s chief effort in U.S. policy — the Digital Asset Market Clarity Act — has remained held up on a point about stablecoin yield that has little to do with the bill’s central aim to regulate U.S. crypto markets. It’s still a sticking point as bankers fired the latest volley to claim the industry’s reward programs are a danger to bank deposits.In response to a recent White House economists report that the banks have little to fear from the rise of stablecoins, the American Bankers Association contends that the Council of Economic Advisers was analyzing the wrong scenario.…