Crypto News

Ether (ETH) is testing levels not seen since November 2023, as the market continues to be hit by volatility resulting from U.S. President Donald Trump's trade war threat. ETH is down 15% in the last 24 hours, according to CoinDesk Indices data, dragging down the CoinDesk 20, a measure of the largest digital assets, which is down 16%. Ether's decline over the past three months has been driven by bearish investor sentiment, reflected in its underperformance relative to BTC and weak institutional demand, alongside macro headwinds like trade war fears, inflation concerns, and stock market weakness, which have dampened risk appetite.CoinGlass data shows that nearly $165 million in ETH long positions have been liquidated in the last 12 hours. ...

White House Crypto Czar David Sacks sold all his cryptocurrency holdings, including bitcoin and ether, before joining the Trump administration, refuting claims of indirect investments in Bitwise Asset Management. David Sacks Sells Crypto Holdings Before White House Role White House AI and Crypto Czar David Sacks confirmed that he sold all of his cryptocurrency holdingsSource link

TSMC is doubling its Arizona investments amid geopolitical tensions and the U.S.’s push for semiconductor independence.Source link

Though the SEC hasn't detailed initiatives, the Task Force's composition signals focus on blending securities law and crypto frameworks.Source link

Bitcoin’s market cap will explode from $2 trillion to $200 trillion, Michael Saylor predicts, as capital from China, Russia, Europe, Africa, and Asia fuels its rise. The $200 Trillion Bitcoin Boom: How Global Capital Is Pouring Into Crypto Michael Saylor, executive chairman of Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, shared his outlook on theSource link