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Memecoins not under SEC oversight, Peirce says as TRUMP losses hit $2B

Memecoins not under SEC oversight, Peirce says as TRUMP losses hit $2B

Memecoins like US President Donald Trump’s Official Trump (TRUMP) token do not fall under the jurisdiction of the Securities and Exchange Commission, according to Commissioner Hester Peirce.Amid reports that investors have lost about $2 billion on Trump’s memecoin in a matter of weeks, Peirce said m…

Ethereum Price Analysis: ETH Faces Deeper Troubles, Risks Falling to $2.4K

Ethereum Price Analysis: ETH Faces Deeper Troubles, Risks Falling to $2.4K

Ethereum’s price has been dropping rapidly over the past few weeks, and while it has seemingly slowed down, more downside movement is still possible.Technical AnalysisBy Edris Derakhshi (TradingRage)The Daily ChartOn the daily chart, it is evident that ETH has been experiencing a massive crash since…

224,410 ETH Exit Exchanges in Biggest Ethereum Outflow in 2 Years

224,410 ETH Exit Exchanges in Biggest Ethereum Outflow in 2 Years

In the 24 hours between February 8 and 9, Ethereum holders reportedly moved more than 224,000 ETH from centralized exchanges, marking the largest net outflow in nearly two years.This sudden movement is an indicator of the growing belief in the cryptocurrency’s long-term potential.Rising Accumulation…

Why Trump Is Right on a Digital Currency Reserve

Why Trump Is Right on a Digital Currency Reserve

President Trump has proposed the Federal government hold digital currencies, and some media and political people have pushed back with dire warnings of the impact on the U.S. dollar. But the reality of Trump’s proposal differs sharply from that painted by Trump’s hysteric critics. BTC is not a threa…

Crypto Inflows Soar to $1.3 Billion As Ethereum Outpaces Bitcoin

Crypto Inflows Soar to $1.3 Billion As Ethereum Outpaces Bitcoin

Despite recent price declines, crypto inflows soared to $1.3 billion last week. It marks the fifth consecutive week of positive inflows, demonstrating sustained investor confidence in the cryptocurrency market.Interestingly, Ethereum inflows almost doubled the positive flows into Bitcoin, marking a …

Base Team Member Refutes Claims That Its Sequencer Coinbase Has Been Selling ETH

Base Team Member Refutes Claims That Its Sequencer Coinbase Has Been Selling ETH

A member of layer 2 scaling solution Base has refuted rumors that its sequencer Coinbase has been selling ether ."Coinbase has accumulated $300M+ in ETH, which is more than 2x all of Base's ETH earnings over time," Base member Kabir.base.eth said on X Sunday. "Base and Coinbase have and continue to …

Ethereum fees dip below $1M for the first since September 2024

Ethereum fees dip below $1M for the first since September 2024

Daily transaction fees on the Ethereum network have fallen to their lowest level since September 2024, according to data from Token Terminal.Ethereum generated $731,472 in daily fees on Feb. 8, marking the first time in five months that daily revenue dropped below $1 million. The network experienced…

Base defends moving sequencer fees to Coinbase custody for ‘security and audit’ reasons

Base defends moving sequencer fees to Coinbase custody for ‘security and audit’ reasons

Base, an Ethereum Layer 2 scaling solution incubated by Coinbase, has come under scrutiny for transferring its sequencer fee earnings entirely to Coinbase.This move has sparked debates within the community about the management and use of such funds. Santisa, the pseudonymous chief investment officer…

Crypto Market Plunges Into Fear for the First Time in Four Months — What’s Happening?

Crypto Market Plunges Into Fear for the First Time in Four Months — What’s Happening?

The cryptocurrency market has entered consolidation, with Bitcoin (BTC) struggling to rally past $100,000. Altcoins are also working to make a recovery, with the altcoin season index dropping to 39, marking its lowest level in two months.The recent downturn has affected market sentiment. Per trader …

Ethereum Price Stuck in Slow Gear: Will a Breakout Come Soon?

Ethereum Price Stuck in Slow Gear: Will a Breakout Come Soon?

Ethereum price started a recovery wave above the $2,650 zone. ETH is now struggling to clear the $2,880 and $2,920 resistance levels.Ethereum started a decent upward move above the $2,620 zone.The price is trading below $2,750 and the 100-hourly Simple Moving Average.There was a break below a key bu…

Ondo Finance unveils layer-1 blockchain for institutions to tokenize RWAs

Ondo Finance unveils layer-1 blockchain for institutions to tokenize RWAs

Real-world asset tokenization platform Ondo Finance said it will launch an institution-focused layer-1 blockchain for Wall Street firms to tokenize RWAs.Ondo announced Ondo Chain on Feb. 6 during its inaugural New York summit. Chase Herro, co-founder of the Trump family’s World Liberty Financial, re…

Ether derivatives netflow falls to lowest in 18 months — Why is this bullish?

Ether derivatives netflow falls to lowest in 18 months — Why is this bullish?

The amount of Ether being taken off crypto derivatives exchanges has reached the highest level since August 2023 — a signal analysts interpret as positive for Ether's price.On Feb. 6, Ether net flows on crypto derivatives exchanges stood at negative 300,000 ETH, representing approximately $817.2 mi…