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ETH’s bearish chart setup points to a 25% drop toward $1,600, risking over $10 billion in paper losses for BitMine in the coming weeks.Tom Lee’s BitMine faces about $7.3 billion in paper losses on its Ethereum treasury as Ether (ETH) traders weigh worsening sentiment, ETF outflows and a bearish chart…

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.Today in crypto, a NYT investigation found that senior CFTC officials who raised concerns about prediction markets were suspended and pushed out, an…

A New York Times investigation found that senior CFTC officials who raised concerns about Polymarket, Crypto.com and Gemini were suspended and pushed out.Senior officials at the Commodity Futures Trading Commission (CFTC) who raised concerns about prediction market companies were suspended, investigated and eventually pushed out of the agency.According to a…

William Mougayar says critics are measuring the Ethereum Foundation by the wrong standard, claiming it was never meant to pump ETH or court institutions.A blockchain researcher has pushed back against growing criticism of the Ethereum Foundation, arguing that the organization is doing “exactly” what it was designed to do, which…

Rising short-term bond yields and Warsh’s hawkish comments in the past are reviving fears of a December rate hike, which could slam the brakes on Bitcoin’s recovery.Bitcoin (BTC) fell to $74,190 on Saturday, its lowest level in more than a month, despite pro-crypto Kevin Warsh being sworn in as Federal…