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Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop

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A bearish technical setup and a declining number of Ethereum whales pose downside risks for ETH price.

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Coin Market

NY judge pushes back hearing for Aave’s bid to unfreeze $71M in ETH

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A New York judge has ordered supplemental briefings because Aave did not adequately outline how compounding losses could occur if the restraining notice remains in place.

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Trump’s White House weighs 250 pardons to celebrate America’s 250th birthday

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One of the developers behind the crypto-mixing protocol Samourai Wallet has publicly expressed hopes for a pardon, along with FTX founder Sam Bankman-Fried.

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Bitcoin risks slump after hitting ‘major bear market resistance’: CryptoQuant

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Bitcoin’s rally may reverse as its price has hit a historic resistance level and traders appear to already be taking profits, said CryptoQuant in a note on Wednesday.

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