Coinbase launches Bitcoin, Ethereum perpetual futures in US

Bitcoin reserves on exchanges just hit their highest level in over a month, suggesting traders might be gearing up to sell. While this could mean a short-term dip in BTC’s price—currently holding steady around $110K—the overall market trend still looks strong. Think of it like a pit stop in a rally: some folks are cashing out, but the race isn’t over yet.

Editor’s Note: For crypto watchers, exchange reserves are like a mood ring—when they spike, it often means traders are getting twitchy. This isn’t doom-and-gloom (the market’s still bullish), but it’s a heads-up that volatility could be around the corner. If you’re holding BTC, maybe don’t panic—just keep an eye on the next moves.

Ethereum’s price is on a tear, blasting past $3,750 and flirting with $3,950 as bullish momentum builds. Technical indicators—like a key trend line holding strong above $3,720—suggest this rally might not be done yet. If ETH stays above $3,650, traders are eyeing the next big milestone: $4,000.

Editor’s Note: For crypto investors, Ethereum’s surge isn’t just a number—it’s a signal. A push toward $4K could reignite broader market optimism, especially with Bitcoin also climbing. But watch that support level; if it cracks, the party might pause. Either way, it’s a reminder of how volatile (and headline-grabbing) crypto can be.

The US government has officially given its blessing to a major digital asset for the first time ever—a landmark moment that signals growing acceptance of cryptocurrencies and blockchain technology at the highest levels. While the details are still emerging, this move could pave the way for clearer regulations and broader adoption of digital assets in finance and beyond.

Editor’s Note: This isn’t just another crypto headline—it’s a turning point. Governments have mostly treated digital assets with caution or outright skepticism, so a formal endorsement from the US could shake up everything from Wall Street to your average investor’s portfolio. It might also push other countries to speed up their own crypto policies. Whether you’re a crypto enthusiast or just watching from the sidelines, this decision could ripple across the economy in ways we’re only starting to understand.

Bitcoin’s price is hovering below the $118,000 mark after hitting a snag near $120,000, and traders are eyeing whether it’ll drop further if it breaks below $116,200. There’s a bearish trend forming on the charts, but a rebound could still happen if it manages to push past $120,000. For now, it’s stuck in a waiting game.

Editor’s Note: Bitcoin’s recent stall matters because it’s testing key support levels—if it drops, short-term traders might panic, but if it holds or bounces back, it could signal renewed confidence. Either way, it’s a reminder of how volatile crypto can be, even for the biggest player in the game.

Gemini co-founder Tyler Winklevoss went on a fiery rant against JPMorgan Chase, accusing the banking giant of actively trying to stifle crypto and fintech firms. In a lengthy Twitter thread, he claimed JPMorgan wants to restrict consumers' access to their own financial data—framing it as a power grab by traditional banks against disruptive tech.

Editor’s Note: This isn’t just another crypto vs. banks spat—it’s a high-stakes fight over who controls the financial system’s future. If big banks succeed in limiting data access or squeezing out crypto services, it could reshape how money moves (and who profits). Winklevoss’s outburst reflects the growing tension between old-school finance and the decentralized alternatives nipping at its heels.