Bitcoin Lacks Strong Demand But Selling Pressure Remains Absorbable For Now – Details

Ethereum co-founder Joseph Lubin just made a jaw-dropping claim on X (formerly Twitter): He thinks Ether (ETH) could eventually surpass the entire global GDP in value. Lubin was reacting to a research note comparing ETH to "digital oil"—a metaphor for its foundational role in decentralized finance—but he insists even that optimistic take underestimates Ethereum’s potential. While he didn’t lay out a detailed roadmap, the bold statement reflects the sky-high confidence some crypto pioneers have in blockchain’s future.

Editor’s Note: When a heavyweight like Lubin makes this kind of prediction, it’s not just hype—it’s a signal of how true believers see Ethereum evolving beyond a mere asset into the backbone of a new financial system. Of course, skeptics will roll their eyes at comparing crypto to GDP, but the takeaway here isn’t the literal numbers. It’s about the growing narrative that blockchain could reshape economics on a scale we’re only starting to imagine. Whether you buy it or not, that vision is driving real investment and innovation.

A crypto analyst, Ali Martinez, suggests Dogecoin (DOGE) is at a critical technical juncture, forming a triangle pattern that could lead to a 60% price swing—but it's unclear whether that'll be a surge or a plunge. The chart shows DOGE's price tightening into a narrowing range, a classic setup for a big breakout or breakdown.

Editor’s Note: For crypto traders, this isn't just another meme-coin headline—Dogecoin still moves markets, and a 60% swing could ripple through portfolios. Whether you're holding DOGE or just watching the chaos, this technical squeeze could mean fireworks (or tears) ahead. The real question: Will Elon Musk tweet about it?

North Korean hackers are setting up fake cryptocurrency job websites to infect blockchain professionals with malware designed to steal their digital wallet credentials, according to cybersecurity researchers at Cisco Talos. It’s a sneaky play—posing as recruiters to lure crypto workers into downloading malicious software that swipes sensitive info.

Editor’s Note: If you’re in crypto, this is a heads-up—North Korea’s cyber ops are getting craftier. They’re not just hacking exchanges anymore; they’re going after individuals with convincing job scams. Given how much money flows through crypto, these attacks could lead to major thefts or even disrupt projects. Stay skeptical of too-good-to-be-true offers.

The US Secret Service just pulled off its biggest cryptocurrency seizure ever—$225 million in Tether (USDT)—with help from Tether itself. The bust highlights how crypto companies are increasingly cooperating with law enforcement to track illicit funds, even in supposedly "untraceable" digital currencies.

Editor’s Note: This isn’t just another crypto crime story—it’s a sign of how the industry is maturing. Tether, often criticized for its opacity, actively assisted in freezing funds, showing that even stablecoins aren’t a safe haven for criminals. For regulators, it’s proof that collaboration works; for crypto users, it’s a reminder that privacy isn’t guaranteed. The line between decentralization and accountability keeps getting thinner.

Ethereum's price has dipped below $2,600 and is now hovering around $2,550, struggling to gain momentum. While it's currently stuck in a tight range, there's a glimmer of hope—if it can push past $2,620, we might see a rebound. For now, though, traders are watching to see if the bulls can break the slump or if the downward trend continues.

Editor’s Note: Ethereum's price movements matter because they signal broader trends in crypto markets—whether investors are feeling confident or cautious. If ETH breaks out of this rut, it could spark renewed interest in altcoins. If not, it might mean more uncertainty ahead for crypto traders. Either way, it’s a key moment to watch.