TL;DR Big Ethereum investors cut their collective holdings to 15.4 million tokens following a massive sell-off this week. However, analysts still see upside potential, with chart signals hinting at a push above $5K this month if momentum holds. Taking Profits Ethereum’s (ETH) price has been hovering around $4,500 in...

President Donald Trump’s top adviser on crypto, David Sacks, is working under a “special government employee” status that’s meant to be for officials serviing an important but temporary duty with the federal government, and Senator Elizabeth Warren penned a letter with other Democrats in Congress asking him whether he’s...

Curve Finance founder Michael Egorov unveiled a proposal on the Curve DAO governance forum that would give the decentralized exchange’s token holders a more direct way to earn income. The protocol, called Yield Basis, aims to distribute sustainable returns to CRV holders who stake tokens to participate in governance...

XLM rebounded strongly after facing overnight selling pressure, with the token climbing back above $0.39 during European trading hours on Tuesday. The move followed a sharp dip that saw the asset fall from $0.39 at 2 a.m. UTC to $0.38 by 4 a.m., marking the session’s steepest decline. Elevated...

HBAR spent much of the past 23 hours locked in a narrow range, oscillating between $0.23 and $0.24 in what amounted to just 2% volatility. The token briefly touched session highs at $0.24 on Sept. 16 around 18:00 UTC before sliding lower, ultimately finding repeated support near $0.23. Multiple...

Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Ethereum Faces Validator Bottleneck With 2.5M ETH Awaiting Exit Is Ethereum’s DeFi Future on L2s? Liquidity, Innovation Say Perhaps Yes Ethereum Foundation Starts...

Shares of Bullish (BLSH) rose 5% to $53.12 on Tuesday after the crypto platform secured a BitLicense from the New York State Department of Financial Services, a crucial regulatory approval that opens the door to offering spot trading and custody services to institutional clients in New York. With the...

The price of BNB rose nearly 3% over the last 24 hours after Bloomberg reported that Binance is moving toward a potential deal that would end a a key compliance requirement from the exchange’s 2023 settlement with the U.S. Department of Justice. BNB, which offers discounted trading fees on...

Bitcoin traded at $116,236 as of 14:04 UTC on Sept. 17, up about 1% in the past 24 hours, holding above a key level as markets await the Federal Reserve’s policy announcement. Analysts’ comments Dean Crypto Trades noted on X that bitcoin is only about 7% above its post-election...

MANTRA upgrades mainnet with EVM + CosmWasm support, targeting institutional tokenization and cross-ecosystem dApps. MANTRA has released a mainnet upgrade that brings native support for both Ethereum Virtual Machine (EVM) and CosmWasm contracts to its Layer 1 blockchain. The MultiVM…...