The Senate Banking Committee has unveiled a new draft of the Clarity Act days before a scheduled markup vote, reopening negotiations over stablecoin oversight, DeFi protections, and ethics rules tied to federal officials’ crypto activities. According to a statement released…
Jin's massive ETH deposit could either stabilize or destabilize the market, highlighting the influence of large holders on crypto dynamics.
The post Binance receives $1.35B ETH deposit from Garrett Jin as crypto market rebounds appeared first on Crypto Briefing.
Ethereum price started a downside correction from $2,380. ETH is now showing a few bearish signs and might decline further if it trades below $2,300. Ethereum started a downside correction below the $2,360 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,350 zone. Ethereum Price Dips Again Ethereum price failed to stay above the $2,365 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,350 and $2,340 levels. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD. The bears pushed the price below the 50% Fib retracement level of the upward move from the $2,265 swing low to the $2,382 high. Finally, the bulls appeared near $2,300. Ethereum price is now trading below $2,340 and the 100-hourly
PancakeSwap X's tokenized RWAs on BNB Chain could redefine DeFi's role in traditional finance, enhancing accessibility and liquidity.
The post PancakeSwap X lists tokenized RWAs including AAPLX and NVDAX appeared first on Crypto Briefing.
The integration enhances DeFi's appeal by enabling complex trading strategies and increasing equity exposure, but it also raises security and regulatory risks.
The post LayerZero powers bridging of Ondo tokenized stocks to Hyperliquid appeared first on Crypto Briefing.
The post Ethereum Treasury Firm Sharplink Releases Q1 Earnings, Holds Over $2B In ETH appeared on BitcoinEthereumNews.com.
Sharplink, an Ethereum treasury company, announced its Q1 earnings results for FY26 on Monday, May 11. It revealed holding over $2 billion worth of ETH despite the massive unrealized losses. Overview of Sharplink’s Q1 Earnings Report For the quarter that ended March 31, 2026, SharpLink posted a net loss of $685.6 million. It represents a huge increase than the net loss of $1 million in the same period last year. The company attributed the drop to mainly the non-cash crypto-related charges related to its Ethereum treasury business. The ETH price decline in the first quarter led to a humongous loss of $506.7 million. In addition, a loss of $191.7 million was recorded for the LsETH holdings. However, the ETH treasury losses are unrealized as the company sticks to its HODL strategy. Part of these losses were offset by $12 million in realized gains from ETH-to-LsETH con
The post Galaxy and Sharplink’s Bold Strategy with New Ether Fund appeared on BitcoinEthereumNews.com.
Galaxy, a crypto asset management firm, and Ethereum-centric company Sharplink have revealed plans to introduce a novel private fund developed to enhance returns on Ether holdings through decentralized finance (DeFi) methods. This initiative indicates an escalating interest among institutional entities to derive on-chain gains from crypto possessions and hints at a strategic effort to broaden […] Continue Reading:Galaxy and Sharplink’s Bold Strategy with New Ether Fund Source: https://en.bitcoinhaber.net/galaxy-and-sharplinks-bold-strategy-with-new-ether-fund