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Ethereum is currently trading under pressure after failing to push above the $3,000 level again over the past 24 hours, a move that is reflecting trader sentiment across the derivatives markets. ETH is currently trading at $2,925, down 2.7% on the day, after moving within a 24-hour range capped at $3,012.99 and finding lows around $2,909.60, according to price data from CoinGecko.  As price action weakens, a notable change has been developing, with on-chain data showing funding rates drifting toward negative territory and derivative positioning beginning to tilt more defensively. Funding Rates Slide As Shorts Gain Ground Ethereum’s failure to hold above $3,000 is an important psychological break for traders, especially after several failed attempts to hold above that...

With about $100T passing to younger heirs over 20 years, crypto allocations may rise as tastes diverge. Nansen founder, Alex Svanevik says small shifts could expand the $3.05T market. UBS has put transfers at $83T. Bitcoin has dipped below $90K, and millionaire addresses have fallen since Jan. 2025.
The post $100 Trillion Inheritance Wave Could Send Crypto Prices Soaring, CEO Says appeared first on Cryptonews.

US lawmakers pause the CLARITY Act as DeFi leaders warn the bill still risks developers, DAOs rethink governance and regulators face mounting pressure.

Paradex said a planned database upgrade briefly corrupted funding data, prompting a chain rollback and refunds after unintended liquidations across multiple markets.

The dollar's decline highlights growing investor unease over US economic policy stability, potentially impacting global financial markets.
The post US dollar slides toward steepest weekly drop in seven months on policy uncertainty appeared first on Crypto Briefing.

UBS Group will offer Bitcoin and Ethereum investments to select wealthy clients starting in Switzerland, following Morgan Stanley, JPMorgan, and Bank of America as major wealth managers expand digital asset services amid growing institutional demand.
The post World’s Second-Largest Wealth Manager UBS to Offer Crypto Investing to Wealth Clients appeared first on Cryptonews.

Revolut abandons plans to acquire a U.S. bank and seeks a standalone de novo license, aiming to strengthen its crypto services and scale in the American market while avoiding the complexities of a bank acquisition.
The post Revolut Drops US Bank Merger Plan, Will Pursue Standalone License — Could This Speed Up Its Crypto Expansion? appeared first on Cryptonews.