A growing dispute in Washington over bank capital requirements could have 
major implications for institutional bitcoin adoption. Senators are 
challenging a 1,250% risk weight that they argue makes holding BTC 
prohibitively expensive for regulated banks. Senate Pressure Builds Over Bank 
Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a 
renewed push […]

A growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding BTC prohibitively expensive for regulated banks. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push &#8230;

6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto

Ethereum is approaching a critical technical crossroads as bearish momentum 
continues to weigh on price action. With a major support zone now under 
intense pressure, traders are closely watching whether bulls can defend this 
level or if a breakdown will open the door to a deeper decline. Bear Flag 
Breakdown Keeps Ethereum Under Pressure Ethereum continues to slide, aligning 
with the broader bearish sentiment currently dominating the market. According 
to analysis from More Crypto Online, the asset&#8217;s recent breakdown from a 
previously identified bear flag and rejection of the yellow trendline 
strengthen the hypothesis that the significant B-wave rally peaked back in 
April. These technical failures serve as strong indicators that the prevailing 
trend remains firmly to the downside. Related Reading: Ethereum Price 
Downtrend May Not Be Over—Sub-$1,700 Levels Loom The leading scenario 
currently suggests that Ethereum is developing within a larger C-wave decline, 
with major support levels established at $1,550 and $1,400. While the price 
has already begun to react from the first support area, traders should remain 
cautious because bear market cycles frequently involve corrective rallies that 
can emerge unexpectedly from these support zones. In terms of risk management, 
any potential recovery attempt is anticipated to remain strictly corrective as 
long as the price continues to trade beneath the yellow trendline resistance. 
However, a stronger recovery would require the bulls to reclaim substantial 
resistance levels and fundamentally invalidate the current bearish framework. 
At this stage, such a reversal lacks the necessary confirmation and market 
strength. Ultimately, Ethereum remains locked in a definitive bearish trend 
following its exit from the bear flag formation. With support levels at $1,550 
and $1,400 now squarely in focus, the structural setup continues to favor 
lower price action over an immediate reversal. ETH Reaches A Critical Decision 
Zone Crypto analyst MarketMaestro noted in an X post that Ethereum has 
successfully held both its long-term support trendline and a key Fibonacci 
support level on the monthly chart. According to the analyst, the current 
price zone has become a critical battleground between a routine correction and 
a much deeper structural decline. Related Reading: Ethereum’s Multi-Year 
Support Test Could Shape Its Next Big Move A monthly close below the current 
support area would significantly weaken Ethereum’s technical outlook and raise 
the risk of a broader breakdown. On the other hand, if support continues to 
hold, the recent pullback could still be viewed as a healthy correction within 
the asset’s longer-term bullish framework. Furthermore, if Ethereum manages to 
hold support, form a wick on the monthly candle, and rebound from current 
levels, it would suggest that buyers are aggressively accumulating during the 
dip and treating it as a high-value entry zone. Despite the possibility of a 
recovery, MarketMaestro cautioned that the stakes remain high. A decisive 
breakdown below support could force Ethereum into a prolonged bottoming 
process, potentially extending the period of weakness before a sustainable 
uptrend. Featured image from Getty Images, chart from Tradingview.com

Ethereum is approaching a critical technical crossroads as bearish momentum continues to weigh on price action. With a major support zone now under intense pressure, traders are closely watching whether bulls can defend this level or if a breakdown will open the door to a deeper decline. Bear Flag Breakdown Keeps Ethereum Under Pressure Ethereum &#8230;

Ethereum Breakdown Warning: This Key Level Could Trigger More Downtrend

The coalition&#8217;s proactive approach could shape future DeFi regulations, 
impacting investment strategies and legal frameworks in the crypto space.
The post Crypto Council for Innovation launches Vault Coalition to push for 
regulatory clarity on yield-generating vaults appeared first on Crypto 
Briefing.

The coalition&#8217;s proactive approach could shape future DeFi regulations, impacting investment strategies and legal frameworks in the crypto space. The post Crypto Council for Innovation launches Vault Coalition to push for regulatory clarity on yield-generating vaults appeared first on Crypto Briefing.

Crypto Council for Innovation launches Vault Coalition to push for regulatory clarity on yield-generating vaults

South Africa&#8217;s credit upgrade may lower borrowing costs, but persistent 
economic challenges and inequality could hinder further progress.
The post Fitch Ratings upgrades South Africa&#8217;s credit rating for first time in 
21 years appeared first on Crypto Briefing.

South Africa&#8217;s credit upgrade may lower borrowing costs, but persistent economic challenges and inequality could hinder further progress. The post Fitch Ratings upgrades South Africa&#8217;s credit rating for first time in 21 years appeared first on Crypto Briefing.

Fitch Ratings upgrades South Africa’s credit rating for first time in 21 years

USDe&#8217;s launch on Mercado Bitcoin could accelerate stablecoin adoption in Latin 
America, influencing regional crypto regulations and market dynamics.
The post Ethena&#8217;s USDe launches on Mercado Bitcoin, Brazil&#8217;s largest exchange 
appeared first on Crypto Briefing.

USDe&#8217;s launch on Mercado Bitcoin could accelerate stablecoin adoption in Latin America, influencing regional crypto regulations and market dynamics. The post Ethena&#8217;s USDe launches on Mercado Bitcoin, Brazil&#8217;s largest exchange appeared first on Crypto Briefing.

Ethena’s USDe launches on Mercado Bitcoin, Brazil’s largest exchange

The rapid market decline highlights the volatility and sensitivity of tech 
sectors to economic signals, impacting investor confidence broadly.
The post Over $1T wiped from US stock market in two hours as chip stocks 
crater appeared first on Crypto Briefing.

The rapid market decline highlights the volatility and sensitivity of tech sectors to economic signals, impacting investor confidence broadly. The post Over $1T wiped from US stock market in two hours as chip stocks crater appeared first on Crypto Briefing.

Cryptocurrency price in KRW

Market Overview