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Ethereum’s drop below $3,400 has erased its 2025 gains as crypto markets suffer over $1.1 billion in liquidations. With Bitcoin hovering near $100,000 and whales selling into weakness, traders fear the worst may not be over yet.

Bitcoin, Gold, and Silver are testing crucial support zones as markets brace for volatility ahead of the Supreme Court’s ruling on Trump’s tariffs. With BTC nearing $100,000 and metals slipping lower, traders are watching whether this week’s events spark a deeper correction—or a rebound across assets.

Sam Bankman-Fried’s appeal challenges his FTX fraud conviction, claiming a biased trial and excluded evidence denied him a fair defense. The decision could reshape one of crypto’s most infamous legal battles.

Visibility, transaction speed, and early belief in the project are more important than patience

1 Year Journey from $50,000 to $50 Million: A True Story of Getting Rich Quick
- 00:44Italian banks support the European Central Bank's digital euro initiative but hope to share initial investment costs.Jinse Finance reported that Italian banks support the European Central Bank (ECB) in launching the digital euro, but hope to spread the required investment over a longer period of time. Marco Elio Rotini, General Manager of the Italian Banking Association (ABI), stated at a press conference that despite the high costs, banks still support this proposal because it embodies the concept of "digital sovereignty." Recently, the ECB has reached an agreement with EU finance ministers to determine the development roadmap for the digital euro. The central bank digital currency (CBDC) is expected to be launched in 2029, provided it receives EU approval next year. Rotini pointed out that the Italian Banking Association supports a dual strategy, advancing both central bank digital currency and commercial bank digital currency simultaneously, in order to keep pace with other countries.
- 00:44James Wynn closed a 40x short position on BTC, earning $85,000 in profit.According to Jinse Finance, monitored by Onchain Lens, James Wynn has closed his 40x short BTC position, earning a profit of $85,380.
- 00:44U.S. Senate Majority Leader Thune: Positive progress has been made in negotiations to end the U.S. government shutdown.Jinse Finance reported that U.S. Senate Majority Leader Thune stated that bipartisan negotiations in the Senate to end the federal government shutdown have made positive progress. Lawmakers are working to reach an agreement to temporarily reopen the government and have proposed three longer-term appropriations bills for certain agencies. According to Republican senators, lawmakers had originally hoped to release the full text of three full-year appropriations measures for fiscal year 2026 on Saturday, including agriculture, food and nutrition programs, as well as military construction projects, veterans' programs, and congressional operating funds. This proposal would provide funding for these actions through September 30, 2026. However, by the end of the workweek, the two parties had not reached an agreement to restart the government, nor had they released the full-year appropriations bills to the public. The Senate will make another attempt at negotiations in a rare Sunday session.