Ethereal news weekly #33 | Ethereum 11 years since genesis, pcaversaccio joined EF board, Polar bear selected as Glamsterdam mascot
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submitted by /u/abcoathup [comments] |
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submitted by /u/abcoathup [comments] |
Pressure from President Donald Trump to manufacture advanced semiconductors in the U.S. is increasing costs and squeezing margins at TSMC, the world’s leading chipmaker. Following Trump’s return to power in 2025, the president has repeatedly threatened tariffs on companies that don’t make their products in America. Since then, TSMC has announced a total of $200…
Ethereum tests $1,815 resistance as traders watch $1,550 support and lower targets within a broader bearish setup. Ethereum remains within a wider bearish structure despite recovering from its June low. The rebound has now reached its first major resistance area. ETH is testing the $1,815 level, which could shape its next price move. Buyers need…
The macro reason came from the POTUS yet again. Bitcoin’s mid-week price rally that drove it to a monthly peak of $67,000 came to a halt, and the asset dipped below $64,000 earlier today, erasing essentially all the gains it had recorded. Here are the two possible reasons behind this nosedive. ETF Investor Exodus…
U.S banking trade group, the Bank Policy Institute (BPI), has opposed the newly released CLARITY Act draft, flagging gaps on key issues. In a statement on Thursday, the 23rd of July, the BPI said the bill still has “shortcomings” on stablecoin yield and illicit finance provisions that should be “strengthened.” Source: X The banking industry…
Pi Network (PI) hovers above $0.07500 on Wednesday, showing early signs of a rebound from a key support zone after over two weeks of steady decline. The broader market recovery linked to reduced US inflation and the likelihood of fewer rate hikes eases risk-off sentiment, which had been weighing down altcoins. The technical outlook for…
Key takeaways Dogecoin (DOGE) is trading below $0.070 after dropping 5% in the previous session. Risk-off sentiment driven by geopolitical tensions has reduced demand for speculative assets like meme coins. DOGE futures open interest has declined, while trading volume has surged 76%, indicating increased retail activity. Dogecoin (DOGE) remained under pressure on Friday, trading below…