Ah, Turkey, always keeping things spicy. The AK Party, in a move to stay relevant in the crypto age, has submitted a draft law to parliament proposing a delightful 10% tax on crypto income, because who doesn’t love more taxes, right? Oh, and don’t forget the 0.03% transaction levy on those pesky crypto platforms.
Let’s paint the scene: XRP’s been doing the financial equivalent of a sad trombone soundtrack-lower highs, lower lows, and a descending channel tighter than your mum’s Christmas jumper. Every time it tries to rally past $2.00, it’s shot down like a bad Tinder date. The upper channel’s basically a bouncer at an exclusive club, and XRP’s got no VIP pass. Momentum? More like “meh-mentum.”
South Korea has ordered a nationwide audit of seized cryptocurrency after a series of security failures exposed gaps in oversight.
He wanted to know whether he could convert his ETH into an ETF, then use that position on margin to buy crypto-related equities. Because nothing says “financial sophistication” like trading Bitcoin for a piece of paper that’s just as volatile, but slightly more regulated. Martin, clearly a man of few surprises, was “shocked” (read: mildly amused) by this request. He told BeInCrypto in an exclusive interview at Liquidity Summit 2026 in Hong Kong that this guy’s obsession with ETFs is “the staple of what’s going on right now.” Spoiler: it’s not a staple. It’s a crutch.
On this oh-so-glamorous daily chart, Bitcoin remains a humble servant beneath both the 100-day and 200-day moving averages-an unmistakable sign of a bearish trend. It lingers within a broader downward channel, much like a rat trapped in a maze, unable to find its way out. The old support zone around $75,000-$80,000 has now transformed into an unforgiving supply region, a place where rallies are sold faster than a black-market Rolex. As long as Bitcoin refuses to scale the mid-$70,000s, any rally is merely a trap for the unwary, especially if it stumbles near those pesky moving averages.
Interestingly, according to Arkham, over the past month and a half, Chun Wang has deposited around $240 million in stablecoins on Binance. And the question that follows from all this information is whether Chun Wang is accumulating Ethereum at the moment, considering the ETH price at $1,948 is below the critical $2,000 level. Perhaps he’s just waiting for it to hit $1.99 and then jump in with both feet, or maybe he’s testing the waters with a teacup.
The inspiration came after a certain developer, Jiayao Qi, AKA YQ (you can check him out on X), unveiled a brainchild known as ETH2030. Now, don’t get too excited-this isn’t your average shiny new Ethereum client. No, no. This is an experimental Ethereum client designed to align with Ethereum’s “2030+” roadmap. And it’s a beast. We’re talking 702,000 lines of Go code, 65 items from the roadmap covered across 8 whole phases, and a whopping 36,126 official Ethereum state tests. Oh, and did I mention it syncs with mainnet through go-ethereum v1.17.0? Yeah, it does all that in roughly six days. Seriously. Six days.
To put it in perspective, the amount of SHIB burned this time wouldn’t even cover a round of cocktails at a trendy London bar. And just when we thought the crypto market couldn’t get any more dramatic, here we are, watching SHIB burns drop like a lead balloon. Volatility, you say? More like a full-blown soap opera.
Behold, the modern age! Coinbase, that paragon of financial innovation, proclaims that its mechanical scribes-those tireless AI agents-now transact in stablecoins, their digital coffers brimming with the fruits of algorithmic labor. This, they assert, is part of a grand design to simplify the labyrinthine paths of blockchain for both developers and the common folk.
Most altcoins, those wayward cousins, have been as quiet as a mouse in a library, yet their losses persist, a relentless tide of despair. Ethereum, that poor soul, continues to languish below $2,000, a veritable shadow of its former self, while XRP and BNB engage in their eternal dance of market cap theatrics.
