Daily Crypto Drops 💤

CoinTelegraph.Com News Polymarket trader makes $67K after UFC announcer briefly mixes up winner The Polymarket trader quickly bought $676 worth of one-cent shares in Tyrell Fortune winning the fight after he realized the UFC announcer called out the wrong winner.

CoinTelegraph.Com News Ethereum price risks falling to $1.2K next, analyst warns Ethereum is flashing a warning of a familiar bull trap that preceded 45% and 48% drops in the past, raising risks of a fresh breakdown.

CoinTelegraph.Com News White House app sparks concern over location tracking and privacy issues The Google Play Store page states that the app collects personal data, such as a phone number, while the App Store directs users to the White House’s privacy policy.

CoinTelegraph.Com News Ethereum Foundation accelerates 70,000 ETH staking plan after BitMine sale The Ethereum Foundation deployed $46.2 million in ETH across 11 deposits as it accelerates a 70,000 ETH staking plan.

CoinTelegraph.Com News Pierre Rochard warns US regulators over Bitcoin gap in Basel rewrite Bitcoin Bond Company CEO Pierre Rochard says US regulators’ Basel III revamp cannot quietly decide how banks treat Bitcoin without clearly explaining the rules and evidence behind them.

CoinTelegraph.Com News Crypto funds see first outflow in 5 weeks amid inflation fears, Iran tensions Digital asset products saw $414 million in outflows last week as inflation fears, US Fed rate hike expectations and Middle East tensions drove a shift toward risk-off sentiment.

CoinTelegraph.Com News Worst six months since 2018? Five things to know in Bitcoin this week Bitcoin prepared its first six straight months of losses since its 2018 bear market as Iran war woes kept markets firmly in check.

CoinTelegraph.Com News Canada proposes crypto political donation ban over foreign interference fears A similar bill was proposed in 2024 but it failed to advance past the second reading in the House of Commons and ultimately died before it could become law.

CoinTelegraph.Com News Future US governments could crack down on crypto without clear rules: Coin Center The CLARITY Act stalled in the Senate after banks, crypto firms, and lawmakers failed to reach an agreement on key provisions like allowing stablecoin yields.

CoinTelegraph.Com News BNP Paribas adds six Bitcoin, Ether ETNs for retail clients in France Crypto ETN adoption is spreading across Europe as banks expand offerings and the UK reopens retail access after lifting its ban.