Balancer Exploit Drains Over $116M Across Multiple Networks

The post Ripple Buyers Step In at $2.00 Floor on BTC’s Hover Above $91K appeared on BitcoinEthereumNews.com. Token breaks above key support while volume surges 251% during psychological level defense at $2.00. News Background U.S. spot XRP ETFs continue pulling in uninterrupted inflows, with cumulative demand now exceeding $1 billion since launch — the fastest early adoption pace for any altcoin ETF. Institutional participation remains strong even as retail sentiment remains muted, contributing to market conditions where large players accumulate during weakness while short-term traders hesitate to re-enter. XRP’s macro environment remains dominated by capital rotation into regulated products, with ETF demand offsetting declining open interest in derivatives markets. Technical Analysis The defining moment of the session came during the $2.03 → $2.00 flush when volume spiked to 129.7M — 251% above the 24-hour average. This confirmed heavy selling pressure but, more importantly, marked the exact moment where institutional buyers absorbed liquidity at the psychological floor. The V-shaped rebound from $2.00 back into the $2.07–$2.08 range validates active demand at this level. XRP continues to form a series of higher lows on intraday charts, signaling early trend reacceleration. However, failure to break through the $2.08–$2.11 resistance cluster shows lingering supply overhead as the market awaits a decisive catalyst. Momentum indicators show bullish divergence forming, but volume needs to expand during upside moves rather than only during downside flushes to confirm a sustainable breakout. Price Action Summary XRP traded between $2.00 and $2.08 across the 24-hour window, with a sharp selloff testing the psychological floor before immediate absorption. Three intraday advances toward $2.08 failed to clear resistance, keeping price capped despite improving structure. Consolidation near $2.06–$2.08 into the session close signals stabilization above support, though broader range compression persists. What Traders Should Know The $2.00 level remains the most important line in the sand — both technically and psychologically. Institutional accumulation beneath this threshold hints at larger players…

JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon has pushed back against claims that the banking giant had debanked President Donald Trump-bread more

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…