Ethereum Dips 9%, Yet BlackRock Bets $570M: $4K Rally Ahead?

Ethereum has shed 9% in a swift sell-off that erased $298M from 80,000 traders, but rising open interest to $35.22B and sustained BlackRock accumulation have mirrored new longs, suggesting confidence as price retests the $2,500 support that has contained volatility since early 2025.
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Weekly Crypto Regulation News Roundup: U.S. Inches Toward Clarity, Congress Advances Bills, and Senators Target Stablecoins

Crypto regulation in the United States has advanced: lawmakers have folded the Blockchain Regulatory Certainty Act into wider legislation, the SEC has signaled interest in an innovation exemption, while new scrutiny targets stablecoins, Ripple, and Connecticut’s fresh investment ban.
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Gotbit Collapse: $23M Wash-Trading Scheme Nets CEO Prison, SEC Civil Suit Imminent

Gotbit founder Aleksei Andriunin has received an eight-month U.S. sentence after pleading guilty to wire fraud and wash-trading market manipulation. The court has put the firm on five years’ probation, ordered it to close, and seized about $23 million in crypto.
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There Is No ‘Easy Road’ For Regulation Despite CFTC’s Pro-Growth Stance, Commissioner Caroline Pham Says

Caroline Pham has clarified that the CFTC’s support for innovation does not weaken enforcement, warning crypto firms that fraud and theft will face prosecution. Her comments have come as four commissioners prepare to leave and Brian Quintenz awaits confirmation under the Trump administration.
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