Ether Erases All Gains From Shanghai Rally as Bitcoin, Other Crypto Prices Also Fall
The second-largest cryptocurrency by market capitalization has dropped to its lowest point since April 9, CoinDesk data shows.

First Mover Asia: Bitcoin Struggles as U.S. Regulators Fumble: Analyst
ALSO: CoinDesk columnist Daniel Kuhn considers the European Parliament's passage of crypto rules, which come as U.S. regulatory agencies seem to be backtracking in their efforts to find an effective regulatory approach.

Bitcoin Tumbles Below $28K on Coinbase
BTC’s price dipped to its lowest level since April 9. Ether also declined, albeit less severely.

First Mover Asia: We’re Still Missing Good Web3 Games; Bitcoin Swoons Below $29K
The TradGaming world has tentpole franchises that have drawn large audiences, but Web3 games have yet to connect meaningfully with gaming enthusiasts.

Bitcoin Hovers Near $29.3K After Binance Sell Order, UK Inflation Data
BTC fell as low as $29,045 earlier Wednesday. ETH dropped below $2,000 for the first time in almost a week.

Crypto Custody Explained: Benefits and Risks
There is no shortage of horror stories about stolen funds, hacks and lost passwords in the crypto industry. This is where crypto custody comes into play. Casa CEO Nick Neuman breaks down three types of custodians, as well as the benefits and risks of each.

Institutions Flock to Ether After Shapella Upgrade
Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market.

SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
Gary Gensler testified before the House Financial Services Committee for roughly five hours on Tuesday.

First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.

Ethereum Unstaking Requests Now Face About a 17-Day Wait
The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.
