Pi Coin Founders Stress Ecosystem Impact

The post House Judiciary Rejects Vote To Subpoena Banks CEOs For Epstein Case appeared on BitcoinEthereumNews.com. Topline House Judiciary Committee Republicans blocked a Democrat effort Wednesday to subpoena a group of major banks as part of a renewed investigation into late sex offender Jeffrey Epstein’s financial ties. Congressman Jim Jordan, R-OH, is the chairman of the committee. (Photo by Nathan Posner/Anadolu via Getty Images) Anadolu via Getty Images Key Facts A near party-line vote squashed the effort to vote on a subpoena, with Rep. Thomas Massie, R-Ky., who is leading a separate effort to force the Justice Department to release more Epstein case materials, voting alongside Democrats. The vote, if successful, would have resulted in the issuing of subpoenas to JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan, Deutsche Bank CEO Christian Sewing and Bank of New York Mellon CEO Robin Vince. The subpoenas would have specifically looked into multiple reports that claimed the four banks flagged $1.5 billion in suspicious transactions linked to Epstein. The failed effort from Democrats followed an FBI oversight hearing in which agency director Kash Patel misleadingly claimed the FBI cannot release many of the files it has on Epstein. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here. Crucial Quote Dimon, who attended a lunch with Senate Republicans before the vote, according to Politico, told reporters, “We regret any association with that man at all. And, of course, if it’s a legal requirement, we would conform to it. We have no issue with that.” Chief Critic “Republicans had the chance to subpoena the CEOs of JPMorgan, Bank of America, Deutsche Bank, and Bank of New York Mellon to expose Epstein’s money trail,” the House Judiciary Democrats said in a tweet. “Instead, they tried to bury…

The post 200,000,000 XRP out in 2 Weeks: What’s Going On? appeared on BitcoinEthereumNews.com. In the last 14 days, wallets with between 1,000,000 and 10,000,000 XRP have reduced their holdings by around 200,000,000 tokens. This change, displayed by Santiment data, suggests that some of these holders are leaving the mid-level group, reducing their combined holdings to around 6.74 billion XRP.  They are not small retail accounts, but they also do not match the scale of the very largest XRP players.  Such movements usually matter because of the amount of supply in control, which can influence short-term trends. Of late, these whales have clearly been reducing their holdings. The XRP price has been trending down while XRP has been levitating close to $3, bouncing between $2.90 and $3.30, without going in a clear direction.  The fact that these wallets are selling could be one of the reasons why the token has struggled to increase in value, even though the general crypto market has had a mix of positive and negative days. Why do XRP whales sell? One possibility is that these holders are simply taking profit after XRP’s climb earlier in the summer.  Another reason is caution: with the Federal Reserve’s interest rate decision coming up and money availability across markets looking uncertain, some investors may prefer to derisk their exposure now instead of holding amid price chaos. It is important to know that not all of these tokens have been moved to cold storage.  The number of XRP going into exchanges has gone up, which suggests that some of the 200 million XRP has been sent to trading platforms. This means that some of the selling pressure could be transferred to the open market if those tokens are moved directly there. Source: https://u.today/200000000-xrp-out-in-2-weeks-whats-going-on

The post Can Ethereum (ETH) Price Hold $4,000? Yes, But Only If… appeared on BitcoinEthereumNews.com. Ethereum (ETH) price traded near $4,021 at press time, down 10% over the past week. Analysts said momentum signals showed oversold conditions, raising questions about whether the token could rebound or decline further. Ethereum (ETH) Price Tested Major Support Levels The ETH price fell back to around $4,021 after recent highs. The level coincided with the 200-day moving average, a widely followed trend measure. Analysts said this line often marked the difference between extended rallies and deeper losses. Technical readings showed clear stress. The relative strength index (RSI), a momentum gauge, was near 33 at the time of writing. Values under 30 usually signaled oversold conditions, meaning sellers dominated. The Williams %R, another momentum indicator, was near minus 80 at press time. That level often showed capitulation pressure. Both signals aligned with ETH trading near the support zone. Analysts said similar conditions in the past often preceded strong rebounds. Whether the pattern repeated remained uncertain. The ETH price also sat in a broader market context. Tighter liquidity conditions and ongoing regulatory disputes in the United States weighed on sentiment. Despite this, ETH continued to function as the base layer for decentralized finance, NFT marketplaces, and smart contracts. This backdrop helped explain why some investors still treated the $4,000 area as a fair entry level. Broader Market Reality Ethereum’s role as infrastructure gave it lasting relevance in the digital asset market. At press time, the ETH price held above $4,000 despite pressure. Analysts said institutional players often treated pullbacks to such levels as accumulation opportunities. Retail investors, by contrast, had turned cautious. The split in sentiment highlighted the dual nature of the market. Retail participants focused on short-term swings, while professional desks often viewed declines as value windows. The ETH price near $4,000 thus acted as both a technical and psychological…