Acum 1 h
Ethereum futures open interest drops by over 80 million ETH as price trades below $2,000
Ethereum is trading below the $2,000 mark with elevated volatility and weak sentiment as traders stay cautious around this psychological level. Over the past 30 days, futures open interest across major exchanges has contracted by more than 80 million ETH, signaling broad deleveraging and a reset in derivatives exposure. Price action now shows persistent downside pressure, with key support seen in the $1,600–$1,700 area as the market searches for a stable base.
ETH
ETH+5.30%
Acum 1 h
Acum 1 h
PGI Founder Ramil Ventura Palafox Gets 20-Year Term in $201M Bitcoin Ponzi Case
In February 2026, a federal judge in the Eastern District of Virginia sentenced Praetorian Group International founder Ramil Ventura Palafox to 20 years for wire fraud and concealment money laundering linked to a Bitcoin Ponzi scheme. Prosecutors said the operation raised more than $201 million, took in at least 8,198 BTC, and drew over 90,000 investors, with confirmed losses of at least $62.7 million.
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BTC
BTC+3.74%
Acum 1 h
Acum 1 h
Shiba Inu Holds Above $0.000006 as Ex-Ripple CTO Criticizes Bitcoin and Goldman Sachs Discloses $152M XRP ETF Stake
Shiba Inu's price has climbed back over $0.000006 after a sharp breakdown, with traders watching whether this level can hold as support. Former Ripple CTO David Schwartz has described Bitcoin as a "technological dead end" while confirming he sold most of his BTC for $7,500. Goldman Sachs has reported a $152 million allocation to XRP spot ETFs, an amount that represents nearly 14% of net XRP ETF inflows over the past year.
SHIB
SHIB+4.79%
Acum 1 h
Acum 2 h
Ether open interest at three-year low; traders see chance of squeeze to $2,500
On Friday, Ether reclaimed $2,000 after a cooler U.S. CPI print, putting ETH/USD on course for its first positive weekly close since mid‑January. According to CryptoQuant, futures open interest dropped by 80 million ETH over 30 days and Binance funding hit -0.006, the lowest since early December 2022. Traders say a short squeeze toward $2,500 is possible if $2,000 support holds.
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ETH
ETH+5.30%
Acum 2 h