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The shifting political narrative behind the SEC’s surprise spot Ethereum ETF approvals is less credible following President Joe Biden’s SAB 121 repeal bill veto, Bernstein analysts said.President Joe Biden’s veto of the bill that would repeal SAB 121 suggests that the SEC’s decision was more pragmatic to avoid a legal battle, they added.


The price of bitcoin has rallied alongside equity indices as wider markets anticipate a rate cut by the European Central Bank this week.The bitcoin price rebounded above the $69,000 mark in early trading on Monday.

Trader Brandt suggests that Bitcoin’s current bull run resembles past post-halving cycles, potentially leading to a $150K by September 2025.


Quick Take Linea halted its block production in response to an exploit involving Velocore. The project later clarified it plans to fully decentralize the network.