Cryptocurrency markets saw consolidation as Bitcoin remained above $90,000. Ethereum treasury trade decreased by 81% in the past three months. BitMine Immersion Technologies accumulated 679,000 Ether worth $2.13 billion. Interest rate cut probabilities are at 87% ahead of the US Federal Reserve meeting. Citadel urges SEC to regulate DeFi tokenized stocks, sparking backlash. Arthur Hayes warns Monad could crash by 99%, calling it a high-risk “VC coin.” The crypto lending market, led by Tether and Galaxy, hits $25 billion. Portal to Bitcoin raises $25 million and launches atomic OTC desk. DeFi market overview shows most top 100 cryptocurrencies ending the week in the red.
Read more at Cointelegraph: Ethereum Treasury Trade Unwinds, Large Players Amass ETH Supply
