Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, Standard Chartered reaffirmed its bullish Ether price targets, citing strong network fundamentals even as ETH trades 57% below its 2025 peak, the US CFTC has sought to vacate its settlement with Gemini, and crypto PAC-backed candidates won big in Texas, with more election funding planned.

Standard Chartered says Ethereum’s network activity remains close to record levels even as Ether (ETH) trades far below last year’s highs, arguing that the gap between usage and price could eventually narrow.

Ethereum’s internal metrics, including transaction counts and total value locked in ETH terms, remain close to record levels, according to a Thursday report from Standard Chartered’s digital assets research team. ETH has fallen about 57% from its August 2025 peak of above $4,800 to under $2,000 at the time of writing, according to Coingecko data.

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