The Head of Digital Assets and Innovation for a $2 trillion asset manager “just said to buy ETH,” commented former BlackRock VP and host of Milk Road Daily, John Gillen, on Tuesday. His statement came in response to a lengthy post on X from Franklin’s Sandy Kaul on the use cases for crypto in agentic […]
Ethereum (ETH) has stolen the show in the past few days, posting impressive gains and outperforming the market leader and many of the larger-cap alts. One of the reasons behind this notable rally that drove it to a multi-week peak could be ongoing accumulation by major players, including BitMEX’s co-founder, Arthur Hayes. Hayes Buys ETH […]
ETH tapped a six-week high of $1,940 in late trading on Wednesday and has held on to those gains into Thursday morning, where it remained above $1,900. CryptoQuant analyst ‘Darkfost’ said on Thursday that the move was driven by positive inflation reports in the US, with CPI and PPI figures that came in well below […]
Robinhood Chain has generated $816,000 in gross revenue since launching on July 1, with 89% captured by Robinhood, 10% by Arbitrum as middleware, and only 0.15%, or $1,538, paid to Ethereum for settlement, which doesn’t sound great. Robinhood Chain is an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, but Ethereum […]
We are already more than halfway through the year, and it’s safe to say that it hasn’t been kind to the largest cryptocurrencies. All three of the ones that we will explore in this article are deep in the red YTD after dipping to new local lows. But let’s be more optimistic about the rest […]
Ethereum (ETH) is trading at nearly 65% below its all-time high, with attention around the asset at an almost yearly low, even as its largest network upgrade since The Merge is due within weeks. But an analyst tracking the setup says the gap between weak social interest and steady on-chain usage is the kind of […]
“The Summer of Ethereum Love is gaining steam,” said co-founder Joseph Lubin on Wednesday. The Consensys exec said this was due to credibly neutral steward organizations like Ethlabs launching to accelerate ETH’s capabilities through parallel efforts beyond the embattled Ethereum Foundation. He highlighted Ethereum’s 11-year 100% uptime, censorship resistance, permissionlessness, and global neutrality as core […]
Ethereum has extended its recovery over the past several sessions, breaking above its recent consolidation range and approaching a major confluence resistance area. The rally has improved short-term sentiment, but the market is now testing a zone that could determine whether this move develops into a broader trend reversal or remains a relief rally within […]
Although July has only just begun, the past seven days brought some much-needed and long-awaited relief to the cryptocurrency market, even if the overall sentiment remains nothing but fragile. Last week at this time, Bitcoin was still struggling around the $60,000 mark after the painful correction that was charted in June. The cryptocurrency spent the […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum managed to bounce off support at $1,500 and recovered last week’s losses. This is also why it closed the week with an impressive 10% rally, as buyers regained control of price action. To be confident in a sustained […]