Ethereum (ETH) is flashing technical patterns unseen since its last bull market peak, fueling bold $5,000 price predictions among top analysts. Amidst a slight weekly pullback, signs of underlying strength have emerged, with increasing on-chain activity and significant institutional buying setting the stage for a potential major breakout if key resistance levels crumble. Technical Crosscurrents…
There has been a sharp decline in altseason social engagement, with volume and dominance both retracing to April levels, according to Santiment. The slump comes despite strong July catalysts such as regulatory progress, real-world asset tokenization momentum, Ethereum’s revival, and record ETF inflows. “Yet crowd attention hasn’t rotated into altcoins,” observed analyst Chyan on Wednesday….
Former BitMEX CEO Arthur Hayes has warned that the global financial system is headed for its largest money-printing episode in history. He argues that the U.S. faces economic collapse unless it injects at least $9 trillion into the economy, a move that would trigger Bitcoin’s rise to $250,000. Hayes’s $9T Debt Doom Loop Hayes’ analysis,…
“When Larry Fink says all stocks, bonds, and real estate can be tokenized, believe him,” said crypto asset manager Bitwise on Wednesday. The comment in reference to the BlackRock boss came alongside a chart showing that real-world asset (RWA) onchain value had surged to an all-time high of just under $25 billion. More recent data…
TL;DR Around 120,000 BTC were bought during the recovery from $112K to $114K, showing buyer interest. Long-term holders locked in $44 million profit during the price bounce, signaling cautious selling. US liquidity growth and rate cut expectations may support altcoins if current trends continue. Buyers Enter Near 112K Roughly 120,000 BTC were bought as Bitcoin…
Tornado Cash developer Roman Storm has been found guilty of operating an unlicensed money transmitting business. This follows four days of deliberations, in which the jurors in the case were unable to reach a verdict on some charges, resulting in a deadlock. A Divisive Case with Industry-Wide Implications Storm had been indicted on three charges:…
TL;DR Analyst Crypto King says XRP could reach $7, more than doubling from current price levels. Over 700 million XRP tokens exited Binance in two weeks, reducing exchange selling pressure. XRP’s NVT ratio rose 44% in 24 hours, with value outpacing network activity on-chain. Ripple awaits SEC response that may settle XRP’s legal status and…
One of the leading decentralized exchanges received words of encouragement from a prominent figure in the crypto space. Even though the project’s results are significant, it can’t seem to return to its prior feats, and there are growing concerns about governance. More Room to Grow Matt Hougan, Chief Investment Officer at Bitwise, the largest provider of…
Changpeng Zhao (CZ) has filed a motion to dismiss a $1.76 billion lawsuit brought against him by the FTX bankruptcy trust. He says the court has no legal authority over him because he lives in the United Arab Emirates (UAE). CZ’s Defence According to a Bloomberg report, his legal team submitted the motion on Monday…
Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-7999, a proposal to overhaul the network’s fee structure by unifying multiple resource costs under a single maximum fee. The move aims to simplify transaction pricing while improving capital efficiency, addressing long-standing concerns about Ethereum’s complex fee market design. A Unified Approach to Ethereum’s Fee…