Ethereum News

SharpLink Gaming and BitMine Immersion enter the index despite mixed earnings results as Ethereum trades down more than 4% in the past 24 hours.

Retail traders on Stocktwits had expected a stronger Bitcoin rally due to new Federal Reserve Chair Kevin Warsh’s reputation as a ‘pro-crypto’ policymaker.

Bitcoin has still gained more than 16% since the conflict began, while gold prices have declined over 15%.

BMNR chairman Tom Lee pointed to the April FOMC minutes, which warned policymakers may need additional “policy firming” if inflation remains above the Fed’s 2% target.

Bitcoin and Ethereum traded lower after Nvidia’s earnings report, with crypto markets struggling to gain momentum despite strong results from the AI chipmaker.

ZEC gained more than 12% on Wednesday and led gains among crypto majors.

South Korea’s Fair Trade Commission regulates the sector, which handles approximately $7.2 billion in consumer prepayments.

Wintermute said Ethereum is the “wrong asset for this macro” backdrop, citing weakness across both spot and derivatives markets.

Wintermute said Nvidia’s earnings report later Wednesday could determine whether Bitcoin holds key support levels between $76,000 and $78,000.

Helius Founder Mert Mumtaz said AI-driven deanonymization is reviving demand for privacy coins like Zcash over assets like XRP.

Cuban’s comments were in response to X users who argued that expanding crypto regulation would do more harm than good in the long run.

The overall cryptocurrency market dropped 2.2% in the last 24 hours, reducing total market capitalization to roughly $2.6 trillion.

Tom Lee said the company viewed Ethereum below $2,200 as an “attractive opportunity” and reaffirmed Bitmine’s goal of reaching the 'alchemy of 5%' in 2026.

The Fundstrat co-founder said macro inflation fears are overshadowing Ethereum’s longer-term tokenization narrative.

Brown University kept its 212,500-share in BlackRock’s Bitcoin ETF position, while Emory University sold it for a larger stake in Grayscale’s Bitcoin ETF.

Staking is not included in either application, reflecting regulatory caution as Canary Capital seeks a staked TRX ETF under the crypto-friendly Atkins-era SEC.

Stornetta said Satoshi built Bitcoin on the “early blockchain layer” co-developed by him, whose 1991 cryptographic timestamping paper later became foundational to blockchain technology.

Tom Lee said tokenization of real-world assets and AI-agent wallets as the main blockchain use cases for banks.

Other investors on Stocktwits defended BMNR’s long-term Ethereum staking and treasury strategy, stating that the current decline could present a buying opportunity.

Coinbase shares climbed nearly 10% to a three-month high after the Senate Banking Committee advanced the CLARITY Act and Bitcoin’s price crossed $82,000.

Patrick Witt also called out Democratic opposition and referenced Senator Elizabeth Warren in comments ahead of the markup.

Bitcoin fell below $80,000 ahead of the Senate Banking Committee’s CLARITY Act markup on hotter-than-expected inflation data and the largest single-day of net outflows from BTC ETFs since January.

Jane Street sharply reduced its holdings in major Bitcoin ETFs, including IBIT and FBTC, during the first quarter of 2026.

In a post on X, MN Fund chief investment officer Michael van de Poppe said Bitcoin’s price could rally to $90,000 after the expected CLARITY Act markup in the Senate tomorrow.

Economists expect headline inflation to rise 3.8% year-over-year and 0.6% month-over-month.

On Monday, BitMine increased its Ethereum holdings to 5.2 million ETH but slowed its weekly buying, reducing it from over 100,000 to 26,659 ETH.

Bit Digital shares climbed nearly 20% in midday trading, putting the stock on track for its largest single-day gain in more than a year.

Retail traders on Stocktwits linked XRP’s strength to growing expectations that the CLARITY Act could advance in the Senate this week.

Bitmine’s drop in Ethereum accumulated over the past week comes after Tom Lee said last week that the company may intentionally slow down to focus on “other things” in the cryptocurrency industry.

Santiment noted that traders should watch for Tether flows returning to exchanges, which could signal fresh buying pressure across crypto markets.

Sigel said VanEck is "underweight" on Ethereum and Solana due to investor protection concerns and higher returns from listed blockchain infrastructure assets.

Nearly $300 million in crypto positions were liquidated over the past 24 hours, with long traders accounting for most losses.

SharpLink Gaming CEO Joseph Chalom said at Consensus Miami 2026 that the bear case for crypto and Ethereum is now “very small” due to accelerating institutional adoption.

Tom Lee’s comments come after Strategy paused its Bitcoin accumulation last week, and executive chairman Michael Saylor said that the company might even sell some of its BTC holdings.

Bitwise announced on Thursday it will take over management of the $267 million Superstate Crypto Carry Fund starting June 1.

Dogecoin and Ethereum led losses among major cryptocurrencies, falling 4.2% and 3.6%, respectively.

The LinkedIn co-founder said that cryptographic proofs and decentralized systems offer advantages over traditional infrastructure.

Despite Bitcoin reclaiming key levels, traders are increasingly betting against the rally.

White House advisor Patrick Witt said Section 1960 is the final major hurdle in passing the CLARITY Act, but shall be resolved “very soon.”

Strive added 444 Bitcoin, while Bitmine Immersion Technologies bought 101,745 Ethereum to add to their respective treasuries.

Analyst Maartunn suggested $79,000 for confirmation, while PlanC suggested an increase over $80,000 might push prices to $90,000 to $100,000.

Jordi Visser called the change “your capex is my opportunity” and said a few significant players were driving growth and liquidity.

Gerstein Harrow, known for pursuing claims against DAOs, is seeking to apply a traditional court judgment to crypto assets held within Arbitrum’s governance structure, said ZachXBT.

Crypto exploits saw a record month in April, with more than 500 long-dormant Ethereum wallets drained and total losses of around $800,000.

Trump-backed WLFI’s founder team token allocation discrepancies and limited disclosure raised concerns around transparency and supply distribution.

Bitcoin’s price rose to an intraday high of nearly $80,000 as oil prices eased after reports of a potential Iran-U.S. peace deal.

Dogecoin rose more than 17% in April and gained over 11% in the final week, outperforming all major cryptocurrencies in that period.

Coinbase’s new fund generates yield by lending to borrowers in the digital asset ecosystem rather than paying interest on stablecoin balances.

The company announced it had bought 101,901 Ethereum over the past week, and has staked 3.7 million of its total ETH holdings in MAVAN.

Cardano and Solana led losses among the top 10 cryptocurrencies by market capitalization.