Ethereum is trading close to $2.1k to close out Q1 2026, and the picture remains largely unchanged from recent weeks. It’s a market that has lost more than half its value from the late-2025 highs and is struggling to build any conviction on the recovery. With macro headwinds persisting and altcoins broadly underperforming, ETH continues…
South Korea’s Naver Financial has delayed plans for its share swap with crypto exchange Upbit’s parent firm Dunamu. Summary Naver Financial has delayed its share swap with Dunamu by nearly three months, with a shareholder vote set for Aug. 18 and completion now expected on Sept. 30. The deal remains subject to regulatory approvals and…
The Ethereum Foundation, the non-profit that funds protocol development and ecosystem growth on the Ethereum blockchain, staked 22,517 ETH worth about $46 million on Monday, their biggest single staking deployment to date, according to Arkham Intel data. THE ETHEREUM FOUNDATION IS STAKING ETH The Ethereum Foundation just staked $46.2M of ETH. This is more ETH…
Both Deaton and Garlinghouse agree that another Gensler experience could lead to further weaponization of crypto policy in the U.S. The pro-XRP attorney John Deaton has concurred with recent remarks by Ripple CEO Brad Garlinghouse that the United States cannot afford another Gary Gensler experience. He was the former chair of the U.S. Securities…
Ethereum price reclaimed the $2,000 level on Monday as investors priced in hopes of potential de-escalation in the ongoing conflict in the Middle East. Summary Ethereum price reclaimed the $2,000 level amid optimism over potential U.S.–Iran peace talks, easing geopolitical risk sentiment. Institutional developments supported gains, with BNP Paribas launching crypto-linked ETNs and the Ethereum…
The crypto market rebounded 1.2% on Monday to $2.4 trillion in a relief rally amidst signs of potential de-escalation of the ongoing U.S. and Iran war in the Middle East. Summary The crypto market rebounded modestly as hopes of U.S.–Iran de-escalation eased risk-off sentiment, lifting major assets including Bitcoin and Ethereum. Relief rally came despite…
Hash price collapse driven by BTC correction and record network difficulty leaves a significant fraction of miners in the red. The current hash price environment is squeezing Bitcoin miners’ profitability. CoinShares estimates that 15-20% of the global mining fleet is operating at a loss at the current hash price of $28-30 per PH/day. In…
Peter Van Valkenburgh has warned that the crypto industry may lose a rare chance to secure clear legal protections in the United States. Summary Van Valkenburgh said CLARITY would protect developers from crackdowns driven by politics, discretion, and fear. The Senate stalled the bill as banks and crypto firms clashed over stablecoin yields rules. Without…
The SEC fined Nvidia $5.5M for not disclosing how crypto mining affected its revenue, forming part of the backdrop to the class action. A U.S. district court has allowed a class action lawsuit against Nvidia and CEO Jensen Huang to proceed following investor claims that over $1 billion of the company’s crypto revenue was…
BNP Paribas is widening its digital asset offering in France by adding six crypto-linked exchange-traded notes for retail investors. Summary BNP Paribas will launch six Bitcoin and Ether ETNs for clients in France on Monday. Clients can access crypto price exposure through securities accounts without buying or storing Bitcoin directly. The launch extends BNP Paribas’…
