David Hoffman, co-founder of Bankless and longtime Ethereum supporter, has sold all his personal Ether (ETH) but remains optimistic about Ethereum's future. He clarified that the sale was not due to loss of faith or short-term bearishness but because he believes ETH is fairly valued given Ethereum's current economic design. Hoffman highlighted Ethereum's role as a low-cost infrastructure supporting applications and layer-2 networks, and noted that fee revenue cycles are key to major price moves, which Ethereum hasn't sustained recently. Despite selling ETH, he continues to support the network and has shifted his capital to other market opportunities amid Ethereum's prolonged price consolidation and competition from rival blockchains.
Ethereum (ETH) surged past the $1,894.89 resistance level, accelerating its recovery toward the $1,940–$1,950 zone after days of consolidation. This breakout was supported by lower-than-expected U.S. inflation data, which boosted risk appetite and bu...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
