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.
As of May 28, 2026, the top 10 cryptocurrencies with market caps over $8 billion, excluding stablecoins, highlight strong institutional backing and real-world use. Bitcoin leads with $1.46 trillion market cap, boosted by spot ETFs and BlackRock's mas...
Standard Chartered's Geoffrey Kendrick likens Ethereum's recent price drop to Amazon's share price after the 2001 dot-com bust, emphasizing that Ethereum's fundamentals are improving despite the slump. The bank maintains a bullish price target of $4,...
The crypto market is experiencing a broad sell-off with major coins like Bitcoin near $73,000, Ethereum around $2,000, and Solana below $85, all showing negative performance. This decline contrasts sharply with the S&P 500 reaching new all-time highs...
Standard Chartered reaffirms a $40,000 price target for Ethereum by 2030, highlighting a disconnect between ETH's current price around $2,000 and its robust network activity and DeFi dominance. The bank compares Ethereum's situation to Amazon after t...
President Trump asserts he saved the US crypto industry by signing the GENIUS Act for stablecoins, creating a Strategic Bitcoin Reserve, and appointing pro-crypto officials. These policies initially boosted Bitcoin prices, but overall crypto markets ...
