Tom Lee, co-founder of Fundstrat, forecasts Ethereum as the leading Layer 1 blockchain for the emerging AI and robotics economy, setting a bold price target of $250,000 per ETH. He argues that autonomous machines will require a trust-minimized, fast, and efficient settlement layer, which Ethereum provides through its proof-of-stake network and extensive ecosystem. Lee highlights Ethereum's advantage in hosting the largest developer and DeFi community, making it the preferred platform for tokenizing real-world assets and enabling machine-to-machine transactions. His conviction is backed by BitMine's multi-million dollar ETH purchases and contrasts Ethereum's strong performance against AI-related stocks, signaling a potential supercycle driven by institutional adoption and tokenization.
Ethereum's price struggles near $2,400 after failing to sustain a recovery toward $2,500, with a 13% decline over the past month. Leveraged selling has triggered significant liquidations, raising the risk of a drop below $2,300, which could expose de...
Uniswap has launched Aggregator Hooks across Ethereum, Base, and Robinhood Chain, allowing external liquidity to integrate with its v4 pools and expanding trading routes. Despite a large 180,000 UNI deposit to Binance raising selling concerns, spot b...
Ethereum's price hovered near $2,395 on October 23, pressured by $110.6 million in U.S. spot ETF withdrawals and a delay in the Glamsterdam upgrade due to smart-contract compatibility issues. An early investor also sold 3,000 ETH, adding to cautious ...
In the latest 24-hour crypto fund flow data, Bitcoin (BTC) experienced a net outflow of $43.60 million, with $1.87 billion inflows and $1.92 billion outflows. Ethereum (ETH) led net inflows, attracting $77.08 million with $1.02 billion inflows agains...
Open interest and trading volume for ETH, SOL, and XRP options reveal a strong preference for call options ahead of the October 30 expiry, especially for XRP which shows the strongest call bias. ETH has a slight put bias in trading volume despite mor...
