Author: driver789

Bankless co-founder David Hoffman said he sold his ETH after concluding that the “ETH is money” thesis has largely played out, marking a notable shift from one of Ethereum’s most visible public advocates. Hoffman said he remains “massively bullish” on Ethereum as a network, but no longer sees a clear path for ETH, the asset, to receive a structural rerating from here. “For someone who built a career, community, identity, and business around Ethereum, this choice does not come lightly,” Hoffman wrote. “The ETH is Money thesis didn’t fail… it played out. Ethereum got the ETH price it deserves, and…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…

Bankless co-founder David Hoffman said he sold his ETH after reassessing the long-running “ETH is money” thesis.  Summary Hoffman sold his ETH after saying the asset’s money thesis has largely played out now. He remains bullish on Ethereum, but says apps and L2s may capture more value directly. Related crypto.news coverage shows stablecoins, L2 fixes, and ETH treasuries still driving activity across Ethereum. In a May 26 X post, Hoffman wrote that Ethereum has earned its current market position, but he sees less room for ETH to receive a new structural rerating from the market. Hoffman said the sale does…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows an ancient Ethereum wallet containing 2,000 ETH that had been inactive for nearly 11 years has suddenly come back to life. Ethereum OG Wallet Has Turned $620 Into $4.2 Million According to data from cryptocurrency transaction tracker service Whale Alert, an old Ethereum wallet has just broken a 10.8-year phase of dormancy. The address in question held a total of 2,000 ETH, worth $620 back in 2015. The wallet is so old that Whale Alert classifies it as a pre-mine address. In the context…

ChainCatcher 消息，一名未知交易员于周二在暗池市场抛售价值约 13 亿美元的贝莱德比特币现货 ETF IBIT，引发市场关注。数据显示，该交易员于 UTC 时间 14:30 左右卖出 29,200,000 股 IBIT，成交价为 43.16 美元。受此影响，比特币价格在 10 分钟内由 77,875 美元跌至 76,720 美元，跌幅约 1.5%，随后进一步下探至 75,600 美元附近。Galaxy Digital 研究主管 Alex Thorn 表示，这是其见过规模最大的 IBIT 暗池交易。彭博 ETF 分析师 Eric Balchunas 则称，该笔交易规模超过当天第二大 IBIT 卖单的 22 倍。此外，美国比特币现货 ETF 已连续 8 个交易日出现净流出。周二单日净流出约 3.336 亿美元，其中 IBIT 流出约 1.924 亿美元。自 5 月 14 日以来，比特币 ETF 累计净流出已超过 20 亿美元。报道称，Jane Street 在今年第一季度削减约 70% 的比特币 ETF 持仓，高盛也减持约 10% 的相关仓位。

TeraWulf has bought a Kentucky site designed for more than 1 gigawatt of AI and high-performance computing capacity, a move that makes the company’s pivot away from pure Bitcoin mining impossible to ignore. Summary The Muskie Data Campus in eastern Kentucky is expected to support more than 1 GW of data center capacity on a roughly 285-acre parcel inside a 1,000-acre industrial park. TeraWulf says the first 500 MW should begin delivery in the second half of 2028, with a second 500 MW phase targeted for the second half of 2030. The company reported $34 million in Q1 revenue, including…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…

BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…

SharpLink has secured inclusion in the Russell 2000 and Russell 3000 indexes, adding another milestone to the company’s push into Ethereum-based treasury management. Summary SharpLink will join the Russell 2000 and Russell 3000 indexes on June 29 as institutional interest in crypto treasury firms grows. The company reported $12.1 million in quarterly revenue while recording a $685.6 million net loss tied mainly to Ethereum-related impairments. SharpLink also expanded its Ethereum strategy through a proposed $125 million on-chain yield fund with Galaxy Digital. According to a report shared by Wu Blockchain, the Nasdaq-listed company, which trades under ticker SBET, will join…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Despite recording multiple price declines in recent weeks, a crypto market expert believes that Ethereum (ETH) could still stage its biggest comeback in history. The analyst has projected a massive price spike toward $3,300, expecting it to occur within just a few weeks. He has attributed this bullish forecast to a recent shift in market dynamics, with buyers now returning after a long period of selling pressure and volatility.  Ethereum Forecasted To Nearly Double In Value Soon A pseudonymous TradingView crypto analyst known as Mrlaimfx09 has shared…