Author: driver789

Ethereum price continued consolidating near the $2,300 region on Tuesday as improving technical structure and a fresh bullish moving average crossover strengthened expectations for a possible move toward the $2,600 resistance zone. Summary Ethereum price formed a bullish 20-day and 50-day SMA crossover while continuing to trade inside an ascending channel pattern. ETH stabilized near $2,300 as whale wallets accumulated roughly 360,000 ETH during the recent correction phase. A breakout above $2,400 could open the door toward the $2,600 region near the 200-day moving average resistance. According to data from crypto.news, Ethereum (ETH) traded around $2,308 at press time on…

Make CryptoSlate preferred on JPMorgan filed a prospectus on May 12 for the JPMorgan OnChain Liquidity-Token Money Market Fund, ticker JLTXX. The fund invests exclusively in US Treasury securities and overnight repo collateralized by Treasuries and cash, targeting a $1.00 net asset value.JPMorgan manages it to meet the eligible reserve asset requirements that stablecoin issuers may need under the GENIUS Act framework.The filing categorizes JLTXX as a regulated yield-bearing cash instrument designed to sit near the stablecoin reserve stack as a cash management tool for institutions, with neither the fund shares nor the token balances carrying a stablecoin classification.Ethereum is…

Exodus Movement reported a net loss of $32.1 million for the first quarter of 2026, more than double the $12.9 million loss recorded in the same period last year, as the crypto wallet company liquidated the bulk of its Bitcoin treasury to fund acquisitions.Total revenue came in at $22.7 million for the three months ended March 31, down 36.8% from $36 million a year earlier, the company announced Monday.  Exchange aggregation, the company’s main business line, drove most of the decline, sliding $13.8 million, or 40.8%, as user trading volumes dried up.Monthly active users dipped to 1.5 million from 1.6…

ChainCatcher 消息，ARK Invest 首席执行官 Cathie Wood 表示，ARK 很高兴参与 Kalshi 最新一轮融资。其认为，预测市场正成为一种强大的新型金融基础设施，可围绕事件、概率以及世界状态变化实现实时价格发现。 Cathie Wood 表示，Kalshi 处于这一创新前沿，ARK 很高兴支持这样一支不断推动市场如何聚合与表达信息边界的团队，并祝贺其完成这一重要里程碑。 此前报道，Kalshi 宣布完成新一轮 10 亿美元融资，由 Coatue Management 领投，ARK Invest 等参投，投后估值达到 220 亿美元。这是该公司在过去 7 个月内的第三轮融资，每次新增融资后估值都大致翻倍。目前 Kalshi 月活跃用户约 200 万，年化交易量已高达 1780 亿美元，年化收入超过 15 亿美元。

The Ethereum community has launched Clear Signing, an open standard that aims to replace unreadable transaction prompts with human-readable details before users approve onchain actions.  Summary Ethereum Clear Signing turns unreadable transaction data into plain summaries before users approve wallet actions. Ledger, Trezor, MetaMask, WalletConnect and Fireblocks are early supporters of the new ERC-7730 security standard. The rollout follows Bybit’s hack, where attackers abused signing screens to approve a malicious transfer. The Ethereum Foundation said a working group of wallet developers, security firms and its Trillion Dollar Security Initiative released the standard on May 12. The change targets self-custody users…

JPMorgan has filed to launch a tokenized money market fund on Ethereum, allowing stablecoin issuers to hold reserves backing their stablecoins in a regulated, cash-like vehicle while earning interest.The “OnChain Liquidity-Token Money Market Fund,” ticker JLTXX, will invest in US Treasury bills and overnight repurchase agreements collateralized by US Treasurys or cash, according to a filing Tuesday with the US Securities and Exchange Commission. JLTXX seeks to comply with the GENIUS Act, a stablecoin-focused law signed in July. Investors are subject to a $1 million minimum investment, and the fund carries a 0.16% annual fee after waivers. The fund will be…

ChainCatcher 消息，链上金融应用 Legend 宣布将逐步关闭公司及产品服务。团队表示，Legend 最初希望通过更简单的产品界面，让主流用户更容易接触 DeFi 的跨链兑换、收益获取和支付功能。虽然产品获得了一批真实用户，但增长规模未能达到长期可持续运营所需水平，因此关闭业务是对团队及投资者而言最合适的决定。 Legend 表示，其最大的经验教训是，主流用户并不关心产品是否“链上化”，他们更关注收益、更快的支付体验以及对资金更高的控制权。团队认为，真正成功的产品不是向用户解释加密技术，而是将其完全隐藏在体验背后。根据公告，Legend 已停止新用户注册，现有用户需在 7 月 12 日应用关闭前完成资金提取，官方将在未来 60 天内持续通过邮件和通知提醒用户撤资，并在关闭后继续保留相关文档页面一段时间。

Ethereum whale Garrett Jin moved 577,896 ETH worth $1.35 billion to Binance over four days, per Lookonchain. Summary Garrett Jin transferred his entire 577,896 ETH position to Binance over four days, accumulating an estimated $1.3 billion in unrealized losses. Jin originally swapped Bitcoin for ETH eight months ago at around $4,591, well above the current trading price of approximately $2,300. Total Ethereum exchange reserves climbed from 14.36 million to 14.95 million ETH since May 5, per CryptoQuant data, adding supply pressure. An Ethereum whale identified as Garrett Jin deposited all 577,896 ETH worth roughly $1.35 billion into Binance over four…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum and its broader ecosystem are once again in the crypto spotlight following a recent statement by its founder. The founder has recently publicly declared the ETH network as the leading hub for AI operations, triggering a frenzy across the crypto community. Ethereum At The Center Of the AI Economy Vitalik Buterin, the founder of Ethereum, has made yet another bold statement regarding ETH and its evolving ecosystem. In the face of blockchain growth, the crypto figure is making a compelling link between the ETH network and…

Ethereum’s price has lagged behind Bitcoin at key moments, retail confidence is low, and every failed breakout has given critics another reason to argue that ETH has lost its place. However, some market experts are not buying that idea.  One of those market experts taking the opposite side of that argument is Tom Lee. The Fundstrat co-founder and BitMine chairman has continued to defend Ethereum’s long-term setup, with his 2026 ETH target around $12,000. The $10,000 Ethereum Case Is Bigger Than One Prediction Tom Lee is one of the more vocal names in the bullish camp for Ethereum. The Fundstrat…