Buyers of BlackRock and Fidelity’s spot Ether ETFs are at an average unrealized loss of around 21%, says Glassnode.
Aave founder Stani Kulechov says the Ethereum Foundation is now both supplying and borrowing from Aave, completing what he calls “the full DeFi circle.”
Solana’s reliance on memecoins threatens long-term growth as Ethereum gains strength through layer-2 expansion.
Bubblemaps aims to offer forensic-grade analytics tools for Web3 users to help navigate the rise of insider scams and rug pulls in the crypto industry.
Key takeaways: 97% of ETH put options will expire worthless if ETH holds above $2,600. A bullish ETH price outcome could be limited by macroeconomic factors and trading strategies that cap Ether gains. On May 30, $2.4 billion in Ether (ETH) options will expire—an event that could support ETH’s attempt to break above the $2,700 mark for the first time in over three months. Despite the recent gains, Ether is down 21% in 2025, while the broader cryptocurrency market has […]
Key point: Bitcoin’s market structure is still bullish, even as a phase of profit taking and consolidation sets in. Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that profit-taking generally follows after Bitcoin hits a new all-time high after a sharp rally. The report added that a mild retracement or consolidation would be healthy and lay the foundation for the next leg […]
The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users. The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch set for June. The new blockchain will enable users to earn higher yields and explore DeFi in a “unique, optimized yield environment” that unlocks latent […]
Key takeaways: Ethereum has reclaimed a key level that preceded 100%+ rallies and triggered past altseasons. Altcoin market cap could surge toward $15 trillion if Bitcoin dominance repeats its post-halving drop. Despite bullish signals, ETH remains fragile, with $123B in supply near cost basis at risk of flipping into a loss. Ethereum’s native token, Ether (ETH), has reclaimed a key technical level that has historically preceded sharp price gains and marked the start of an “altseason” across multiple market cycles […]
Betting platform SharpLink Gaming has launched an Ethereum-based corporate treasury strategy and nominated Ethereum co-founder Joseph Lubin as chairman of its board of directors, the company announced May 27. According to the announcement, SharpLink Gaming, a publicly traded company on Nasdaq, entered into a securities purchase agreement for a private investment in public equity worth $425 million. Ethereum infrastructure firm Consensys was among the investors. “On close, Consensys looks forward to partnering with SharpLink to explore and develop an Ethereum […]
Layer-1 blockchain Solana may be evolving into a “one-trick pony” for memecoin generation and trading, according to a recent Standard Chartered report. According to a May 27 Standard Chartered research report shared with Cointelegraph, Solana “dominates in areas that demand high-volume, low-transaction-cost solutions” due to its design prioritizing fast and cheap transaction confirmation. The report suggested that this has had an unintended consequence: “So far, this has been mostly in memecoin trading, which accounts for the majority of activity on […]