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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 I don’t see ETH being rerated as an asset, higher or lower.” The argument is not that Ethereum has failed. Hoffman’s thesis is more uncomfortable for ETH holders: Ethereum ma...

Rising tensions could destabilize the Middle East, impacting global oil markets and increasing the risk of broader military conflicts.
The post Israel intensifies military actions as US-Iran tensions rise in Strait of Hormuz appeared first on Crypto Briefing.

SK Hynix's market surge highlights AI's transformative impact on tech investment, underscoring the strategic importance of memory innovation.
The post SK Hynix surpasses $1T market value amid AI chip boom appeared first on Crypto Briefing.

Yi He's recognition underscores the growing influence of women in crypto, potentially inspiring more diverse leadership in the tech industry.
The post Binance co-CEO Yi He named in Fortune’s Most Powerful Women list appeared first on Crypto Briefing.

The EU's move towards digital sovereignty could inspire global shifts in tech procurement, impacting innovation and market dynamics.
The post European Union debates limits on Big Tech access to cloud tenders appeared first on Crypto Briefing.

BitMine Immersion Technologies just executed its largest single ETH purchase of the year, supporting their price prediction for Ethereum.
The post Ethereum Price Prediction: Tom Lee Is Back Buying ETH as BitMine Approaches 5% Supply appeared first on Cryptonews.

Ex-chairman Montezemolo warns Ferrari's Luce risks 'destruction of a legend' as RACE shares fall 6% after Rome reveal.
The post Ferrari Ex-Chairman Warns New Luce EV Risks ‘Destruction of a Legend’ appeared first on BeInCrypto.