Tom Lee Links Ethereum Weakness to Rising Oil Prices

Despite near-term weakness, Lee still sees tokenization and AI-related infrastructure as long-term drivers for ETH.  ;  }  function loadTrinityPlayer(targetWrapper, theme,extras=“”) {  cleanupPlayer(targetWrapper); // Always clean first ✅  targetWrapper.classList.add(‘played’);  // Create script  const scriptEl = document.createElement(“script”);  scriptEl.setAttribute(“fetchpriority”, “high”);  scriptEl.setAttribute(“charset”, “UTF-8”);  const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);  scriptURL.searchParams.set(“pageURL”, window.location.href1);  scriptEl.src = scriptURL.toString();  // Insert player  const placeholder = targetWrapper.querySelector(“.add-before-this”);  placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);  }  function getTheme() {  return document.body.classList.contains(“dark”) ? “dark” : “light”;  }  // Initial Load for Desktop  if (window.innerWidth 768) {  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),  });  }  }  // Mobile Button Click  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),  });  }  function reInitButton(container,html){  container.innerHTML = + html;  }  // Theme switcher  const destroyButton = document.getElementById(“checkbox”);  if (destroyButton) {  destroyButton.addEventListener(“click”, () = {  setTimeout(() = {  const theme = getTheme();  if (window.innerWidth 768) {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if(desktopWrapper.classList.contains(‘played’)){  loadTrinityPlayer(desktopWrapper, theme,  }else{  reInitButton(desktopWrapper,‘’)  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘  });  }  }  } else {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if(mobileWrapper.classList.contains(‘played’)){  loadTrinityPlayer(mobileWrapper, theme,  }else{  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,  });  }  }  }  }, 100);  });  }  })();  According to Bitmine Chairman Tom Lee, rising oil prices are the biggest reason Ethereum (ETH) has been struggling, and he says the inverse correlation between the two assets has hit the highest level ever recorded.  His observation has come at a time when ETH is trading near $2,100, down roughly 3% in 24 hours and

05-20Ethereum

Ethereum’s Vitalik Buterin Explains How AI Could Make Smart Contracts Truly Secure

The post Ethereums Vitalik Buterin Explains How AI Could Make Smart Contracts Truly Secure appeared first on Coinpedia Fintech News  Ethereum co-founder Vitalik Buterin has published a detailed argument that AI-assisted formal verification could fundamentally change how secure software is built, pushing back against growing pessimism in the cybersecurity community about whether trustless systems can survive increasingly powerful AI-driven attacks.  “Many people have claimed that with AI-assisted bug finding, secure code will be impossible,” Buterin wrote. “I have a much more optimistic take, and AI-assisted formal verification is a major part of the reason why.”  What Formal Verification Actually Is  Formal verification is the practice of writing mathematical proofs about code that can be checked automatically by a computer. Rather than testing software and hoping bugs do not appear, developers write proofs that mathematically guarantee a piece of code behaves exactly as intended under all conditions.  Many people have claimed that with AI-assisted bug finding, secure code (and hence trustless anything) will be impossible.  The technology has existed for decades but remained niche because writing these proofs by hand is extremely difficult and time-consuming. Buterins argument is that AI changes this equation dramatically. AI can write both the code and the proofs, while humans simply verify

05-20Ethereum

Bitcoin And Ethereum Hit By $2.2B In Sell Pressure: Analyst Explains Coordinated Market Selloff

Sebastians journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.  As his knowledge grew, Sebastian felt compelled to share his insights with others. He began actively contributing to online discussions on platforms like X and LinkedIn, focusing on fintech and crypto-related content. His goal was to expose valuable trends and insights to a wider audience, fostering a deeper understanding of the rapidly evolving crypto landscape. Sebastians contributions quickly gained recognition, and he became a trusted voice in the online crypto community.  To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.  Sebastians passion for finance and writing is evident

05-20Ethereum

Ethereum sees $246mln in liquidations – Can ETH hold $2015 support?

Ethereum entered a volatile stretch after a sharp liquidation wave erased bullish positions across the market.  Over the past 24 hours, nearly $246 million in long positions were wiped out. That forced selling added pressure as automated liquidations pushed prices lower.  The decline became more fragile as trading activity weakened alongside the sell-off.  Lower volume often reduces the markets ability to absorb aggressive selling. That setup can leave prices vulnerable to sharper downside swings.  Source: CoinGlass  The recent liquidation spike reflected how quickly bullish sentiment weakened after Ethereum lost momentum.  When leveraged long positions begin closing rapidly, the selling pressure tends to feed on itself. That chain reaction often accelerates short-term declines.  Having said that, the drop in trading volume made conditions even more unstable.  Fewer buyers stepped in during the decline, limiting the markets ability to slow the downward move. That left traders focused on whether stronger demand could return near key support levels.  Why are whales still buying ETH?  Amid the broader decline, one whale linked to Matrixport continued increasing its Ethereum long exposure.  The wallet reportedly held around 120,000 ETH worth nearly $254 million. The position also carried over $17.5 million in unrealized losses.  Source: X  That move suggested strong conviction despite weakening market conditions.  Even so, adding to leveraged positions

05-20Ethereum

Staked ETH Hits 31% of Supply, Citi Says Bitcoin Faces Larger Quantum Risk

Bitcoin‘s structural exposure stems from an estimated 6.7 to 7 million coins parked in addresses where public keys are already visible on-chain, including roughly one million attributed to the network’s pseudonymous creator. A sufficiently capable quantum machine could theoretically derive private keys from those exposed outputs and redirect funds. Ethereum is not immune; the analysts noted that a quantum-enabled adversary could in principle accumulate enough private keys to control about 33% of staked Ether, enough to disrupt block finality. Yet the relative ease of pushing protocol changes through Ethereums consensus mechanism gives developers more runway to harden defenses preemptively.  Spot Ether trades near $2,124, holding marginally above the immediate $2,121 support with the next defensive zone at $2,053 and a deeper line at $1,942. Resistance is stacked at $2,131, $2,236, and $2,321, framing a tight near-term battle just overhead. The relative strength index at 35 sits close to oversold territory while MACD remains bearish, consistent with the broader downtrend and lingering bear market tone. A reclaim of $2,131 on expanding volume would open room toward $2,236; failure to defend $2,121 risks a flush to $1,942 and would invalidate any near-term recovery thesis built on this weeks accumulation signal.

05-20Ethereum

SBI, Rakuten eye Bitcoin and Ethereum trusts – What it means for Japan

As Japans major brokerages gradually expand toward digital assets, crypto increasingly continues to move deeper into mainstream financial infrastructure.  Earlier adoption had already remained concentrated around crypto-native exchanges rather than traditional brokerage investment products.  That structure now appears to be shifting since SBI and Rakuten accelerated preparations for Bitcoin [BTC] and Ethereum [ETH] focused investment trusts.  Nomura, Daiwa, and several Mizuho-linked firms also continue studying similar offerings beneath evolving Financial Services Agency regulatory frameworks.  Source: X  Institutional conviction, meanwhile, strengthened after Nomuras 2026 survey showed nearly 80% of professional investors planning crypto allocations between 2% and 5%.  That momentum increasingly signals crypto maturing into a standardized portfolio asset. However, tighter regulation and slower rollout timelines could still moderate broader retail participation despite rising institutional demand.  Japans regulatory reforms deepen crypto market integration  As Japan gradually reshapes its crypto regulations, institutional confidence continues to strengthen increasingly across traditional financial markets. Earlier uncertainty had already limited broader participation despite rising demand for regulated digital asset exposure.  That environment started shifting after Japan approved reforms moving major cryptocurrencies beneath the Financial Instruments and Exchange Act during April 2026.  Stronger disclosure standards and insider trading restrictions increasingly reduced compliance concerns surrounding digital asset participation. Investor protections also strengthened confidence as regulators pushed crypto closer

05-20Ethereum

Why Are Bitcoin, Ethereum and XRP Prices Crashing Despite the CLARITY Act Breakthrough?

The post Why Are Bitcoin, Ethereum and XRP Prices Crashing Despite the CLARITY Act Breakthrough? appeared first on Coinpedia Fintech News  The CLARITY Act just cleared the Senate Banking Committee in the most significant regulatory breakthrough for crypto in US history. Bitcoin should be rallying, but instead it is down $6,000 since the vote advanced the bill to the full Senate, wiping $126 billion from its market cap. Ethereum fell more than 10%, erasing $30 billion. The total crypto market cap has dropped $190 billion in just five days.  Reason One: Sell the News  The CLARITY Act rally was priced in during the weeks of anticipation leading up to the markup vote. The moment the bill actually advanced, traders who bought in anticipation of the event sold into the confirmation. This pattern has played out across crypto at every major regulatory milestone and Thursday was no different.  The bill still needs 60 Senate votes, House reconciliation, and a presidential signature.  Reason Two: Iran Tensions Are Back  Trumps warning to Iran that “the clock is ticking” earlier this week sent oil above $107 a barrel and triggered a broad risk-off move across global markets. Crypto sold off alongside equities as geopolitical fear returned.  Reason Three: Technical Rejection at

05-20Ethereum

Ethereum Price Stabilizes After Selloff, But Bears Still Hold Advantage

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.  From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.  As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.  In addition to his roles in finance

05-20Ethereum

Ethereum (ETH) Whale Accumulation Surges as Bitmine Adds $150M in Fresh Holdings

Bitmine acquired 71,672 ETH in recent purchase, expanding total reserves to 5.278 million ETH (valued at approximately $11.05 billion)Chairman Tom Lee views current ETH prices under $2,200 as compelling entry pointEthereum has declined 8.7% in the weekly timeframe, currently hovering between $2,100–$2,128Long-dormant Ethereum whale resumes accumulation after selling entire position twelve months ago, according to Lookonchain dataCritical support zone at $2,108 remains in focus, with additional floors at $1,909 and $1,741 if breakdown occurs  Bitmine Immersion Technologies executed a substantial acquisition of 71,672 Ether tokens over the preceding week, elevating the companys aggregate position to 5.278 million ETH. Based on prevailing market valuations, this cryptocurrency reserve represents approximately $11.05 billion in total value.  Ethereum (ETH) Price  On Monday, Chairman Tom Lee publicly disclosed the acquisition, characterizing Ethereum‘s recent descent beneath the $2,200 threshold as “an attractive opportunity.” This positions Bitmine as the world’s preeminent corporate holder of ETH and establishes it as the second-largest institutional cryptocurrency treasury globally, trailing only Michael Saylors Strategy.  BITMINE BOOSTS ETH STACK TO 5.28M  Bitmine acquired 71,672 ETH in one week, bringing its total holdings to 5.28 million $ETH, 4.37% of Ethereums supply.  The company now holds $12.6 billion in crypto and cash, including 4.71 million staked ETH worth about $10.3

05-20Ethereum

Ethereum Price Slips 10% Behind Bitcoin as DeFi Engine Loses $43 Billion

Ethereum (ETH) price is stalling near $2,140 as a sharp DeFi erosion since January now matches a bearish chart structure carved out over the past seven weeks.  The lag against Bitcoin and a sliding holder cohort suggest the price weakness may be more than a routine pullback. The structure on the daily chart and the on-chain data tell the same story from different angles.  Ethereum Price Mirrors DeFi TVL Collapse Since January Peak  Ethereum has carved an inverted cup pattern on the daily chart between March 29 and May 18. The current rebound looks more like a handle of the inverted cup.  The formation is a bearish setup where price peaks in the middle of a rounded top and then forms a brief recovery handle. The pattern signals continuation lower if the cups neckline breaks.  Ethereum Inverted Cup and Handle: TradingView  The price structure tracks the networks deteriorating DeFi position. Ethereum DeFi TVL has fallen from $106.687 billion on January 15 to $62.957 billion as of May 18, a drop of nearly 41% in four months.  The damage extends into the same window that produced the bearish pattern. Around late March, just before the inverted cup began forming, the network‘s DeFi TVL stood near $80.32 billion. It

05-20Ethereum
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