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Ethereum price drops under $2,000; how low can it go？

Ethereum has fallen below the $2,000 level for the first time since March as weakening on-chain activity, ETF outflows, and renewed geopolitical tensions added pressure to the second-largest cryptocurrency.　　According to data from CoinGecko, $ETH dropped to an intraday low below $1,970 on Wednesday after losing a key psychological support zone that had held for nearly two months.　　Ethereum lost the key level alongside the broader crypto market, which also weakened, with total market capitalization falling 3.43% to $2.46 trillion after reports emerged of a US airstrike on an Iranian military facility near the Strait of Hormuz.　　The development pushed investors away from risk assets amid fears of further instability in the Middle East.　　Bitcoin also slipped below $73,000 during the selloff, while major altcoins posted losses across the board.　　Why is Ethereum price falling？　　Fresh on-chain data added to Ethereums weakness.　　Arab Chain said Ethereum exchange withdrawals over the past 30 days dropped to around 16.05 million $ETH, the lowest reading since June 2024.　　Lower withdrawal activity can indicate that fewer investors are moving $ETH off centralized platforms for long-term holding, especially during periods of weak price action.　　Binance recorded the largest Ethereum withdrawals at roughly 7 million $ETH, followed by OKX with around 1.43 million $ETH and

05-29

Ethereum Price Today: Standard Chartered Forecasts ETH to Hit $4,000

Ethereum　　Ethereum Price Today: Standard Chartered Forecasts ETH to Hit $4,000　　for the first time since March 29 as renewed U.S.-Iran hostilities triggered a broad crypto sell-off and pushed traders into defensive positions.　　ETH traded near $1,980 at press time, down about 4% to 5% over the past 24 hours. The decline came as the wider crypto market lost about $80 billion in value following fresh and Iranian retaliation, ending hopes that a temporary ceasefire would hold.　　The sell-off also followed continued outflows from U.S. spot Ethereum ETFs and a wave of market liquidations across crypto assets. Bitcoin also dropped to multi-week lows as investors reacted to renewed pressure around the Strait of Hormuz and rising geopolitical risk.　　ETH Falls Below Key Psychological Level　　Ethereums move below $2,000 has drawn attention because the level has acted as an important psychological marker for traders. Market data showed retail discussion quickly shifting toward “buy the dip” reactions after the drop.　　Santiment data suggested that many traders are still treating the decline as a buying opportunity rather than a panic event. Historically, when retail traders remain optimistic during a sharp decline, prices can sometimes face further pressure before stabilizing.　　Source:　　The current move follows a rejection from the $2,400 resistance zone. ETH

05-28

Prediction Market Myriad Launches $100K World Cup Competition

Prediction market Myriad has launched a $100,000 trading competition for the 2026 FIFA World Cup.The prize pool awards $20,000, $10,000, and $5,000 to the top three traders, with $10,000 split among the remaining leaderboard and $5,000 in weekly rewards for top makers.The contest builds on Myriads partnerships with Chainlink for oracle-based market resolution and 55 Tech for real-time sports data.　　With the soccer World Cup set to kick off next month, prediction market Myriad is launching a trading competition in collaboration with Layer-1 blockchain D.Energy, with $100,000 up for grabs.　　“Were thrilled to be running this contest during the World Cup,” said Myriad Co-Founder and President Farokh Sarmad. “With billions of viewers tuning in to the tournament from around the world, this is a great opportunity to showcase how prediction markets work around sports tournaments on a global stage.”　　With over 75 multi-binary markets at launch, the FIFA World Cup 2026 Prediction Contest enables Myriad users to make predictions on every single match in the competition. A prize pool of $100,000 is on offer for top traders and makers.　　The top three traders receive $20,000, $10,000 and $5,000 respectively, with the remaining $10,000 split among the rest of the leaderboard, which runs to the

05-28

Robinhood Unleashes AI Agents for Autonomous Trading

Robinhood launches AI agents for stock trading and spending with strict user-controlled limits.Agentic Trading separates funds into wallets so AI acts only within set risk boundaries.New tools let users automate investing and purchases while keeping real-time manual control.　　Robinhood is letting customers use AI agents to trade stocks and make purchases, marking one of its biggest steps yet into automated retail investing. The company rolled out the feature in the United States on Wednesday, allowing users to connect external AI systems that can execute trades and spending actions directly on its platform.　　The company also introduced “Agentic Trading” and an “Agentic Credit Card,” which allow AI agents to act on behalf of users under controlled limits. Investors can assign tasks such as rebalancing portfolios, following market themes, or finding deals for purchases.　　Besides trading, the agents can also handle spending through virtual cards with set restrictions. CEO Vlad Tenev said, “Our mission has always been to democratize finance for all, and now, that mission extends to AI agents.”　　AI Agents Enter Retail Finance　　Robinhood has separated AI trading activity from users main accounts to limit risk. Customers fund a dedicated trading wallet, and AI agents can only use that balance. Hence, the setup prevents full

05-28

Solana (SOL) Plunges Lower, Market Sentiment Turns Sharply Bearish

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

05-28

Ionis Pharmaceuticals (IONS) Stock Surges on Promising Hepatitis B Drug Trial Results

Ionis Pharmaceuticals saw increased investor interest following GlaxoSmithKlines disclosure of successful Phase 3 clinical outcomes for bepirovirsen. This investigational therapy employs an antisense oligonucleotide mechanism to combat chronic hepatitis B infection. The treatment was originally developed by Ionis before being licensed to GSK through a comprehensive partnership established in 2019.　　The pair of late-stage clinical studies, designated B-Well 1 and B-Well 2, successfully achieved their primary endpoints. Combined analysis revealed a 19% functional cure response among treated participants after a six-month therapeutic course. In stark contrast, control groups receiving placebo demonstrated zero functional cure responses throughout both investigations.　　These outcomes specifically applied to adult patients presenting with hepatitis B surface antigen concentrations at or under 3000 IU/mL. A particularly responsive subset—those with levels not exceeding 1000 IU/mL—achieved an impressive 26% functional cure rate. This patient population constitutes approximately 45% of all diagnosed chronic hepatitis B infections globally.　　Regulatory Momentum Builds Across Multiple Jurisdictions　　Bepirovirsen currently holds priority review status with the U.S. Food and Drug Administration, complemented by both Breakthrough Therapy and Fast Track designations domestically. The emergence of these robust Phase 3 results coincides strategically with this crucial regulatory evaluation timeframe.　　This regulatory advancement carries significant clinical implications, as existing chronic hepatitis B management

05-28

Tron TRX price analysis: stablecoin dominance but token discount

Tron TRX price analysis starts with a contradiction that is hard to ignore: on May 25, 2026, TRX trades at $0.37, giving Tron a market cap of about $34.7 billion, even though the network sits at the center of a huge share of stablecoin movement.　　That tension is what makes Tron one of cryptos strangest valuation stories right now. The chain hosts about $84 billion in USDT, processes roughly 30% of all stablecoin activity, and settles about half of global USDT transaction volume. By network usage, Tron looks dominant. By token pricing, it still trades at a discount.　　And that gap is not random. It reflects a market trying to balance Trons role as a key settlement rail against concerns around regulation, founder control, and whether institutional access can eventually force a repricing.　　Why TRX still trades below network fundamentals　　At first glance, the numbers look mismatched. TRX at $0.37 and a market cap near $34.7 billion do not obviously reflect a network that has become one of the biggest pipes for dollar-backed crypto transfers.　　Trons stablecoin footprint is the main reason investors keep circling back to the asset. The network hosts around $84 billion in USDT, handles about 30% of all stablecoin activity, and

05-28

Will Solana price lose $80 support as bearish double top threatens breakdown?

Open interest across Solana perpetual futures has also declined during the latest correction, suggesting traders are closing leveraged long exposure rather than adding fresh bullish positions. Funding rates across major exchanges have turned increasingly negative, a sign that short sellers continue paying premiums to maintain bearish bets.　　Crypto trading group AltCryptoGems warned that Solanas structure has deteriorated significantly after repeated rejections near the $98 level.　　“SOL looks very weak. After the rejection at $98, price has started to downtrend lower and lower. Key levels have flipped into resistance, especially $88,” the analysts noted on X.　　The trader added that a move toward the $76 support region could follow if sellers maintain control of the current consolidation range.　　Solana charts show bearish double top and key support breakdown　　The daily chart shows Solana forming a bearish double top pattern after failing twice near the $98 resistance area in March and May. The structure developed just below the 0.786 Fibonacci retracement level at $93.7, while repeated rejections from that zone weakened bullish momentum across the broader recovery trend.　　Solana price has formed a double top pattern on the daily chart — May 28 | Source: crypto.news　　A breakdown below the neckline support near $81 now places the measured downside

05-28

Anthropic Milan office signals fast European expansion

Anthropic Milan office is the latest sign that Europe has become a frontline market in the AI race. The company behind the Claude AI models has opened a new base in Milan, giving it a physical presence in six European markets in less than twelve months.　　That pace stands out for any tech company. It stands out even more for Anthropic, which was founded in 2021 and is now moving quickly to turn demand into on-the-ground expansion.　　At the same time, the new Milan location points to something bigger: Anthropic is not just adding offices. It is building a deeper European footprint as competition with OpenAI, Google DeepMind, and Meta AI intensifies.　　Anthropic opens a Milan office as European expansion accelerates　　The Anthropic Milan office is the companys newest European outpost and adds Italy to a fast-growing list of markets where it now has a physical presence.　　Milan is Anthropics sixth European market with a physical presence in under a year. That is a notable milestone for a company still early in its corporate life, especially in a region where enterprise relationships, local hiring, and policy engagement can matter as much as product performance.　　Chris Ciauri, Anthropic‘s international managing director, described Italy as a logical next

05-28

Stake DAO exploit update: Key products unaffected, bridge closed

Stake DAO said its preliminary review found that an unauthorized party minted vsdCRV on Arbitrum during the security incident reported earlier this week.Stake DAO said an attacker minted vsdCRV on Arbitrum during the security incident.The team said mainnet backing was secured and no backing funds were seizable by the attacker.Boosted yields, Liquid Lockers, Votemarket and Morpho lending were assessed as unaffected.　　The project said contributors secured the vsdCRV backing on Ethereum mainnet and closed the vsdCRV bridge. Stake DAO said this contained the incident to Arbitrum and stopped the attacker from seizing the mainnet backing.　　Stake DAO secures mainnet backing　　Stake DAO said, “preliminary investigation indicates an unauthorised party (attacker) minted vsdCRV on Arbitrum.” The statement followed earlier reports that security firms had tracked a large unauthorized mint tied to the protocols vsdCRV token.　　Update on yesterdays incident: preliminary investigation indicates an unauthorised party (attacker) minted vsdCRV on Arbitrum.　　As crypto.news reported yesterday, Blockaid said the attacker minted more than 5.4 trillion vsdCRV on Arbitrum and began swapping tokens for ETH. PeckShield also tracked part of the funds moving into 43.78 ETH before being bridged to Ethereum.　　The latest update narrows the risk area. Stake DAO said contributors moved quickly to protect the vsdCRV backing on

05-28

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