Tom Lee Sets $2,000 ETH Target as AI Funds Rotate From Chips
The pitch pairs an old thesis (ETH as institutional settlement layer) with a new vehicle: S&P Dow Jones and Pantera's fundamental-weighted index that leads with ETH, BNB, and SOL.
Crypto business news — institutional moves, funding rounds, payments, partnerships, and country-level adoption.
The pitch pairs an old thesis (ETH as institutional settlement layer) with a new vehicle: S&P Dow Jones and Pantera's fundamental-weighted index that leads with ETH, BNB, and SOL.
Payward's partnership with GTN moves tokenized stocks past their US-only phase into Asian and European blue-chips, putting xStocks in direct competition with Robinhood and Coinbase for the next leg…
Sector market cap has collapsed from $182B to $105B since October, with another 31% gone year-to-date in 2026 as centralized exchange activity softens.
Islamabad is pitching the ask as a reward for brokering US-Iran diplomacy, while the rupee remains under pressure and IMF talks stall.
Satsuma becomes one of the first publicly traded Bitcoin treasury vehicles to voluntarily wind down, returning capital rather than riding out a drawdown.
The streak matters more than the daily figure: six sessions of uninterrupted net inflows is the structural signal, while spot ETH ETFs tack on a third consecutive positive day.
A directionless tape: Bitcoin flat near $65.9K, Ether off 0.9% under $1,920, while Ethereum staking still pushes toward record share and Telegram tees up a billion-user crypto wallet.
The exchange was sanctioned in May for alleged Russian sanctions evasion; TRM's blockchain tracing now shows wallets cycling across four chains to stay one step ahead of screening.
The 606,091 HYPE position was bought near $30 five months ago and is now worth $36.5M, with Multicoin already depositing most of it for sale while staking out the rest.
The on-chain record is brutal: $1 in fees in the past 24 hours, a fully diluted valuation down over 99% from peak, and a developer that raised nine figures while generating almost nothing.
The promise is another frontier in the generative-AI content race, but a feature-length, historically grounded film from a text model by December is a stretch even for frontier labs.
The benchmark leans on revenue and real-world usage rather than price momentum, placing a S&P-branded stamp on a methodology closer to equity indices than to existing crypto benchmarks.
The redirection pulls grant money away from broad academic research and concentrates it on AI, signalling a federal priority shift that universities and labs will feel immediately.
The 0.2% levy takes effect in January and singles out blockchain infrastructure specifically. TDC's filing argues it violates the Commerce Clause, state uniformity rules, and the federal Internet Tax…
The bill slipped its July target and now leans on an August 7 window; the "your crypto, not the estate's" pitch sells the politics, but the actual carve-outs from bankruptcy clawback remain limited.
The Pentagon bill for the Iran conflict is already past $37B, and Congress has not authorized a single dollar of it, a tab every deficit hawk on Capitol Hill will be watching.
The bill's fate now hinges on a single procedural question: whether state attorneys general or the federal DOJ get the power to police the crypto ban on Trump, Vance and every member of Congress.
The extension lifts the round to $365M with the same flat $2B mark, a vote of confidence from Asian banking capital in the Canton network's institutional ambitions.
BitMine now gives public-market investors a direct equity proxy for Ethereum staking yield, but the structure that produces that yield also locks the firm into a long-dated validator contract.
The reversal comes less than a year after the London-listed firm raised $218M specifically to buy bitcoin, with noteholder conversion refusals forcing an earlier partial unwind.