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Bankless co-founder sells ETH but stays bullish on Ethereum
Bankless co-founder David Hoffman said he sold his ETH after reassessing the long-running "ETH is money" thesis.
Summary
Hoffman sold his ETH after saying the asset's money thesis has largely played out now.
He remains bullish on Ethereum, but says apps and L2s may capture more value
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Hyperliquid lets Validators settle real-world event markets
Hyperliquid has added validator-settled outcome markets for offchain events under its HIP-4 upgrade, expanding its trading system beyond perpetual futures into prediction markets.
Summary
Hyperliquid has added offchain outcome markets under HIP-4, allowing validators to deploy and settle predic
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KALSHI-6.94%
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Dudley says the Fed’s ‘inflation fighter’ reputation is on the line
Former New York Fed chief Bill Dudley has warned that the Federal Reserve risks losing its credibility as an inflation fighter after more than five years of missing its 2% target, just as new Fed Chair Christopher Waller is trying to convince markets he can still anchor expectations.
Summary
Du
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Sharplink joins Russell indexes as Ethereum treasury bet grows
SharpLink has secured inclusion in the Russell 2000 and Russell 3000 indexes, adding another milestone to the company's push into Ethereum-based treasury management.
Summary
SharpLink will join the Russell 2000 and Russell 3000 indexes on June 29 as institutional interest in crypto treasury
SBET5.26%
ETH-0.40%
US2000-0.33%
BMNR1.95%
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Strategy and BitMine pause as 4 firms add $47.5m in Bitcoin
Strategy added no Bitcoin between May 18 and May 24, according to Lookonchain's weekly report.
Summary
Strategy bought no Bitcoin last week as Michael Saylor's firm focused on bonds instead.
BitMine also added no Ethereum after slowing purchases near its major ETH treasury target.
Four
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ETH-0.40%
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Prometheum says $24B tokenized securities lack distribution
Prometheum has launched new infrastructure allowing broker-dealers and RIAs to offer tokenized securities through traditional brokerage accounts.
Summary
Prometheum launched new broker-dealer and RIA infrastructure on May 25 allowing traditional Wall Street firms to offer tokenized securities t
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Meme mogul James Wynn says the easy-money era is over for memecoins
High-leverage trader James Wynn has declared that the "lottery ticket" phase of memecoins is finished, arguing the sector is now saturated and structurally tilted toward insiders at the top.
Summary
Wynn says memecoins are "dead" as a once-in-a-lifetime niche gives way to saturated markets and
MEME15.55%
PEPE-1.40%
BTC-0.39%
HYPE-1.42%
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