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Make CryptoSlate preferred on The Ethereum Foundation (EF) announced on Apr. 8 that it would convert 5,000 ETH into stablecoins through CoWSwap’s TWAP feature to fund research, grants, and donations.The announcement reopened a debate over what the foundation’s treasury overhaul was ever meant to accomplish. Over the last year, EF moved treasury assets into DeFi, borrowed against ETH collateral, and then launched a staking initiative centered on about 70,000 ETH.The reality described in EF’s June 2025 treasury policy suggested a different model. It tied monetization to a fiat-denominated operating buffer and kept ETH sales, staking, and stablecoin borrowing inside the…
Bitcoin is still far from triggering the three signals that have historically appeared at the end of bear markets, according to analyst Willy Woo. Bitcoin Is Still Trading Far Below The Cost Basis Of Recent Investors In a new post on X, analyst Willy Woo has listed the three things that tend to happen at the end of bear markets. The first signal is the price breaking the cost basis of the short-term holders (STHs). The STHs refer to the investors who purchased their coins within the past 155 days. As such, the cost basis of this group represents the…
XRP’s price remains suppressed and further downside could be around the corner. XRP’s price declined to around $1.31 on April 7th, down 2.5% over the past 24 hours. This brings its total losses for the past two weeks to 7.3% and close to 30% for the last year. The disappointing performance comes after what seemed to be a promising rally in the middle of March, when XRP shot up to almost $1.6, but the bulls failed to sustain momentum. Source: TradingView Analysts now offer multiple takes on the altcoin’s current price action, but the consensus is that any positivity remains…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin treasury firm Strategy has resumed its buying spree after a two-week gap with a new $329.9 million acquisition of the cryptocurrency. Strategy Has Added 4,871 Tokens To Its Bitcoin Treasury In a new post on X, Strategy co-founder and chairman Michael Saylor has shared details related to the company’s latest Bitcoin acquisition. In total, the firm has added 4,871 BTC for $329.9 million or $67,718 per token with this purchase. Strategy has had a consistent routine of announcing acquisitions on Monday, but the firm had a…
Bitcoin miners face a new rival for cheap power as Anthropic signs multi-gigawatt compute deal
Anthropic has announced a partnership with Google and Broadcom for “multiple gigawatts” of next-generation TPU compute capacity expected to come online starting in 2027, a commitment the company called its most significant to date as revenue growth accelerated to a $30 billion annual run rate from $9 billion at the end of 2025.The scale of AI compute demand is now competing directly with bitcoin mining for the same scarce resources — grid connections, land permits, cooling infrastructure, and cheap electricity.We’ve signed an agreement with Google and Broadcom for multiple gigawatts of next-generation TPU capacity, coming online starting in 2027, to…
In brief JPMorgan CEO Jamie Dimon says AI will affect nearly every function at the bank. He predicts the technology will boost productivity, but eliminate some jobs. JPMorgan is spending billions on AI as part of a nearly $20 billion tech budget. Artificial intelligence will reshape banking, work, and parts of the global economy, JPMorgan Chase CEO Jamie Dimon said in his annual shareholder letter, describing the technology as a fast-moving shift that will impact nearly every part of the bank’s operations.“The importance of AI is real, and while I hesitate to use the word transformational—it is,” Dimon wrote. “The…
Bitcoin traded around $68,780 on Tuesday as U.S. spot bitcoin ETFs posted their strongest daily inflow in more than a month.Funds added a combined $471 million on April 6, according to SoSoValue data, marking the largest inflow since Feb. 25 and the sixth-biggest daily total this year. The figure remains below January’s peak flow regime, when multiple trading days topped $700 million.These high inflows come as bitcoin continues to stall below $70,000, with weak spot demand and distribution by large holders capping upside. ETFs have increasingly offset that pressure, acting as a primary source of marginal buying.Macro signals offer limited…
Rejection at $1.35 and collapsing depth raise risk of sharper moves as positioning builds.
Brokerage services giant Charles Schwab plans to roll out spot cryptocurrency trading in the first half of 2026, pushing it deeper into digital assets. “We remain on track to launch our spot crypto offer in the first half of 2026, starting with bitcoin BTC$66,934.75 and ether (ETH),” a company spokesperson told CoinDesk on Friday.The firm has opened a waitlist for clients seeking early access to what it calls a “Schwab Crypto” account, which will allow users to buy and sell the two largest cryptocurrencies. The firm will offer the service via Charles Schwab Premier Bank, SSB.The move builds on comments…
On-chain data shows the large Bitcoin holders have been participating in a notable amount of loss realization recently, a sign of capitulation. Bitcoin Sharks & Whales See High Values On Realized Loss Metric In a new post on X, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Realized Loss for the sharks and whales. The “Realized Loss” here refers to an indicator that measures, as its name suggests, the total amount of loss that BTC holders are realizing through their transactions. In the context of the current topic, the version of the metric that’s of…

