Growing Wall Street crypto adoption and agentic AI platforms may catalyze a “supercycle” for Ethereum, according to BitMine, the largest corporate holder of Ether. Update Sept. 24, 1:07 p.m. UTC: This article has been updated to include quotes from Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen. The cryptocurrency market may experience its first extended cycle due to more institutional capital and trading products in the Web3 industry, making digital asset investments more accessible. Some investors predict a crypto “supercycle” that may invalidate the theory of the four-year crypto market cycle related to the Bitcoin (BTC) halving, and see digital asset valuation rise beyond this historic time frame. Read more
Neal Stephenson’s Lamina1 teamed up with Consensys’ Linea to launch Spaces, a platform for creator-owned IP and interactive storytelling on Ethereum. Lamina1, the blockchain content platform co-founded by sci-fi author Neal Stephenson and tech and creative leader Rebecca Barkin, has partnered with Consensys’ layer-2 network Linea to bring creator-owned media to Ethereum. The collaboration aims to change digital storytelling by giving creators control over their intellectual property and a direct channel to their communities, according to an announcement shared with Cointelegraph. The partnership includes investments from Joe Lubin, co-founder of Ethereum and CEO of Consensys, as well as Systemic Ventures. “Neal Stephenson is one of the leading figures in cyberpunk,” Lubin said. “Lamina1 is now perfectly positioned to be at the forefront of the onchain revolution in content creation,” he added. Read more
Vitalik Buterin said low-risk DeFi protocols can bring in stable revenue for the network, like how Google Search does for Google, but while also ensuring Ethereum’s core values remain intact. Ethereum co-founder Vitalik Buterin said revenue from low-risk decentralized finance protocols could give the network economic stability — much like Google Search supports Google — while letting nonfinancial apps uphold Ethereum’s cultural values. Low-risk DeFi could address “important tensions” in the Ethereum community over whether apps that bring in enough revenue to economically sustain the ecosystem align with the cultural and ethical values that brought people to Ethereum in the first place, Buterin said in a blog post on Saturday. The former has been a combination of nonfungible tokens, memecoins, and speculative trading, while the nonfinancial and semifinancial apps that reflect Ethereum’s cultural values have either struggled to gain widespread adoption or haven’t generated enough fees, he said. Read more
Ether’s road to $5,000 looks clear, especially if TradFi adoption and spot ETH ETF inflows continue at their current pace. Key takeaways: Strong onchain Ethereum activity and treasury accumulation sustain Ether’s resilience despite validator queue exit pressure. Spot Ether ETFs' growth and declining exchange balances reinforce the bullish outlook, positioning ETH for a potential breakout. Read more
Davide Crapis says the Ethereum Foundation’s new AI team wasn’t part of the roadmap but grew out of grassroots demand. The Ethereum Foundation’s new push into artificial intelligence was not part of its roadmap, but emerged in response to demand from ecosystem projects, according to new team lead Davide Crapis. While not a direct policy shift, the move represents “another step” for the long-term success of the protocol. “Our ecosystem needs this,” Crapis told Cointelegraph. The newly formed AI team will essentially have a foot in two main sides of the Ethereum Foundation: the protocol and ecosystem divisions. The dual focus targets product development and preparing Ethereum to onboard traditional AI developers. Read more
Ether price eyed fresh highs as it held above a key trendline, with markets betting on a 96% chance of Fed cuts and further easing this year. Ethereum’s native token, Ether (ETH), has fallen 5.73% from its weekend high near $4,766, retreating as traders trim risk ahead of Wednesday’s Federal Reserve interest rate decision. The pullback reflects caution in the market, but the bigger question is whether the Fed’s potential dovish shift could reignite Ethereum’s rally and how far its next move might extend. Ether bulls are defending the 20-day exponential moving average (20-day EMA; the green wave) near $4,450, showing resilience as markets price in a 96.1% chance of a Fed rate cut this week, up from 85.4% a month ago, with two more reductions expected by year’s end. Read more