Coldgaze 🦇🔊

“A good traveler has no fixed plans, and is not intent on arriving.”

Lao Tzu

[Coldgaze 🦇🔊 @Banath4]

@sassal0x The wives of three crypto devs are discussing their sex lives.

The first one says: "My husband is a Bitcoin developer, sex is good but the problem is he knows only one pose and never changes.
1/3

[Coldgaze 🦇🔊 @Banath4]

@ByzGeneral Dude is a confirmed clown

[TraderSZ @trader1sz]

. @Revolut @revolutsupport employees have tried to extort me for money

They matched my name and I’m
Doxxed to my acc which I made years back

They contacted my sister and told them show to your brother to pay up

They have blocked me

Will post emails from Revolut dpo legal team admitting it’s their employee doing this

Please rt

[The Rollup @therollupco]

Ethereum Will Fly From Here And Most Investors Aren't Ready (Here's Why) with @MilkRoadDaily Host @BitcoinJesusETH

Timestamps
00:00 Intro
02:21 Wartime Ethereum Article Origin Story
04:30 ETH Worth Zero Or Everything
06:13 Tokenization Exemption Coming After Clarity Fails
08:18 190 Million ETH Holders Globally
10:33 Uncanny Valley Of Wealth Explained
12:44 Blackrock ETF Leader On Converting Gamblers
14:55 Meme Coins As Portfolio Onboarding
17:06 Samara Cohen Blackrock Quote On Investors
19:14 Next Marginal Buyers Are Institutions
21:16 Pay Gas Fees In USDC Coming
23:00 USDC Gas Fees Radically Expand ETH Market

[Coldgaze 🦇🔊 @Banath4]

@JJcycles Indeed
https://t.co/ZUihmj5CMv

[Coldgaze 🦇🔊 @Banath4]

$ETH and $AAVE have both formed similar 5-year consolidation patterns after the insane 2021 pump.

We’re rapidly approaching another biblical-sized pump.

[Coldgaze 🦇🔊 @Banath4]

@trader1sz It's either "plunges" or "soars" with these clowns, nothing in-between.

[Coldgaze 🦇🔊 @Banath4]

@Looking4Satori @virtualbacon AAVE

[Coldgaze 🦇🔊 @Banath4]

$ETH and $AAVE have both formed similar 5-year consolidation patterns after the insane 2021 pump.

We’re rapidly approaching another biblical-sized pump.

[Coldgaze 🦇🔊 @Banath4]

@trader1sz @SimonDixonTwitt Yeah, It’s always been suspicious that they keep blaming the one country under a total media blackout—the only one that would never issue a public denial.

[Coldgaze 🦇🔊 @Banath4]

@intocryptoast @AdrianoFeria @cryptogoos Yes, it's accurate. 900k is the number after the validators consolidation which happened after the Pectra hard fork that allowed for staking more than 32ETH.

If not for that, validators would've been 1 307 962 by now. https://t.co/UZyxiTOr12

[Etherealize @Etherealize_io]

Standard Chartered’s Geoffrey Kendrick explains his $40,000 ETH price target by 2030

“I think a lot of [tradfi activity] happens on Ethereum Layer 1. I think about how BlackRock rolled out BUIDL, for example — all on layer 1 Ethereum… which I think is a more logical playbook for how tradfi will approach this buildout in the next year. And if you assume that more activity equals higher token price — which I think is correct (today I find the best measure is fees paid on the applications or protocols built on the Ethereum network) — I think that means ETH outperforms now and for the foreseeable.”

Geoffrey Kendrick is the Global Head of Digital Assets Research at Standard Chartered and former Head of Asia FX & Rates Strategy at Morgan Stanley. He believes the ETH/BTC ratio will go from 0.03 today to 0.04 by the end of 2026, which is a $4,000 price target for ETH at $100,000 BTC.

“My long-term forecast is $500,000 BTC by 2030 and $40,000 Ethereum by 2030… roughly 20x [for Ethereum], but a huge outperformance [versus Bitcoin] as well. And it’s because all the use cases we’ve been talking about, will almost all happen on Ethereum.”

Source: @MilkRoadMacro @milkroaddaily (Mar 2026)

[Clouted @CloutedMind]

call option on the strongest store of value and most pristine collateral in a post internet/AI world

the security insurance value guarding the global trust and truth settlement layer

the only thing left that enables any sort of financial sovereignty and privacy because of its robost soverign permissionless endogenous ecosystem

1000 TRILLION

[BSCN @BSCNews]

CLARITY Act Moves Closer To Law

The CLARITY Act could be signed into law during the week of Aug. 3 if Congress maintains its current pace, Alex Thorn, Head of Research at Galaxy Research, says.

The Senate Banking Committee advanced the crypto market structure bill in a 15 to 9 bipartisan vote last week.

Galaxy Research now estimates a 75% chance the legislation becomes law in 2026 following the committee breakthrough.

[Etherealize @Etherealize_io]

.@drakefjustin: "I don't see how ETH could not flip BTC"

Justin is asked: What's Ethereum? Is it a settlement layer? A world computer? Monetary network?

He responds:

"For me, this hasn't changed for many years. Ethereum is the Internet of Value."

"In order to be successful as the Internet of Value you need very good money at the center of it because that will be the substrate -- the economic bandwidth -- that will allow you to build a lot of services (e.g. loans, stablecoins)."

"In some sense, the success of the platform and the success of the money are tied at the hip. This is why I think those who are pushing for ETH as money are really helping the platform and vice versa -- those who are helping the platform are helping with ETH the money."

"One of my theses is that we'll have winner-takes-most platforms. There's only one Internet. There's only going to be one Internet of Value that captures 90-99% of all economic activity. And just for weird, path-dependent reasons, we have Bitcoin that is the largest money right now. But I think this is a highly-unstable equilibrium for multiple reasons. And I think the best candidate to win the Internet of Value is by far Ethereum."

@fede_intern adds to this point, "I was never convinced there was a chance of [Ethereum flipping Bitcoin] to be honest. But I'm getting convinced there's a high probability -- you [Justin] have played a part in convincing me because of the issuance (declining block subsidy) and now the post-quantum. I do think there's a high chance that ETH becomes the dominant economic substrate in the long-term. I don't see how proof-of-work could work long-term."

Justin echoes this:

"Unless there's some catastrophic failure of Ethereum, I don't see how Ethereum could not flip Bitcoin."

Source: @blockspaceforum

Read our thesis on why ETH is better money than BTC below 👇

[BSCN @BSCNews]

CLARITY ACT CLEARS SENATE BANKING COMMITTEE, ADVANCES TO FULL SENATE

The Digital Asset Market Clarity Act passed its Senate Banking Committee markup today, advancing the most significant US crypto legislation in years to the Senate floor.

Chairman Tim Scott opened the session at 10:30 AM ET with all 13 Republicans locked in after Senator John Kennedy committed Wednesday in exchange for a fiduciary duty provision for crypto participants and the attachment of the Build Now Act, a community development housing bill he co-sponsored with Senator Elizabeth Warren.

Warren filed 44 of the 130+ amendments and watched them fall one by one along the 13-11 party line. Her amendments on sanctions authority, retirement-account exposure and bank supervisory records relating to Jeffrey Epstein each failed 11-13. Kennedy said he would have voted yes on the Epstein amendment if the phrase "co-conspirators" was stripped, but Scott moved on regardless.

Senator Mike Rounds' AI sandbox amendment passed 15-9 with bipartisan support.

Markets responded immediately. Bitcoin pushed above $81,000 and Coinbase shares surged more than 8% intraday. Polymarket odds of 2026 CLARITY Act passage repriced from the low 60s to 73% on Kennedy's Wednesday commitment.

The ethics provision Democrats demanded, targeting government officials with crypto ties, falls outside the Banking Committee's jurisdiction and will be addressed at later stages. The bill still requires reconciliation with the Senate Agriculture Committee's parallel version, a full Senate floor vote, House reconciliation and a presidential signature. The White House target remains July 4.

[Coldgaze 🦇🔊 @Banath4]

@GoatedJosep @BMNRTracker This was 8 months ago:
https://t.co/vsnxlbdDcf

[Coldgaze 🦇🔊 @Banath4]

@Wenmerge2022 This has been going on for awhile now and the amount of staked ETH is still over 36 million, only Lido dominance is decreasing, which tells me this is just ETH being restaked.

[Coldgaze 🦇🔊 @Banath4]

@GoatedJosep @BMNRTracker No idea but drop in validators makes no sense, the entry queue has been full for months now.
https://t.co/UZyxiTOr12

[Coldgaze 🦇🔊 @Banath4]

@GoatedJosep @BMNRTracker Ethereum validators have actually increased to 1.2 million, up 100k from the last summer.

[Etherealize @Etherealize_io]

Tom Lee explains his $62,500 ETH price target

“If we clear this Middle East problem and the US economy holds up through higher oil, I think we’re looking at a bull market that could run through 2028. A major move in equities is the setup… and here’s something to keep in mind. Since the war started, the best performing asset in the world — outperforming energy stocks — was Ethereum. It outperformed the S&P 500 by almost 20 percentage points, and you can see it has massively outperformed gold and silver. And if you take a look at Ethereum’s chart over the last 10 years, I think it’s going through a massive consolidation.”

In its first consolidation of 2016, Ethereum went on to rise by 227x. In the second consolidation of 2018 and 2019, Ethereum rose by 54x. Tom points out that Ethereum is in the midst of its third consolidation:

“I think there is a massive move coming in Ethereum, driven by a couple of things: tokenization and agentic AI… I think this means you can get something like a 25x for Ethereum.”

Tom gives a quick overview of the tokenization thesis:

“I think we’re going through an important moment in the financial system that’s not too different from 1971. Tokenization is making almost every asset synthetic, and it follows a roadmap that happened when the US went off the gold standard in 1971. This led to a huge unleashing of innovation and products from money market funds to currency futures to CDOs to indexed futures all because the US was trying to preserve the sovereignty of the dollar when we went off the gold standard. I think that’s happening today because we’re digitizing everything.”

He points to the following quote from JPMorgan CEO Jamie Dimon (formerly one of crypto’s biggest skeptics): “Crypto is better than the current financial system.”

Tom continues:

“I think everyone who’s building in crypto is going to develop these future products — stablecoins, tokenized equities, monetized reputation. It’s also part of the future agentic system.”

On a separate slide he points out all of the things Agentic AI will need that work better on crypto rails. Two are identity and payments. “Agents almost certainly won’t want to use PayPal or Visa or MasterCard to do micropayments,” Tom argues.

Lastly, Tom turns to price:

“Blockchains should gain relevance against against crypto’s store of value, which is Bitcoin. In our minds, the way to think about the future of Ethereum is its price ratio to Bitcoin The 8-year average was 0.0479. The high was 0.087… We think fair value for Bitcoin is $250,000, so if Ethereum goes back to the 8 year average, that’s $12,000 ETH. If Ethereum goes back to its 2021 high, that’s $22,000 ETH. But of course I think it’s better positioned today than it was in 2021. So that gets us to what we think is the ‘payment rails’ number — that Ethereum is going to be roughly a quarter of the value of Bitcoin. And that gets you to $62,500. And that’s kind of following the previous historical price cycles.”

Source: @signalweek (May 2026)

Read Etherealize's "Productive Money" report on the path to $250,000 ETH below 👇

[The Learning Pill 💊 @thelearningpill]

$ETH is not competing with money. It is changing how capital behaves.

Gold and $BTC hold ~$30T+ in monetary premium, but that capital does not move. Stocks and bonds generate returns, but require counterparties to do so.

@ethereum sits between these two models and turns capital into Productive Money.

With ~121M ETH supply and staking yields of ~2–4%, even a partial shift in monetary premium begins to frame $250K as positioning, not speculation.

The difference is how that value compounds.

ETH is effectively "The Toll Road to Tokenization", where assets across RWAs, stablecoins, and DeFi settle and move through the same base layer.

This creates a flywheel:
Usage ↑ → fees ↑ → burn ↑ → scarcity ↑ → price ↑

That loop ties capital formation directly to network activity.

This is less about yield in isolation and more about capital being deployed across a system.

The market is still pricing ETH as an asset. It is starting to behave like a system.

[🐍Salazar.eth 🦇🔊 @0xSalazar]

Russia is building a legal Bitcoin corridor for sanctioned trade — and capping regular citizens at $3,900 in crypto holdings.

The State Duma passed the crypto bill in first reading Tuesday.

BTC and ETH get a state-issued clearance for foreign trade settlements.

Unauthorized crypto trading, up to 7 years in prison.