Steven Ehrlich

Head of Research and Comms @Sharplink $SBET | Host @bitsandbips - The Interview | fmr Rsch. Dir. @Forbes, @krakenfx @Citi, @BoozAllen, US DoD, #flyeaglesfly

[Laura Shin @laurashin]

Speculative flows, not fundamentals, drove both the gold and Bitcoin selloffs. That's Zach Pandl's read on @bitsandbips. The deficit-and-debt case hasn't changed. When retail excess washes out, that's historically been the entry point, and @LowBeta is calling it now. w/ @Steven_Ehrlich: 📉

🎧 https://t.co/vPIaijyu1C

[Bits + Bips @bitsandbips]

.@LowBeta on what drove gold and Bitcoin down, and where he sees value now:
📉 Speculative retail ran gold from $4,000 to $5,000+, then rotated to chips and pre-IPO trades
🥇 The deficit-and-debt case is intact: Pandl calls gold and Bitcoin buys here
💰 H2 DeFi thesis: Hyperliquid and Aave anchor Grayscale's revenue trade

w/ @Steven_Ehrlich: 🎧 https://t.co/PEdM3iJ3mr

[Unchained @Unchained_pod]

Warsh's first Fed presser. The Iran ceasefire trade. Bitcoin surging back.

@Steven_Ehrlich talks macro-to-crypto with Zach Pandl [ @LowBeta ], Head of Research at @Grayscale — is crypto spring real, or is it a trap?

Today at 2pm ET.

Join us on: x - https://t.co/42wsNQREzi

[Bits + Bips @bitsandbips]

Warsh's first Fed presser. The Iran ceasefire trade. Bitcoin surging back.

@Steven_Ehrlich talks macro-to-crypto with Zach Pandl [ @LowBeta ], Head of Research at @Grayscale — is crypto spring real, or is it a trap?

Today at 2pm ET.

Join us on: x - https://t.co/ESjqBpb7VR

[Steven Ehrlich @Steven_Ehrlich]

One interesting finding from the research for yesterday’s post that didn’t make it into the final copy is this chart: #Ethereum keeps recruiting developers — regardless of price.

Even in brutal bear markets, new talent keeps pouring in. That’s the real moat.

This is exactly why I’m so bullish on #ETH long-term.

Price comes and goes. Builders compound.

Full thoughts + more context in the QT 👇

[Joseph Chalom @joechalom]

https://t.co/4sOm6TYyeY

[Joseph Lubin @ethereumJoseph]

Another great post from @joechalom and @Sharplink. It is great to see Joseph highlight the remarkable milestone of 1 million lifetime developers that have built or build on Ethereum.

Joseph also touches on some key factors that will lead to the many L2s, and private permissioned Besu Ethereum chains becoming fully composable with each other and L1: credible neutrality, modularity, culture and composability. He sketches the synchronous and near-synchronous composability work that the @Linea team is doing and others including @Zisk and @gnosis_ are doing similar work. Atomic bridgeless execution zones and real-time unification of liquidity fragments will be the benefits and a unified extended Ethereum ecosystem will be the major result. ETH will be resident on all of these networks and used to pay fees for inclusion in multi-network activity to synchronizers who aggregate ZK proofs from the various networks. Ethereum is growing into an increasingly globally systemically important infrastructure, and ETH is about to also become globally systemically important as it will be the fuel and currency that powers transactions, storage, staking and many other functions on the world's main global digital asset processing and settlement layer.

Amusingly, I found this my DevCon5 Osaka keynote entitled "When 1 Million Eth Devs?" We got there. And the keynote does a pretty decent job of sketching how Ethereum will become systemically infrastructure, from way back in 2019.

https://t.co/6mUPS1otzQ

[Joseph Chalom @joechalom]

https://t.co/4sOm6TYyeY

[Joseph Chalom @joechalom]

Every time I come to Korea, I spend time with builders and startups. No country in the world has such an innovative, technology-forward culture. The talent is incredible and the enthusiasm is unbelievable. This could be the next wave of innovation for South Korea. South Korea has the license to become a top digital asset hub. Thanks to 3ProTV for having me on to discuss:

서울에서의 좋은 대화. 한국의 혁신 생태계에 대해 제가 느낀 점입니다. 한국을 방문할 때마다 스타트업 창업자들과 빌더들을 꼭 만나 시간을 보냅니다. 이처럼 혁신적이고 기술 중심적인 문화를 가진 나라는 세계 어디에서도 찾아보기 어렵습니다. 뛰어난 인재들이 많고, 열정 또한 놀라울 정도입니다. 이러한 에너지가 한국 혁신의 다음 물결을 만들어낼 수 있다고 생각합니다. 한국은 최고의 디지털 자산 허브로 도약할 잠재력을 갖추고 있습니다. 좋은 대화를 나눌 수 있도록 해주신 3ProTV 에 감사드립니다.

[Pete Mundo @PeteMundo]

Seinfeld episode 2026: Jerry gets tickets courtside and brings George, who decides, with the Knicks down 20 with 10 minutes left, he will leave the game early to beat the rush out of MSG.

As the Knicks mount a comeback he tries to get back into the Garden. He waves his ticket, name drops James Dolan, but nothing works and he ends up getting arrested.

Meantime, Kramer sneaks into the Garden and helps Mike Brown draw up the game winning play.

[Alex @ajak1033]

The Spurs know how to TAKE the lead, they just don't know how to HOLD the lead. And that's really the most important part of the lead: the holding

[NFL Memes @NFLMemes]

BREAKING: New Spurs logo released after blowing 30-point lead in the NBA Finals

[Steven Ehrlich @Steven_Ehrlich]

@JClarkNBCS Is it really great if he doesn’t get out of the 6th?

[Steven Ehrlich @Steven_Ehrlich]

@ByDavidMurphy Good tweet

[Spike Eskin @SpikeEskin]

Can you imagine emptying your kid's college fund to spend $26,000 on a pair of Knicks tickets and they lose?

[Steven Ehrlich @Steven_Ehrlich]

Tweet of the year

[Shooter McGavin @ShooterMcGavin]

Tough break for the golfers. Still have to play the ball as it lies. Those are the rules. I didn’t write em.

[Sharplink @Sharplink]

We're excited to be part of the @Crypto_Council's Vault Coalition. Regulatory clarity for vault structures will be an important part of unlocking the Ethereum opportunity’s full potential.

[Steven Ehrlich @Steven_Ehrlich]

Nobody connects the dots better than @sheffieldreport.

Must read on how a confluence of factors came together at the worst possible time to form a perfect storm to the detriment of crypto.

[Matt Sheffield @sheffieldreport]

This market feels like a liquidity and narrative story perpetuating each other more than a structural change. If I’m right, it’s short lived and resolves post SpaceX (assuming the bankers stick the landing, and there’s a stacked team working on it).

If the IPO goes well the effect works in reverse (positive for crypto).

1/n 🧵

[Caitlin Huey-Burns @CHueyBurns]

Tennis is the greatest

[Matt Sheffield @sheffieldreport]

Agentic finance needs onchain insurance and trusted third parties to accelerate our path to 10000x growth in agentic transactions on Ethereum.

I sat down with @CharlieStLouis, Head of DeFi at the @ethereumfndn to discuss these topics and more at the @AgenticSummit hosted by @Microsoft and @EntEthAlliance.

Also shoutout to @FreedomFactory. I got my Dgen1 pre-order just in time to show it off.

[Sharplink @Sharplink]

+422 ETH in staking rewards this week.
Total rewards earned to date: 20,590 ETH.

The productivity never stops. The conviction compounds.