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Ethereum is trading at $1,920, but while price action remains relatively calm, the underlying picture looks more complicated for its prediction. Total value locked across Ethereum Layer 2 networks has slipped to roughly $5 billion, wiping out much of the 2024 expansion and returning to levels last seen in 2023. If L2s were meant to drive Ethereum’s next growth phase, that slowdown raises fresh questions.

The Robinhood Chain story captures that tension. The Arbitrum-based Layer 2 bridged roughly $141 million in ETH during its first two weeks. It also briefly overtook Ethereum L1 and Base in 24-hour DEX volume, reaching about $877.6 million. However, the network returned only around $4,000 in fees to Ethereum during its first week, fueling debate over how much value L2s actually sends back.

Some analysts argue Robinhood Chain’s $4.5 billion in DEX volume during its first week reflects activity shifting away from Ethereum’s base layer. Meanwhile, Optimism, Base, and Arbitrum still account for about $4.8 billion, or 96%, of the remaining Layer 2 TVL. Even so, the steady decline in total TVL remains difficult to ignore.

Meanwhile, the Ethereum Foundation has lost several senior leaders this year. At the same time, institutions including DTCC and JPMorgan continue expanding tokenization efforts across multiple blockchains instead of focusing only on Ethereum. ETH also remains range-bound, while derivatives positioning has cooled, suggesting traders still lack conviction for a decisive breakout.

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Ethereum Price Prediction: Reclaim $2,050 Resistance This Week?

At $1,920, ETH is trading slightly above the $1,850 to $1,900 short term demand zone that many analysts identified as key support. The latest session ranged between $1,880 and $1,930, highlighting continued price compression. Meanwhile, derivatives positioning remains subdued, reflecting limited conviction from both bulls and bears.

The first resistance zone sits around $2,036 to $2,050. A decisive move above that could expose the 0.236 Fibonacci level near $2,134. Beyond that, $2,377 and $2,572 remain the next technical milestones. On the downside, $1,780 remains the key support, while $1,742 is the next major level if sellers regain control.

Ethereum (ETH)

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The bullish case remains straightforward. Holding above $1,900, improving derivatives sentiment, and stronger institutional activity on Layer 2 networks could support a move toward $2,050 and eventually $2,134. However, buyers still need fresh momentum before that scenario gains traction.

The base case still favors consolidation between $1,850 and $2,050. Layer 2 TVL remains a headwind, while no clear catalyst has emerged to break the current range. A daily close below $1,780 would weaken the short-term outlook and shift attention toward $1,742.

Robinhood’s prediction markets add another perspective. Only 22% of participants expect ETH to finish above $3,500 this year, while 54% anticipate a move below $1,500 at some point. That split highlights genuine uncertainty rather than one-sided bearish sentiment. Macro conditions also remain capable of reshaping the technical picture with little warning.

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LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels

ETH hovering below key resistance while L2 value leakage accelerates is exactly the environment where infrastructure capturing cross-chain activity, rather than betting on a single chain’s dominance, becomes a more interesting allocation question. The L2-versus-L1 value capture debate is real, and it does not resolve neatly in Ethereum’s favor in the short term. That dynamic is worth watching for rotation setups.

LiquidChain is positioning directly against the fragmentation problem at the root of this debate. The project is a Layer 3 infrastructure play, and its core proposition is fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment through what it calls a Unified Liquidity Layer.

With Liquid, developers only deploy once and access all three ecosystems; settlement is verifiable; execution is single-step. The presale is currently priced at $0.01484, with $920K raised to date.

Features like Deploy-Once Architecture address the exact developer fragmentation that the Robinhood Chain / Arbitrum / Base proliferation keeps making worse. Ethereum’s own infrastructure consolidation trends underscore why cross-chain abstraction has a credible thesis here.

Research LiquidChain further here.

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The post Ethereum Price Prediction: L2 Ecosystems Lose Their TVL as Robinhood Chain Activity Drops appeared first on Cryptonews.

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Law enforcement groups backed by key Democrats have suggested some changes to the CLARITY Act that would make it easier to prosecute some crypto software developers.

However, White House officials still feel like the suggestions made fall short of what they want.

Trump’s Crypto Adviser Rejects Proposal

Trump’s crypto adviser, Patrick Witt, dismissed the proposal, saying claims that they were the result of “productive negotiations” with the White House and Treasury were far from the truth. He added that the administration had made its position clear to Sen. Catherine Cortez Masto for weeks and that the latest revision was “not even close” to meeting its expectations.

A report from Politico shows that two major groups representing U.S. prosecutors have submitted fresh changes to the White House, aiming to break months of deadlock over the CLARITY Act.

“Newest language is the culmination of productive negotiations with law enforcement, the White House, and Treasury, and we feel good about the chance to resolve this issue once and for all,” said Masto in a statement.

The proposal focuses on the Blockchain Regulatory Certainty Act (BRCA), with the new language removing provisions that could protect developers from criminal prosecution in some cases. At the heart of the dispute is whether law enforcement should hold crypto developers responsible for crimes committed on the platforms they build.

The Trump administration says that the authorities should protect builders who do not hold customer funds to encourage innovation. On the other side, critics and law enforcement groups disagree, warning that the current language could make it easier for financial crimes to go unchecked.

New York Attorney General Letitia James also shares the sentiment, having recently said that the CLARITY Act could weaken state enforcement against crypto fraud. According to her, this is because the legislation would limit the state’s ability to hold digital asset firms accountable for crimes.

Police Groups and Security Officials Rally Behind Clarity Act

Not everyone seems to be against the latest revision, though. The Fraternal Order of Police, the largest police organization in the U.S., recently dropped its objections and backed the crypto bill after previously raising concerns about the BRCA.

The report also says several other groups have backed the legislation, including the National Organization of Black Law Enforcement Executives and the Federal Law Enforcement Officers Association.

Last month, over 160 former national security, intelligence, and other officials also wrote a letter to the Senate in support of the bill, arguing that it would strengthen efforts to combat illicit finance in the crypto space.

The post Trump’s Crypto Adviser Rejects CLARITY Act Developer Proposal appeared first on CryptoPotato.

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DoubleLine Capital CEO Jeffrey Gundlach said the Treasury market is signaling that the Federal Reserve will need to do more than talk tough if policymakers are serious about reaching their 2% inflation target.

“If you really want to get to 2%, I think you have to raise interest rates,” Gundlach said on CNBC’s “Closing Bell” Wednesday after the Fed’s latest policy decision. “I think getting 2% is going to take a long time. We might not get there over the course of the next couple of years.”

The Fed left its benchmark interest rate unchanged at a range of 3.5% to 3.75%, a decision that was widely expected. The move was not approved unanimously, however, with three policy members dissenting in favor of raising rates by a quarter percentage point.

Gundlach said the divergent moves across the Treasury curve following the announcement showed investors’ skepticism that the Fed will ultimately follow through.

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“The two-year Treasury rallied today because it thinks the Fed is taking its time,” he said. “And the long bond yield went up significantly after the press conference, because the bond market vigilantes are saying, ‘If you really want us to believe your rhetoric, you’ve got to start acting.’”

The benchmark 10-year Treasury yield rose more than 7 basis points to 4.681%, while the 30-year bond yield surged to 5.213% for its highest level since 2007. Meanwhile, the policy-sensitive two-year Treasury yield fell 3 basis points to 4.244%.

The long end is generally tied to expectations for inflation and deficits, while the short end is closely related to interest-rate expectations in the shorter run.

Fed Chairman Kevin Warsh stressed that the Fed will take necessary steps to meet its 2% inflation goal.

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“I understand the desire for rolling forecasts and commentary from this committee, but for our part, we need to observe market reaction to developments direct and unfiltered,” Warsh said. “I want to stress, of course, that decisions by this committee matter a great deal, and where necessary and appropriate, we will not hesitate to act.”

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Dogecoin is trading near $0.07, up 0.3% over the past day after another quiet session. However, the muted move hides a weaker weekly trend. Billy Markus just reminded the market why people embraced DOGE in the first place. The full context offers another look at Dogecoin’s real-world utility.

Markus, posting as Shibetoshi Nakamoto on X, replied to a prompt from crypto retirement platform iTrustCapital about the most crypto thing he had done. He answered, “I bought a ride in the Vegas Loop with Dogecoin.” He added it was not that weekend, but it remained his favorite crypto experience. The comment referenced The Boring Company’s 2022 decision to accept DOGE through BitPay.

At launch, a single ride cost about $1.50, while a day pass cost $2.50. Elon Musk also backed the payment option, saying he would support Dogecoin wherever possible. Markus, still pointing to that purchase years later, says more about DOGE’s everyday appeal than many marketing campaigns.

Meanwhile, the post arrived during another difficult stretch for crypto markets. The Senate delayed further consideration of the Clarity Act before the August recess. At the same time, roughly $604 million in crypto positions were liquidated during a sharp market selloff. That combination kept pressure on risk assets, including Dogecoin.

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Can Dogecoin Price Break Back Above $0.10 Before the Clarity Act Deadline?

At $0.07064, DOGE is holding just above the $0.07 floor, but only by a slim margin. The session low reached about $0.0693, showing sellers are still pressing that support. A decisive break below $0.07 could expose the $0.064 to $0.068 range, where buyers previously stepped in.

Futures open interest has eased alongside the recent price decline, suggesting leveraged longs continue leaving the market. That points to more than a simple spot weakness. Still, price has not confirmed a breakdown, leaving the current support level in focus for the next move.

Dogecoin (DOGE)

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The previous reference to $0.40 VWAP support is no longer relevant at current prices. Instead, analysts are watching whether DOGE can reclaim $0.08 before discussing a stronger recovery. Until then, the market remains well below major resistance, and momentum still favors caution.

If the Clarity Act advances before the August recess, sentiment could improve. Fresh catalysts from Elon Musk or renewed payment integrations may also help. In that case, a move back above $0.08 could reopen the path toward $0.10.

The base case remains a consolidation between $0.07 and $0.08 as traders weigh regulation and macro risks. However, a daily close below $0.07 with rising volume would strengthen the bearish outlook. Until DOGE creates a clear distance from that level, the utility story remains stronger than the chart.

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Maxi Doge Targets Early Mover Upside as DOGE Tests Key Levels

DOGE at $0.07 with a multi-billion-dollar market cap means the math on a 10x from here requires a full bull cycle and sustained retail inflows. Traders rotating capital for higher-asymmetry exposure are looking earlier in the lifecycle, which is exactly where Maxi Doge ($MAXI) sits.

The Clarity Act delay and broader risk-off pressure are squeezing established meme coins hardest; early-stage presales carry their own risks but aren’t subject to the same open-interest unwind dynamics.

$MAXI is a meme token built on Ethereum (ERC-20) positioned around a 240-lb canine mascot embodying 1000x leverage trading culture, think gym-bro meets trading desk, which lands well with the retail demographic that drives meme coin volume.

The presale has raised $4.8 million at a current price of $0.0002831, with dynamic staking APY live for holders. Features include holder-only trading competitions with leaderboard rewards and a Maxi Fund treasury earmarked for liquidity and partnerships. DYOR applies harder here than on listed assets.

Research Maxi Doge here.

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The post Dogecoin Co-Founder Billy Markus Revives Viral Vegas Loop Payment Memory appeared first on Cryptonews.

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Microsoft delivered another blockbuster quarter, beating Wall Street expectations on revenue, earnings, and operating income as Azure cloud services and artificial intelligence continued to drive growth.

The stronger-than-expected results reinforced investor confidence that massive AI infrastructure investments are translating into accelerating revenue, a closely watched trend across technology and crypto markets alike.

Microsoft Crushes Q4 as Azure Growth Fuels AI Boom

The software giant reported fiscal fourth-quarter revenue of $90.0 billion, surpassing analysts’ expectations of $87.7 billion. Adjusted earnings per share came in at $4.74, well above the consensus estimate of $4.25, while operating income reached $40.6 billion, also topping forecasts.

Azure Emerges as the Standout Performer

The biggest surprise came from Microsoft’s Intelligent Cloud business.

Revenue from the segment climbed 32% year over year to $39.3 billion, while Azure and other cloud services revenue surged 43%, comfortably ahead of prior company guidance that had pointed to growth closer to the high-30% range.

Microsoft Cloud generated $59.3 billion in quarterly revenue, up 27% from a year earlier. Meanwhile, commercial remaining performance obligations—a key measure of future contracted revenue—jumped 84% to $678 billion, highlighting sustained enterprise demand.

CEO Satya Nadella credited Microsoft’s AI strategy for the performance.

“We are advancing the frontier on the cost-to-outcome curve, ensuring every customer can turn tokens into business results,” Nadella said.

He also revealed that Azure generated more than $100 billion in annual revenue for the first time during fiscal 2026, while Microsoft 365 Copilot surpassed 30 million paid seats, demonstrating growing enterprise adoption of generative AI.

AI Spending Continues to Accelerate

Microsoft’s earnings also showed that its aggressive AI investments remain substantial.

Operating cash flow reached $55.4 billion during the quarter, while capital expenditures continued climbing as the company expanded data center capacity to support AI workloads.

Property and equipment spending reached nearly $35.8 billion during the quarter and almost $116 billion for the full fiscal year, underscoring Microsoft’s commitment to building AI infrastructure despite investor scrutiny over rising costs.

The company also returned $10.2 billion to shareholders through dividends and share repurchases during the quarter.

Why Crypto Investors Are Watching

Although Microsoft’s earnings are not directly tied to digital assets, the results carry important implications for crypto markets.

Bitcoin miners, AI-related blockchain projects, decentralized infrastructure networks, and tokenized computing platforms all benefit from continued enterprise investment in cloud infrastructure and artificial intelligence.

Strong demand for AI services also reinforces the broader investment narrative that has fueled capital flows into technology stocks and AI-linked crypto assets throughout 2026.

Microsoft’s results arrive as investors increasingly evaluate whether enormous AI infrastructure spending is generating sustainable returns. This quarter’s performance suggests demand continues to outpace supply, easing concerns that cloud providers may be overbuilding capacity.

What’s Next?

Attention now turns to Microsoft’s earnings conference call, where executives are expected to provide guidance on Azure growth, capital expenditures, operating margins, and fiscal 2027 expectations.

For investors across both traditional finance and crypto markets, Microsoft’s latest results offer another indication that enterprise AI adoption continues accelerating. Whether that momentum remains strong through the remainder of the year could influence sentiment across technology stocks, AI infrastructure providers, and digital asset sectors closely tied to the expanding artificial intelligence ecosystem.

The post Microsoft Crushes Q4 as Azure Growth Fuels AI Boom, How Should Traders Position? appeared first on BeInCrypto.

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“BTC’s Yardstick is hovering near historic lows, while several sentiment indicators are approaching capitulation territory,” stated Fidelity in its Q3 Signals Report on Tuesday.

However, bitcoin is currently trading around 50% below its all-time high, which is still shallow compared to previous bear market bottoms.

October Eyed as Key Cycle Timeframe

The Yardstick metric compares bitcoin’s market capitalization to network hashrate via a normalized Z-score, with values below -1 standard deviation indicating undervaluation.

It essentially measures whether the asset is trading at a fair price relative to the “energy cost” of its security. Low or negative readings signal undervaluation or cheap bitcoin, while high readings signal overvaluation and expensive BTC. The metric has been firmly in the “undervalued” zone for 83% of the past 92 days.

Bitcoin miners have faced increasing pressure as prices have fallen, yet the total hash rate has only fallen around 22% from its peak, “highlighting miner resilience.”

“As a result, the Yardstick is currently hovering near historic lows. This suggests BTC may be trading at a substantial discount relative to the energy securing the network.”

Two signals we’re watching are approaching significant levels.

BTC’s Yardstick is hovering near historic lows, while several sentiment indicators are approaching capitulation territory.

Could the market be nearing a bottom?

Explore the data in our Q3 2026 Signals Report… pic.twitter.com/XsliCQG9Lx

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— Fidelity Digital Assets (@DigitalAssets) July 28, 2026

This has likely happened because this cycle has lower price volatility than previous ones, and the mining industry has matured, with miners now managing energy costs more efficiently, said Fidelity.

Historically, this undervalued zone has aligned with accumulation phases and relative bottoms, which lasted almost 300 days in previous cycles.

“This bear market has experienced 203 days to date, suggesting October 2026 may represent a key timeframe for investors focused on cycle dynamics.”

Joao Wedson, founder of Alphractal, said, “Bitcoin is approaching a historically important zone.” BTC’s long-term holder to short-term holder realized cap ratio has reached 3.9, approaching the level above 4 that preceded major price bottoms in previous cycles.

The metric shows realized capital increasingly concentrated among long-term holders with strong conviction, while short-term speculative participation remains weak, indicating an advanced accumulation phase.

“This does not guarantee that the exact bottom is already in, but it shows that the market is approaching a zone previously associated with major cycle bottoms.”

BTC Price Outlook

Bitcoin has retreated by 5.5% from its five-week high of $67,000 on July 21, falling to just under $63,000 on Tuesday. However, the asset has made a minor recovery to tap $64,000 three times over the past 12 hours, failing to break resistance there.

Swissblock reported on Wednesday that Bitcoin’s “reconstruction phase” has hit another obstacle as momentum has escaped its most extreme negative readings but has now stalled.

“The structure continues to stabilize, but buying participation has not expanded enough to carry price forward,” they said.

The post Fidelity Flags October and Bitcoin Bottom as ‘Yardstick’ Hits Historic Lows appeared first on CryptoPotato.

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