As user numbers decline and funding slows, the once-hyped web3 gaming sector appears to be approaching a potential crossroads. Blockchain gaming had a tough second quarter in 2025 as daily user activity dropped by 17%, and more than 300 gaming…

Crypto games are struggling in 2025, but big brands aren’t giving up

Bitcoin has corrected from its all-time high near $123,000, retracing into a 
key support zone marked by strong technical confluence. This area now holds 
the potential to act as a launchpad for a renewed move toward the highs, if 
it…

Bitcoin tests key support after ATH: will the range hold for a rebound?

Ethereum is undergoing a critical test after breaking above the key $2,850 
resistance level and reaching a local high of $3,080. Since then, ETH has 
retraced by less than 5%, holding steady and showing signs of strength amid 
broader market volatility. The ability to maintain levels above $2,850 is 
being closely watched by traders and analysts as a potential launchpad for the 
next leg higher. Related Reading: Ethereum Supply Locked Hits New ATH: Smart 
Money Bets On Long-Term Growth Market sentiment remains increasingly 
optimistic, fueled by strong fundamentals and signs of institutional 
accumulation. According to on-chain data, SharpLink Gaming—one of the first 
Nasdaq-listed companies to develop a treasury strategy centered on 
Ethereum—purchased another $73,210,000 worth of ETH yesterday. This marks 
another strong signal that smart money is confident in Ethereum’s long-term 
value. As the crypto market awaits key developments from US regulators during 
“Crypto Week,” Ethereum’s price action and on-chain indicators remain aligned 
with a bullish outlook. If ETH can hold current levels and build momentum, the 
path toward $3,500 becomes increasingly realistic. With rising institutional 
demand and strong network fundamentals—including record ETH staking—Ethereum 
appears well-positioned to lead the next phase of the altcoin market rally. 
SharpLink Becomes Largest Public ETH Holder With $611M in Ethereum SharpLink 
Gaming has officially become the largest publicly known holder of Ethereum, 
with total holdings now reaching 205,634 ETH, valued at approximately $611 
million. This milestone positions the Nasdaq-listed company at the forefront 
of institutional Ethereum adoption, setting a new benchmark for corporate 
treasury strategies in the crypto space. Top analyst Ted Pillows confirmed the 
latest purchase through on-chain data, revealing that the transaction 
originated from a Coinbase Prime hot wallet, commonly used by institutions for 
large-scale acquisitions. This move signals increasing confidence in 
Ethereum’s long-term value, particularly as companies begin diversifying 
beyond Bitcoin to gain exposure to smart contract infrastructure. Ethereum’s 
technical setup remains strong, with price holding well above the $2,850 
support zone following its recent move to $3,080. At the same time, 
fundamentals continue to improve. The ETH supply staked has reached new all- 
time highs, indicating that more long-term holders are locking up their assets 
rather than selling into strength. Combined with increased institutional 
interest, this reflects growing conviction in Ethereum’s role as a 
foundational layer for Web3. The coming weeks promise to be pivotal. With 
market sentiment turning bullish and Ethereum gaining traction in corporate 
circles, the stage is set for a sustained upward move, especially if broader 
macro and regulatory conditions remain favorable. Related Reading: $30B In 
Bitcoin Added By Accumulator Wallets: Are Long-Term Players Preparing Early? 
ETH Holds Above Key Breakout Zone Ethereum’s 3-day chart shows a bullish 
continuation pattern, with price currently holding at $2,978 after recently 
breaking through a critical resistance zone at $2,850. The breakout marked a 
shift in momentum following a prolonged consolidation phase and pushed ETH to 
a local high of $3,041.41. Although a slight retracement followed, the current 
structure remains strong as bulls successfully defend the $2,850–$2,900 area. 
This level is particularly important as it aligns with multiple technical 
indicators. The 200-day simple moving average (SMA) sits at $2,805.46, now 
acting as dynamic support. ETH also remains well above the 50-day and 100-day 
SMAs, currently at $2,244.80 and $2,661.68, confirming that the broader trend 
has turned bullish. Related Reading: Bitcoin Long-Term Holders Remain Steady 
As CDD Normalizes After False Alarm Volume remains elevated, suggesting 
continued buying interest on dips. If ETH holds above $2,850 in the coming 
sessions, the next logical target is the $3,300–$3,500 zone, where previous 
highs and psychological resistance converge. Featured image from Dall-E, chart 
from TradingView

SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads the Dip

In a major blow for the crypto industry, several bills championed by President 
Donald Trump failed to pass a crucial procedural vote in the House of 
Representatives on Tuesday. According to CNBC, the final tally stood at 
196-223, with 13 Republican representatives siding with Democrats to block the 
motion, marking a rare moment of dissent among House Republicans. House 
Rejects Key Crypto Legislation The proposed legislation included notable 
measures such as the GENIUS Act, which aimed to establish regulatory clarity 
for cryptocurrencies including stablecoins, which have gained notable traction 
over the past months among traditional firms. In light of the failed vote, 
House leadership has indicated plans to hold another vote later in the day. 
However, it remains uncertain whether this subsequent vote will address the 
same bills or if amendments will be made to appease those who opposed the 
original motion. Related Reading: Unraveling The Bitcoin Boom: Experts Decode 
Record $123,000 Surge This vote occurred during &#8220;Crypto Week,&#8221; a period 
enthusiastically promoted by President Trump in an earlier Tuesday post on the 
social media site X (formerly Twitter), in which the president stated: The 
GENIUS Act is going to put our Great Nation lightyears ahead of China, Europe, 
and all others, who are trying endlessly to catch up, but they just can’t do 
it. Digital Assets are the FUTURE, and we are leading by a lot! Get the first 
Vote done this afternoon (ALL REPUBLICANS SHOULD VOTE YES!). Market Reacts 
Negatively Despite the optimism surrounding &#8220;Crypto Week,&#8221; the failure of the 
vote sent ripples through the market. Notable crypto-linked stocks took a hit 
in response, with shares of stablecoin issuer Circle (CRCL) plummeting more 
than 7% toward $195. Related Reading: TD Cowen Projects Bitcoin At $155K By 
Year-End, Raises Strategy’s Price Target After the news broke, crypto exchange 
Coinbase (COIN) also saw its stock decline by over 4%, while digital asset 
firm Marathon Digital Holdings (MARA) experienced a dip of more than 2%. 
Featured image from DALL-E, chart from TradingView.com

‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts

When Cardano’s founder publicly asks, “How do I get one?” it’s more than 
curiosity; it’s validation. Emurgo’s Cardano Card could be the missing link 
between ADA’s ecosystem and everyday commerce, merging spending with 
collateralized loans, governance contributions, and tokenized RWA…

Why Charles Hoskinson’s interest in Emurgo’s Cardano card is a big deal

Fairshake reported raising $52 billion from the crypto industry in the first 
half of 2025, at a time when candidates previously supported by the PAC were 
providing crucial votes.