Invest ideasNews
23 Apr 2026, 21:30
The Ethereum ‘Bank Run’: What’s Happening Between ETH And The Financial Systems?
A new debate about Ethereum has emerged in the crypto community, as members now argue whether ETH can run the entire financial system. The discussion has caught the attention of pro-crypto lawyer Bill Morgan as well as members of the XRP community who have long advocated the XRP’s use case within global banking systems. Finance Expert Says All Banks Will “Go To Ethereum” Raoul Pal, co-founder and CEO of Real Vision, a US-based financial media company, has sparked widespread reactions in the crypto community after recently commenting on Ethereum’s potential role in the global banking system. Morgan, reacting to Pal’s comment on X, stated that the Real Vision CEO was essentially forecasting that “all banks will use Ethereum.” Related Reading: Ethereum Vs. Solana Vs. XRP: Which Coin Has Held Up Better? Morgan’s statement, which some interpreted as sarcastic, did not clearly agree or oppose Pal’s rather ambitious claim. Instead, he called it a “bold” prediction, and questioned the real conviction behind it and whether Pal was willing to bet on it. The pro-crypto lawyer shared a screenshot of Pal’s statement, in which the Real Vision CEO outlined why he believes Ethereum could eventually play a central role in the global financial system. Pal noted that he found it humorous and ironic that just one to two years ago, many market participants were dismissing ETH as a “dead” asset, arguing that its relevance had faded while questioning its long-term value. However, Pal took a different view, pushing back against that narrative by pointing to Ethereum’s underlying functionality and growth over the years. While others criticized the cryptocurrency, Pal believed the global banking system would eventually adopt ETH as a core chain. He added that this does not mean the future would become a mono-chain world where everything runs on a single blockchain. Rather, he explained that his point is based on how financial institutions typically operate. Pal pointed out that banks usually prioritize systems that prove they can survive, perform consistently, and remain sustainable over long periods. He also added that financial institutions tend to favor older technologies, since people are generally cautious of adopting new systems that could backfire and put their jobs at risk. From that perspective, he believes that Ethereum is the ideal digital network for all banks to use, as institutions mostly adopt technologies that meet those standards. Crypto Community Reacts To Pal’s ETH Claims Under Morgan’s post, members of the crypto community shared mixed reactions to Pal’s claims that the “banking system will go to Ethereum.” While some agreed with the claims, many criticized it, arguing that Pal has a history of making predictions that are “wrong and misleading.” Related Reading: Analyst Says Ethereum Just Confirmed A ‘Turtle Soup’, Here’s What It Means At the same time, some members of the XRP community pushed back, contending that XRP is the cryptocurrency more likely to be adopted by banks and pointing to past remarks of support from Ripple co-founder Brad Garlinghouse. Overall, Pal’s statements have sparked a wave of discussion in the community, with skepticism dominating many of the responses. Featured image from Peakpx, chart from Tradingview.com
23 Apr 2026, 21:30
Bitcoin Mining Profit Guide April 2026: 14 ASIC Rigs Compared at $0.04 Per kWh
On Thursday, April 23, Bitcoin’s hashprice stood at $36.46 per petahash per second, and every one of the 14 top-ranked ASIC miners tracked in current profitability data is generating positive daily returns for operators paying $0.04 per kilowatt-hour. Key Takeaways: Bitcoin’s hashprice hit $36.46 per PH/s on April 23, 2026, keeping all 14 tracked ASIC
23 Apr 2026, 21:27
Solana Risks Further Drop Toward $80 Support if $88 Fails
Solana remains under pressure as analysts debate whether the asset is nearing a bottom or preparing for another decline. Price action around key resistance levels continues to shape sentiment, with short-term weakness clashing against growing long-term optimism. While some analysts highlight structural bearish signals, others argue that the prolonged correction phase may already be nearing completion. Short-Term Resistance Keeps Pressure Intact Morecryptoonl highlights a critical micro resistance zone between $86.82 and $88.46. Price continues to trade below this range, signaling hesitation after a brief recovery attempt. Consequently, sellers maintain control as repeated rejections confirm strong overhead supply. Moreover, this zone aligns with key Fibonacci retracement levels, strengthening its importance. Failure to break above it keeps the bearish outlook intact. Downside targets remain visible near $81.70, with additional support between $80 and $78.80. However, a decisive move above $88.46 could shift short-term sentiment. Such a breakout would suggest that a local bottom has formed. It could also open a path toward higher resistance between $90 and $96. Broader Downtrend Still Dominates BATMAN presents a more cautious perspective on Solana’s structure. The asset continues to print lower highs and lower lows since peaking near $260. This pattern reflects a clear and persistent downtrend. Additionally, Solana struggles to match the strength of other large-cap cryptocurrencies. Price remains below a major resistance zone between $95 and $100. This level previously acted as support, which now reinforces its role as resistance. Source: X Consequently, failure to reclaim this range increases the probability of further downside. A move toward the $70–$75 zone remains a realistic scenario. However, a strong breakout above $100 would invalidate this bearish structure and renew bullish interest. Long-Term Outlook Signals Potential Bottom CryptoCurb offers a contrasting long-term outlook, suggesting that Solana may already be forming a macro bottom. The current cycle has extended beyond the 420-day bottoming phase seen in 2022. This extended timeline strengthens the argument for accumulation. Significantly, price now sits just below the psychological $100 level. A successful reclaim could trigger a broader recovery phase. Upside targets would then emerge at $120, $160, and eventually previous highs near $260. Moreover, the analysis suggests that waiting for perfect entry points may prove costly. Early accumulation could position investors for a potential long-term expansion toward $1,000. Market Position and Current Metrics As of press time, Solana trades at $85.54 with a daily decline of just over 2% . Weekly losses also indicate continued weakness, while trading volume remains elevated. This suggests active participation despite uncertain direction.
23 Apr 2026, 21:25
Spot ETH ETF inflows hit 10-day streak: Will Ether rally to $3K next?
Inflows to the spot Ether ETFs topped $633 million over the past 10-days, but are the flows significant enough to trigger a rally to $3,000?
23 Apr 2026, 21:20
Spot BTC ETF inflows top $335 million in one day
🚀 Spot BTC ETFs took in $335 million in one day. Overall inflows into $BTC ETFs turned positive after months of stagnation. Continue Reading: Spot BTC ETF inflows top $335 million in one day The post Spot BTC ETF inflows top $335 million in one day appeared first on COINTURK NEWS .
23 Apr 2026, 21:19
FTX’s Sam Bankman-Fried withdraws request for a new trial, believes he won’t get justice
Sam Bankman-Fried, alias SBF, the disgraced founder of the now-bankrupt FTX crypto exchange, has withdrawn his motion for a new trial. This follows the recent conviction of Sam Bankman-Fried to serve 25 years in prison after his involvement in the fraud against FTX customers and investors, who felt he would not get a fair trial. SBF wrote to the judge in charge of his case, Judge Kaplan, that he may refile the motion after he appeals directly and the case is reassigned. Sam Bankman-Fried fears ‘justice’ is not on his side According to reports , Barbara Fried, his mother, filed a motion for a retrial on his behalf, citing new information in the case that warrants a fresh start. The first request for a retrial was a typical course of action after the verdict, usually based on claimed procedural errors during the original trial. As it stands, a Rule 33 motion is an application to a federal court seeking a retrial on the grounds of newly discovered evidence or a need for justice. SBF’s letter to Judge Kaplan. Source. Court docs. However, the details of SBF’s request, which was ultimately withdrawn, are no longer relevant. The circumstances under which the defense lawyers made their case were typically about the evidentiary record and other procedural issues. Bankman-Fried swears he wrote the motion himself while in custody at the Metropolitan Detention Center in Brooklyn. While emphasizing that he is the “author of the letter” sent to the judge, he stated that he consulted with his lawyers and parents, “as it affects them both.” SBF argues that “They made editorial and organizational suggestions, some of which I incorporated into the motion.” In addition, “They also helped print it, as I no longer had access to a word processor. I also shared earlier drafts with a New York attorney who was originally hired to represent me on the Rule 33 Motion before I decided to represent myself; they had no significant input into the ultimate motion.” Public reaction to Sam Bankman-Fried’s recent legal movements SBF is not well-liked in the crypto community, unlike Binance’s CZ. The reactions to his abandoning a retrial are beyond crazy. One X user says, “SBF really said, ‘nah this judge cooked me, ‘ and dipped.” Another user tied him to Terra Lab’s Do Kwon’s behavior, adding, “The fallout from this saga keeps rippling. Reminds me of the Terra crash aftermath, where leaders tried to shift blame instead of owning up.” Others have linked him with Harvey Weinstein, “a case of lying witnesses.” In any case, according to current calculations, FTX’s unliquidated portfolio is now worth $114 billion, with the largest return, 165x, coming from Anthropic, now valued at $82.3 billion. His conviction and sentence were viewed by many as a vital milestone in addressing the lack of accountability in the decentralized crypto space. The fact that he withdrew his retrial petition can be perceived by some people as him giving up on proving any further facts in this case. For others, it might just be a publicity stunt. Will SpaceX’s $50B deal for Cursor help SBF’s presidential pardon play? As reported in April 2022, Alameda Research, a company owned by Sam Bankman-Fried, invested $200,000. This Anysphere investment gave them a stake of about 5% in the company. It means that 5% of the AI startup called Cursor cost $200,000 in 2023. But now, after the new $60 billion deal between SpaceX and Cursor, 5% of the company is worth $3 billion. Recently, news broke about SpaceX’s cooperation with Cursor. At the $60 billion valuation of this deal, a 5% stake in the company sold by FTX at $200,000 would now be worth $3 billion. As reported by Cryptopolitan, that deal has improved his chances of receiving a presidential pardon. However, Trump said he will not be pardoning Bankman-Fried. If you're reading this, you’re already ahead. Stay there with our newsletter .
