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ETH at $1,890, Glamsterdam Final Testing & Fannie Mae's Crypto Mortgage Shift
Audio is available on Spreaker — see link below.
Ethereum hits 200M wallets while price sits 33% below its 200-day EMA — the divergence between adoption and sentiment is the real story. Plus: Glamsterdam enters final testing for a Sept–Oct mainnet target, and Fannie Mae accepts crypto as mortgage collateral.
Audio is available on Spreaker — see link below.
Ethereum just crossed two hundred million non-empty wallets. And the price is sitting near eighteen ninety, down over thirty percent from its two-hundred-day moving average.
On the protocol side, the Glamsterdam upgrade has entered final testing. Mainnet target is September to October twenty-twenty-six.
Analyst Dan Tapiero has flagged the ETH/BTC pair as sitting near a critical technical level. The thesis is straightforward: a ten percent move in the pair against Bitcoin could trigger a fifty percent rally in ETH if resistance clears.
The crypto fear and greed index is sitting at twenty-five. That's extreme fear territory.
The Fannie Mae development is the most structurally significant regulatory story of the past twenty-four hours. The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to accept cryptocurrency as collateral for mortgage qualification.
The through-line across all of this is a clear divergence between fundamentals and price. Two hundred million wallets.
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