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The Narrative Collapsed and Ethereum Is Cheap. Is ETH finally a buy? The Ethereum options market is seeing unusually large put buying activity, with the $1,800 and $1,900 strikes attracting flows running approximately five times above normal levels. Since issuing our high-conviction short on May 16, 2026, Ethereum has declined 10%. But our bearish thesis predates that call. On October 31, 2025, with ETH trading at $3,800, we identified Ethereum as the smarter hedge. Prices have since fallen 47% (see also our interview from November). The thesis was always fundamental. The market is simply catching up. In early April 2026, with Ethereum trading near $2,000, we revisited our fundamental view, examining whether the conditions for a buy had emerged and what the real structural issues were. Today, we return to that question. Ethereum is cheap. But cheap is not the same as a buying opportunity. Fundamentals ultimately determine price; marketing narratives can only sustain a divergence for so long before reality reasserts itself. We have seen that cycle play out once already. So what has changed? Let us approach Ethereum from a different angle entirely. See our full report below.

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Protests have erupted across Asia over the rising cost of fuel. Negotiations to end the war are ongoing but if the Strait of Hormuz doesn't open soon, Asian governments could be in trouble. Learn how some countries are diversifying their energy sources:

Zhijin Cave is a UNESCO Global Geopark, China National Natural Heritage and 5A scenic spot. Hailed as China’s No.1 most beautiful cave & King of Karst Caves, it boasts world-rare diverse karst landforms and stunning crystal stalactites.

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Post N° 1162 9:05PM martes 26/5/2026 Apagón en diversos sectores de Cabudare y Barquisimeto cortesía de la gran gestión de Corpoelec y el gobierno regional #Corpoelec# #SinLuz# #Cabudare# #Lara# #Racionamiento# #Apagón# #Barquisimeto# #26Mayo#

Today we’re releasing DeepSWE, a new standard for agentic coding benchmarks. On public leaderboards, top models often look relatively close in capability. DeepSWE shows where they actually diverge, reflecting the realistic experience of developers in their day-to-day work.

Everyone says decentralization matters. Few explain why. Our research team's latest blog dives into the trade-offs, challenges, opportunities, and more, so you can learn what decentralization is beyond the buzzwords and what it does from the people working on it every day. 🔗