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Crypto

Why Ethereum bull David Hoffman sold his ETH

David Hoffman, known as an Ethereum bull, sold all his remaining ether last week. He judged that ETH already reflects the price it should command in the market and that the scope for a re-rating is limited. Hoffman said Ethereum has achieved enough to justify its market value, but the investment case that “ETH is money” has weakened. He remained bullish on the Ethereum network, while noting layer2 networks capture most fees and profits.

Crypto

ETH and SOL treasury firms Sharplink, Forward set to join Russell indexes

Two U.S.-listed companies holding Ethereum and Solana as core assets have been placed on a preliminary list for inclusion in Russell indexes. CoinPost reported Sharplink and Forward Industries are set to join the Russell 2000 and Russell 3000 on June 29. Sharplink holds 868,699 ether worth about $1.8 billion, while Forward’s Solana holdings were put at about $585 million. Executives said index inclusion could broaden their shareholder base and improve liquidity.

AI & Enterprise

AI IQ project compares GPT-5.5, Gemini and Claude at a glance

A project called AI IQ has been released to compare the performance of the latest AI models with a single score. Engineer and entrepreneur Ryan Shay (Ryan Shay) said he converts multiple public benchmark results into an estimated IQ scale and averages four areas including abstract, math, programming and academic reasoning. The comparison includes models such as GPT-5.5, Claude Opus 4.7 and Gemini 3.1, and also shows trends over time and cost per IQ.