Cryptocurrency markets were stuck in limbo during the past week, as retail investor interest and Bitcoin trading volume on exchanges both fell to near 3–year lows 📊.

Bitcoin’s Coinbase Premium turned negative for the first time in 3 weeks, but BTC found support above the key $77,700 mark, near the latest purchasing price of Michael Saylor’s Strategy.

Yet despite the bear market’s pressure, Etherealize published research predicting that Ethereum will reach an ultimate price of $250,000 per ETH, as global investors price in its true potential next to BTC and gold 🚀.

Meanwhile, the Ethereum Foundation moved to unstake $48 million worth of Ether tokens, prompting widespread investor concern about incoming selling pressure once the exit queue clears.

Lastly, Galaxy Digital posted a $216 million loss for Q1 2026, a difficult period during which cryptocurrency markets declined by 20%.

Analysts see this part of the crypto market cycle as a delicate period where projects that bring true innovation will see more steady accumulation, while the lesser ones get steadily pruned out by the market illiquidity 🌱.

In this week’s CoinStats Scoop, you’ll find:

📊 Crypto Market Analysis And The Most Important News In Web3

🚀 Etherealize Charts Path to $250k ETH Price

⚠️ Ethereum Foundation Unstakes $48 Million of Ether, Triggering Investor Fears

📉 Galaxy Digital Posts $216 Million Q1 Loss Amid Crypto Market Downturn

💸 37% of Traders Cut Their Everyday Spending Due to Crypto Market Downturns

🔮 Analysis And Key Events That Will Shape The Crypto Market Next Week

Etherealize Charts Path To $250K ETH Price

Ether price could reach up to $250,000 due to its unique economic properties, according to analysis based on its monetary premium with Bitcoin and gold.

Gold and Bitcoin hold a cumulative monetary premium of about $31 trillion, held by investors seeking financial assets outside government control.

Ether’s market cap represents only 1% of this premium, but Etherealize argues that its superior financial properties will see most of this value “migrate to the superior asset,” they wrote in a report 🚀.

✍️ “The path to $250,000 depends on this being understood: ETH is not a technology bet. It is a superior monetary asset with an economic property that gold and Bitcoin strictly cannot replicate: it compounds.”

The report argued that ETH staking as a novel yield-generation mechanism, paired with ETH’s intrinsic use across DeFi, makes Ether a superior asset compared to gold and Bitcoin, which will eventually be recognized by safe-haven asset holders.

However, the prediction seems optimistic considering the current crypto bear market. Etherealize’s Ether prediction would imply an over 108x rally from the current price levels of around $2,400 ⚠️.

Ethereum Foundation Unstakes $48 Million of Ether, Triggering Investor Fears ⚠️

The Ethereum Foundation has unstaked $48 million worth of Ether, shortly after reaching the 70,000 staked ETH milestone.

On April 25, the Ethereum Foundation unstaked over 17,000 ETH worth about $48 million, according to Arkham.

Unstaking means withdrawing the ETH that was previously locked up in Ethereum’s staking contract to earn passive yield, in exchange for securing the network🔓.

For the Ethereum Foundation, the funds will be available after they are processed through the exit queue, which stood at 5 days and 18 hours at the time of writing, according to validatorque.

Multiple crypto traders said the transfer marks a concerning sign of incoming Ether selling pressure from the foundation, once the funds are available. The Ethereum Foundation holds another 92,500 ETH worth over $211 million.

Galaxy Digital Posts $216 Million Q1 Loss Amid Crypto Market Downturn 📉

Digital asset management firm Galaxy Digital posted a $216 million loss for the first quarter of 2026, as more crypto-focused companies are pressured by the market downturn.

Mike Novogratz’s Galaxy Digital (GLXY) reported $216 million in net losses, but losses came above expectations at $0.49 per diluted share, marking an improvement from the loss of $0.86 per share in Q1 2025.

The SEC filing also revealed $10.2 billion in gross revenue for Q1, the same as in Q4 2025, but down from $12.9 billion in Q1 2025. This brought Galaxy’s yearly gross revenue to $61.4 billion and the net loss to $241 million 💰.

Galaxy said that it is expecting more revenue from its Texas-based data center, Helios campus, signaling that the firm is transitioning more of its resources to target AI data center revenue, while crypto-related activities could take a backseat 🏗️.

Most of the large crypto companies saw unrealized losses for this period, as the global crypto market fell by about 20% during Q1 2026, according to CoinStats data.

37% of Traders Cut Their Everyday Spending Due to Crypto Market Downturns 💸

Over a third of cryptocurrency traders in the United States report cutting their spending habits during major crypto market downturns.

37% of US investors said they have reduced everyday spending, delayed or cancelled purchases as a direct result of the market downturn, with 10% describing these cuts as significant sacrifices to maintain their crypto positions, according to a CEX.io survey conducted among 1,100 respondents🧾.

Despite the crypto market correction, 79% of investors plan to hold or add to their positions in the next six months, signaling long-term conviction in the growth trajectory of digital assets.

The numbers mark a strong vote of confidence from retail investors, considering that Bitcoin is down over 40% from its all-time high of above $126,200 from October 2025.

📊 Market Overview: Bitcoin Exchange Volume Near 3-year Low as Coinbase Premium Turns Negative

Cryptocurrency markets were stuck in a crab walk for most of the week, pressured by reduced market liquidity and a lack of progress in the reported peace talks surrounding the Middle Eastern conflict⚠️ .

Bitcoin slid 0.4% during the past week, but found support above the crucial $77,600 mark, bolstered by the latest Bitcoin acquisition from Michael Saylor’s Strategy, which bought $255 million worth of BTC at an average purchasing price of $77,900.

Adding to the bearish sentiment, Bitcoin’s Coinbase Premium Index turned negative at -0.008 on April 28, for the first time in over three weeks, signaling a sharp decline in buying pressure from US-based spot markets, which represent the lion’s share of the global bidders.

The development may be a sign of weakening investor conviction in an immediate price recovery, meaning that some investors may await lower prices before buying in ⏳.

Social sentiment among retail traders is also at multi-year lows, as Google searches for the term “cryptocurrencies” fell to their lowest level in over 3 years.

“That explains the current sentiment. This is a fragile moment, where the strong survive, and the weak complain,” commented market analyst Joao Wedson, adding that this is the time of the market cycle where the “truly valuable” projects get separated from the empty promises of others ⚖️.

Meanwhile, Bitcoin and Solana recorded the highest level of investor fear across social media platforms since late 2025, signaling a lack of bullish engagement amid the growing illiquidity, wrote analytics platform Santiment, adding:

✍️ “Prices move opposite to the crowd’s expectations, so be cautious while there appears to be a high amount of retail optimism. Greed tends to cool down very quickly if prices fail to rally.”

Lastly, Bitcoin spot volume across all cryptocurrency exchanges fell to its lowest level since October 2023, in a red flag for day traders looking to take leveraged long positions.

The low volume across these exchanges can expose Bitcoin’s price to sharper corrections if corporate or ETF inflows also see a shift, wrote analytics firm Glassnode.

Tweets & Memes

Strategy is accelerating its corporate Bitcoin acquisitions despite the bear market 📈.

Don’t bet your portfolio on AI productivity, says Grayscale 🤖.

Kraken’s IPO may be just around the corner… 🚀

Investors are growing fearful about the safety of the top DeFi protocols since the $290 million Kelp exploit ⚠️.

Crypto card adoption is soaring despite the bear market 💳.

Polymarket users beware!

Thank you for reading the weekly CoinStats Scoop Newsletter.

CoinStats will continue to guide you through the world of crypto and DeFi. We’ll see you next week for another edition of CoinStats Scoop! 😎