The Ethereum Foundation announced a 40% budget cut and laid off about 20% of its workforce shortly after the launch of EthLabs, a new Ethereum research organization backed by major ecosystem stakeholders. While some see these cuts as a sign of financial stress and challenges for Ethereum, others view them as part of the network's maturation and decentralization, with research and development spreading beyond the foundation. Industry leaders, including competitors, suggest the leaner foundation could be more focused and agile, while EthLabs is expected to drive future innovation and institutional adoption. This marks a shift towards a more distributed and resilient Ethereum ecosystem.
Ethereum price retreated after a 5% rally driven by U.S. inflation data, as traders took profits near $1,930. Strong support around $1,850 remains intact, keeping the technical outlook positive with $2,000 as the next key target. Market factors like ...
Ethereum (ETH) has gained over 10% in the past week, currently trading around $1,919 with bullish momentum supported by technical indicators like MACD and RSI. The price is approaching resistance near $1,951, with a potential breakout toward $2,000 i...
BlackRock transferred about 2,152 BTC worth $140 million from Coinbase Prime, coinciding with $181 million inflows into U.S. spot Bitcoin ETFs, highlighting ongoing institutional demand. Despite this, Bitcoin prices remained flat while Ethereum and s...
Bitcoin's most popular call option strike price has shifted down from $80,000 to $70,000, indicating a lower expected price ceiling for the cryptocurrency. Open interest in the $70,000 call option now exceeds $1.6 billion, reflecting traders' bets th...
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
