Former Ethereum developer Dankrad Feist proposed creating a new Ethereum-focused organization with at least $1 billion in funding to better align economically with Ethereum and support its value. The proposal calls for stronger leadership accountability to the community and a clear mandate to help increase ETH's price. This move adds pressure on the Ethereum Foundation, which faces criticism over governance, funding, and recent staff departures. Feist's plan highlights ongoing concerns about the Foundation's limited economic stake in ETH and its ability to fund long-term ecosystem support.
Ethereum's price rose 11.7% in the past week, triggering over $300 million in short liquidations. However, on-chain data shows a shift of assets back to exchanges, indicating holders might be preparing to sell. Other metrics like declining open inter...
Solana's price remained above a crucial support level despite a slight dip, supported by $5.75 million in net inflows into U.S.-listed spot Solana ETFs, contrasting with outflows from Bitcoin and Ethereum funds. Solana ranked second in global spot tr...
Ethereum is gaining attention as BitMine, an Ethereum treasury company, continues to accumulate and stake ETH, now holding about 4.8% of Ethereum's total supply. Meanwhile, Michael Saylor's Strategy sold some Bitcoin to fund dividends, challenging th...
Vitalik Buterin proposed the 'Extremely Lean Chain' to reduce Ethereum's Beacon Chain validator data from 48 bytes to 6 bytes, an 87.5% reduction. This change would shift most data off-chain, requiring validators to generate daily cryptographic proof...
Ethereum (ETH) saw a 10% gain in the past week but faced selling pressure after reaching the $1,800 resistance level, causing a nearly 2% drop recently. Despite a brief recovery in ETF inflows, overall market sentiment remains bearish with over $1 bi...
