The Ethereum Foundation has responded to criticism over its recent ETH sales and unstaking activities, clarifying that its primary role is to support the Ethereum protocol rather than influence ETH's market price. Researcher William Mougayar highlighted that the Foundation operates as a non-profit focused on funding core operations like protocol research and ecosystem development, not as a marketing entity for ETH. Recent sales to BitMine and large unstaking moves have sparked debate among ETH holders seeking clearer communication. The Foundation aims to reduce its central role as Ethereum matures, prioritizing long-term protocol health over short-term market reactions.
Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...
Ethereum's new 'Strawmap' draft roadmap outlines seven major upgrades by 2029 aiming to reduce transaction finality from 16 minutes to as little as 6 seconds and increase Layer 1 throughput to 10,000 transactions per second. The plan includes advance...
Ethereum rose following a U.S. inflation report showing slower CPI growth, which weakened the dollar and boosted risk assets. Binance saw over $1.2 billion in Ethereum buy volume, pushing prices near $1,895. However, the rally lost steam as Bitcoin a...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
Bitcoin crossed the $65,000 mark with improving market sentiment, reflected by a Crypto Fear & Greed Index of 35. Despite recent volatility and liquidation of over 79,000 traders, Bitcoin and Ethereum saw significant inflows into spot ETFs, signaling...
