The Ethereum Foundation recently announced support for several new organizations aimed at expanding its ecosystem, but this sparked community backlash questioning the source of funding. Many believe the funds come from Ethereum's treasury, grants, or large ETH holders, raising concerns about transparency and financial priorities during a period of low investor confidence and declining ETH performance. Supporters argue that investing in development now is crucial to stay competitive, while critics worry about unresolved fundamental issues and lack of clear communication. The debate highlights growing demands for transparency and accountability within the Ethereum community.
Bitcoin fell to around $62,840, down 1.1% in 24 hours and 3.5% over the week, dragged down by a global selloff in technology stocks and semiconductor shares. Major altcoins like Ether, XRP, Solana, and Dogecoin also declined, while Tron was a rare ga...
USDC experienced a significant net outflow of $336 million as investors rotated stablecoin liquidity into USDG and Tron (TRX), indicating a shift within the stablecoin market rather than a broad crypto sell-off. Bitcoin and Ethereum flows remained ba...
Over $30 million rotated out of stablecoins USDT and USDC into major cryptocurrencies, with Bitcoin Cash (BCH) receiving the largest inflow of about $7.71 million. Ethereum and Bitcoin followed with $4.51 million and $4.28 million respectively. This ...
Over $122 million in long liquidations hit crypto markets in the last 24 hours, mainly affecting Bitcoin and Ethereum, signaling a risk reset as traders unwound leveraged bullish bets. Despite this, Bitcoin held steady and gained 0.40%, increasing it...
Binance recorded a net inflow of approximately $170 million in USDT stablecoins over a 24-hour period, indicating a significant rise in stablecoin deposits to the exchange. This inflow suggests increased deployable capital on Binance, potentially for...
