Vitalik Buterin announced that the Ethereum Foundation will become a "smaller ship," focusing its resources on core values like censorship resistance, privacy, and security under the CROPS framework. This strategic shift means the foundation will sell less ETH and reduce its scope, coinciding with a significant talent drain and restructuring led by interim co-executive director Bastian Aue. Buterin also revealed that 90% of his net worth is in ETH, emphasizing the need for external support to sustain ETH's value. The foundation holds only 0.16% of all ETH and aims to stabilize its new form in the coming months.
Ethereum's price hovers around $2,100 amid ongoing weakness compared to Bitcoin, drawing criticism from Samson Mow, a Bitcoin supporter who expressed sympathy for Ethereum's struggles. The ETH/BTC ratio remains low, reflecting Ethereum's declining re...
Investors withdrew over $1 billion from bitcoin ETFs and $215 million from ether ETFs last week, signaling reduced interest in major crypto assets. Instead, funds flowed into alternative tokens, with new HYPE spot products gaining about $72 million a...
Ethereum is trading near a critical long-term support range between $1,600 and $2,000, identified as an accumulation zone where buyers might enter for the long term. The price recently dropped to around $2,006, close to this zone, and is also near th...
Ethereum's price has formed a bearish rounded top pattern after failing to hold above $2,400, with institutional outflows and leveraged shorts pushing it below $2,150. U.S. spot Ethereum ETFs have seen nine straight sessions of outflows, totaling abo...
Bitcoin's short-term price direction hinges on Thursday's U.S. Personal Consumption Expenditures (PCE) inflation report, a key indicator for Federal Reserve policy. Higher-than-expected inflation may pressure Bitcoin and altcoins, pushing prices lowe...
