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 is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Ether has surged about 11% over the past week, outperforming other major cryptocurrencies like Bitcoin, which rose 4%. This rise is driven by $96 million inflows into U.S. spot ether ETFs, mainly BlackRock’s low-fee funds, while Grayscale’s higher-fe...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
