Ethereum Foundation Cuts Not a Crisis
@JoeLubin defends Ethereum Foundation’s recent budget cuts and staff departures as necessary for evolution, emphasizing a focus on protocol stewardship amid competition from AI #Update #Crypto $ETH
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@JoeLubin defends Ethereum Foundation’s recent budget cuts and staff departures as necessary for evolution, emphasizing a focus on protocol stewardship amid competition from AI #Update #Crypto $ETH
Joseph Lubin-linked wallet moved 80,001 $ETH worth $121.6M after 36 months idle, deepening Ethereum’s decline. Markets watch for more moves from remaining 243,300 ETH. #Breaking #Crypto $ETH (-8) ↘
Ethereum ($ETH) faces bearish pressure as it nears critical support levels at $1,550 and $1,400; a breakdown could trigger further declines. #Update #Crypto $ETH
@F2Pool co-founder Chun Wang accumulates 17,560 $ETH worth $28.67M as price tests $1,500 support amid bearish sentiment; Ethereum faces potential further decline according to analysts. #Update #Crypto $ETH
$ETH plunges 10% to $1,545, erasing $468M in leverage; $ZEC crashes 40% after security flaw found. Altcoin cap drops below $1T. #Update #Crypto $ETH
BitMine Immersion Technologies seeks $300M via preferred stock sale with a 9.5% dividend to fund Ethereum accumulation, aiming for NYSE listing. #Update #Crypto $ETH
Ethereum’s price declined below $1,750, remaining bearish with resistance at $1,750 on the ETH/USD chart. Consolidation below $1,820 suggests potential further downside. #Update #Crypto $ETH
FG Nexus sold 36,025 $ETH for $83.92M, incurring losses over $85M from its 2025 ethereum treasury strategy. #Breaking #Crypto $ETH (-8) ↘
@Kalshi has launched Ethereum perpetual futures trading with zero fees, following the successful introduction of Bitcoin perpetuals for US users. #Update #Crypto $ETH
Bankless co-founder David Hoffman shifts capital from $ETH to $VVV, $NEAR, $ZEC, $HYPE, and $LIT, sparking debate on his investment strategy. #Update #Crypto
Tom Lee predicts $ETH could reach $250,000, making Ethereum a $30 trillion network. Current supply growth challenges this target, requiring unprecedented demand. #Update #Crypto $ETH
@FGNexus has sold an additional 10,000 $ETH, raising total losses to over $100 million as the firm continues to reduce its exposure. #Update #Crypto $ETH
BitMine aims to raise $300M via preferred shares for its ETH treasury, offering a 9.50% annual dividend; ETH staking is the primary revenue source. Crypto $ETH
Bitmine filed to raise $300M via 9.50% preferred stock, backed by Moelis and Cantor Fitzgerald, with plans to list on NYSE under BMNP. #Update #Crypto $ETH