Ethereum Foundation Faces Community Pressure Over ETH Staking Strategy
Vitalik Buterin responds to calls for the Ethereum Foundation to stake its ETH holdings rather than sell them for operational costs. The debate intensifies as community members propose alternative financial strategies while the foundation navigates regulatory and neutrality concerns.
Ethereum Foundation Faces Backlash Over Controversial ETH Token Sales
The Ethereum Foundation's recent ETH sales totaling over $670,000 have sparked intense criticism from the crypto community, particularly after a foundation employee's defense backfired. While competitors like Solana gain momentum, Ethereum grapples with maintaining investor interest amid its technical development focus.
Ethereum Whale Dominance Reaches 43%: Impact on Retail Trading Dynamics
Ethereum whale addresses now control 43% of total supply, doubling their holdings since early 2023 due to staking growth and the proof-of-stake transition. While much is locked in staking protocols, the concentration of power raises important considerations for retail traders navigating potential volatility.
Ethereum Price Could Soar to $7,000 Following Bullish Technical Pattern and Whale Activity
Crypto analyst Ali Martinez predicts Ethereum's price could surge to $7,000 based on an inverse head-and-shoulders pattern and significant whale accumulation. Recent on-chain data shows whales have acquired over 330,000 ETH in the past week, historically a precursor to major price movements.
Swiss State Bank PostFinance Launches Ethereum Staking Services
PostFinance AG, Switzerland's government-owned bank, introduces Ethereum staking services for customers through its e-finance platform, becoming the first systemically important financial institution to offer crypto staking. The implementation uses native staking directly on the Ethereum blockchain for maximum security and transparency.
Vitalik Buterin Defends Sony's L2 Strategy as Validation of Ethereum's Business Value
Ethereum co-founder Vitalik Buterin weighs in on Sony's controversial Layer-2 blockchain platform Soneium, highlighting how it demonstrates Ethereum's flexibility for enterprise adoption. Buterin emphasizes the platform's ability to balance corporate control with transparency through customizable smart contracts.
Sony Unveils Soneium: New Ethereum Layer 2 Platform Merges Entertainment and Blockchain
Sony enters Web3 with Soneium, a Layer 2 blockchain platform built on Ethereum, showcasing impressive testnet metrics and introducing innovative fan engagement tools. The launch demonstrates Sony's commitment to balancing decentralization with IP protection while simplifying blockchain adoption.
Sony Unveils Soneium: A Revolutionary Ethereum Layer-2 Platform for Web3 Innovation
Sony enters the blockchain space with Soneium, a groundbreaking Layer-2 platform built on Ethereum technology. The platform boasts impressive testnet metrics and introduces comprehensive features for creators, with Sony Entertainment and Sony Music leading adoption initiatives.
Ethereum's Supply Growth Nears Pre-Merge Levels, Signaling Shift from Deflationary Trend
Ethereum's total supply is expanding at 45,000 ETH monthly and approaching pre-merge levels, marking a departure from its deflationary period. The shift comes amid lower network demand and declining ETH prices, though analysts maintain optimistic long-term outlooks.
Major Ethereum Whale Dumps $33M Worth of ETH at a Loss Amid Market Downturn
A significant Ethereum investor offloaded 10,070 ETH tokens worth $33 million at a loss, coinciding with an 11% weekly market decline. The sale triggered massive exchange inflows of $338 million in 24 hours, though derivatives traders remain optimistic about recovery prospects.