William Mougayar says critics are measuring the Ethereum Foundation by the wrong standard, claiming it was never meant to pump ETH or court institutions.
PumpFun expands to USDC trading pairs, strengthening stablecoin settlement for new tokens Sui enables gas-free stablecoin transfers on mainnet, improving payment efficiency BNB Chain post-quantum tests show 1,438% block growth and reduced throughput under load A new wave of platform and network upgrades shaped recent crypto market activity as PumpFun expanded support to USDC trading […]
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Ethereum Price Stuck In Downtrend Despite Strong Spot Demand | Bitcoinist.com
Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Opeyemi Sule is a passionate crypto enthusiast, a proficient content writer, and a journalist at Bitcoinist. Opeyemi creates unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi enjoys reading poetry, chatting about politics, and listening to music, in addition to his strong interest in cryptocurrency. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/ethereum-price-stuck-in-downtrend-despite-spot-buy/
The Ethereum price resumed its downtrend on Friday, May 22, after consolidating throughout the week. As a result of this distribution round, the second-largest cryptocurrency dropped by approximately 6.2%, forming a local bottom at $2,020. Although Ethereum has an ostensibly bearish structure, a recent on-chain analysis has revealed notable buying activity in its market. Yet, […]
Cardano's governance review could set a precedent for resolving blockchain conflicts, potentially enhancing investor confidence and system stability.
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The post Ethereum Smart Money Might Be Repeating This Playbook — ETH Soared 173% Last Time appeared on BitcoinEthereumNews.com.
Ethereum Smart Money Might Be Repeating This Playbook — ETH Soared 173% Last Time | Bitcoinist.com
Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Opeyemi Sule is a passionate crypto enthusiast, a proficient content writer, and a journalist at Bitcoinist. Opeyemi creates unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi enjoys reading poetry, chatting about politics, and listening to music, in addition to his strong interest in cryptocurrency. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/ethereum-smart-money-might-be-repeat-this-playbook/
The post HYPE Brothers Wax, ETH Brothers Wane appeared on BitcoinEthereumNews.com.
Key Takeaways. Bitcoin lost $80K as ETF demand cooled; Glassnode sees resistance, with October bottom eyed. Ethereum saw 8 EF exits and 31% staking; Bankless turmoil may spur a new ETH org. Hyperliquid’s HYPE rose 50% on $11M fees; CME pressure and ETF flows are next tests. Bitcoin spent the week grinding downward after losing the $80,000 level, finishing Friday just below $77,000. Ethereum and altcoins went sideways, with a few select outliers printing green candles. The very concentrated stock indices pushed higher once again, while precious metals continued consolidating. Meanwhile, bond markets in both the U.S. and Japan showed more signs of weakness as yields climbed even higher. Bitcoin is currently battling heavy overhead technical and institutional resistance. Glassnode corroborated this cautious outlook, noting that weakening spot demand, slowing ETF inflows, and overcrowded long positions are a
The post Ethereum Foundation defender says critics miss its real job appeared on BitcoinEthereumNews.com.
Blockchain researcher William Mougayar defended the Ethereum Foundation after months of criticism over ETH sales, unstaking activity, and limited public communication. Summary William Mougayar said critics misread the Ethereum Foundation by treating it like a marketing team. Recent Foundation sales to BitMine totaled 25,000 ETH across three OTC deals lately. Separate reports showed 38,305 ETH unstaked from Lido and earlier queues during recent treasury moves. Mougayar said critics often judge the Ethereum Foundation by the wrong standard. In his X post titled “Leave the Foundation Alone,” he argued that the group serves the protocol rather than ETH’s market price. He said ETH, Ethereum, and the Ethereum Foundation are separate parts of the ecosystem. He described ETH as money, Ethereum as shared compute, and the Foundation as a non-profit working to reduce its own role over time. E
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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others. In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to
