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
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
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William Mougayar says critics are measuring the Ethereum Foundation by the wrong standard, claiming it was never meant to pump ETH or court institutions.
After a fairly good performance in April, the Ethereum price has reversed almost all its recent gains over the past month. As it crumbled under the weight of the bears heading into the weekend, the altcoin eventually found a cushion of support just above $2,000 in the early hours of Saturday. However, the Ethereum token seems […]
As the Ethereum Foundation undergoes restructuring, a debate on social media is pitting industry figureheads against one another to discuss the state of Ethereum and how it might be “saved.” Dankrad Feist, an Ethereum developer, proposes the rise of an organization “economically aligned” with the project. Ethereum at a Crossroads: Leadership Crisis Ethereum, the second-largest […]
Ethereum’s recent period of consolidation may be doing more than simply slowing price action. After a strong rally, ETH has entered a range-bound structure where buyers and sellers continue to battle for control, allowing the market to absorb gains and establish new support levels. Similar periods of consolidation have often preceded significant directional moves, particularly […]
