Ethereum (ETH) down -5.38% in 24h
Ethereum is trading at $2,379, down -5.38% over the last 24 hours on Mavunta market data. Elevated volatility. Manage risk and size positions accordingly.
Live Ethereum (ETH) market alerts and AI-summarized crypto news from verified sources on Mavunta Pulse. Not financial advice.
Ethereum is trading at $2,379, down -5.38% over the last 24 hours on Mavunta market data. Elevated volatility. Manage risk and size positions accordingly.
Ethereum is trading at $2,397, down -5.02% over the last 24 hours on Mavunta market data. Elevated volatility. Manage risk and size positions accordingly.
The Ethereum Foundation's layoffs and the launch of EthLabs have sparked mixed reactions, with some prominent crypto figures expressing bullish sentiment despite the upheaval. The changes are seen as potentially positive for the network's evolution.
Ethereum faces a funding debate as a proposed tax on staking rewards is challenged by offchain funding from labs and large ETH holders. The plan may be obsolete as alternative funding sources emerge.
The Ethereum Foundation has laid off 54 employees, representing 20% of its workforce, as part of a strategic restructuring. Co-founder Vitalik Buterin indicated the foundation aims to cut its budget by approximately 40%.
Cboe is considering converting its Bitcoin and Ether continuous futures into perpetual futures, according to a report. The move comes amid US regulatory shifts and increased competition from Coinbase and Kalshi in the perpetual futures market.
The Ethereum Foundation is laying off 20% of its staff (54 employees) as part of a reorganization into focused clusters, following several leadership departures. The move aims to create a leaner structure for the non-profit organization.
The Ethereum Foundation has announced a 20% reduction in its workforce, coinciding with notable changes in its leadership team. This move reflects ongoing challenges within the organization.
BitMine, led by Tom Lee, has acquired $92 million worth of Ethereum, bringing its total holdings to approximately 4.7% of the circulating supply. The firm is working towards its target of owning 5% of the total ETH supply.
A group of significant Ethereum stakeholders, including BitMine, Sharplink, and Joe Lubin, are collaborating to establish a new research and development lab. The initiative aims to enhance the Ethereum network and support the growth of ETH.
Bitmine, Sharplink, and Joe Lubin have announced their support for a new nonprofit organization called Ethlabs, which aims to enhance Ethereum's readiness for increased institutional demand driven by stablecoins, tokenization, and artificial intelligence.
The Ethereum Foundation is facing renewed discussions regarding its leadership following the resignation of co-executive director Hsiao-Wei Wang. This development has prompted the community to reassess the foundation's direction and governance.
A new Ethereum research hub called Ethlabs has been established with backing from major corporate holders, including SharpLink, Bitmine, and Consensys CEO Joe Lubin. This initiative aims to further the development of the Ethereum network beyond the traditional support of the Ethereum Foundation.
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