Ethereum is off to a rocky start this 2025, and its vibrant dev community isn’t happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether. The foundation’s transactions to move and sell its tokens became messier when one of its employees attempted to explain the situation, generating a lot of backlash. Related Reading: $24 XRP Prediction: Bitcoin Maxi Calls It Risky But Possible Ethereum’s recent transactions have occurred since Bitcoin and other top tokens have been ripping through the charts. Price-wise, Ethereum is trading between $3,200 and $3,384, which is too far from 2021’s high of $4,870. What’s Up, Ethereum Foundation? The Ethereum Foundation, the primary organization supporting the development of the blockchain, is not helping the cause. Regardless of its intention or the overriding objectives for unloading massive ETH tranches, these moves still leave a bad taste in the mouths of most holders and supporters. According to a recent post by Spot On Chain on Twitter/X, the foundation has recently moved another 100 ETH in exchange for 336,475 DAI. According to the account, the foundation sold 200 ETH tokens for $67k in the first few days of 2025 at an average cost of $3,361. The account added that ETH is 31% below its 2021 high of $4,878, while Bitcoin continues to retest its highs and currently breached the $109k level. [ATTENTION] The Ethereum Foundation just sold another 100 $ETH for 336,475 $DAI! In total, they have sold 200 $ETH ($672K) in 2025 at an average price of $3,361 over the past 12 days.$ETH remains 31% below its 2021 ATH of $4,878, while $BTC has hit a new ATH of $109K today!… https://t.co/9CWWVsrfhj pic.twitter.com/ZOr504i1HG — Spot On Chain (@spotonchain) January 20, 2025 Ether Supporter’s Comments Draw Negative Feedback The foundation’s latest transaction, the sale of 100 tokens, came after Josh Stark’s comments came to light. Stark, a popular ETH supporter, defended the foundation’s decision to sell these ETH tokens, arguing that they’re still actively using the blockchain’s native token. the EF uses Ethereum all the time, for instance to (1) swap ETH for stables (usually @CoWSwap) and (2) to pay people (grantees, team members) in stables and ETH, on mainnet and L2s. Events we run (like Devcon and Devconnect) take onchain payments and use onchain ID for tickets. — Josh Stark (@0xstark) January 20, 2025 In a Twitter/X posting, Stark explained that the foundation uses its tokens every time. These tokens buy stablecoins, pay their people in stablecoins, and support the blockchain’s events. Stark’s comments didn’t sit well with some crypto observers and commentators. Twitter/X user WazzCrypto hit Stark for using ETH “dump” as an explanation to support the foundation’s transactions. User @VelvetMilkman was disappointed with Stark, arguing that it’s a lame excuse for using the altcoins. Meanwhile, X user Trading_Axe has a more scathing, and no holds barred take on the issue: Their brains actually do not work at all. The fuck you need 300K for so urgently? What could you POSSIBLY, as the ETHEREUM FOUNDATION, when the entire world is watching, need 300K OF A PUBLIC SELL ORDER for? Mindless cockroaches. Retar Dio. — ً (@trading_axe) January 20, 2025 Related Reading: Trump Son Drops Hints About Major World Liberty Plans After Massive Ether Buy Buterin Sets The Record Straight For ETH Many critics say Ethereum is losing ground against other blockchains, particularly Solana. As such, many recommend that Ethereum stake its tokens instead of selling them to generate yields. The increasing number of comments and criticisms against the foundation has caught the attention of Vitalik Buterin, Ethereum’s co-founder. Buterin said the team has also explored many options, including staking their tokens. However, regulatory issues and potential problems with the hard fork prevented them from doing so. Although there’s a friendly regulatory environment right now, the risks associated with staking remain high. Featured image from ETF Stream, chart from TradingView
Buterin labeled inflammatory X posts about the head of the Ethereum Foundation as "pure evil."
The ether allocation comes amidst leadership changes aimed at improving technical expertise, communication, and support for app builders.
On-chain data shows that the Ethereum Foundation (EF) has sold 100 ETH for $336,475. On Jan. 20, blockchain analytical firm SpotOnChain reported that this marks the foundation’s second sale of Ethereum in 2025, bringing its total sales to 200 ETH (valued at $672,000). These transactions have reignited discussions within the Ethereum community about the foundation’s […]
The post Vitalik Buterin addresses controversy as Ethereum Foundation sells another 100 ETH appeared first on CryptoSlate.
Ethereum co-founder Vitalik Buterin said that if the Ethereum Foundation stakes its ETH, it forces it to take a position on any future contentious hard fork.
"People seeking a different vision are welcome to start their own organizations," Buterin wrote in a January 18 social media post.
The Ethereum Foundation (EF) has announced a substantial financial commitment, investing “tens of millions” of dollars into advancing zero-knowledge Virtual Machines (zkVMs), a cutting-edge technology poised to enhance scalability and security within the Ethereum ecosystem. Justin Ðrake, a researcher at the Ethereum Foundation, revealed the investment via a post on X: “The EF is investing […]
The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets. […]
The Ethereum Foundation (EF), a nonprofit supporting Ethereum’s blockchain ecosystem, has released its 2024 annual report detailing financial updates, treasury holdings, and recent policy initiatives. The report highlighted the organization’s budget breakdown, spending from recent years, and new policies designed to foster transparency and integrity across the Ethereum ecosystem. Treasury holding As of Oct. 31, […]
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The Ethereum Foundation launched Mekong, a short-term testnet allowing developers to explore UX and staking updates for the upcoming Pectra fork.
Two Ethereum Foundation researchers Justin Drake and Dankrad Feist have disclosed the decisions to drop their advisorship positions with EigenLayer. The two experts took on this role with the restaking protocol earlier in May 2024 — but much to the disappointment of the crypto community. As reported by Bitcoinist, the prominent crypto figures took the […]
Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields.
In a spirited response to allegations that the Ethereum Foundation has been irresponsibly selling off its ETH holdings, co-founder Vitalik Buterin firmly denied the accusations on X. In an explanation, Buterin provided detailed insights into the Foundation’s financial practices and its contributions to the ecosystem. The controversy arose after a X user accused the Ethereum […]
Data shows the Ethereum co-founder has nabbed the highest share of “KOL mindshare” on X this week, posting about Ethereum’s roadmap and defending from Ethereum critics.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Online reports revealed that the Chinese Government has started to move thousands of Ether (ETH) seized from a $4 billion crypto Ponzi scheme. As a result, Ethereum investors have recently shared their concerns about the possibility of a massive sell-off. Related Reading: Economists Propose Ethereum Founder As Nobel Economics Prize Candidate Investor Fear Upcoming ETH […]
The Ethereum Foundation increased yearly spending on new institutions, which accounted for 23.8% of the foundation's expenses in 2022.
A member of the Ethereum Foundation has recently addressed investors’ concerns following a massive ETH transfer by the non-profit organization on Friday. This development is particularly important as this transaction sparked bearish talks in the crypto community especially due to EF’s association with the Ethereum network. Related Reading: Spot Ethereum ETFs Are 1-Month Old – […]
A hacker broke into the Ethereum Foundation’s email server and sent scam emails to 35,794 people, recording 81 subscriber email addresses in the process.
The Ethereum Foundation is again in the news following its recent transaction involving millions of Ethereum (ETH) tokens. The non-profit organization’s Ethereum transactions are always significant, considering the impact they usually have on the second-largest crypto token. Ethereum Foundation Transfers $64.4 Million Worth Of ETH Crypto journalist Colin Wu revealed in an X (formerly Twitter) post that a wallet (0x8e…D052) linked to the Ethereum Foundation transferred 18,089 ETH ($64.4 million) to a new address (0x87…D812). On-chain data shows that the new address has yet to transfer these funds and that the ETH holdings have yet to be offloaded on the market. Related Reading: Solana Whale Shakes Market With $372 Million Transfer, Where Are The Coins Headed? Transactions involving the Ethereum Foundations are always concerning because the non-profit organization has a reputation for selling at the top. As such, the transaction of these funds is one to keep an eye on, considering that the potential sale of these tokens could mean that the Ethereum Foundation is again looking to catch ETH at the top. It is worth mentioning that the Ethereum Foundation has already sold over 1,700 ETH since the start of 2024 with on-chain analytics platform SpotOnChain, noting that these transactions have always occurred ahead of a price drop. Therefore, a potential price drop if these 18,089 ETH are eventually sold is a huge possibility. Despite this development, Ethereum’s outlook is very bullish, especially with Bloomberg analyst Eric Balchunas stating that the Spot Ethereum ETFs could begin trading by July 2. These funds are expected to spark a significant rally for the second-largest crypto by market cap, with crypto experts like Ash Crypto predicting that Ethereum could rise to $10,000 thanks to these Spot Ethereum ETFs. ETH To $10,000 Is The Most “Asymmetric Bet” Crypto analyst and trader Tyler Durden mentioned that the most asymmetric bet in crypto today is ETH reaching $10,000. He also highlighted Ethereum’s chart against Bitcoin and suggested that ETH was ready for that big move, considering it has traded sideways for eight months. The analyst also suggested that the Spot Ethereum ETFs will play a massive role in Ethereum’s rise to this price level. He stated that Wall Street went through a lot of effort to get the Spot Ethereum ETFs approved and that they would ensure that they make money from ETH while pumping its price. Related Reading: Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus Meanwhile, Durden boldly asserted that money would exit the Solana ecosystem and rotate to Ethereum. He claimed that Solana has lost its “main character and driver of liquidity”, which is why the money will flow into ETH. Interestingly, he mentioned that celebrities have “cannibalised,” which is why he believes that the capital rotation cannot happen the other way around with money moving from Ethereum to Solana. At the time of writing, ETH is trading at around $3,500, down in the last 24 hours, according to data from CoinMarketCap. Featured image from The Crypto Times, chart from Tradingview.com
According to a new report by Liquid Collective and Obol, Ethereum’s Pectra upgrade in 2025 poses significant risks, including concerns over client, operator, and cloud diversity.
A Galaxy Digital report reveals Ethereum’s decentralized governance avoids direct on-chain voting, detailing key stakeholder roles and transparency challenges.
Executive director Aya Miyaguchi said the foundation’s neutrality can’t depend on culture and individual judgment after researchers take multimillion-dollar roles at EigenLayer.
The proposal, initially introduced in February, could harden Ethereum's native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it's not broke, don't fix it.
The Ethereum Foundation (EF) has come under investigation by an undisclosed “state authority,”. As per a commit message on GitHub, the EF received a “voluntary inquiry” from the authority, accompanied by a confidentiality requirement. The details and scope of the investigation remain undisclosed, leading to speculation and uncertainty within the Ethereum community. However, this is […]
While Ethereum's rollup-centric roadmap could help the ecosystem reach new levels of scale, some developers think relying on third parties to improve access to Ethereum could backfire.
The lion's share of Ethereum's validators rely on the same piece of software to power their operations. According to some experts, this could be a big risk.