Crypto analyst Ali Martinez has discussed Ethereum current price action as the second largest crypto by market cap remains below $4,000. The analyst outlined some facts to give a clearer picture of whether or not it is the right time to give up on ETH. Analyst Discusses Whether It Is Time To Give Up On Ethereum In an X post, Ali Martinez outlined certain facts to determine whether it is time to give up on Ethereum. First, the analyst noted that ETH has been one of the weakest performers lately, a development that looks to have prompted Vitalik Buterin to shake things up by changing the Ethereum Foundation’s leadership team. Related Reading: Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade Martinez then alluded to historical data showing that Ethereum performs well in the first quarter of each year. The analyst had previously hinted that this year is unlikely to be different. Back then, he noted that ETH delivers its strongest performance in Q1, particularly in odd-numbered years, and 2025 is one such year. Given Ethereum’s positive Q1 performance, Martinez remarked that this could explain why crypto whales have accumulated over $1 billion worth of ETH in the past week alone. He previously revealed that these whales had bought over 330,000 ETH, valued at over $1 billion. Furthermore, the crypto analyst remarked that the buying pressure is also evident in the exchange outflows, with nearly $2 billion in Ethereum withdrawn from crypto platforms over the past month. Specifically, 540,000 ETH, worth $1.84 billion, were withdrawn from exchanges over the past month. This accumulation trend is a positive as it indicates investors are still bullish on ETH. However, for Ethereum to break out bullishly, Martinez mentioned that it must overcome several key resistance levels. From an on-chain perspective, the crypto analyst highlighted the $3,360 to $3,450 zone as the major supply wall. This range is the most critical resistance level for ETH, while the key support zone is between $3,066 and $3,160. From A Technical Analysis Perspective Martinez also provided insights into the Ethereum price action from a technical analysis perspective. He stated that ETH appears to be forming the right shoulder of a head-and-shoulders pattern, with a neckline of $4,000. He added that a decisive breakout above this level could fuel a rally toward $7,000. Related Reading: Ethereum’s Large Consolidation Trend Points To Possible Price Explosion To $8,000 The crypto analyst also revealed that this upside target aligns with the Ethereum 3.2 Market Value to Realized Value (MVRV) Pricing Band, which is currently hovering around $7,000. Amid this bullish outlook, Martinez mentioned that one concerning sign is Ethereum’s network growth, which has slowed down. The number of new ETH addresses is said to have declined by 9.32%, indicating reduced adoption. Despite that, Martinez believes that Ethereum’s outlook is still bullish. He told market participants to keep an eye on the $2,700 to $3,000 support zone. According to him, this demand zone must hold to maintain ETH’s bullish outlook. At the time of writing, Ethereum is trading at around $3,200, down 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Buterin said recent comments leveled against current Ethereum Foundation director Aya Miyaguchi were “pure evil.”
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.
Ethereum co-founder Vitalik Buterin implied the foundation is looking at staking its ETH, despite previously choosing not to.
"People seeking a different vision are welcome to start their own organizations," Buterin wrote in a January 18 social media post.
Ethereum co-founder Vitalik Buterin has raised concerns about the potential dangers of unchecked Artificial Intelligence (AI) programs. In a Jan. 10 post on X, Buterin warned that improperly managed AI could create self-replicating intelligent entities that pose risks to humanity. He stated: “AI done wrong is making new forms of independent self-replicating intelligent life AI […]
The post Vitalik Buterin warns we need decentralized defenses to handle AI risks appeared first on CryptoSlate.
Ethereum co-founder Vitalik Buterin has published a sweeping vision for a new era of “decentralized and democratic differential defensive acceleration,” warning that superintelligent AI may pose existential threats unless humanity adopts a carefully balanced approach of accelerating protective technologies, fostering openness, and building strong liability and regulatory safeguards. Ethereum Founder Wars Of AI Doom “It’s […]
Vitalik Buterin says a last resort to “slow down” risky forms of superintelligent AI would be to have the capability to restrict available global computing power for a year or two.
Vitalik Buterin, Ethereum’s co-founder, has donated 50 ETH (approximately $170,000) to support the legal defense of Roman Storm, a Tornado Cash developer. The donation, confirmed by Storm on Dec. 31, marks another significant gesture by Buterin in defense of privacy and open-source development within the crypto space. Storm expressed heartfelt appreciation for Buterin’s contribution while […]
The post Vitalik Buterin helps Tornado Cash developer Roman Storm with $170k New Year donation appeared first on CryptoSlate.
Many in the crypto industry have criticized US authorities for sanctioning Tornado Cash smart contract addresses and charging developers with money laundering.
Howells told Cointelegraph about his legal battle to recover a lost $773 million Bitcoin hard drive, which he plans to use to finance blockchain innovation.
Buterin’s $300,000 donation will support the Khao Kheow Open Zoo operations and the development of a dedicated exhibit for Moo Deng and her family.
Crypto and animal welfare have never been more interconnected, using blockchain to fund and promote animal rights initiatives around the globe. At Thailand’s Khao Kheow Open Zoo, Ethereum co-founder Vitalik Buterin made headlines when he adopted Moo Deng, a juvenile pygmy hippopotamus. A $10 million Thai Baht ($290,000) donation to the zoo’s conservation efforts is part of this heartwarming gesture. Related Reading: Can Dogecoin Hit $4? Expert Sets Prediction For Breakout Timing News of the adoption raised MOODENG token values over 70%, suggesting growing interest in meme coins. Following the news, trading volume surged by 380%, implying that fresh investors jumped in to join the thrill around this special digital asset. Source: CoinMarketCap MOODENG Crypto Price Shoots Up The price of MOODENG rapidly increased from approximately $0.0001228 to $0.0002417 within a matter of hours, illustrating the rapidity with which market sentiment can fluctuate in response to positive news. Currently, the token is trading at approximately $0.0001958, which is a significant increase from its previous levels. Beyond just providing financial assistance, Buterin has committed to adopting Moo Deng and her family for a two-year period as part of the zoo’s Wildlife Sponsorship Program. This project not only demonstrates his dedication to animal welfare but also positions him as a well-known crypto industry figure who supports humanitarian programs. Thank you Vitalik Buterin @VitalikButerin for joining the Wildlife Sponsorship Program and adopting Moo Deng with a generous gift of 10,000,000 THB for her family! We look forward to working with you over the next 2 years for the benefit of the Khao Kheow Open Zoo community & all… pic.twitter.com/Ykrr53Y2tZ — สวนสัตว์เปิดเขาเขียว Khao Kheow Open Zoo (@KhaokheowZoo) December 26, 2024 Contribution To Charity Buterin’s philanthropic efforts are well-documented. He has donated large sums of money to a number of causes in the past, including funding efforts and contributions to the fight against COVID-19 within the Ethereum network. His latest donation to Moo Deng is one of the best examples through which cryptocurrency can be leveraged for social good. Buterin stated his happiness about becoming the adoptive father of Moo Deng and underscored the importance of conservation efforts. The donation will be disbursed in two installments: an immediate payment of 5 million THB, with the balance to be paid within one year. This systematic method guarantees that the zoo can efficiently organize its conservation initiatives while simultaneously improving Moo Deng’s environment. Related Reading: Dogecoin (DOGE) Hints at Revival: Can It Defy The Odds? The Road Ahead For Meme Coins The rise of MOODENG highlights a fascinating trend in the cryptosphere: meme coins are becoming platforms for philanthropic activities and community involvement as well as speculative assets. Buterin’s involvement has cultivated a perception of genuine community involvement and social responsibility, despite the fact that many view these tokens with skepticism due to their volatility. The increased awareness of MOODENG’s association with animal welfare and Buterin’s philanthropic background may serve as a catalyst for other cryptocurrencies to emulate them. Featured image from San Diego Zoo, chart from TradingView
Buterin has been making frequent crypto donations to charitable organizations, including memecoins that get sent to his wallet address.
As the market continues its massive rally, Ukrainian lawmakers are preparing to legalize crypto soon officially. Local reports revealed that the parliament is working on a draft law but is not considering tax exemptions for digital assets. Related Reading: Coinbase CEO Slams Anti-Crypto SEC Commissioner, Urges Senate To Vote Her Out Ukraine Prepares To Legalize […]
Ethereum price finally took out the $4,000 resistance level, and one analyst says ETH could hit $15,000 by May 2025.
The Ethereum co-founder also proposed changes to ease transfers among layer-2 scaling networks.
Vitalik Buterin donated 30 ETH, worth just over $1 million, to Coin Center on Tuesday night.The donation came hours after a Coinbase-backed suit challenging U.S. sanctions against Tornado Cash won an appeals court victory.Coin Center is pursuing its own lawsuit against the Treasury Department's sanctions in a different appeals court.
A new Ethereum whale recently bought 18,000 ETH. Is it a sign that ETH’s rally will continue?
Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.
Concerns about Europe’s upcoming MiCA regulations and Vitalik Buterin’s plans to make Ethereum more efficient were the main focus of crypto investors this week.
Ethereum co-founder Vitalik Buterin has unveiled “The Splurge,” a comprehensive set of protocol upgrades aimed at addressing a variety of challenges within the Ethereum ecosystem. In his latest blog post titled “Possible futures of the Ethereum protocol, part 6: The Splurge,” Buterin delves into the technical intricacies of upcoming enhancements that seek to propel Ethereum […]
Vitalik Buterin shared his plan for “The Splurge,” with the goal to “fix everything else” in upgrading Ethereum, including planning for encryption-breaking computers.
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 […]
Vitalik Buterin’s “The Purge” aims to streamline Ethereum by reducing data bloat, simplifying the protocol and addressing technical debt for better efficiency.
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.
Ethereum’s next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.
Buterin’s roadmap aims to keep Layer 1 decentralized, ensure Layer 2s inherit Ethereum’s core values, and enhance seamless interoperability across chains.
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 […]