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Vitalik Buterin Stirs Market Dynamics with Massive Ethereum Sales
The cryptocurrency landscape continues to evolve, with the Ethereum Foundation once again capturing market attention through its strategic asset management. On December 17, 2024, the organization executed another notable transaction, selling 100 ETH for $420,500, which has sparked intense speculation and analysis within the crypto ecosystem.
Transparency and Financial Strategy
Diving deeper into the Foundation's financial approach reveals a nuanced picture. This year, the organization has systematically liquidated 4,466 ETH, translating to approximately $12.62 million. Despite maintaining a substantial treasury valued at $970.2 million—predominantly composed of Ethereum—these consistent sales have prompted significant discussion and scrutiny.
Funding Ecosystem Development
Ethereum co-founder Vitalik Buterin has been transparent about the motivation behind these transactions. The sales are strategically designed to support public blockchain projects and maintain robust organizational reserves. However, the crypto community's interpretative lens varies, with some questioning the timing and frequency of these liquidations.
Market Sentiment and Price Dynamics
Ethereum's recent price performance presents an intriguing narrative. The cryptocurrency recently breached the $4,010 threshold, a milestone not seen since March 2024. Historically, such price surges have been followed by considerable volatility, creating a complex environment for investors and market analysts.
Technical Indicators and Potential Scenarios
Current market data highlights some critical signals. Exchange reserves have experienced a notable 100,000 ETH increase, representing approximately $400 million. The Relative Strength Index (RSI) currently suggests a bearish trend, potentially indicating a possible 13% price correction. If these patterns persist, Ethereum might witness a pullback towards the $3,500 range.
Navigating Uncertainty
The Foundation's treasury management strategy remains a focal point of ongoing discussions. While Buterin emphasizes the necessity of these sales for ecosystem development, investors and market participants continue to monitor the situation closely.
Strategic Implications
The Ethereum Foundation's approach underscores the intricate balance between maintaining financial sustainability and supporting blockchain innovation. These calculated sell-offs represent more than mere financial transactions—they reflect a broader commitment to long-term ecosystem growth and strategic resource allocation.
As the cryptocurrency market continues to mature, the Ethereum Foundation's actions provide valuable insights into responsible asset management. The coming months will be crucial in understanding how these strategies impact Ethereum's trajectory and broader blockchain ecosystem.
For those tracking Ethereum's development, these transactions offer a glimpse into the complex decision-making processes behind one of blockchain's most significant platforms. Prudent investors will likely maintain a balanced approach, considering both the Foundation's strategic moves and broader market trends.
The narrative surrounding Ethereum's financial management is far from static. Each transaction tells a story of innovation, strategic planning, and the continuous evolution of blockchain technology.
#Vitalik #VitalikButerin #eth #ethereum #EthereumFoundation
Transparency and Financial Strategy
Diving deeper into the Foundation's financial approach reveals a nuanced picture. This year, the organization has systematically liquidated 4,466 ETH, translating to approximately $12.62 million. Despite maintaining a substantial treasury valued at $970.2 million—predominantly composed of Ethereum—these consistent sales have prompted significant discussion and scrutiny.
Funding Ecosystem Development
Ethereum co-founder Vitalik Buterin has been transparent about the motivation behind these transactions. The sales are strategically designed to support public blockchain projects and maintain robust organizational reserves. However, the crypto community's interpretative lens varies, with some questioning the timing and frequency of these liquidations.
Market Sentiment and Price Dynamics
Ethereum's recent price performance presents an intriguing narrative. The cryptocurrency recently breached the $4,010 threshold, a milestone not seen since March 2024. Historically, such price surges have been followed by considerable volatility, creating a complex environment for investors and market analysts.
Technical Indicators and Potential Scenarios
Current market data highlights some critical signals. Exchange reserves have experienced a notable 100,000 ETH increase, representing approximately $400 million. The Relative Strength Index (RSI) currently suggests a bearish trend, potentially indicating a possible 13% price correction. If these patterns persist, Ethereum might witness a pullback towards the $3,500 range.
Navigating Uncertainty
The Foundation's treasury management strategy remains a focal point of ongoing discussions. While Buterin emphasizes the necessity of these sales for ecosystem development, investors and market participants continue to monitor the situation closely.
Strategic Implications
The Ethereum Foundation's approach underscores the intricate balance between maintaining financial sustainability and supporting blockchain innovation. These calculated sell-offs represent more than mere financial transactions—they reflect a broader commitment to long-term ecosystem growth and strategic resource allocation.
As the cryptocurrency market continues to mature, the Ethereum Foundation's actions provide valuable insights into responsible asset management. The coming months will be crucial in understanding how these strategies impact Ethereum's trajectory and broader blockchain ecosystem.
For those tracking Ethereum's development, these transactions offer a glimpse into the complex decision-making processes behind one of blockchain's most significant platforms. Prudent investors will likely maintain a balanced approach, considering both the Foundation's strategic moves and broader market trends.
The narrative surrounding Ethereum's financial management is far from static. Each transaction tells a story of innovation, strategic planning, and the continuous evolution of blockchain technology.
#Vitalik #VitalikButerin #eth #ethereum #EthereumFoundation
How Vitalik Buterin Plans to Scale Ethereum. ♻️♦️
Ethereum grapples with scalability problems due to rising demand—congestion, high fees, and slow transactions. Buterin's proposal seeks to bolster Ethereum's PoS system, focusing on optimizing consensus and refining participant rewards for enhanced scalability and decentralization.
Too Many Signatures
Ethereum's 895,000 validators contribute to decentralization and staking participation but create a processing burden. Each validator signing every time slot results in managing hundreds of thousands of signatures, consuming significant resources and bandwidth.
Breaking Free from Signature Growth
Vitalik Buterin suggests transitioning from increasing signatures per slot to decentralized stake pools. This dual-layer system maintains decentralization and security, with randomly selected validators for accuracy and a lightweight layer for additional security in case of issues, reducing signatures per slot.
Rotating Participation
Buterin proposes a unique validator selection method in Ethereum, opting for a rotating participation approach based on stake size. Larger stake validators have higher selection probabilities but face longer waits between selections, encouraging diversification and participation in various pools. This introduces a trade-off between frequency and reward, fostering a more dynamic ecosystem.
A More Scalable and Decentralized Ethereum
Buterin's proposal for Ethereum aims to enhance scalability and decentralization through optimized signatures, reduced processing, and increased efficiency. Decentralized stake pools seek to enhance participation and counter centralization risks, while a two-layered system tackles scalability with a balance of accuracy and security. However, challenges such as a substantial PoS overhaul and complexities in stake pool optimization and potential vulnerabilities persist. It serves as a starting point for research, not a definitive solution.
Stay updated on Ethereum and blockchain news through my account. 💛♦️
#Vitalik #VitalikButerin #ETH $ETH
Ethereum grapples with scalability problems due to rising demand—congestion, high fees, and slow transactions. Buterin's proposal seeks to bolster Ethereum's PoS system, focusing on optimizing consensus and refining participant rewards for enhanced scalability and decentralization.
Too Many Signatures
Ethereum's 895,000 validators contribute to decentralization and staking participation but create a processing burden. Each validator signing every time slot results in managing hundreds of thousands of signatures, consuming significant resources and bandwidth.
Breaking Free from Signature Growth
Vitalik Buterin suggests transitioning from increasing signatures per slot to decentralized stake pools. This dual-layer system maintains decentralization and security, with randomly selected validators for accuracy and a lightweight layer for additional security in case of issues, reducing signatures per slot.
Rotating Participation
Buterin proposes a unique validator selection method in Ethereum, opting for a rotating participation approach based on stake size. Larger stake validators have higher selection probabilities but face longer waits between selections, encouraging diversification and participation in various pools. This introduces a trade-off between frequency and reward, fostering a more dynamic ecosystem.
A More Scalable and Decentralized Ethereum
Buterin's proposal for Ethereum aims to enhance scalability and decentralization through optimized signatures, reduced processing, and increased efficiency. Decentralized stake pools seek to enhance participation and counter centralization risks, while a two-layered system tackles scalability with a balance of accuracy and security. However, challenges such as a substantial PoS overhaul and complexities in stake pool optimization and potential vulnerabilities persist. It serves as a starting point for research, not a definitive solution.
Stay updated on Ethereum and blockchain news through my account. 💛♦️
#Vitalik #VitalikButerin #ETH $ETH
Crypto in 12H: Outflows, Shills, Listings, and ETH Predictions Galore!
In the dynamic world of cryptocurrency, the last 12 hours have seen a flurry of activity, with significant announcements, partnerships, and market movements. From a notable outflow in the Grayscale Bitcoin Trust to exciting developments in AI and crypto intersection, here's a comprehensive overview of what unfolded recently.
Market Movements:
1. Grayscale Bitcoin Trust Outflow:
- Noteworthy among the recent market movements is the outflow of $220 million from the Grayscale Bitcoin Trust ($GBTC). This figure surpasses the previous day's outflow of approximately $192 million, signaling significant shifts in investor sentiment.
2. Vitalik Buterin's Token Shill:
- Ethereum co-founder Vitalik Buterin took to a blog post to discuss the potential intersection between AI and crypto. He specifically endorsed tokens $WLD, $TAO, $NEAR, and emphasized the broader implications for the crypto space.
3. Nervos "BTCKB Initiative":
- The Nervos ecosystem fund launched the "BTCKB Initiative," aiming to bridge the gap between Bitcoin and the CKB blockchain. This initiative could have profound implications for the integration of Bitcoin into the Nervos ecosystem.
Project Updates:
4. Gnosis Card Launch:
- $GNO, under the Gnosis Pay umbrella, announced the imminent shipping of Gnosis Cards starting February 5. This development marks a step forward in the adoption of crypto-based payment solutions.
5. Magic Treasure Chain:
- $MAGIC's TreasureDAO revealed that it will release the Treasure Chain Litepaper on February 5, hinting at potential advancements in decentralized finance (DeFi) and crypto ecosystems.
6. ZeroLend Airdrop:
- $PYTH stakers were in for a surprise as ZeroLend announced a $ZERO airdrop. This move adds an extra layer of value for those participating in the $PYTH ecosystem.
7. Coinbase Asset Roadmap:
- In a strategic move, Coinbase added Render ($RENDER) to its asset roadmap. RENDER, the SPL Token of @rendernetwork, could witness increased visibility and accessibility.
Exchange and Listing Updates:
8. Bithumb Lists NEO and GAS:
- Bithumb, a prominent cryptocurrency exchange, revealed its plan to list $NEO and $GAS on the KRW market. This move could attract increased liquidity to these assets.
9. Bybit Perpetual Contract:
- Bybit, a leading cryptocurrency exchange, announced the listing of a perpetual contract for $TAO . This move expands the trading options for Bybit users.
Future Predictions:
10. Standard Chartered's Ethereum Forecast:
- Standard Chartered made a bold prediction, anticipating regulatory approval for spot Ethereum ETFs by May 23. The British bank also foresees Ethereum's price hitting $4,000 upon such approval.
Upcoming Events:
11. Open Campus "OC 100" Announcement:
- $EDU's Open Campus has teased an announcement titled "OC 100," scheduled for February 1. Community members await details regarding this upcoming development.
12. Klaytn and Finschia Merge Vote:
- The merge vote for $FNSA and $KLAY (Klaytn and Finschia) has been rescheduled to February 8, possibly signaling a pivotal moment for both projects.
13. Origin Protocol's DeFi Product Launch:
- $OGN, from Origin Protocol, is gearing up for the launch of a new DeFi product in February. The project promises revamped tokenomics and incentives.
Conclusion:
As the crypto space continues to evolve rapidly, these recent developments highlight the diverse and dynamic nature of the market. From market movements and project updates to exchange listings and future predictions, the last 12 hours have been marked by significant events that could shape the trajectory of the cryptocurrency landscape. Stay tuned for more updates as the crypto journey unfolds.
#Write2Earn #TrendingTopic #CryptoNews🔒📰🚫 #Vitalik
Market Movements:
1. Grayscale Bitcoin Trust Outflow:
- Noteworthy among the recent market movements is the outflow of $220 million from the Grayscale Bitcoin Trust ($GBTC). This figure surpasses the previous day's outflow of approximately $192 million, signaling significant shifts in investor sentiment.
2. Vitalik Buterin's Token Shill:
- Ethereum co-founder Vitalik Buterin took to a blog post to discuss the potential intersection between AI and crypto. He specifically endorsed tokens $WLD, $TAO, $NEAR, and emphasized the broader implications for the crypto space.
3. Nervos "BTCKB Initiative":
- The Nervos ecosystem fund launched the "BTCKB Initiative," aiming to bridge the gap between Bitcoin and the CKB blockchain. This initiative could have profound implications for the integration of Bitcoin into the Nervos ecosystem.
Project Updates:
4. Gnosis Card Launch:
- $GNO, under the Gnosis Pay umbrella, announced the imminent shipping of Gnosis Cards starting February 5. This development marks a step forward in the adoption of crypto-based payment solutions.
5. Magic Treasure Chain:
- $MAGIC's TreasureDAO revealed that it will release the Treasure Chain Litepaper on February 5, hinting at potential advancements in decentralized finance (DeFi) and crypto ecosystems.
6. ZeroLend Airdrop:
- $PYTH stakers were in for a surprise as ZeroLend announced a $ZERO airdrop. This move adds an extra layer of value for those participating in the $PYTH ecosystem.
7. Coinbase Asset Roadmap:
- In a strategic move, Coinbase added Render ($RENDER) to its asset roadmap. RENDER, the SPL Token of @rendernetwork, could witness increased visibility and accessibility.
Exchange and Listing Updates:
8. Bithumb Lists NEO and GAS:
- Bithumb, a prominent cryptocurrency exchange, revealed its plan to list $NEO and $GAS on the KRW market. This move could attract increased liquidity to these assets.
9. Bybit Perpetual Contract:
- Bybit, a leading cryptocurrency exchange, announced the listing of a perpetual contract for $TAO . This move expands the trading options for Bybit users.
Future Predictions:
10. Standard Chartered's Ethereum Forecast:
- Standard Chartered made a bold prediction, anticipating regulatory approval for spot Ethereum ETFs by May 23. The British bank also foresees Ethereum's price hitting $4,000 upon such approval.
Upcoming Events:
11. Open Campus "OC 100" Announcement:
- $EDU's Open Campus has teased an announcement titled "OC 100," scheduled for February 1. Community members await details regarding this upcoming development.
12. Klaytn and Finschia Merge Vote:
- The merge vote for $FNSA and $KLAY (Klaytn and Finschia) has been rescheduled to February 8, possibly signaling a pivotal moment for both projects.
13. Origin Protocol's DeFi Product Launch:
- $OGN, from Origin Protocol, is gearing up for the launch of a new DeFi product in February. The project promises revamped tokenomics and incentives.
Conclusion:
As the crypto space continues to evolve rapidly, these recent developments highlight the diverse and dynamic nature of the market. From market movements and project updates to exchange listings and future predictions, the last 12 hours have been marked by significant events that could shape the trajectory of the cryptocurrency landscape. Stay tuned for more updates as the crypto journey unfolds.
#Write2Earn #TrendingTopic #CryptoNews🔒📰🚫 #Vitalik
#SleeplessAI will unlock of 10.62M $AI ~ $18.59M today! Will the price be dumped?
SleeplessAI was launched on Jan 4th as a GameFi project that combines AI. Its current market cap is ~$250 million (showing great potential compared to $XAI , $SAND , $ACE.
Based on the previous unlock period on Feb 4th, the price experienced an 8.1% decrease from 1.14 down to 1.05 (not influenced by BTC's correction).
However, THREE factors could prevent a price decrease during today's unlock:
1. BTC has increased by $20,000 in the past month, indicating that the uptrend season is approaching. #Bitcoin also recently hit 65k just an hour ago.
2. The bullish sentiment from Binance and the #GameFi community is evident. Additionally, #Vitalik is also bullish on projects related to #AI .
3. Being stickered AI, this token is likely to gain significant attention in the upcoming season.
SleeplessAI was launched on Jan 4th as a GameFi project that combines AI. Its current market cap is ~$250 million (showing great potential compared to $XAI , $SAND , $ACE.
Based on the previous unlock period on Feb 4th, the price experienced an 8.1% decrease from 1.14 down to 1.05 (not influenced by BTC's correction).
However, THREE factors could prevent a price decrease during today's unlock:
1. BTC has increased by $20,000 in the past month, indicating that the uptrend season is approaching. #Bitcoin also recently hit 65k just an hour ago.
2. The bullish sentiment from Binance and the #GameFi community is evident. Additionally, #Vitalik is also bullish on projects related to #AI .
3. Being stickered AI, this token is likely to gain significant attention in the upcoming season.
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🚀 Making #Vitalik Buterin's Cyberpunk Dream Come True on Ethereum 🌐
Vitalik Buterin, the visionary co-founder of Ethereum, has raised the flag of cyberpunk and invites us all to join the cause. In his recent post “Make Ethereum Cypherpunk Again,” Buterin urges us to return to the core values of blockchain: decentralization, open participation, censorship resistance, and credible neutrality.
In his call to action, Buterin highlights the importance of breaking the trend of "degenerate gamers" who divert attention towards memecoins and NFTs, moving away from the cypherpunk essence. But what is the shining beacon that illuminates the path to this renaissance?
🌐 ENS: The Fundamental Pillar of #Web3 🏛️
Amid the search for authenticity, Ethereum Name Service (ENS) emerges as a true non-financial on-chain use case. Nick Johnson, founder and lead developer of ENS, highlights its importance as a cypherpunk beacon in the vast Ethereum ecosystem.
ENS not only customizes Ethereum addresses, but stands as the gateway for Web2 companies scaling to Web3. With a focus on inclusivity and self-determination, ENS embodies the original vision of Ethereum.
🚀 Challenges and Promises of Ethereum 💡
Buterin points to high transaction fees as an obstacle, but acknowledges that Ethereum is at a crossroads. The move to proof-of-stake in 2022 was a bold step, but the network is still struggling to meet growing demand. The promise of reaching up to 100,000 transactions per second is the horizon that Ethereum seeks to conquer.
💪 The Road to Travel 🌈
Although the road to a cyberpunk Ethereum may be long, the community is confident that the network is headed in the right direction. Barney Mannerings, co-founder of Vega Protocol, highlights the importance of Buterin's vision and the need to build towards it.
DYOR and like for more!
#TrendingTopic
$ETH
Vitalik Buterin, the visionary co-founder of Ethereum, has raised the flag of cyberpunk and invites us all to join the cause. In his recent post “Make Ethereum Cypherpunk Again,” Buterin urges us to return to the core values of blockchain: decentralization, open participation, censorship resistance, and credible neutrality.
In his call to action, Buterin highlights the importance of breaking the trend of "degenerate gamers" who divert attention towards memecoins and NFTs, moving away from the cypherpunk essence. But what is the shining beacon that illuminates the path to this renaissance?
🌐 ENS: The Fundamental Pillar of #Web3 🏛️
Amid the search for authenticity, Ethereum Name Service (ENS) emerges as a true non-financial on-chain use case. Nick Johnson, founder and lead developer of ENS, highlights its importance as a cypherpunk beacon in the vast Ethereum ecosystem.
ENS not only customizes Ethereum addresses, but stands as the gateway for Web2 companies scaling to Web3. With a focus on inclusivity and self-determination, ENS embodies the original vision of Ethereum.
🚀 Challenges and Promises of Ethereum 💡
Buterin points to high transaction fees as an obstacle, but acknowledges that Ethereum is at a crossroads. The move to proof-of-stake in 2022 was a bold step, but the network is still struggling to meet growing demand. The promise of reaching up to 100,000 transactions per second is the horizon that Ethereum seeks to conquer.
💪 The Road to Travel 🌈
Although the road to a cyberpunk Ethereum may be long, the community is confident that the network is headed in the right direction. Barney Mannerings, co-founder of Vega Protocol, highlights the importance of Buterin's vision and the need to build towards it.
DYOR and like for more!
#TrendingTopic
$ETH
Vitalik Buterin Is Working On New Ethereum Vision. 🤐😱🤯
Ethereum's scalability has long been a topic of discussion, and recently, Vitalik Buterin shared insights on finding a "sweet spot" between calldata prices and gas limits.
🔹Disincentives for Calldata Use:
Buterin argues that the current balance disincentivizes using calldata for data availability, potentially impacting apps like StarkNet that rely on large calldata for on-chain proofs.
🔹Adjusting Calldata Costs:
One proposed solution involves increasing calldata costs while decreasing other opcode costs, aiming to strike a balance in the Ethereum Virtual Machine (EVM).
🔹EIP-4488 Proposal:
Another approach suggests capping calldata per block, as outlined in Ethereum Improvement Proposal EIP-4488. However, concerns arise about potential disincentives and impacts on calldata-dependent apps.
🔹Calldata Fee Market:
To address these challenges, there's a suggestion to establish a separate calldata fee market, akin to how data blobs are handled. This could potentially increase gas limits by adjusting calldata prices based on demand. However, it comes with increased complexity in analysis and implementation.
🔹EVM Loyalty Bonus:
An intriguing idea is offering an "EVM loyalty bonus" to compensate apps heavily reliant on calldata, providing an incentive for their continued use.
🔹Balancing Complexity:
While simply raising the calldata cost or creating separate fee markets might be too blunt or complex, a balanced solution could involve increasing calldata costs while reducing the costs of some operations. This approach or moving towards a model that incentivizes calldata use within the EVM is considered.
🔹Gas Limit Proposal:
In January, Buterin suggested a 33% increase in the Ethereum gas limit to 40 million, aiming to improve network throughput. However, this move comes with considerations of increased hardware loads and the potential for network spam and attacks.
#ETH #ethereum #VitalikButerin #Vitalik #EVM
Ethereum's scalability has long been a topic of discussion, and recently, Vitalik Buterin shared insights on finding a "sweet spot" between calldata prices and gas limits.
🔹Disincentives for Calldata Use:
Buterin argues that the current balance disincentivizes using calldata for data availability, potentially impacting apps like StarkNet that rely on large calldata for on-chain proofs.
🔹Adjusting Calldata Costs:
One proposed solution involves increasing calldata costs while decreasing other opcode costs, aiming to strike a balance in the Ethereum Virtual Machine (EVM).
🔹EIP-4488 Proposal:
Another approach suggests capping calldata per block, as outlined in Ethereum Improvement Proposal EIP-4488. However, concerns arise about potential disincentives and impacts on calldata-dependent apps.
🔹Calldata Fee Market:
To address these challenges, there's a suggestion to establish a separate calldata fee market, akin to how data blobs are handled. This could potentially increase gas limits by adjusting calldata prices based on demand. However, it comes with increased complexity in analysis and implementation.
🔹EVM Loyalty Bonus:
An intriguing idea is offering an "EVM loyalty bonus" to compensate apps heavily reliant on calldata, providing an incentive for their continued use.
🔹Balancing Complexity:
While simply raising the calldata cost or creating separate fee markets might be too blunt or complex, a balanced solution could involve increasing calldata costs while reducing the costs of some operations. This approach or moving towards a model that incentivizes calldata use within the EVM is considered.
🔹Gas Limit Proposal:
In January, Buterin suggested a 33% increase in the Ethereum gas limit to 40 million, aiming to improve network throughput. However, this move comes with considerations of increased hardware loads and the potential for network spam and attacks.
#ETH #ethereum #VitalikButerin #Vitalik #EVM
✨ #Vitalik Buterin Cautions on AI in Blockchain
#Ethereum co-founder Vitalik Buterin advises caution when integrating AI with blockchain technology. He highlights potential risks, especially in high-value applications like prediction markets or stablecoins.
Buterin acknowledges the benefits of AI in enhancing crypto interfaces but warns against using AI in critical roles, like governing crypto systems, due to vulnerability to attacks.
💬 The potential applications are promising but come with significant risks, especially in areas prone to adversarial machine learning attacks.
He suggests the biggest challenge is creating a decentralized AI using blockchain, which holds promise but also has lots of risks.
#Ethereum co-founder Vitalik Buterin advises caution when integrating AI with blockchain technology. He highlights potential risks, especially in high-value applications like prediction markets or stablecoins.
Buterin acknowledges the benefits of AI in enhancing crypto interfaces but warns against using AI in critical roles, like governing crypto systems, due to vulnerability to attacks.
💬 The potential applications are promising but come with significant risks, especially in areas prone to adversarial machine learning attacks.
He suggests the biggest challenge is creating a decentralized AI using blockchain, which holds promise but also has lots of risks.
Vitalik Buterin Transfers 1,300 ETH ($3.19M) to Wallet 0x556
17 hours ago, Ethereum co-founder Vitalik Buterin moved 1,300 ETH (worth $3.19M) from his wallet 0xd04 to wallet 0x556:
Vitalik’s Wallet: 0xd04daa65144b97f147fbc9a9b45e741df0a28fd7
Following the transfer, wallet 0x556 deposited 74.17 ETH ($182K) into Paxos.
Interestingly, between August 14 and October 24, 2023, wallet 0x556 had received 5,700 ETH ($9.51M) from Vitalik's wallet and deposited 5,102 ETH ($8.44M) into Bitstamp at an average price of $1,654.
This recent move continues the trend of significant ETH transfers from Buterin's addresses.
#VitalikButerin #Vitalik #ETH $ETH
17 hours ago, Ethereum co-founder Vitalik Buterin moved 1,300 ETH (worth $3.19M) from his wallet 0xd04 to wallet 0x556:
Vitalik’s Wallet: 0xd04daa65144b97f147fbc9a9b45e741df0a28fd7
Following the transfer, wallet 0x556 deposited 74.17 ETH ($182K) into Paxos.
Interestingly, between August 14 and October 24, 2023, wallet 0x556 had received 5,700 ETH ($9.51M) from Vitalik's wallet and deposited 5,102 ETH ($8.44M) into Bitstamp at an average price of $1,654.
This recent move continues the trend of significant ETH transfers from Buterin's addresses.
#VitalikButerin #Vitalik #ETH $ETH
🚨⚠️ Vitalik Buterin Emergency Speech about Crypto ‼️🚨🚨🚨
🚨 ⚠️ Vitalik Buterin Warns Against ‘Crypto’ Supremacy In Politics ‼️🚨🚨🚨
Vitalik Buterin, the co-founder of Ethereum, has expressed his concerns regarding the political influence of the "crypto" space and its potential to stifle innovation ¹. Here are some key points from his statement:
- *Anarcho-tyranny*: Buterin believes that the current regulatory environment in the U.S. is creating an "anarcho-tyranny" situation for developers, where there is a lack of clear guidelines and oversight, leading to legal ambiguity and potential risks.
- *Incentive against clarity*: He notes that this environment creates a paradoxical incentive against clarity, where projects that offer vague or opaque ideas are more likely to bypass regulatory scrutiny, while projects that attempt to provide transparency and clarity are more likely to be categorized as "securities" and face legal challenges.
- *Rewards for lack of transparency*: Buterin argues that this situation rewards projects for offering less transparency, rather than encouraging them to provide clear information to their customers.
- *Call for clarity*: He suggests that regulators should reward firms that offer a "clear, long-term story" for their tokens and outline the rationale for their growth, rather than penalizing them for providing transparency.
- *Impact on innovation*: Buterin believes that the current situation stifles innovation in the crypto space, as developers are discouraged from creating new projects due to the legal uncertainty and potential risks involved.
- *Need for balanced regulation*: He emphasizes the need for balanced regulation that encourages innovation while protecting users and preventing fraud.
🔔 Stay informed! 🔔
✅ Like 👍 | Comment 💬 | Retweet 🔁 |
Follow me for more updates! 👉 @Kaleem Crypto Mehfil KCM
Let's keep the conversation going! 💬
#KaleemsCryptoMehfilKCM #VitalikButerin #ETH🔥🔥🔥🔥 #Vitalik #MarketInsights
🚨 ⚠️ Vitalik Buterin Warns Against ‘Crypto’ Supremacy In Politics ‼️🚨🚨🚨
Vitalik Buterin, the co-founder of Ethereum, has expressed his concerns regarding the political influence of the "crypto" space and its potential to stifle innovation ¹. Here are some key points from his statement:
- *Anarcho-tyranny*: Buterin believes that the current regulatory environment in the U.S. is creating an "anarcho-tyranny" situation for developers, where there is a lack of clear guidelines and oversight, leading to legal ambiguity and potential risks.
- *Incentive against clarity*: He notes that this environment creates a paradoxical incentive against clarity, where projects that offer vague or opaque ideas are more likely to bypass regulatory scrutiny, while projects that attempt to provide transparency and clarity are more likely to be categorized as "securities" and face legal challenges.
- *Rewards for lack of transparency*: Buterin argues that this situation rewards projects for offering less transparency, rather than encouraging them to provide clear information to their customers.
- *Call for clarity*: He suggests that regulators should reward firms that offer a "clear, long-term story" for their tokens and outline the rationale for their growth, rather than penalizing them for providing transparency.
- *Impact on innovation*: Buterin believes that the current situation stifles innovation in the crypto space, as developers are discouraged from creating new projects due to the legal uncertainty and potential risks involved.
- *Need for balanced regulation*: He emphasizes the need for balanced regulation that encourages innovation while protecting users and preventing fraud.
🔔 Stay informed! 🔔
✅ Like 👍 | Comment 💬 | Retweet 🔁 |
Follow me for more updates! 👉 @Kaleem Crypto Mehfil KCM
Let's keep the conversation going! 💬
#KaleemsCryptoMehfilKCM #VitalikButerin #ETH🔥🔥🔥🔥 #Vitalik #MarketInsights
Ethereum and Memecoin Comment from a Famous Name: What's Happening in the Ecosystem?
According to Evgeny Gaevoy, CEO of cryptocurrency platform Wintermute, #Ethereum leaders have to choose between supporting a capitalist or socialist economic system, but they cannot handle both. Following the recent comments of Ethereum co-founder Vitalik Buterin and Ethereum-based decentralized exchange (#DEX ) Uniswap founder Hayden Adams, Gaevoy said in a post on X on June 6 that you can't have both and touched upon the memecoin projects of famous names.
Gaevoy; Buterin argued that Adams and many others within the Ethereum community face a contradiction, claiming that they want to develop products that bring positive change to society and are ultimately valuable, continuing the effort to solve for maximum extractable value: $21 Million Prize Pool from BinanceTR Awaits You ! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto!
“#Vitalik , Hayden and many others are trying to solve capitalism by saying that what we build can only be respected if the result is valuable or the best developers are respected.”
Gaevoy argued that blockchain technology itself helps create systems based entirely on capitalist incentive. This follows Buterin's recent comments that celebrity memecoin projects provide nothing of value to society.
Buterin explained on June 5 that he believes the goal of a project should be that even if the tokens eventually become worthless, the average participant should still feel satisfied and happy with their involvement. Moreover, he argued that financialization can only be justified if it serves a purpose that adds value to society, such as improving healthcare, supporting open source software, and encouraging art and creativity.
$ETH $SHIB $DOGE
According to Evgeny Gaevoy, CEO of cryptocurrency platform Wintermute, #Ethereum leaders have to choose between supporting a capitalist or socialist economic system, but they cannot handle both. Following the recent comments of Ethereum co-founder Vitalik Buterin and Ethereum-based decentralized exchange (#DEX ) Uniswap founder Hayden Adams, Gaevoy said in a post on X on June 6 that you can't have both and touched upon the memecoin projects of famous names.
Gaevoy; Buterin argued that Adams and many others within the Ethereum community face a contradiction, claiming that they want to develop products that bring positive change to society and are ultimately valuable, continuing the effort to solve for maximum extractable value: $21 Million Prize Pool from BinanceTR Awaits You ! Participating and winning has never been easier. Sign up to BinanceTR from this link and get your first crypto!
“#Vitalik , Hayden and many others are trying to solve capitalism by saying that what we build can only be respected if the result is valuable or the best developers are respected.”
Gaevoy argued that blockchain technology itself helps create systems based entirely on capitalist incentive. This follows Buterin's recent comments that celebrity memecoin projects provide nothing of value to society.
Buterin explained on June 5 that he believes the goal of a project should be that even if the tokens eventually become worthless, the average participant should still feel satisfied and happy with their involvement. Moreover, he argued that financialization can only be justified if it serves a purpose that adds value to society, such as improving healthcare, supporting open source software, and encouraging art and creativity.
$ETH $SHIB $DOGE
🤖 Vitalik and Musk discuss the future... but not of crypto! 🌬
#VitalikButerin , the mastermind behind Ethereum, suddenly decided to ask #ElonMusk. about the CO2 levels of a fully-loaded #Robotaxi . While Musk was probably pondering the question, crypto enthusiasts in the comments had a different request: "Vitalik please think about eth, get us out of the mud. don’t think about CO2 😂" 💨
Meanwhile, Chinese authorities are planning to sell 542,000 $ETH , and investor interest in Ethereum is dropping fast. So while #Vitalik worries about emissions, crypto folks are worrying about their portfolios! 📉
#10MTradersLeague
#VitalikButerin , the mastermind behind Ethereum, suddenly decided to ask #ElonMusk. about the CO2 levels of a fully-loaded #Robotaxi . While Musk was probably pondering the question, crypto enthusiasts in the comments had a different request: "Vitalik please think about eth, get us out of the mud. don’t think about CO2 😂" 💨
Meanwhile, Chinese authorities are planning to sell 542,000 $ETH , and investor interest in Ethereum is dropping fast. So while #Vitalik worries about emissions, crypto folks are worrying about their portfolios! 📉
#10MTradersLeague
via Wublockchain
According to Spot On Chain, the multi-signature address marked by #ArkhamIntel as controlled by #Vitalik 's wallet: 0xfE…03B2 has been selling $ETH since receiving 3,800 ETH (about $9.99m) from Vitalik's related wallets on August 9 and 30. Currently, 760 ETH has been sold for 1.835 million $USDC , with an average price of about $2,414. The most recent sale occurred on September 8 at 18:07 UTC+8.
According to Spot On Chain, the multi-signature address marked by #ArkhamIntel as controlled by #Vitalik 's wallet: 0xfE…03B2 has been selling $ETH since receiving 3,800 ETH (about $9.99m) from Vitalik's related wallets on August 9 and 30. Currently, 760 ETH has been sold for 1.835 million $USDC , with an average price of about $2,414. The most recent sale occurred on September 8 at 18:07 UTC+8.
🤔Vitalik Buterin Reiterates He Has Never Sold Crypto for Profit👉
Vitalik Buterin Reiterates He Has Never Sold Crypto for Profit
In a recent statement, Vitalik Buterin, the co-founder of Ethereum, has once again clarified his stance on cryptocurrency investments. Buterin reaffirmed that he has never sold any of his cryptocurrency holdings for personal profit. This declaration is significant in the crypto community, where transparency and trust are paramount.
Buterin’s commitment to not cashing in on his crypto assets underscores his dedication to the long-term vision of Ethereum and the broader blockchain ecosystem. His decision to maintain his holdings rather than liquidate them reflects his confidence in Ethereum’s future and his belief in the project's mission.
This stance aligns with Buterin's reputation for prioritizing the development and growth of Ethereum over personal financial gains. It also serves as a reminder of the importance of holding true to one's principles in the rapidly evolving world of cryptocurrency.
As discussions around cryptocurrency investments and ethics continue, Buterin's position may influence how stakeholders and investors view the integrity of key figures in the space. His actions contribute to ongoing conversations about commitment, transparency, and the values that drive the cryptocurrency community.
For more insights into the latest developments, follow Binance Square and stay informed.#Vitalik #Gravity #EthereumETFApprovalExpectations
In a recent statement, Vitalik Buterin, the co-founder of Ethereum, has once again clarified his stance on cryptocurrency investments. Buterin reaffirmed that he has never sold any of his cryptocurrency holdings for personal profit. This declaration is significant in the crypto community, where transparency and trust are paramount.
Buterin’s commitment to not cashing in on his crypto assets underscores his dedication to the long-term vision of Ethereum and the broader blockchain ecosystem. His decision to maintain his holdings rather than liquidate them reflects his confidence in Ethereum’s future and his belief in the project's mission.
This stance aligns with Buterin's reputation for prioritizing the development and growth of Ethereum over personal financial gains. It also serves as a reminder of the importance of holding true to one's principles in the rapidly evolving world of cryptocurrency.
As discussions around cryptocurrency investments and ethics continue, Buterin's position may influence how stakeholders and investors view the integrity of key figures in the space. His actions contribute to ongoing conversations about commitment, transparency, and the values that drive the cryptocurrency community.
For more insights into the latest developments, follow Binance Square and stay informed.#Vitalik #Gravity #EthereumETFApprovalExpectations
Vitalik’s Meme Token Garage Sale 🏡 🚀
#VitalikButerin just sold off 8 meme tokens developers had “gifted” him, including one named VITALIK! 🎁 He cashed out a total of 651.6 $ETH
(~$1.62M). Maybe charity funds were running low, or he just wanted to declutter his meme stash. 😅
Here’s what he sold:
▪️#MOODENG : 10B for 395.95 #ETH🔥🔥🔥🔥
▪️MSTR: 200k for 93.23 ETH
▪️EBULL: 500M for 73.79 ETH
▪️POPCAT: 15M for 27.11 ETH 🐈
▪️FW O G: 31.4T for 22.53 ETH 💸
▪️MILO: 20B for 20.75 ETH
▪️TCATI: 500.1k for 12.81 ETH
▪️VITALIK: 201.9M for 5.49 ETH
#Vitalik 's advice to devs? Donate directly to projects in need… but hey, where’s the hype in that? 🤷♂️ As they say, all PR is good PR! 🎬
#moonbix
(~$1.62M). Maybe charity funds were running low, or he just wanted to declutter his meme stash. 😅
Here’s what he sold:
▪️#MOODENG : 10B for 395.95 #ETH🔥🔥🔥🔥
▪️MSTR: 200k for 93.23 ETH
▪️EBULL: 500M for 73.79 ETH
▪️POPCAT: 15M for 27.11 ETH 🐈
▪️FW O G: 31.4T for 22.53 ETH 💸
▪️MILO: 20B for 20.75 ETH
▪️TCATI: 500.1k for 12.81 ETH
▪️VITALIK: 201.9M for 5.49 ETH
#Vitalik 's advice to devs? Donate directly to projects in need… but hey, where’s the hype in that? 🤷♂️ As they say, all PR is good PR! 🎬
#moonbix
🗣️Vitalik Buterin:
"If quantum computers exist and malicious actors can use them to steal users' funds, the blockchain will need to be hard forked and users will need to download new wallet software. The infrastructure to implement such a hard fork could, in principle, begin to be built tomorrow. Thus, along with advances in quantum computing "If an emergency situation occurs, the Ethereum ecosystem can be made ready at the maximum level."
#Ethereum(ETH) #Vitalik $ETH
"If quantum computers exist and malicious actors can use them to steal users' funds, the blockchain will need to be hard forked and users will need to download new wallet software. The infrastructure to implement such a hard fork could, in principle, begin to be built tomorrow. Thus, along with advances in quantum computing "If an emergency situation occurs, the Ethereum ecosystem can be made ready at the maximum level."
#Ethereum(ETH) #Vitalik $ETH
Vitalik Buterin claimed Ethereum is less centralized than Bitcoin. ♦️🪙
Ethereum co-founder Vitalik Buterin recently emphasized Ethereum's stronger decentralization compared to Bitcoin. Speaking at ETHCC in Brussels, Buterin noted that a few mining pools dominate Bitcoin's computing power. He contrasted this with Ethereum's more diverse validator landscape, highlighting the higher number of independent stakers and the distribution of Lido's validators. While acknowledging the inherent trade-offs in blockchain design, Buterin's remarks underscore Ethereum's commitment to decentralization as a core value.
#Vitalik #VitalikButerin #EthCC #ethereum #Brussels
Ethereum co-founder Vitalik Buterin recently emphasized Ethereum's stronger decentralization compared to Bitcoin. Speaking at ETHCC in Brussels, Buterin noted that a few mining pools dominate Bitcoin's computing power. He contrasted this with Ethereum's more diverse validator landscape, highlighting the higher number of independent stakers and the distribution of Lido's validators. While acknowledging the inherent trade-offs in blockchain design, Buterin's remarks underscore Ethereum's commitment to decentralization as a core value.
#Vitalik #VitalikButerin #EthCC #ethereum #Brussels
🚨 Quantum Computer Breach Could Push $ETH To New ATH!
Chinese researchers claim they've made a major breakthrough in cracking encryption algorithms using quantum computing. Scientists from Shanghai University, led by Wang Chao, said they used a quantum computer to target encryption standards like AES-256, widely used to protect cryptocurrency wallets.
The encryption algorithms targeted — Present, Gift-64, and Rectangle — are core components of AES, considered one of the most secure cryptographic systems in use. Quantum annealing, the technique used in the study, allowed the quantum computer to efficiently find weaknesses by bypassing traditional computational obstacles. Wang's team claims this is the first time a quantum computer has posed a "real and substantial threat" to multiple encryption systems.
Quantum computers could pose a future catastrophic risk to the crypto world, where encrypted wallets could be cracked, exposing massive volumes of funds to theft.
Though this is a major step forward, limitations still exist. Environmental factors, hardware constraints, and the lack of a universal attack algorithm mean that quantum computers aren't yet ready to breach blockchain networks entirely. Moreover, the recent quantum attack didn’t crack specific passcodes, but it came closer than ever before.
Vitalik Buterin has already proposed a safeguard: a hard fork of the blockchain. If quantum threats emerge, the network could implement an upgrade that forces users to download new wallet software, preserving funds and fortifying security.
Are we ready for the quantum leap in computing? Considering Vitalik's recommended solution, Ethereum might be able to make a huge step forward within the next years, so keep an eye on the technical developments.
Follow @Professor Mende - Bonuz Ecosystem Founder for more!
#Ethereum #eth #VitalikButerin #Vitalik #QuantumComputers $ETH
Chinese researchers claim they've made a major breakthrough in cracking encryption algorithms using quantum computing. Scientists from Shanghai University, led by Wang Chao, said they used a quantum computer to target encryption standards like AES-256, widely used to protect cryptocurrency wallets.
The encryption algorithms targeted — Present, Gift-64, and Rectangle — are core components of AES, considered one of the most secure cryptographic systems in use. Quantum annealing, the technique used in the study, allowed the quantum computer to efficiently find weaknesses by bypassing traditional computational obstacles. Wang's team claims this is the first time a quantum computer has posed a "real and substantial threat" to multiple encryption systems.
Quantum computers could pose a future catastrophic risk to the crypto world, where encrypted wallets could be cracked, exposing massive volumes of funds to theft.
Though this is a major step forward, limitations still exist. Environmental factors, hardware constraints, and the lack of a universal attack algorithm mean that quantum computers aren't yet ready to breach blockchain networks entirely. Moreover, the recent quantum attack didn’t crack specific passcodes, but it came closer than ever before.
Vitalik Buterin has already proposed a safeguard: a hard fork of the blockchain. If quantum threats emerge, the network could implement an upgrade that forces users to download new wallet software, preserving funds and fortifying security.
Are we ready for the quantum leap in computing? Considering Vitalik's recommended solution, Ethereum might be able to make a huge step forward within the next years, so keep an eye on the technical developments.
Follow @Professor Mende - Bonuz Ecosystem Founder for more!
#Ethereum #eth #VitalikButerin #Vitalik #QuantumComputers $ETH
$ETH update!
Symmetrical triangle breakout confirmed!
After bouncing from the $2250 support level and retesting, we're now trading around $2400 ( 6% Up )
Congrats to those who bought the dip and are now riding the wave of profits!
The successful retest at $2250 has set the stage for a bullish run towards our $2800 target in the coming days.
Alert:
#Ethereum Staying above the $2250 support level is crucial for maintaining bullish momentum.
If we break down below this level, caution is advised!
Keep an eye on the charts and let's ride this wave together!
Join me for Quality Analysis:
#ETH #Vitalik #Memecoin #CryptoPatel
$MOVR $INJ
Symmetrical triangle breakout confirmed!
After bouncing from the $2250 support level and retesting, we're now trading around $2400 ( 6% Up )
Congrats to those who bought the dip and are now riding the wave of profits!
The successful retest at $2250 has set the stage for a bullish run towards our $2800 target in the coming days.
Alert:
#Ethereum Staying above the $2250 support level is crucial for maintaining bullish momentum.
If we break down below this level, caution is advised!
Keep an eye on the charts and let's ride this wave together!
Join me for Quality Analysis:
#ETH #Vitalik #Memecoin #CryptoPatel
$MOVR $INJ
LIVE
CryptoPatel
--
Bullish
#Ethereum Chart Pattern:
$ETH price is currently experiencing a bullish pattern in higher time frames, forming both a symmetrical triangle and a bull flag.
The breakout and subsequent retest of the support level have been confirmed, indicating a potential target of $2,800.
However, if the price of #ETH breaks down below the $2,240 support level, it could turn bearish, potentially dropping to the $1,900-$2,000 range.
It is always important to trade with caution, considering the trend and confirmations before making any decisions.
#BULLRUN2024 #CryptoPatel #Cryptosignals
$BTC $BNB
$ETH price is currently experiencing a bullish pattern in higher time frames, forming both a symmetrical triangle and a bull flag.
The breakout and subsequent retest of the support level have been confirmed, indicating a potential target of $2,800.
However, if the price of #ETH breaks down below the $2,240 support level, it could turn bearish, potentially dropping to the $1,900-$2,000 range.
It is always important to trade with caution, considering the trend and confirmations before making any decisions.
#BULLRUN2024 #CryptoPatel #Cryptosignals
$BTC $BNB