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#MarketPullback Top EF researchers discuss Ethereum's 'endgame' in 'ask me anything' including Vitalik Buterin, Justin Drake and Dankrad Feist discuss everything from scaling Ethereum to bolstering base layer revenue in wide-ranging Q&A on Reddit. Foundation researchers responded to questions about scaling, Layer 1 revenue and security, in their latest semi-annual Reddit “AMA” (Ask Me Anything) session. The session comes amid a shift for the organization as former EF Executive Director Aya Miyaguchi announced she is "stepping up" as the organization’s president, following months of community backlash. $ETH #endgame
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#SBF1stTweetIn2Yrs People are putting money behind the outcome’ — Polygon CEO on Polymarket Polygon CEO Marc Boiron explains how PolyMarket turns prediction markets into powerful decision-making tools by allowing people to stake money on real-world outcomes. Polymarket, a blockchain-based prediction market built on Polygon, is changing how people access and use information, according to Polygon Labs CEO Marc Boiron. Speaking with Roundtable host Rob Nelson, Boiron explained that financial stakes make PolyMarket a more reliable predictor than opinion-driven platforms like Reddit, allowing people to make critical life decisions based on market-driven insights. Boiron noted that PolyMarket isn’t just a betting site — it’s a tool for understanding real-world probabilities. $POL
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Solana Hits Lowest Price in 2025, Down Over 50% Since January Peak Solana’s native token hit a four-month-low price of $132 on Tuesday, down from its record high of $293 set in January.price has plunged more than 50% from its all-time high as trading activity on its network slows amid concerns about its involvement in a scandal involving the Libra meme token and wider crypto market swoon. $SOL fell to $132 at one point Tuesday, its lowest point since October, before rebounding slightly, according to crypto markets data provider CoinGecko. The token of the Solana blockchain is currently down about 5% over the past 24 hours, as of this writing, at a current price of $144. Solana’s price hit $293 in early January. The decline of the sixth-largest digital asset by market value has accelerated over the past 11 days after the Libra token—which is issued on the Solana platform—lost about 90% of its value in hours, sparking accusations of fraud and calls for the impeachment of Argentine President Javier Milei. #solana #MemeCoinMarket
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#BTCDipOrRebound GameStop pressured to bet big on Bitcoin with $5B reserve proposalCOMING SOON: A New Way to Earn Passive Income with DeFi in 2025 L In this post: Strive Asset Management’s CEO, Matt Cole, sent a letter to GameStop’s Ryan Cohen, pushing the company to convert part of its $5 billion cash reserve into Bitcoin. GameStop is considering Bitcoin and other crypto investments, but no final decision has been made yet. Ryan Cohen recently met with Bitcoin advocate Michael Saylor, fueling speculation that GameStop might follow Strategy’s Bitcoin strategy. GameStop is being pushed to put its money where the future is—Bitcoin. Matt Cole, CEO of Strive Asset Management, sent a letter on February 24 to Ryan Cohen, GameStop’s chairman and CEO, asking the company to convert a huge portion of its $5 billion cash reserve into Bitcoin. Strive manages exchange-traded funds (ETFs) that hold GameStop stock, and Matt claims this gives his company a “fiduciary responsibility” to advocate for decisions that maximize shareholder value. “We believe GameStop has an incredible opportunity to transform its financial future by becoming the premier Bitcoin treasury company in the gaming sector,” Matt wrote in his letter. His argument? Holding cash is a losing game. Bitcoin, he claims, would protect GameStop’s reserves against inflation and help the company outpace monetary debasement.Gamestop, on a proposal to adopt the Bitcoin standard. According to Matt’s letter, GameStop has reduced operating losses and offset deficits through interest income from its cash holdings. He said:
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All about Ethereum’s Pectra upgrade: What went wrong? Ethereum’s Pectra upgrade faced finalization issues on Holesky testnet, delaying its expected rollout timeline.Ethereum Pectra upgrade was shipped out but encountered a misconfiguration issue. $ETH dropped to its 2024 lows above $2K; will it recover from the support? The much-awaited Ethereum[ETH] upgrade, Pectra, was shipped out on the Holesky testnet on the 24th of February. However, it encountered finalization issues, where all nodes must reach a consensus on the blocks produced to make them immutable. According to ETH developers familiar with the matter, the finality issue was caused by a misconfiguration on major execution clients, namely Geth, Nethermind, ETHjs, and Besu. Georgios Konstantopoulos, Paradigm CTO, and one of the team members behind the upgrade highlighted a bug connected with the deposit Contact Address (CA) for the Pectra upgrade. The developers initially planned to activate the Pectra upgrade on the Holesky testnet on the 24th of February, then on Sepolia on the 5th of March, before going live on the mainnet. Since the Holesky activation didn’t go smoothly, the timeline for the upgrades is now uncertain. That said, large players doubled down on ETH last year which was a bullish cue for the altcoin, per CryptoQuant’s founder, Ki Young Ju. Meanwhile, ETH was back to its 2024 lows above $2000 on the price charts. The price area stopped the early February liquidation cascade and could offer a relief bounce if it holds again. #MarketPullback #ETHPriceWatch
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