Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.
Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.
Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.
#ETHProspects come on 2025 surge, let's buy gass flying to 5000$ETH maybe now it's just low, but in 3 months it will jump to 5000$ a very significant increase,,, don't hesitate. trust your own instincts", celebrate the victory in the future..
$SOL Solana crypto is a high-throughput blockchain based on Proof of History (PoH) and Proof of Stake (PoS) consensus. Built by a team of network engineers, Solana aims to be the blockchain infrastructure for modern internet applications.#sol $SOL
#CryptoUsersHit18M hopefully at the beginning of the year the bnb coin will soar to reach 1000$ so that it can compete with eth and follow the btc coin which has now reached more than 1m, hopefully it can fight and there will be no decline in the days to come $BNB
Big Breaking: SEC’s Gensler Threatens Elon Musk with Charges Unless He Settles in 48 Hours
SEC Chair Gary Gensler has issued a settlement demand to Elon Musk, warning him of potential charges unless payment is made within 48 hours.
The Securities and Exchange Commission is reportedly preparing multiple charges, but the letter remains vague about the specifics, such as the exact nature of the charges and how many of Musk’s companies are involved.
The SEC is investigating his brain-computer interface company Neuralink and the latest letter stated that the SEC had “reopened” its probe into Neuralink this week.
It also revealed that Musk’s attorney, Alex Spiro, was subpoenaed by the SEC, with threats of a process server if he didn’t comply.
Amid the chaos, Musk took to his X handle and wrote, “The SEC is just another weaponized institution doing political dirty work.”
For the unversed, the SEC has been investigating Elon Musk for delaying the disclosure of his 9.2% stake in Twitter.
He only revealed his stake on April 4, 2022, about ten days after surpassing the 5% disclosure threshold required by law.
According to the Hart-Scott-Rodino Act, anyone who acquires at least 5% of a public company must disclose it within ten days.
In May 2024, Musk agreed to testify in the SEC’s investigation but failed to comply with their deposition request, leading the SEC to seek sanctions in a San Francisco court.
Experts React To Gensler’s Latest Action
Pro-XRP lawyer John Deaton reacted to the news, saying this is how the SEC treats the richest man in the world. He pointed out that small businesses and entrepreneurs, without the resources Elon Musk has, are likely treated even worse.
Deaton brought to attention how the SEC’s actions in the LBRY case show their aggressive tactics, threatening to bankrupt Jeremy Kauffman and LBRY before even filing a lawsuit.
He also said that Ripple and CEO Brad Garlinghouse spent over $150 million defending themselves.
#BitcoinKeyZone There are currently 18.3 million BTC in circulation, with 12.5 new bitcoins being created (mined) every 10 minutes. The supply of BTC has been capped at 21 million BTC since its inception. Due to the limited supply, the price of BTC has skyrocketed by 2300% from January 2015 to January 2020, prompting many people to invest in BTC.$BTC