Tag:

Ethereums

Ethereum
Crypto Trends

Ethereum’s Next Milestone: November Fork Targets Scalability And Efficiency – Details

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum’s roadmap continues to unfold with a pivotal fork set for November, aimed at boosting scalability and streamlining efficiency across the network. With scalability long viewed as ETH’s biggest hurdle, this fork represents a critical step toward unlocking its full potential as the world’s leading smart contract platform.

Why This Fork Matters For Ethereum’s Long-Term Roadmap

Leading smart contract platform, Ethereum, is set for another important milestone this November. Sequence has highlighted on X that the Fusaka upgrade is a foundational hard fork infrastructure designed to strengthen the Ethereum Virtual Machine (EVM) while ensuring seamless compatibility for builders. 

This upgrade is engineered to abstract the blockchain complexity and deliver smoother authentication and user flows across the blockchain ecosystem. The best part is that Sequence is already ahead of the curve by having the tools and infrastructure that prepare developers for Fusaka’s impact today.

While the Fusaka upgrade aims at strengthening the ETH ecosystem, Wendy J has noted that ETH has seen a notable price dip, as the SentientAGI GRID chat has flagged some activity behind the move. According to the AI platform, several 100,000 ETH transfers were recorded in the past 24 hours.

Interestingly, this kind of large-scale transfer suggests that major holders are likely either profit-taking after the run-up or repositioning their capital. Sentient Chat also listed other factors that could have contributed to the market-wide dump. 

Source: Chart from Wendy J on X

In the meantime, analyst Wendy advised the community to use Sentient Chat for any crypto-related questions. With Sentient Chat, you can instantly generate asset reports fueled by DeFi data, request trading insights tailored to current conditions, or even deploy autonomous agents to handle on-chain tasks in real time to enhance decision-making and yield optimization.

Why This Correction Looks Healthy, Not Critical

On the daily time frame, the recent correction in Ethereum has pushed the Relative Strength Index (RSI) into a critical oversold zone, a level we have not witnessed since the major accumulation phase back in July. BTCBlueWhale mentioned that there is nothing critical in this current correction.  Meanwhile, back in July, ETH showed the same setup, and the price dipped into oversold territory, which retested the previous resistance level, and used that structure as a springboard for a massive rally.

Currently, the daily chart is printing a very similar scenario with trading in a comparable accumulation zone and showing a clear resistance-to-support (R/S) flip, which is a classic sign of structure holding the price strong. Layering on top of that, the setup aligns almost perfectly with the PO3 strategy.

ETH trading at $4,003 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

FalconX Opens Door to Trading Ethereum’s Native Yield

by admin



In brief

  • FalconX executed the first forward rate agreements benchmarked to the Treehouse Ethereum Staking Rate.
  • The products allow institutions to manage exposure to volatile staking yields, though they aren’t available to U.S. clients.
  • The launch follows record demand for Ethereum staking, with validator queues hitting two-year highs.

San Mateo, California-headquartered FalconX said Thursday it has executed the first forward rate agreements tied to Ethereum staking yields, introducing a new class of rate-based derivatives to the digital asset market.

The contracts reference the Treehouse Ethereum Staking Rate, or TESR, a benchmark published daily by infrastructure provider Treehouse. 

The measure is part of Treehouse’s “Decentralized Offered Rates” framework, intended to create crypto-native equivalents of widely used benchmarks such as Libor or the Secured Overnight Financing Rate.

Its launch comes as demand for staking has surged, with Ethereum’s validator entry queue recently hitting its highest level in two years amid billions of dollars in inflows to ETFs and corporate treasuries.



Ethereum staking yields have also fluctuated this year amid shifts in validator participation and network activity, prompting institutional investors to seek ways to manage rate exposure. 

By offering a structured product around those yields, FalconX and Treehouse said they aim to expand the fixed-income layer of digital assets.

FalconX, a digital-asset prime broker backed by Accel, Tiger Global, and GIC, said the TESR forwards allow institutions to hedge or speculate on returns from Ethereum staking, which has become the network’s native yield since its transition to proof-of-stake. 

Institutional participants in the initial trades include Edge Capital, Monarq, and Mirana. Other firms such as BitPanda, RockawayX, and Algoquant have expressed interest in the new market, according to FalconX.

The company told Decrypt the instruments are not currently available to U.S. clients.

“Staking rate derivatives like TESR FRAs are long overdue,” Nicholas Gallet, chief executive of Gallet Capital and a former rates trader at Nomura, said in a statement. 

“For the first time, long-term crypto holders can hedge against staking yield volatility and express forward-looking views in a format that mirrors traditional finance,” he added.

FalconX described the new market as “live and continuously accessible,” distinguishing it from one-off pilot transactions that have characterized earlier attempts at staking yield hedging. 

Standardized documentation and workflows, the company said, will enable recurring participation and deeper liquidity over time.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Ethereum’s next era? Low-risk DeFi is like Google: Buterin
Crypto Trends

Ethereum’s next era? Low-risk DeFi is like Google: Buterin

by admin



Ethereum co-founder Vitalik Buterin sees low-risk DeFi as the platform’s core economic driver, likening its role to search advertising for Google.

Summary

  • Vitalik Buterin says low-risk DeFi could become Ethereum’s key economic backbone.
  • He compares it to how Google’s ad revenue sustains its growth and global dominance.
  • Buterin stresses secure apps like lending, savings, and payments as ETH’s foundation.

DeFi maturation creates sustainable Ethereum revenue model

In a recent blog post, Buterin argued that basic financial services like payments, savings, and collateralized lending can bridge the gap between profitable applications and Ethereum’s (ETH) founding values.

Buterin noted that DeFi protocols have matured substantially, with a stable core of applications proving remarkably strong over time.

He stated that low-risk DeFi provides irreplaceable value and also remains culturally aligned with Ethereum’s decentralized goals.

The shift toward low-risk DeFi shows the overall changes in protocol security and risk management. Buterin pointed to data showing DeFi losses increasingly concentrated at experimental edges of the ecosystem. He also added that core applications show growing stability and user trust.

Unlike earlier DeFi waves driven by unsustainable yield farming incentives, current low-risk applications focus on fundamental financial needs.

These include stablecoin deposits earning competitive rates on platforms like Aave, synthetic asset exposure, and fully collateralized lending markets that serve real economic demand.

Buterin argued that crypto’s advantage lies not in creating artificially high yields, but in making existing global economic opportunities accessible without traditional finance barriers.

Buterin describes several potential paths for low-risk DeFi

Buterin described several potential paths for low-risk DeFi that could expand its impact and economic value. These include reputation-based undercollateralized lending once mature onchain activity creates reliable identity and credit scoring mechanisms.

Prediction markets could integrate with traditional DeFi for hedging strategies that allow users to offset portfolio risks through betting against correlated events.

This cross-pollination between prediction platforms and financial markets could create new risk management tools.

Buterin mentioned that the ecosystem could also move beyond USD-centric applications toward alternative stable value systems like basket currencies, consumer price index-based “flatcoins,” and personal tokens.

He also emphasized that these developments would maintain Ethereum’s cultural alignment and help expand economic utility.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Ethereum's 'Google Moment'? Vitalik Buterin Reveals Next Big Step for Blockchain
NFT Gaming

Ethereum’s ‘Google Moment’? Vitalik Buterin Reveals Next Big Step for Blockchain

by admin


According to Vitalik Buterin, the future of Ethereum (ETH) lies not in NFTs or meme coins, but in something far simpler — low-risk DeFi. In a new essay, the Ethereum co-founder likened this to how search became Google’s main source of income, powering every other service around the internet giant.

In short, the point is that Ethereum doesn’t need hype cycles to survive. What it needs is a solid foundation of payment systems, savings accounts, collateralized lending and synthetic assets that will stand the test of time. These are trustworthy tools that also keep ETH locked up and fees flowing.

The numbers show why this shift is important. Back in 2019, Ethereum DeFi losses amounted to more than 5% of the total value locked. By 2025, that figure had dropped to almost zero.

Protocols have become safer, risks have dropped, and the wild edges of DeFi have moved further away from the core. Buterin argues that, for millions of users, the risks in traditional finance are now greater than those in DeFi.

“Digital oil” or new Google?

Low-risk DeFi also creates opportunities for the road ahead. These include reputation-based lending without heavy collateral, prediction markets used for hedging and new forms of stable value, such as “flatcoins” tied to inflation indexes. All of these build on the safer foundations being formed today.

Buterin is clear in his message — Ethereum’s biggest application doesn’t need to be revolutionary. It just needs to work everywhere, reliably. Low-risk DeFi fits that role, and if he is right, it could be the piece that finally makes Ethereum both sustainable and integral.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Are Billionaires Destroying Social Media? Ethereum's Buterin Weighs In
GameFi Guides

Are Billionaires Destroying Social Media? Ethereum’s Buterin Weighs In

by admin


  • Good old days?
  • Anti-capitalist or elitism? 

The increasing toxicity of social media is a hot-button issue, and some believe that billionaires are to blame for this. 

Ethereum’s Vitalik Buterin recently weighed in on the matter, explaining that Web 1.0, which is generally considered to be the very first stage of the World Wide Web, was considered to be a much more unbridled source of good. 

Good old days?

Despite the fact that the technology was quite underwhelming with static websites and minimal interactivity, some still feel nostalgic about this era due to its grassroots spirit since Silicon Valley was yet to seize control, and the online experience was not shaped by tech behemoths such as Facebook, Amazon, and Google. 

You Might Also Like

Plus, the audience is less selective since content is now being explicitly pushed at consumers instead of being sought out. In the early days, for instance, users had to look for a specific internet forum that matched their interests.

Anti-capitalist or elitism? 

With Web 1, there was little pressure for websites to be profitable as opposed to Web 2 platforms that prioritize strong capital optimization. 

Hence, if one adopts an anti-capitalist view, the current toxicity of social media essentially boils down to the flawed incentive structure.

At the same time, as Buterin argues, the problem with the current state of the internet is that it is meant to appeal to the average Joe with shallow and often reactive content that is mainly comprised of memes and soundbites. For comparison, Web 1 was mainly being created by well-informed “right-curve” users. 

The Ethereum co-founder also believes that this could be due to “some mix” of both of these factors. 



Source link

0 comments
0 FacebookTwitterPinterestEmail
Crypto Market Prediction: Bitcoin Risks Losing $100,000? Shiba Inu (SHIB): Massive Fakeout Ends $0.00002 Rally, Ethereum's (ETH) Dangerous Pattern at $4,800
GameFi Guides

Crypto Market Prediction: Bitcoin Risks Losing $100,000? Shiba Inu (SHIB): Massive Fakeout Ends $0.00002 Rally, Ethereum’s (ETH) Dangerous Pattern at $4,800

by admin


The market keeps pursuing local highs on Sept. 15, just as we have covered in our previous crypto market prediction, but unfortunately bears are still fighting and not letting Bitcoin break toward $120,000, which is causing a struggle for smaller markets like Shiba Inu. Ethereum, on the other side, is not seeing enough institutional inflows to make it further.

Bitcoin not breaking it

Despite numerous unsuccessful attempts to break higher, Bitcoin continues to encounter strong resistance around $115,000. Because the market is unable to break through this critical level, there are worries that momentum may be waning and that Bitcoin may be at risk of a more severe retracement that would ultimately put the psychological $100,000 support to the test.

BTC/USDT Chart by TradingView

The absence of clear buying pressure suggests that institutions, which are typically the catalysts for significant breakouts, are not yet bringing in sizable inflows into the market, even though the price has held comparatively well above $110,000 in recent sessions. Although the spot ETF data indicates a positive dynamic with steady but modest inflows, the amount of capital is far from sufficient to drive Bitcoin into a long-term run toward $120,000 and beyond. Price action runs the risk of stagnation in the absence of greater commitments from funds and institutions.

There are indications of fatigue in the technical picture as well. Even though the 50-day moving average continues to support Bitcoin, and it is still on the rise, generally trading volume has decreased in comparison to earlier rallies, indicating that buyers are hesitant at these levels. Bitcoin is not overbought, but it also lacks the momentum usually needed for a breakout, as indicated by the Relative Strength Index (RSI), which stays neutral.

If Bitcoin keeps losing ground at $115,000, a pullback is more likely. If sellers regain control, it would make sense to target a decline toward $112,000 and $106,000. However, current data indicates that there is little demand at the top end, even though a strong institutional bid or macro-driven catalyst could still turn the tide and push Bitcoin toward $120,000.

For the time being, Bitcoin investors should brace themselves for possible volatility. Until it is broken with conviction, the risk of losing the $100,000 mark is still very much in play. The $115,000 ceiling has turned into a defining battleground.

Shiba Inu can’t hold it

The price action of Shiba Inu swiftly reversed after failing to establish a hold above the crucial resistance of $0.000015, resulting in what many investors now refer to as a fakeout breakout. The asset gave the appearance of a persistent bullish trend at first by displaying strong momentum and rising out of a consolidation triangle with high volume.

SHIB experienced a sharp rejection and reversal, though, as selling pressure increased as soon as it touched resistance levels. Given the strong rally before the move, this reversal was surprising. When buyers tried to push the price higher, sellers overloaded the order books around $0.000015, causing a sharp pullback, according to the candlestick structure’s notable upward wick.

You Might Also Like

Given the numerous failures at this zone in the past, technical indicators suggest that this level serves as a psychological ceiling for traders. Two key problems are reflected in the inability to break above $0.000015. SHIB does not have the steady institutional demand that usually drives long-term breakouts in larger-cap cryptocurrencies despite the excitement in retail circles.

Furthermore, it appears that whales utilized the rally to lock in gains rather than build up more wealth, as evidenced by exchange inflows and profit-taking moves. The reversal was exacerbated by this profit-taking pressure, which eliminated a large portion of the short-term bullish momentum.

In order to prevent further decline into a bearish retracement, SHIB needs to protect support at $0.000013. If selling pressure persists, the asset may return to levels close to $0.000012, where technical support is provided by the 50-day moving average. Conversely, a consolidation followed by fresh volume inflows might offer SHIB another opportunity to break $0.000015.

Ethereum forms key pattern

Ethereum is forming what looks to be a cup pattern on the daily chart as it tests the $4,800 resistance level once more. The larger context presents a more cautious picture, even though such formations frequently imply a possible bullish continuation.

Slow and hesitant, ETH has been unable to gather the momentum necessary for a clear breakout during the attempted recovery toward $5,000. Ethereum has fluctuated between $4,200 and $4,800 for weeks, displaying strength but lacking the institutional inflows conviction to support the next significant leg higher.

The absence of capital flows driven by ETFs is a major worry. While ETF narratives and institutional adoption continue to help Bitcoin, Ethereum has not seen nearly as much activity. ETH’s capacity to maintain its upward momentum is in doubt if new liquidity does not enter the market.

You Might Also Like

According to technical analysis, the $5,000 mark has turned into a psychological barrier. Strong selling pressure is indicated by multiple rejections at this price, and whales and short-term traders are probably profiting every time ETH comes close to it.

With its 50-day moving average currently offering support, ETH could easily revert to $4,400 and $4,200 in the event of another rejection. Additionally, compared to previous 2025 surges, on-chain activity shows a slowdown in transactional demand.

The price of ETH may enter a period of sluggish performance, consolidating rather than rising to new highs, even though its fundamentals are still sound. Investors should keep a careful eye on $4,800 for the time being. Strong volume and a clear breakout above could rekindle hope and raise the prospect of a $5,000 run.

However, Ethereum runs the risk of becoming trapped in a stale cycle below $5,000 in the absence of fresh inflows or market-wide bullish triggers, which would irritate bulls who were hoping for faster gains.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
Crypto Trends

Why This Could Be Ethereum’s Strongest Cycle Yet

by admin



In brief

  • Ethereum rose above $4,600 on Friday, driven by institutional accumulation from treasury companies and ETF inflows.
  • CryptoQuant reports a surge in staking activity, including one whale moving $645 million in ETH specifically to stake it.
  • 73% of traders on prediction market Myriad now bet ETH will reach $5,000, up from 61% at the week’s start.

Ethereum could be headed for its strongest cycle yet, according to analysts at CryptoQuant.

At the time of writing, Ethereum has been changing hands for $4,603 after having gained nearly 4% in the past day and over 7% compared to this time last week, according to crypto price aggregator CoinGecko.

CryptoQuant Head of Research Julio Moreno credits institutional demand—from treasury companies and spot ETFs—and a steep uptick in staking as primary drivers boosting the price of ETH.

“This synchronized accumulation indicates that Ethereum is increasingly viewed as a long-term strategic asset by large capital allocators, similar to Bitcoin’s trajectory post-ETF approval,” Moreno wrote. “This level of institutional endorsement provides a robust long-term tailwind for Ethereum’s price and perceived legitimacy.”



It’s normal during big bull runs to see whales wake up and sell at least a portion of their holdings to take profits. After all, multi-year whales are usually sitting on substantial paper profits. But despite the bullish price action waking a few Ethereum whales, several woke up to buy more—and at least one large scale holder moved $645 million in ETH so they could stake it.

“Meanwhile, exchange inflows have declined, easing selling pressure, but realized price bands indicate ETH is approaching historically significant price resistance,” he wrote in a report shared with Decrypt, adding that “consolidation or correction is likely unless ETH decisively breaks above this band.”

Momentum is building among users on Myriad, a prediction market owned by Decrypt’s parent company DASTAN, that Ethereum will surge to $5,000 before it pulls back to $3,500. Optimists who think ETH will reach $5,000 have grown from about 61% at the start of the week to 73% at the time of writing. Over the same period, Ethereum’s price has increased by about 7%.

There are also signs that futures traders are feeling more certain of where ETH could be headed.

Open interest, which is a measure of outstanding futures and options contracts on derivatives exchanges, has increased 3.4% in the past day. Total ETH open interest now sits at $62.45 billion, according to crypto analytics platform CoinGlass.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Crypto Market Prediction: Ripple's RLUSD's $200 Million Surge, Dogecoin's Big $0.24 Surprise, Ethereum's Calm Before $5,000 Storm
GameFi Guides

Crypto Market Prediction: Ripple’s RLUSD’s $200 Million Surge, Dogecoin’s Big $0.24 Surprise, Ethereum’s Calm Before $5,000 Storm

by admin


The cryptocurrency market recovered quite well on Sept. 11, pushing new boundaries of the bearish market further and potentially making even more progress than anticipated. The surge in RLUSD volume could suggest more careful positioning, though. In our most recent market prediction, we broke down how bulls started coming back.

RLUSDT volume spike

Around $200 million have moved through Ripple’s stablecoin, RLUSD, in the past day, marking a huge spike in trading volume. This spike is garnering attention throughout the cryptocurrency market, for a token that normally keeps a low-key, stable profile as a USD-pegged stablecoin.

There could be a number of causes for this kind of movement. In order to protect themselves from the volatility of more risky assets like Bitcoin or Ethereum, institutional players may be moving their money into RLUSD. Stablecoins are probably being used as a safe haven by some traders due to recent volatility in altcoins and significant inflows into exchanges.

Source: Coinmarketcap

  • The volume might indicate early activity from payment corridors opening up behind the scenes, given Ripple’s continuous push for adoption in cross-border payments and settlements. The main lesson learned from the spike is that RLUSD remains steady, bolstering trust in its peg mechanism.

  • If the volume rise continues, it may signal the start of a larger uptake of Ripple’s stablecoin on payment and trading platforms. Investors should monitor whether the higher demand results in deeper liquidity across exchanges in the near future, as this would make the RLUSD a more dependable trading pair.

In general, speculation is less important than the overall positioning of the cryptocurrency market when it comes to RLUSD’s $200 million volume surge. In a way, it draws attention to the rising need for stability on an unpredictable market and suggests that Ripple’s stablecoin might become more significant in future global liquidity flows.

How good can DOGE be?

Dogecoin has performed surprisingly well, breaking through the $0.24 mark, which few had predicted given its slow performance in recent months. DOGE — which was once thought to be a meme-driven asset vulnerable to hype cycles — is now exhibiting resilience, defying general market uncertainty and proving its capacity to surprise both ardent supporters and doubters. 

The 100-day and 200-day EMAs of Dogecoin have been a solid base for buyers, and the cryptocurrency has continuously respected important support zones in the $0.21-$0.22 range in recent weeks. With bulls intervening at pivotal points, the recovery from these levels and the break above short-term moving averages suggest that momentum is improving. 

You Might Also Like

Additionally, there has been a slight increase in trading volume, which could indicate that fresh market interest is emerging. The RSI, which is close to 59, indicates that bullish pressure is increasing without being overbought. This allows for more upside before reaching harsh circumstances.

If DOGE stays above $0.24, the next logical resistance is located between $0.27 and $0.28, where earlier rallies this summer were capped. A run toward $0.30, which would represent a major psychological milestone, might be possible if that zone is successfully broken. The fact that this rally coincides with a decline in the enthusiasm surrounding meme coins is what makes it so intriguing. 

It appears that technical strength and accumulation rather than speculative mania were the driving forces behind DOGE’s move. Dogecoin may start to establish a reputation as a reliable mid-cap cryptocurrency with steady investor support if this trend keeps up. In summary, Dogecoin has resurfaced as a contender in the current market cycle after its unexpected breakout above $0.24 has dispelled bearish expectations.

Ethereum too quiet

With price action settling in the $4,300 range and volatility at all-time lows, Ethereum is exhibiting an unusual calm. The second-largest cryptocurrency believes that this quiet time is misleading and could be a risky prelude to a storm.

With tight candles and little volume, ETH has been trading sideways on the charts for more than a week. The market seems to be losing liquidity, which suggests that traders are holding off until something clear happens. In the past, these periods of inaction frequently came before violent outbursts.

Ethereum is holding at high levels without either buyers or sellers controlling the market, which is more concerning than just the lack of movement. This implies that it might release a surge strong enough to destroy everything in its path when momentum eventually returns.

You Might Also Like

The thesis is supported by technical indicators. There is still plenty of opportunity for growth as the RSI is neutral but balanced at 51. Ethereum, meanwhile, is still trading above its 50-day EMA, indicating that the bullish structure is still in place even in the absence of any immediate action.

Failure to hold current levels could result in a retest of $4,100 or even $3,800, while a clean breakout above $4,500 could pave the way to the eagerly anticipated $5,000 mark. Because there is less liquidity, there is a greater chance that a sudden surge in buying pressure will lead to a series of short liquidations, which would send ETH skyrocketing.

On the other hand, if bears take advantage of the situation, the same lack of liquidity may accelerate a sharp decline. Although Ethereum’s silence is unsettling, it also prepares the market for the next pivotal action.

The storm has the potential to propel ETH to new heights with $5,000 as the main target if bulls make a strong comeback. The calm should be interpreted as a warning rather than a sign of safety until that time.

The general state of the market is cautiously positive. With the comeback of Bitcoin, Ethereum and other grands, smaller assets are gaining more traction and might show us long-awaited recoveries. Unfortunately, if stablecoin volumes keep on growing, it would be a sign of a bearish shift.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Ethereum news how rich is Vitalik Buterin
NFT Gaming

How Rich Is Ethereum’s Vitalik Buterin? Arkham’s 2025 Report

by admin


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Arkham Intelligence’s new deep-dive, shared via X on September 6, pegs Vitalik Buterin’s wealth at “at least $1.05 billion”—a lower-bound tally built from identified on-chain assets and known private holdings. The report situates the estimate as of August 2025 and emphasizes that it fluctuates intraday with Ether’s price.

How Rich Is Ethereum Co-Founder Vitalik Buterin?

The backbone is Ether itself. Arkham attributes ~240,042 ETH to Buterin’s known wallets and notes that over 99% of his crypto portfolio value is in ETH. At the time of writing in the report, ETH was $4,321, implying roughly $1.04 billion of ETH exposure alone and explaining the tight co-movement between his net worth and ETH’s market cycle.

Historically, Arkham reconstructs a precise balance-history curve. On December 31, 2015, Buterin’s known crypto wealth stood at $596,760; by December 31, 2016 it was $4.23 million, then $278.37 million a year later—his largest year-over-year jump in the 2017 bull run.

He first crossed the on-chain billionaire mark at age 27 during 2021 as ETH traded above $3,000, and briefly peaked at $2.09 billion on November 18, 2021 with ETH near its cycle high. The subsequent bear market slashed the mark-to-market value by roughly 75%, from $1.2 billion (Dec 31, 2021) to $300.58 million (Dec 31, 2022), before recovering to $1.05 billion in the 2024–2025 rebound.

“The peak of Vitalik’s crypto net worth was in May 2021, when 50% of the supply of the memecoin SHIB was sent to him and was briefly worth $20 Billion. Vitalik donated those tokens to charity and did not profit off of this memecoin,” Arkham writes.

On ownership concentration, Arkham compares Buterin to other top-tier ETH holders. The ETH2 (Beacon) deposit contract leads with 66,887,347.41 ETH, followed by exchange and ETF-custody clusters (Coinbase, Binance, Kraken, Robinhood, Grayscale, BlackRock). Arkham concludes Buterin is the largest identifiable individual with access to his coins, while Estonian banker Rain Lõhmus sits on ~250,000 ETH that are believed to be inaccessible due to lost keys.

The Ethereum co-founder’s own disclosures anchor the percentages. In October 2018 he wrote: “I never had 900k ETH. When I had 0.9% of all ETH, the supply was ~75 million.” That statement frames Arkham’s finding that his share never materially exceeded ~0.9% and has trended down over time as he sold or donated and as supply evolved.

Non-ETH positions are small in dollar terms but spelled out with exact counts. As of publication, Arkham shows 10,000,000,000 WHITE (~$3.72 million), 30,000,000,000 MOODENG (~$690,000), and 869,509 KNC (~$327,000) among his larger non-ETH tokens. The long tail includes $12,400 of TORN linked to Tornado Cash usage and 218,413,000 SHIB (~$2,720) remaining on known addresses.

Buterin has publicly explained some of the flows that complicate “sales” tallies. In August 2022 he stated, “I’ll out myself as someone who has used [Tornado Cash] to donate to this exact cause,” referring to donations to Ukraine; he has also said that exchange-bound transfers from his wallets since 2018 have been for donations, not personal profit-taking.

Off-chain, Arkham highlights early equity in zero-knowledge firm StarkWare, which reached an $8 billion valuation in its 2022 Series D—an illiquid but potentially meaningful additive to the on-chain floor. Precise sizing of these stakes is not disclosed, so Arkham treats the $1.05 billion as a conservative baseline rather than a cap.

At press time, Ethereum traded at $4,298.

Ethereum remains below key resistance, 1-week chart | Source: ETHUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

Wall Street’s Needs Will Advance Ethereum’s Privacy, Says Etherealize

by admin



In brief

  • Wall Street will advance privacy on Ethereum, according to Danny Ryan.
  • Etherealize is building infrastructure for trading and settling tokenized equities.
  • The company plans on leveraging zero-knowledge proofs.

Privacy advocates should be cheering on Wall Street’s adoption of cryptocurrencies, according to Etherealize co-founder and President Danny Ryan.

As markets move on-chain, financial institutions are expressing a need for infrastructure that echoes elements of traditional markets, and privacy is “table stakes,” he told Decrypt.

“The market does not, and cannot, function fully in the clear,” he said. “If we’re going to onboard the world to blockchains, ‘everyone sees everything all the time’ is just not going to work.”

On Wednesday, Etherealize unveiled the closing of a $40 million funding round. The startup said it will promote Ethereum’s use by developing infrastructure for the trading and settling tokenized assets that’s based around zero-knowledge (ZK) proofs, among other tools.



When transacting on a public blockchain, users leave a trail of evidence for anyone to analyze, and elite entities may cringe at the thought of treasury operations and trading strategies taking place in the open—even if blockchains prove more efficient than legacy systems.

With the U.S. government’s prosecution of developers behind coin-mixing services like Tornado Cash and Samourai Wallet, it may feel like privacy may have become secondary, but Ryan described Wall Street’s needs as a potential Trojan horse, when it comes to sharing data on-chain. The benefits and normalization, he argued, should trickle down to average users.

“As we begin to upgrade these markets, institutions will demand privacy, and we’ll move the needle forward in terms of practical, applied and compliant privacy,” he said.

A ZK proof is a method used in cryptography to prove that something is known without revealing the known information directly. The concept powers privacy-focused cryptocurrencies like Zcash, and historically, it’s been viewed as a way to help scale Ethereum.

Ethereum’s ecosystem has poured hundreds of millions of dollars into ZK-powered networks. Although Ryan thinks that gives its developers an advantage, some companies are taking a distinct approach to privacy in creating their own blockchains.

Tempo, a blockchain incubated by payments giant Stripe and investment firm Paradigm, is set to feature built-in privacy measures. Arc, another layer-1 network that’s being developed by stablecoin issuer Circle, is expected to have “selectively shielded balances and transactions.”

That suggests widespread privacy in crypto may not be contingent on Wall Street’s participation.  But in the coming years, Ryan said privacy on Ethereum will likely become more commonplace, through “bespoke applications that handle privacy in a more granular way.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Close