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Ethereum price finally took out the $4,000 resistance level, and one analyst says ETH could hit $15,000 by May 2025.
Ethereum’s native token, Ether (ETH), has maintained a slow and steady rise over the past three weeks, rising 28% since Nov. 18. Despite a flash spike down to $3,615 on Dec. 5, the altcoin has sprung back and now trades above $4,000.
Ethereum 4-hour chart. Source: Cointelegraph/TradingView
Its yearly high value remains at $4,098, and the trend continues to form a higher high and higher low trend in the 4-hour chart. The relative strength index, or RSI, also looks healthy, where the indicator is currently below the overbought region.
The Ethereum co-founder also proposed changes to ease transfers among layer-2 scaling networks.
Ethereum co-founder Vitalik Buterin urged Web3 wallet developers to implement features improving privacy and security in a Dec. 3 blog post.
“[A] user only benefits from any decentralization, censorship resistance, security, privacy, or other properties that Ethereum and its applications offer to the extent that the wallet itself also has these properties,” Buterin said in the blog post.
He also proposed ways to ease transfers among Ethereum’s layer-2 (L2) scaling networks, such as Optimism and Arbitrum.
Vitalik Buterin is outlining his vision for new crypto use cases pertaining to prediction markets following the rise of betting site Polymarket. In a new blog post, Buterin says that prediction markets are just one example of a “much larger incredibly powerful category,” which he dubs “info finance.” Says Buterin, “Info finance is a discipline […]
The post Ethereum Creator Vitalik Buterin Details Vision for New ‘Info Finance’ Branch of Crypto Amid Rise of Polymarket appeared first on The Daily Hodl.
Ethereum’s Vitalik Buterin proposes “info finance” as a pioneering framework to harness blockchain and AI for factual insights.
Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors.
In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively.
According to Buterin, “Info finance is a discipline where you (i) start from a fact that you want to know, and then (ii) deliberately design a market to optimally elicit that information from market participants.”
Vitalik Buterin says the Ethereum Foundation’s ETH sales are critical to the success of the leading smart contract platform’s ecosystem. Last week, Buterin was asked about the Foundation’s sales on the social media platform X, but the Ethereum creator quickly defended the firm. “Bro the ETH Foundation is paying researchers and devs that are responsible […]
The post Vitalik Buterin Defends Ethereum Foundation Selling ETH, Asserts Revenue Supporting Critical Parts of Ecosystem appeared first on The Daily Hodl.
Ethereum (ETH) creator Vitalik Buterin is not seeing eye to eye with Microstrategy executive chairman Michael Saylor when it comes to the custody of Bitcoin (BTC). In an interview, Saylor said that unlike with Bitcoin held by unregulated entities, lawmakers and law enforcement authorities are less likely to go after crypto held by regulated public […]
The post Ethereum Creator Vitalik Buterin Calls Michael Saylor’s View on Bitcoin Corporate Ownership ‘Insane’ appeared first on The Daily Hodl.