The Ethereum Foundation has cut roughly 20% of its workforce and slashed its budget by roughly 40% as part of a broad reorganization, even as the blockchain it helps steward records its highest-ever levels of user activity and attracts deeper participation from major financial institutions.
Ethereum price trades near $1,672 as ETF outflows, weak RSI, lower open interest and failed $1,750 resistance keep ETH under pressure.
Are DeFi protocols and current bridges unknowingly aiding the flow of illegal money?
The Ethereum Foundation has finalized a significant organizational overhaul, eliminating approximately 54 positions—roughly 20% of total staff—while confirming plans to slash its 2026 budget by 40%. The announcement came via a blog post from Ethereum co-founder Vitalik Buterin on Tuesday.
The Ethereum Foundation has executed a comprehensive organizational overhaul, eliminating approximately 54 positions—roughly one-fifth of its entire workforce—while confirming plans to slash its 2026 operating budget by 40%. The announcement came directly from Ethereum's co-founder Vitalik Buterin through a detailed blog post published Tuesday.
Ethereum (ETH) led weekly net bridge inflows among major blockchains, posting a $64.73 million net gain, even as Arbitrum recorded the largest net outflow at $105.48 million—signaling a fresh rotation of cross-chain liquidity rather than a one-way risk-on move. According to data published by crypto analytics platform Artemis on June 24 UTC, bridge flows over the past week showed heavy two-way movement across several ecosystems.
A new Ethereum Research proposal has put staking economics back in the spotlight after outlining a mechanism that could let validators redirect part of the
Ethereum (ETH) options open interest held near $5.7 billion on Tuesday, with the $2,500 call emerging as the most actively traded contract—an indication that traders are continuing to position for upside while simultaneously using puts to manage near-term volatility. Data compiled by CoinGlass as of 9:00 a.m.
Bitmine's aggressive ETH accumulation strategy could impact Ethereum's market dynamics, raising centralization concerns and influencing investor sentiment. Bitmine buys 35,138 Ethereum for $59M as it closes in on owning 5% of all ETH.
A16z's withdrawal trend highlights growing institutional caution, potentially increasing Ethereum's price volatility due to reduced exchange liquidity. A16z withdraws 25,560 Ethereum worth $43M from Binance.
SharpLink's rapid ETH accumulation and staking strategy highlight the growing trend of corporate crypto treasury management, impacting investor access. SharpLink generates 509 ETH from staking rewards in a single week, now holds over 876K ETH.
ETH price hangs in the balance as a fresh wave of liquidations pressure the altcoin and spillover from Bitcoin's struggles to hold $62,000 impact investor sentiment.