Ethereum founder Vitalik Buterin has acknowledged the performance of the Argentine fiat currency, the peso. On social media, Buterin stated that the Argentine peso to U.S. dollar exchange rate was exactly the same as it was one year ago. Praising Argentine President Milei’s achievements during his first year in office, Buterin declared: “Quite an impressive […]
Ethereum’s Bottom and Pump.Fun’s Fallout
Two weeks ago, bitcoin’s march toward $ 100K hit a temporary pause, while Pump.fun showed us the unsettling side of financialization coupled with livestreaming. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin, ETH Capitulation, and …
‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties. […]
Ethereum’s Battle Continues: Coinshares Reports Outflows Persist as Market Recovers
The latest flows report from Coinshares, led by its top market analyst James Butterfill, uncovers a strong recovery in digital asset investments, hitting a total of $ 436 million. The report emphasizes bitcoin as the frontrunner, while ethereum is still facing challenges with continued outflows. While Bitcoin Bounces Back, Ethereum Deals With Outflows Coinshares’ …
Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative
Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s insights aim to clarify the transaction fee mechanism introduced by EIP-1559 and address widespread misunderstandings. Ethereum’s EIP-1559: Mark Odayan Calls for Rethinking ‘Ultrasound Money’ Links In a detailed analysis by 2077 Research, […]