Author: driver789
Bitcoin Price Weekly Outlook Last week, we were expecting the critical $84,000 support level to break, and to the bulls’ dismay, it did. Bitcoin had a small bounce after the prior week’s close, then proceeded to dump down through the $84,000 support level all the way down to $75,600 on Saturday, before moving up a little to close the week out at $76,919. Bitcoin dropped 13% last week, so we may see a bounce early this week back to $80,000 or so, but continuation downwards should be expected before too long. Key Support and Resistance Levels Now The bulls are…
Vitalik Buterin said he no longer agrees with his 2017 tweet that downplayed the need for users to personally verify Ethereum end-to-end.This week, he argued the network should treat self-hosted verification as a non-negotiable escape hatch as its architecture gets lighter and more modular.Buterin’s original position grew out of a design debate over whether a blockchain should commit to state on chain or treat state as “implied,” reconstructable only by replaying ordered transactions.Ethereum’s approach, putting a state root in each block header and supporting Merkle-style proofs, lets a user prove a specific balance, contract code, or storage value without re-executing…
Artificial intelligence has emerged as the dominant investment theme for the world’s largest family offices, while cryptocurrencies continue to attract limited interest, according to a new report from JPMorgan Private Bank.The bank’s 2026 Global Family Office Report polled 333 single-family offices across 30 countries between May and July 2025. It shows that 65% of respondents, or 216 offices, are prioritizing artificial intelligence-related investments either now or in the future. By contrast, just 17% (56 offices) view crypto and digital assets as a key investment theme.Crypto remained largely absent from family office portfolios. According to the report, 89% of family offices…
Redwan Meslem joins as Executive Director while representatives from L2BEAT and Lido DAO are appointed to EEA’s Board alongside JP Morgan, Consensys, Microsoft, EY, and more. [NYC, June 3, 2025] – The Enterprise Ethereum Alliance (EEA), the leading global community connecting businesses to blockchain, is charting a bold new course in 2025 with the appointment of Redwan Meslem as Executive Director and the addition of representatives L2BEAT and Lido DAO to its Board of Directors. This strategic realignment solidifies the EEA’s commitment to bridging global enterprise and Ethereum technology, aligning with its mission to unify technical excellence, real-world use cases,…
Billiton Diamond and tokenization firm Ctrl Alt said Tuesday they had moved more than $280 million worth of certified polished diamonds on-chain in the UAE, using Ripple’s custody technology to secure the assets and the XRP Ledger to mint tokens tied to physical inventory.The initiative — framed as an institutional-grade tokenization pipeline for polished stones held in the UAE — has already tokenized over AED 1 billion ($280 million) in diamond inventory, the firms said. While the companies are positioning the project as a route to faster settlement and clearer provenance data, the next phase hinges on regulatory clearance: a…
The governance backing the Optimism blockchain has approved a proposal to allocate 50% of all Superchain revenue to buy back the network’s token over the next 12 months, starting in February.The proposal was initially submitted by the Optimism Foundation on Jan. 8 as part of a push to expand the utility of the Optimism (OP) token and align it with the success of the Superchain, a network of unified blockchains. The voting period ended on Thursday, with the Optimism governance community passing the proposal by 33.27% in favor, 3.23% against, and 3.95% abstaining. Source: OptimismUp until the vote, 100% of Superchain…
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Ethereum Foundation adopts a five‑year “mild austerity” plan, reallocating 16,384 ETH and refocusing on core protocol, privacy, and open, verifiable systems. Summary Vitalik Buterin confirms withdrawal of 16,384 ETH to fund long‑term core Ethereum development under a leaner structure. The Foundation will run a five‑year “mild austerity” program to preserve independence while prioritizing scalability, security, and decentralization. Focus areas include secure open‑source hardware, privacy tech like zero‑knowledge systems, encrypted messaging, and local‑first operating systems. The Ethereum Foundation announced a multi-year austerity program designed to balance development priorities with long-term financial sustainability, according to a public statement from co-founder Vitalik Buterin.…
XRP sits at a crossroads. Trading around the $1.6 area after a steep run higher and a later pullback, the token now rests on a weekly support band that traders are watching closely. According to crypto analyst Scott Melker, this is one of the cleaner risk/reward setups in crypto right now — a small stop can limit losses while a bounce could offer meaningful gains. Related Reading Support Zone Holds The Key Based on reports, the zone around $1.55 to $1.60 is important. It lines up with the midpoint of the breakout that began in November 2024 and has acted…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum co-founder Vitalik Buterin says he made $70,000 trading prediction markets on Polymarket last year, not by chasing hot narratives, but by fading what he calls collective “madness.” The Ethereum co-founder framed the profit as a function of behavioral reflexes in thin, hype-prone markets, and used the conversation to surface a separate concern: oracle fragility in real-world event settlement. Here’s How Ethereum’s Buterin Netted $70,000 In an interview posted by Foresight News reporter Joe Zhou on X, Zhou asked whether Buterin still used Polymarket after being active…