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via Decrypt · By Decrypt Editorial

Prominent Ethereum Dev Proposes $1 Billion ETH Organization With Leader Who 'Wants to Fight'

ETH

ETH/USDT

$1,667.05
-3.83%
24h Volume

$10,665,193,912.49

24h H/L

$1,736.25 / $1,635.65

Change: $100.60 (6.15%)

Long/Short
77.1%
Long: 77.1%Short: 22.9%
Funding Rate

-0.0007%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,665.43

-3.63%

Volume (24h): -

Resistance Levels
Resistance 3$1,825.00
Resistance 2$1,759.37
Resistance 1$1,708.95
Price$1,665.43
Support 1$1,621.97
Support 2$1,576.96
Support 3$1,505.68
Pivot (PP):$1,679.11
Trend:Downtrend
RSI (14):36.9
DE
Decrypt Editorial
(10:08 PM UTC)
1 min read
MR
Updated byMichael Roberts
708 views
0 comments

In brief

  • Former Ethereum Foundation researcher Dankrad Feist proposed replacing the organization with a new group.
  • The new group would need at least $1 billion in ETH funding, he said, plus staking fees and a focus on raising ETH's price.
  • The remarks come amid resignations at the Foundation and frustration with Ethereum co-founder Vitalik Buterin.

Amidst a cascade of resignations and mounting…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Decrypt Editorial · Decrypt

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