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Institutions break up with Ethereum but keep ETH on the hook

Coin Telegraph LogoCoin Telegraph12h ago

Institutions break up with Ethereum but keep ETH on the hook - Coin Telegraph

Quick Summary:

Blockchain data shows that long-time supporters such as Galaxy Digital and Paradigm have been slashing their Ether (ETH) holdings in recent weeks. So far in April, Ethereum’s base-layer activity has continued to collapse.

Source: IntoTheBlockButerin’s radical RISC-V proposal for EthereumOn April 20, Buterin proposed the RISC-V instruction set to substitute the current Ethereum Virtual Machine contract language, aiming to improve the speed and efficiency of the network’s execution layer.

Ether is currently down from the plus-$4,000 it reached in December but rose over 10% on April 23 to over $1,800. In a recent client letter, Standard Chartered Bank slashed its 2025 price estimate for Ether from $10,000.

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Article Details

Author / Journalist: Cointelegraph by Yohan Yun

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 16:09:56 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 1099 words

Reading Time: 7 minutes read

Sentences: 59 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28174307

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 35 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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  • URL: https://citrocola.beamstart.com/news/institutions-break-up-with-ethereum-17454220726443

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