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Brains Not Working? Ethereum Foundation Under Fire For Repeated ETH Sell-Offs

Ethereum is off to a rocky start this 2025, and its vibrant dev community isn’t happy. According to reports, the Ethereum Foundation has recently moved a substantial amount of Ether. The foundation’s transactions to move and sell its tokens became messier when one of its employees attempted to explain the situation, generating a lot of backlash. Related Reading: $24 XRP Prediction: Bitcoin Maxi Calls It Risky But Possible Ethereum’s recent transactions have occurred since Bitcoin and other top tokens have been ripping through the charts. Price-wise, Ethereum is trading between $3,200 and $3,384, which is too far from 2021’s high of $4,870. What’s Up, Ethereum Foundation? The Ethereum Foundation, the primary organization supporting the development of the blockchain, is not helping the cause. Regardless of its intention or the overriding objectives for unloading massive ETH tranches, these moves still leave a bad taste in the mouths of most holders and supporters. According to a recent post by Spot On Chain on Twitter/X, the foundation has recently moved another 100 ETH in exchange for 336,475 DAI. According to the account, the foundation sold 200 ETH tokens for $67k in the first few days of 2025 at an average cost of $3,361. The account added that ETH is 31% below its 2021 high of $4,878, while Bitcoin continues to retest its highs and currently breached the $109k level. [ATTENTION] The Ethereum Foundation just sold another 100 $ETH for 336,475 $DAI! In total, they have sold 200 $ETH ($672K) in 2025 at an average price of $3,361 over the past 12 days.$ETH remains 31% below its 2021 ATH of $4,878, while $BTC has hit a new ATH of $109K today!… https://t.co/9CWWVsrfhj pic.twitter.com/ZOr504i1HG — Spot On Chain (@spotonchain) January 20, 2025 Ether Supporter’s Comments Draw Negative Feedback The foundation’s latest transaction, the sale of 100 tokens, came after Josh Stark’s comments came to light. Stark, a popular ETH supporter, defended the foundation’s decision to sell these ETH tokens, arguing that they’re still actively using the blockchain’s native token. the EF uses Ethereum all the time, for instance to (1) swap ETH for stables (usually @CoWSwap) and (2) to pay people (grantees, team members) in stables and ETH, on mainnet and L2s. Events we run (like Devcon and Devconnect) take onchain payments and use onchain ID for tickets. — Josh Stark (@0xstark) January 20, 2025 In a Twitter/X posting, Stark explained that the foundation uses its tokens every time. These tokens buy stablecoins, pay their people in stablecoins, and support the blockchain’s events. Stark’s comments didn’t sit well with some crypto observers and commentators. Twitter/X user WazzCrypto hit Stark for using ETH “dump” as an explanation to support the foundation’s transactions. User @VelvetMilkman was disappointed with Stark, arguing that it’s a lame excuse for using the altcoins. Meanwhile, X user Trading_Axe has a more scathing, and no holds barred take on the issue: Their brains actually do not work at all. The fuck you need 300K for so urgently? What could you POSSIBLY, as the ETHEREUM FOUNDATION, when the entire world is watching, need 300K OF A PUBLIC SELL ORDER for? Mindless cockroaches. Retar Dio. — ً (@trading_axe) January 20, 2025 Related Reading: Trump Son Drops Hints About Major World Liberty Plans After Massive Ether Buy Buterin Sets The Record Straight For ETH Many critics say Ethereum is losing ground against other blockchains, particularly Solana. As such, many recommend that Ethereum stake its tokens instead of selling them to generate yields. The increasing number of comments and criticisms against the foundation has caught the attention of Vitalik Buterin, Ethereum’s co-founder. Buterin said the team has also explored many options, including staking their tokens. However, regulatory issues and potential problems with the hard fork prevented them from doing so. Although there’s a friendly regulatory environment right now, the risks associated with staking remain high. Featured image from ETF Stream, chart from TradingView Bitcoin World

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Potential Strategic Crypto Reserve Ignites Rally for Solana (SOL) and Ripple (XRP) – Could This New DeFi Coin Be Next?

As Donald Trump’s inauguration nears, excitement is buzzing in the crypto space. The proposed creation of the United States` first strategic reserve, prioritizing cryptocurrencies like Solana (SOL) and Ripple (XRP), has sparked an upward trend in their values. Which token is set to rise next? DTX Exchange (DTX) , a new DeFi coin, is on the brink of significant growth with its upcoming listing on top exchanges this quarter. Approaching the $12 million fundraising mark, its community is expanding rapidly. With its potential to revolutionize global trading by merging CEX and DEX features, it`s a DeFi project worth watching. DTX Exchange (DTX): A 45X Rally Could Be Just the Beginning DTX Exchange (DTX) is quietly being collected by both retail investors and major players, despite not being widely known. Early funding quickly exceeded $11.9 million, indicating strong interest. This burgeoning community, combined with its substantial growth potential, might soon see success akin to or surpassing Solana (SOL) and Ripple (XRP). With upcoming Tier-1 exchange listings set for Q1, experts are touting it as a prime presale investment opportunity. In its seventh ICO phase, each token is priced at just $0.14, making it notably undervalued. A 45x increase is anticipated this year, positioning it as potentially the best new crypto investment. Additionally, its DeFi-TradFi narrative lays the groundwork for significant adoption and expansion. By integrating the strengths of centralized and decentralized exchanges and bridging the gap between TradFi and DeFi, it will be the first crypto-native platform to offer stocks, ETFs, and forex, poised to transform the $10 billion global trading market. Solana (SOL): Catching the Attention of the US President Solana (SOL) has been among the top performers this week, shaking off bearish trends. It reached $210, marking a 10% increase over the week. This surge is fueled by the news of a potential strategic crypto reserve, with SOL as a key focus. The days ahead are expected to bring more volatility—dubbed the Trump pump—and Solana (SOL) is one to watch. Key technical indicators like the 20-VWMA and 9-HMA are signaling further price increases for Solana. Cryptobits72, a prominent analyst on X, suggests that the bottom is in, predicting a rally towards $220 and $240 soon. KryptoYakuza is also optimistic, aiming for $600 this cycle, making it a top altcoin to invest in. However, new coins like DTX Exchange offer more potential for growth as low-cap opportunities, making them even more enticing. Ripple (XRP): How Much Higher Can It Climb? Ripple (XRP) continues to perform strongly, surpassing $3.3 this week. The rise is driven by the potential creation of a US-based crypto reserve, with XRP as a priority. Over the past three months, its value has surged nearly 500% and shows no signs of slowing. Daring XRP price projections are circulating, such as Orangie’s prediction of a rally to $50 this bull cycle. Part-Time Trader, a crypto analyst, forecasts a more conservative target of $10 for the payment-focused cryptocurrency. With positive indicators like the MACD Level (12, 26) and 10-EMA, the future looks promising for Ripple (XRP)—a leading investment choice. Nonetheless, with a potential pullback on the horizon, top experts suggest DTX Exchange might be a better option, offering plenty of growth potential as a new altcoin. DTX Exchange (DTX): Emulating the Success of Solana (SOL) and Ripple (XRP) As Solana (SOL) and Ripple (XRP) lead this week’s gains and industry trends, DTX Exchange (DTX) might be following their path. Positioned at the intersection of DeFi and TradFi, this new DeFi coin is predicted for a 45x rise this year. It also aims to revolutionize global trading as a hybrid exchange—a true innovator. For more information on DTX Exchange (DTX), check out the links below: Buy Presale Visit DTX Website Join The DTX Community Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Bitcoin World