Bithumb IPO 2025: Legal Hurdles Cleared, Crypto Exchange Eyes NASDAQ Listing

Ethereum price has been experiencing a prolonged bearish trend, raising concerns among investors and analysts. Recent technical analysis suggests that the cryptocurrency’s price could decline further, potentially reaching as low as $1,060. Multiple factors, including weak market structure, lack of bullish momentum, and negative on-chain data, influence the downward movement.

Ethereum Price Faces Continuous Rejections at $4,000 Resistance

According to price analysis by Mags, Ethereum has failed to break the $4,000 resistance level three times in this cycle. Each rejection has led to a further decline, with the latest downturn pushing the cryptocurrency below its mid-range level. The price is now also trading below an upward-sloping trendline support, which had been holding since the previous cycle bottom.

Analysts warn that Ethereum could continue its decline if it does not reclaim $2,500 in the near term. A further drop below the current levels could expose ETH to a potential fall toward $1,060, where the range low is positioned. The lack of strong support suggests that downward movement remains a strong possibility.

Market data indicates that Ethereum price remains under bearish pressure. The altcoin has not shown signs of establishing a solid bottom, raising the risk of prolonged losses. Without a strong recovery above resistance levels, the bearish trend may persist.

ETH/BTC Pair Remains in a Bearish Trend

Additionally, the ETH/BTC trading pair has been underperforming, signaling weakness in Ethereum’s relative strength against Bitcoin. The Relative Strength Index (RSI) on the three-day chart remains below 30, a level that often indicates oversold conditions. However, historical trends show that oversold levels have not always marked a definitive bottom for Ethereum price.

Since mid-2024, ETH/BTC has recorded multiple breakdowns, with declines of 13%, 21%, 25%, and 19.5%. The 50-day and 200-day Exponential Moving Averages (EMAs) continue to trend downward, reinforcing the bearish outlook.

Additionally, analyst CarpeNoctom has pointed out that ETH/BTC has yet to confirm a bullish divergence on its weekly chart, further suggesting that ETH price could struggle to find support.

Declining ETF Flows and Weak On-Chain Activity

Since the start of the year, Ethereum-based exchange-traded funds (ETFs) in the US have seen consistent outflows. In March 2021, the net assets of spot Ether ETFs decreased by 9.8%, amounting to $2.54 billion. Bitcoin ETFs, on the other hand, suffered a slight decrease of 2.35% to $35.74 billion. This divergence indicates that institutional fund managers are losing interest in Ethereum.

Further, there is decreasing network usage evidenced by on-chain data. It is worth mentioning the median gas fees have declined on the mainnet and fluctuating at approximately 1.12 GWEI in March. This is a far lower turnover as compared to the previous calendar year, meaning that there are less transaction taking place on the network.

Technical analysts believe that the future performance of Ethereum price is not looking good as it remains below some key levels. The next level of support is at $1,060 which blends with the lower limit of the long-term trading range.

As of this writing, the altcoin is trading at $1,923.03, which is 27.81% low from the previous month. Despite a market cap of $231.96 billion, the ongoing downward trend suggests continued selling pressure.

The post Analyst Warns Ethereum Price Could Crash To $1,060, Here’s Why appeared first on CoinGape.

In a massive development, Ripple allegedly offered to buy USDC issuer Circle, although the deal didn’t fall through as the stablecoin issuer rejected the amount that the crypto firm offered. A potential acquisition would be a huge move for the crypto firm, considering that it already issues the RLUSD stablecoin, which is gaining market share.

Ripple Offered To Buy Circle For $5 Billion

According to a Bloomberg report, Ripple offered to buy Circle for $4 to $5 billion, but the stablecoin issuer rejected the bid because it was too low. The report further revealed that the USDC issuer is more focused on following through with the initial public offering (IPO) it filed earlier this month. Meanwhile, the RLUSD issuer has yet to decide whether to make another offer to Circle.

This development comes just as the Brad Garlinghouse-led company agreed to acquire prime broker Hidden Road for $1.25 billion earlier this month. It is worth mentioning that Ripple already issues the RLUSD stablecoin, which is the 12th largest by market cap. Meanwhile, USDC is the second-largest by market cap.

As such, an acquisition of Circle would undoubtedly have expanded the crypto firm’s dominance in the stablecoin industry. The RLUSD stablecoin recently surpassed the $300 market cap milestone, but is still playing catch-up to other stablecoins.

Interestingly, Circle recently launched its payment services for cross-border transactions. This move puts the firm in competition with Ripple, which already offers payment services centered around cross-border transactions.

Circle has also been making moves to expand its services beyond the US, as the USDC stablecoin issuer secured in-principle approval from Abu Dhabi’s financial regulator to operate a money service business in the region.

Pro-XRP lawyer John Deaton commented on Ripple’s proposal to acquire Circle. In an X post, he questioned if both firms might move to buy or become a bank next. He also questioned how high Brad Garlinghouse will go as part of his vision for the company.

The post Ripple Offered $5 Billion To Buy USDC Issuer Circle: Bloomberg appeared first on CoinGape.

The post Vitalik Buterin Responds to Charles Hoskinson’s Ethereum Criticism with Layer-Zero Update appeared first on Coinpedia Fintech News

Ethereum, one of the most widely used blockchain platforms, has faced increasing scrutiny over its scalability issues, especially with the rise of Layer-2 solutions. As more users turn to platforms like Arbitrum and Optimism, questions about Ethereum’s ability to handle increasing demand have been raised. Recently, Ethereum co-founder Vitalik Buterin

Vitalik Buterin

 
Vitalik Buterin is a well-known tech geek, influencer, and computer programmer. To promote the blockchain, he started Bitcoin Magazine and provided blockchain information for cryptocurrency investors. In 2015, he co-founded Ethereum, a blockchain platform that contributed to decentralized finance.
 
Quick Facts
 

Full name

Vitaly Dmitrievich Buterin

Birth

31-01-1994, Kolomna, Russia

Education

University of Waterloo

Wife/Partner

To be updated / Not Married

Famous for

Ethereum, ETH, Blockchain advocate/promoter 

Net Worth

$1B (refer for realtime)

 
Buterin recognized the need for decentralized finance and used smart contracts to publish the Ethereum whitepaper.  His contributions paved the way for Ethereum’s transition to Proof-of-Stake, which proved to be scalable and effective. Furthermore, he introduced Ether (ETH), the blockchain platform’s native coin.
A Timeline of Vitalik’s Career

Co-founded Bitcoin Magazine (2011) – Established one of the first crypto publications, writing extensively on Bitcoin and blockchain.
Authored Ethereum Whitepaper (2013) – Proposed a blockchain with smart contract functionality for decentralized applications (dApps).
Co-founded Ethereum (2015) – Launched Ethereum after a successful $18M ICO, revolutionizing the blockchain ecosystem.
Developed Ethereum Virtual Machine (2015–2016) – Created the EVM, enabling developers to build and deploy smart contracts.
Worked on Ethereum Scalability (2017–2021) – Contributed to Layer 2 solutions like Rollups, Plasma, and Sharding.
Led Ethereum’s Transition to Proof-of-Stake (2018–2022) – Helped develop and implement Ethereum 2.0, merging the Beacon Chain in 2022.
Blockchain Research & Cryptography (2016–Present) – Focused on zk-SNARKs, privacy tech, and decentralized governance models.
Philanthropy & Crypto Advocacy (2017–Present) – Donated millions in crypto for pandemic relief, AI research, and financial inclusion.

 
Key Achievements of Ethereum’s Co-founder
 

Year 

Achievements

Details

2014

Thiel Fellowship

Awarded a $100,000 grant by Peter Thiel to work on Ethereum.

2018

Fortune 30 Under 30

Recognized as one of the most influential young leaders in technology.

2018

World Technology Award in IT Software

Honored for contributions to blockchain and Ethereum’s development.

2021

Time 100 Most Influential People

Recognized for his impact on the global crypto and blockchain ecosystem.

2022

Ethereum’s Transition to Proof-of-Stake

Successfully led Ethereum’s transition from Proof-of-Work to Proof-of-Stake.

 

Other Useful links to connect with Vitalik Buterin
 

Platform

Link

X (formerly Twitter)

https://twitter.com/VitalikButerin

GitHub

https://github.com/vbuterin

Ethereum Official Website

https://ethereum.org

Vitalik’s Blog

https://vitalik.ca

 
 

EntrepreneurCrypto and Blockchain Expert

has offered a timely response to those concerns, especially following strong criticism from Cardano’s founder, Charles Hoskinson

Charles Hoskinson

Charles Hoskinson is an American entrepreneur and blockchain visionary. He co-founded IOHK, and Cardano (ADA), a blockchain project. He also co-founded the Ethereum blockchain platform.
With the help of Cardano’s proof-of-stake (PoS) blockchain, Charles weighs on scalability, security, and interoperability to facilitate enterprise blockchain adoption. He directs research in Web3, cryptocurrency innovation, and decentralized governance through IOHK.
Quick Facts

Full Name

Charles Hoskinson

Birth

05-11-1987 in Hawaii, United States

Nationality

American

Education

University of Colorado Boulder, Metropolitan State University of Denver

Marital Status

Unmarried as of 2025

Net Worth

Estimated around $700 million

Charles Hoskinson’s work in cryptography, digital assets, and blockchain promotion has recognized him in the crypto. His efforts in developing blockchain have greatly contributed to the advancement of DeFi and blockchain networks globally.
Charles Hoskinson – Professional Career Timeline

2013 – Co-founded Ethereum (ETH), contributing to smart contracts and decentralized applications.
2014 – Left Ethereum over governance disputes and founded IOHK (Input Output Hong Kong).
2015 – Started developing Cardano (ADA), a third-generation blockchain with a proof-of-stake (PoS) model.
2017 – Launched Cardano mainnet, introducing scalable and secure blockchain solutions.
2019 – Led Cardano’s Shelley upgrade, enhancing network decentralization and staking rewards.
2021 – Rolled out Alonzo hard fork, enabling smart contracts and DeFi on Cardano.
2022 – Expanded Web3, governance, and blockchain adoption via Cardano’s Vasil hard fork.
2023 – Advocated financial inclusion and blockchain education in Africa and developing nations.
2024 – Advanced self-sovereign identity and on-chain governance with Cardano’s latest updates.
Present – Continues shaping blockchain innovation, DeFi, and decentralized ecosystems through IOHK.

He has collaborated with various tech experts and blockchain startups. Charles sees decentralized finance as a tool for financial freedom. He also educates crypto beginners through social media sites, conferences, and tech channels.
Useful Links to Connect With Charles Hoskinson

Platform

Link

X (formerly Twitter)

Charles Hoskinson (@IOHK_Charles) / X

LinkedIn profile

Charles Hoskinson – Self-employed | LinkedIn

Cardano Foundation

Cardano Foundation

YouTube profile

https://www.youtube.com/c/charleshoskinson

Chief Executive Officer

.

“I don’t think Ethereum will survive more than ten or fifteen years. The Layer-2s will drain all the value, and users will migrate elsewhere, eventually getting eclipsed by Bitcoin,” said Charles Hoskinson.

Vitalik Buterin’s Layer-Zero Update

Buterin responded directly to Hoskinson’s comments, which predicted Ethereum’s collapse within 15 years if it continued relying heavily on Layer-2 solutions. In a bid to address these scalability challenges, Buterin unveiled an exciting Layer-Zero upgrade. This proposal suggests transitioning Ethereum from the traditional Ethereum Virtual Machine (EVM) to a more efficient zkVM system, based on RISC-V standards.

The upgrade promises major improvements, including up to 832 times fewer cycles than the current EVM and a 95.7% reduction in proving cycles. These advancements are expected to increase throughput by 30 times through GPU acceleration, significantly improving the network’s efficiency. Plus, proof compression could shrink from 346MB to just 1.5MB, creating a much more streamlined system.

• Also Read :
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•   ,

A Path to Ethereum’s Long-Term Growth

However, this Layer-Zero update could potentially reshape Ethereum’s scalability, offering a new path forward that doesn’t rely on Layer-2 solutions. By improving the Ethereum base layer, Buterin’s proposal could reduce transaction fees and increase Ethereum’s competitiveness, especially against newer blockchain technologies.

While still in the proposal stage, this update could greatly enhance Ethereum’s long-term viability and set the stage for future growth, addressing both scalability issues and concerns raised by critics like Hoskinson.

The post Vitalik Buterin Responds to Charles Hoskinson’s Ethereum Criticism with Layer-Zero Update appeared first on Coinpedia Fintech News
Ethereum, one of the most widely used blockchain platforms, has faced increasing scrutiny over its scalability issues, especially with the rise of Layer-2 solutions. As more users turn to platforms like Arbitrum and Optimism, questions about Ethereum’s ability to handle increasing demand have been raised. Recently, Ethereum co-founder has offered a timely response to those …