MagicEden CEO states they will cease supporting Ethereum and Bitcoin NFT markets to shift towards online gambling business

Over $9 billion in funds flowed out of Bitcoin and Ethereum ETFs within four months

U.S.-listed spot Bitcoin and Ethereum ETFs have experienced record outflows over the past four months, with institutional interest in digital assets significantly declining. The Bitcoin ETF has seen a net outflow of $6.39 billion, and the Ethereum ETF has seen outflows of $2.76 billion, leading to sharp declines in the prices of both tokens.

Ethereum’s Massive Slump Continues With Sixth Straight Red Month - U.Today

Ethereum has faced its sixth consecutive month of losses, marking its second-longest slump since 2018. Factors contributing to this decline include whale distribution, derivatives selling, and macroeconomic uncertainty. Predictions vary, with forecasts of ETH potentially reaching $7,500 to $10,000 in the future, but currently, it remains slightly above its 2018 peak.

Former Ripple CTO David Schwartz recounts the sale of 40,000 ETH at just $1 each

David Schwartz, Ripple's CTO, shared his experience of selling 40,000 ETH early for $1.05 each, yielding a 321% profit. Although he initially felt like an “investment genius,” he later missed the significant ETH price surge. Schwartz now holds various cryptocurrencies and once owned 20 million XRP. His net worth is estimated to be between 19,283,746,565,748,392,010 million and 19,283,746,565,748,392,010 million, largely based on his Ripple shares.

XRP Today News: Ripple unlocks $1.37 billion worth of tokens, market reaction remains calm

Ripple plans to unlock a total of 1 billion XRP in three phases. Despite the large release, market reaction has been muted, and XRP price has only risen slightly. The unlocking is part of its supply management plan, with Ripple still holding approximately 32% of the total supply. Although XRP performed poorly in February, recent ETF capital inflows indicate that institutional interest remains. Analysts predict that XRP could experience a significant rally, with a target price between $15 and $18, and believe that the current trend resembles the false breakout pattern seen before previous bull markets.

Vitalik Buterin: AI "Vibe Coding" could significantly accelerate Ethereum's roadmap, with the 2030 upgrade possibly moving forward.

Vitalik Buterin pointed out that artificial intelligence significantly improves Ethereum development efficiency, and the AI-completed 2030 roadmap prototype demonstrates the potential to accelerate core upgrades. He emphasized that while using AI for programming, attention must be paid to code security risks, and he recommends combining AI with security audits to promote "bug-free code" as an industry standard. At the same time, Buterin is focused on the Ethereum Foundation's "Strawmap" plan, which will prioritize upgrades to key technologies such as account abstraction in the future.

V God announces: EVM will be retired soon, RISC-V will be deployed in three phases, and AI will accelerate Ethereum's evolution beyond expectations

Ethereum co-founder Vitalik Buterin recently posted an article elaborating on two major core changes in the execution layer, including converting the state tree to a binary tree and replacing EVM with RISC-V. He pointed out that these changes help improve efficiency and address bottlenecks. Additionally, Vitalik is optimistic about AI's potential in development, believing it can accelerate the roadmap and enhance security. He advocates leveraging the speed red shift brought by AI to accelerate development and improve security standards, shaping a more efficient and secure development environment.