Cryptocurrencies: 30360
Markets: 109411
Market Cap: $2,682,312,555,400     
24h Vol: $86,071,715,590
Cryptela — Cryptocurrency News and Market Intelligence
Coin-turk.com 2026-06-23 20:19:14

Ethereum Foundation slashes annual budget by 40 percent! What does this mean for $ETH investors?

🚨 The Ethereum Foundation is cutting its annual budget by 40 percent and letting go of around 20 percent of its staff. 📉 Following the announcement, $ETH fell nearly 4 percent to $1,661.90, breaking below the $1,700 threshold. ⚡ The foundation is pivoting to a leaner structure and long term funding strategy amid broader market pressure. Continue Reading:Ethereum Foundation slashes annual budget by 40 percent! What does this mean for $ETH investors? The post Ethereum Foundation slashes annual budget by 40 percent! What does this mean for $ETH investors? appeared first on COINTURK NEWS.
Advertise on Cryptela

Videos
  • How To Buy NFTs? Step by Step Guide for Beginners

  • How to buy Bitcoin (BTC) from Binance?

  • Helium Mining: New HNT Mining Hotspots Revealed!

  • COIN vs TOKEN | Difference Between Coin and Token | Simply Explained!