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Cryptocurrencies: 29128
Markets: 112748
Market Cap: $2,211,021,919,992     
24h Vol: $70,648,309,957
Coin-turk.com 2026-06-23 20:19:14

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

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.
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