Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

Why Bitcoin crashed below $60,000 because support fails when buyers are needed most

2026-06-24

MarsCat joins forces with Memo to drive Web3 data insights and user-friendly experiences

2026-06-24

Bitcoin as a ‘complementary diversifier’? BlackRock says YES, but…

2026-06-24
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    MarsCat joins forces with Memo to drive Web3 data insights and user-friendly experiences

    2026-06-24

    Manadia joins the Origins Network to advance scalable AI-powered blockchain ecosystems

    2026-06-24

    Chainlink brings Samsung, Toyota and Sony prices on-chain with APAC stock streams

    2026-06-24

    Aztec reaches L2Beat Phase 2 after Governance revokes ownership of the rollup contract

    2026-06-24

    What is MEV? Maximal Extractable Value, the invisible tax on crypto

    2026-06-24
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Crypto finally has a CLARITY Act date

    2026-06-24

    The US Treasury Department’s $10 billion scam alert shows why crypto is rushing itself into the police force

    2026-06-24

    Stablecoins in Britse ponden gemaximeerd op $53 miljard, terwijl de Bank of England stablecoin-regels vastlegt

    2026-06-22

    De Amerikaanse toekomst van crypto-daders zal worden bepaald door hoe toezichthouders besluiten ze te noemen

    2026-06-22

    De MiCA-deadline zal waarschijnlijk kleinere crypto-apps naar gelicentieerde bewaarrails verplaatsen

    2026-06-22
  • Analysis

    Why Bitcoin crashed below $60,000 because support fails when buyers are needed most

    2026-06-24

    Ethereum Foundation bezuinigt met 20% op personeel, terwijl ETH YTD met 44% daalt ondanks recordgebruik

    2026-06-24

    CZ noemde het no-KYC-model van Hyperliquid “geweldig”

    2026-06-24

    South Korea’s KOSPI crashes 10% as regulator admits ETF error

    2026-06-23

    Trumps quantum computing-push zet 449 miljard dollar aan ‘blootgestelde Bitcoin’ weer in de schijnwerpers

    2026-06-23
  • Learn

    Most Profitable Crypto to Mine in 2026: Best Altcoins for Mining

    2026-06-23

    Bitcoin Alternatives: Our Top Altcoin Picks for You in 2026

    2026-06-23

    What Is a Bull Flag Pattern in Crypto and How to Use It

    2026-06-20

    What Is OTC Trading? Over-the-Counter Trading Explained

    2026-06-20

    The Top 10 Bitcoin Wallets in 2026

    2026-06-20
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Ethereum Foundation is approaching its 70,000 ETH goal – details
Altcoins

Ethereum Foundation is approaching its 70,000 ETH goal – details

2026-04-04No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

On Friday, April 3, the Ethereum Foundation staked more than 45,000 Ether (ETH) tokens on the smart contract platform. This latest betting action brings the total amount of ETH committed by the foundation to approximately 69,500 coins, approximately 500 Ethers short of the foundation’s goal of 70,000 ETH staked.

Ethereum Foundation stakes 45,000 ether in one day

According to data from Arkham Intelligencethe Ethereum Foundation has continued to deploy its coins and is now on the verge of reaching its goal of 70,000 ETH. This milestone came into view on Friday after a series of transactions, totaling 45,000 ETH, each consisting of 2,047 ETH, pushed the foundation towards the goal on Friday.

Related reading

Blockchain analytics data shows that the ETH transfers, worth more than $92.2 million, went from the Ethereum Foundation’s treasury to the Ethereum Beacon Deposit Contract for deployment. The foundation began deploying portions of its Ether holdings in February, following its treasury policy change last June.

The foundation wrote in its new treasury policy:

We have long simply owned ETH, but are now increasingly turning to staking and DeFi, both to increase financial sustainability and to support an important application category that delivers on the promise of permissionless secure access to the basic infrastructure of civilization for millions of people today.

The EF staked 2,016 ETH in February 2016, worth approximately $4.1 million, and followed up with another 22,517 ETH, worth approximately $46.1 million, in March. Data from Arkham Intelligence now shows that the Ethereum Foundation has committed more than $143 million worth of ETH to date in the Ethereum Beacon Deposit Contract.

See also  Can Polkadot keep up with ICP's massive price increase?

As part of its updated strategy, the EF announced that it will periodically sell Ether to cover the deviation of the Treasury’s fiat-denominated assets from the Opex Buffer. Most recently the organization announced its completion from a sale of 5,000 ETH in an over-the-counter deal.

However, it appears that the foundation is now changing its strategy by locking up its ETH to generate returns rather than selling it to cover costs. This move comes after significant pressure from the Ethereum community.

Ethereum price overview

The price trend of ETH has been a constant source of concern for the Ethereum community in recent months. The second-largest cryptocurrency is currently down 60% from its all-time high price of $4,946 reached in August 2025.

At the time of writing, ETH’s price is just above the $2,000 level, with no significant change in the last 24 hours. According to data from CoinGecko, the altcoin is up more than 2% over the past seven days.

Related reading

Ethereum
The price of ETH on the daily timeframe | Source: ETHUSDT chart on Trading view

Featured image from iStock, chart from TradingView

Source link

Approaching Details ETH Ethereum Foundation goal
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Meta Prediction Market App Push puts the polymarket model in the spotlight of Big Tech

2026-06-24

0x opens swap API for AI agents with USDC Pay-Per-Request model

2026-06-24

Securitize Tokenizes Roubini-Linked ETF under Dubai VARA Framework

2026-06-24

Ethereum Foundation bezuinigt met 20% op personeel, terwijl ETH YTD met 44% daalt ondanks recordgebruik

2026-06-24
Add A Comment

Comments are closed.

Top Posts

Cardano Price Prediction – ADA’s revisit to THIS level will be followed by…

2024-08-16

SBF guilty of growing a terrible mustache (and trying to prevent FTX users from testifying in his case)

2023-10-04

Australia’s ASIC has fined Kraken operator Bit Trade $5 million for regulatory breaches

2024-12-12
Editors Picks

stablecoins accepted in over 150 million stores

2025-10-31

Bitcoin’s Price Drop and Grayscale Outflows – Here’s What’s Happening

2024-01-22

Crypto analyst and trader Ali Martinez believes Bitcoin (BTC) is gearing up for a rally as one indicator suddenly flashes green

2024-01-26

Large Volume Updates Boosting XRP Amid Market Crash

2026-05-23

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Why Bitcoin crashed below $60,000 because support fails when buyers are needed most

MarsCat joins forces with Memo to drive Web3 data insights and user-friendly experiences

Bitcoin as a ‘complementary diversifier’? BlackRock says YES, but…

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.