Sharplink CEO Joseph Chalom spoke to Cointelegraph’s Robert Baggs on the Chain Reaction show about three catalysts that could help Ethereum's price rise.
Chalom highlighted the catalysts during the interview on the blockchain-focused program. He explained what Ethereum needs for significant price growth in the discussion with Baggs.
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SharpLink, Bitmine and Consensys CEO Joe Lubin are funding Ethlabs, a new nonprofit research organization launched by five former Ethereum Foundation researchers.
Ethereum is transitioning from experimental pilots to production use among major financial institutions, according to Vivek Raman, cofounder of Etherealize.
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A new nonprofit called Ethereum Institutional has launched to accelerate institutional adoption of the Ethereum blockchain. The organization aims to serve as a neutral point of contact for banks and asset managers exploring tokenization and onchain finance.
Bitcoin traded near 64000 dollars while Ethereum underperformed amid weakening risk appetite. The global crypto market capitalization fell 2 percent to 2.19 trillion dollars.
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The Ethereum Foundation dismissed 54 employees and reduced its annual budget by roughly 40 percent on June 23 as part of a reorganization. The cuts follow the launch of EthLabs, a new research organization, the previous day. Officials described the changes as a shift toward a leaner structure focused on core protocol priorities.