Bitcoin Foundation Holds $4 Million in Bitcoin, Spends $150k Each Month
The Bitcoin Foundation has released its annual Members Meeting Transcript, a 22-page document that provides a broad overview of the non-profit's recent initiatives as well as its future plans for promoting bitcoin around the globe. Perhaps most notably, the Bitcoin Foundation revealed new details about its finances, with Executive Director Jon Matonis indicating the company is now spending $150,000 per month on its operations, or roughly $1.8m per year. Matonis went on to note that the foundation has $4.6m equivalent in assets, and that 90% of its assets are in bitcoin. However, he....
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Bitcoin is holding above $80,000 as the market tests key resistance and participants debate whether the recovery from the March lows has the foundation for a sustained move higher. The price has recovered 17.5% over the past month — a meaningful move that has shifted sentiment from fearful to cautiously optimistic. But top analyst Carmelo […]
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in cryptocurrencies while the rest of the treasury is composed of non-crypto investments and assets.
Ethereum Foundation Holds $1.294 Billion in Ether
The Ethereum Foundation is a non-profit organization that’s dedicated to fostering growth within the Ethereum ecosystem. The recently published EF April 2022 report explains that there are various ways the EF bolsters the Ethereum....
The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets. […]
Bitcoin surged nearly 5% on Sunday, pushing toward the $90K mark, driven by a weakening dollar and rising monetary stimulus in Europe and China. There’s a lot of momentum from technical indicators, but a key resistance line remains in play. Some experts are now calling for a $150K BTC target this year, and there are […]