Ethereum / TetherUS
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Ethereum | Believe In somETHing

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Ethereum just turned 10 ! Damn we gettin old boyz !!

So to celebrate, here’re couple quick hitting facts about ETH that you might not have known

1. Ethereum was almost built on Bitcoin

Almost! But a bunch of core Bitcoin devs refused the proposal, pointing to security and scalability risks.

2. Peter Thiel funded Ethereum

Peter Thiel (co founder of PayPal / Founders Fund) has this thing he calls the ‘Thiel Fellowship’ where he pays students to drop out of college and work on their own projects. Vitalik was a Thiel Fellow. you see when you bet on yourself , not the system, you always win . another fun fact is Thiel missed early days of bitcoin and he always regret that

3/.The ETH whitepaper started as a Reddit post

At least, the original kernel of the idea did – Vitalik shared it with another developer buddy, Gavin Wood, who then wrote the Ethereum ‘yellow paper’ off the back of it.

4. People bought Ethereum’s 2014 ICO using BTC

The Ethereum team raised ~$18M (31,500 BTC) at the time…or in today’s money $3.7B!

5. Ethereum was almost called something else…

Platoneum, Executium, and Decentralia were all on the short list but ‘Ethereum’ won out after Vitalik took a liking to the mythical concept of a fifth element called ‘Aether’ (pronounced ‘ether’). Nerd worlds are complicated guyz!

6. Ethereum exists thanks in part to World Of Warcraft

Seriously! Vitalik had one of his hard-earned in-game spells nerfed by Blizzard (makers of World Of Warcraft) and it made him realize “what horrors centralized services can bring”. EA and UBISOFT haters now its time for you to turn your anger to a new token! come on

7. Vitalik was BTC maxi in 2011 ?

In 2011, when Vitalik was 17, he co-founded Bitcoin Magazine – where he personally wrote hundreds of articles on Bitcoin & crypto

8. Ethereum’s genesis block shouts out Bitcoin

Bitcoin and Ethereum’s genesis blocks both contained the message: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks". (A nod to the 2008 global financial crisis.)

9. The founding team built a whole bunch of other blockchains/products

Cardano, Polkadot, and MetaMask are all brainchilds of Ethereum founding members (Charles Hoskinson, Gavin Wood, and Joe Lubin).

10. ETH might be about to break a ~4 year old resistance level

so right now all wallstreet whales loading ETH like BTC in 2023. like The Ether Machine announced that its subsidiary, The Ether Reserve LLC, has purchased nearly 15,000 ETH at $3,809.97 per token (approx. $56.9M) as part of its long-term treasury strategy, bringing its total ETH purchased and committed to 334,757 ETH.

The company still has up to $407M available for additional ETH purchases. After this increase, The Ether Machine now holds more ETH than the Ethereum Foundation, becoming the third publicly listed company to surpass the Foundation's holdings, following Bitmine and SharpLink.

Also eToro announced ready to launch tokenized U.S. equities as ERC20 tokens on Ethereum.

BTC and SOL had their time, now its ETH SHOW TIME



Trade active
SharpLink Gaming buys another 18,680 ETH worth $66.63 million.
Trade closed: target reached
SharpLink announced a $200 million direct offering at $19.50 per share, led by four global institutional investors. The proceeds will be used to expand its Ethereum treasury, which is expected to exceed $2 billion upon full deployment. SharpLink stated that its core strategy is to “accumulate ETH, stake ETH, and grow ETH per share.”

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