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Ethereum Community Foundation forms with ‘mandate’ for $10K ETH

cryptoweekly by cryptoweekly
July 3, 2025
in bitcoin, News
0

Ethereum core developer Zak Cole has launched the Ethereum Community Foundation to “do what the [Ethereum Foundation] won’t.”

An Ethereum core developer has set up a new organization called the Ethereum Community Foundation, with one of its aims to bring the price of Ether to $10,000.

ECF was spearheaded by Ethereum core developer Zak Cole, who explained his rationale for setting up ECF at the eighth Ethereum Community Conference held in Cannes, France, on Tuesday.

According to Cole, the Ethereum Foundation has been neglecting ETH as an asset class.

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Recent Posts
  • Bitcoin price rallied 80% the last time BTC funding rates flipped red
  • MiCA enforcement still fragmented across EU, says Bitpanda exec
  • Pakistan Bitcoin mining plan in limbo as IMF rejects power subsidies: Report
  • Bitcoin dices with $110K as US jobs beat takes Fed rate cut 'off table'
  • John Smedley’s studio raises $30.5M for new shooter built on Etherlink
  • Why can’t Bitcoin price break $112K all-time highs? BTC analysts explain
  • ChatGPT vs X: Which is better at first spotting the next big crypto narrative?

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