Vitalik Buterin's Viral ‘Meow' at Robot Sparks Ethereum Price Speculation as ETH Drops Below $2,000
Vitalik Buterin, Ethereum's co-founder, went viral after a video surfaced showing him kneeling in front of a robot and making what sounded like a 'meow' noise. The video quickly made waves on social media, with crypto influencers and traders weighing in on the quirky moment. Wendy O, a well-known crypto influencer, humorously posted, "The future of Ethereum is in this man's hands… Meow," while Phil Fogel, co-founder of Cork Protocol, acknowledged that while his professional life and net worth depended on Buterin, he still found the interaction amusing.
The video sparked speculation within the community, with some viewers jokingly linking it to Ethereum's market struggles. At the time of the video's release, Ether had fallen below $2,000, marking a significant drop from its peak of over $4,000 in December 2024. Many in the crypto space expressed concern about Buterin's leadership amid the price drop. Pseudonymous trader "sgp" remarked, 'while Ethereum is doing -5% 1-minute candles, Vitalik is busy meowing at a robot.' Others expressed fears that the future of Ethereum was tied to Buterin's actions.
As Ether sits at around $1,788, down by more than 13% in the last month, some traders like Alex Becker see it as a long-term buying opportunity. Becker believes that Ethereum is undervalued, predicting substantial gains over the next two years if the market doesn't experience a major global downturn.
The viral video, while amusing, has also highlighted some of Ethereum's ongoing challenges. One key issue is the increasing adoption of layer-2 solutions, which are moving projects away from Ethereum's main network, causing a decline in demand for transactions on the main chain. Castle Island Ventures' Nic Carter has pointed out that this shift could devalue Ethereum in the long term. Ethereum's dynamic monetary policy, which allows for flexible token issuance unlike Bitcoin's fixed supply, has also raised concerns about over-issuance and its potential impact on the currency's value.
Despite these concerns, Buterin remains influential in the Ethereum ecosystem, pushing for continued development and scaling strategies. His playful behavior, such as the 'meow' at the robot, continues to attract attention and provoke reactions from both supporters and critics. This is not the first time Buterin's antics have sparked debate; at Token2049 Singapore in September 2024, he made headlines by calling out "cringe" crypto anthems and singing on stage, highlighting his unconventional public persona.
As Ethereum faces volatility and long-term challenges, the crypto community remains focused on Buterin's leadership, knowing that his decisions will play a significant role in shaping Ethereum's future.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Insider
an hour ago
- Business Insider
Blockware and Voltage Unlock Zero-Lead Time Bitcoin Miner Deployment with Lightning
Houston, TX, US, June 26th, 2025, Chainwire Blockware, a leading provider of Bitcoin Mining services, is proud to announce a strategic partnership with Voltage, the premier enterprise-grade infrastructure provider for the Bitcoin Lightning Network. This integration brings Lightning-native payments directly to the Blockware Marketplace, allowing customers to purchase hosted Bitcoin miners with instant settlement and begin mining immediately. By combining Blockware's turnkey mining platform with Voltage's Lightning infrastructure, users can now go from 'buying' to 'mining' in seconds — a revolutionary shift in an industry that has historically been plagued by shipping delays, power build-outs, and opaque hardware sourcing. 'This partnership enables the ultimate Bitcoin mining edge: immediate, on-demand access,' said Mason Jappa, CEO of Blockware. 'We're eliminating friction for miners and radically accelerating the speed at which capital can convert into compute.' The integration enables buyers on the Blockware Marketplace to use Lightning payments for hardware purchases, hosting fees, and miner deployment. By leveraging the scalability and speed of the Lightning Network, Blockware is pioneering a new frontier of infrastructure-as-a-service, where mining capacity is treated like liquid digital inventory — as fast and borderless as Bitcoin itself. 'Lightning is key to making Bitcoin scalable as a medium of exchange, and mining is the key to Bitcoin's longevity and security,' said Graham Krizek, Founder and CEO of Voltage. Together, we're giving Bitcoiners a faster, simpler, and overall better way to stack sats and participate in the exciting space of Bitcoin mining.' This innovation reinforces Blockware's mission to make Bitcoin mining accessible, transparent, and capital efficient for everyone — from institutions to plebs. With real-time provisioning and Lightning-native checkout, the Blockware Marketplace now represents the fastest path to self-sovereign Bitcoin acquisition on Earth. About Blockware Blockware is at the forefront of Bitcoin mining and infrastructure innovation, delivering products and services that empower miners and enterprises in the digital asset ecosystem. With a focus on cutting-edge technology, scalable solutions, and operational excellence, Blockware is driving the future of Bitcoin infrastructure globally. Voltage is the leading enterprise-grade infrastructure provider for the Bitcoin Lightning Network. Offering node hosting, liquidity management, and developer tools, Voltage makes it easy for companies to build, deploy, and scale applications on Lightning. Blockware
CNBC
an hour ago
- CNBC
What's driving Wall Street stablecoin interest? Trillions, and maybe biggest global money-moving shift since credit cards
After a brief pullback this week, shares of stablecoin issuer and recent IPO darling Circle were in rally mode again, soaring double-digits on a percentage basis in trading on Thursday, after having moved up by more than 600% percent since its debut on the New York Stock Exchange earlier this month. Bitcoin and ether have led a recent crypto rise, as digital assets joined the resumption of the risk-on rally, with additional factors such as the potential for lower interest rates later this year, some more moderate talk from the White House on tariffs, and at least temporary easing of tensions in the Middle East. But when it comes to Circle and the stablecoin boom, there's a more fundamental driver as Wall Street interest in the technology continues to evolve: more action in the space. For example, Fiserv debuted a stablecoin earlier this week. Mastercard then linked that stablecoin to its network. Credit cards are a good place to understand the opportunity, according to Zach Abrams, Bridge co-founder and CEO, who told CNBC's MacKenzie Sigalos that the market is estimated to grow into the trillions and could be the biggest global money-moving shift since the introduction of credit cards. Some of the top private companies are already making major use of stablecoins today. Abrams cited the example of ScaleAI, into which Meta just invested over $14 billion, and which uses Bridge to pay data labelers all over the world. SpaceX also uses Bridge to convert payments made for its Starlink internet services in local currencies and bring it back to the U.S. "We think that stablecoins are an entirely new money-movement platform, like credit cards were decades ago," he said in an interview for Thursday's "Crypto World." "[Credit cards] created trillions in value and I think stablecoins will be the same," he said. "We think it's going to be a very big change that will play out over many years," he added. Bridge was recently acquired by private fintech giant Stripe for $1.1 billion. Abrams said as regularity clarity increases, more traditional financial players will want to get in on the opportunity. Stablecoins, less than a decade old, are today a $400 billion market, and Abrams says that if, as most banks think, the market "will get to a few trillion" it is a market where peeling off some of that share has to be a focus. Today, it is served almost entirely by Tether and Circle, he said. Ultimately, there is a role not just for big financial firms like JPMorgan Chase and Bank of America, but Fiserv and local banks. In fact, the move up to trillions in stablecoin market value won't happen, Abrams said, without "a huge percentage" being handled by traditional financial institutions. Wall street's embrace of tokenization keeps growing in other ways as well. New York-based investment startup Republic announced on Thursday it will allow users to buy tokens that represent private companies like SpaceX, OpenAI and Anthropic. Republic will offer these tokens for a minimum of $50, lower than the roughly $10,000 typically required for investing in private companies. In other crypto news of note on Thursday: Ripple and the SEC can't put their legal battle behind them, yet. A federal judge rejected the joint motion by the crypto firm and the regulator to endorse Ripple's reduced $50 million fine to settle the civil lawsuit over the alleged sale of unregistered securities, saying they lacked the authority to make the deal. Ripple-linked cryptocurrency XRP was down over 2% on Thursday. Ripple's chief legal officer Stu Alderoty laid out the company's options in an X post. Also, more from "Crypto World" on the news that first broke yesterday that the Trump administration is working to let home buyers include their crypto in federal mortgage applications.
Yahoo
2 hours ago
- Yahoo
Crypto Stock Core Scientific Spikes on CoreWeave Buyout Reports: Is CORZ Stock a Buy Now?
Core Scientific (CORZ) stock has spiked 30% intraday following reports of advanced acquisition negotiations with CoreWeave (CRWV), according to The Wall Street Journal. The surge to its highest levels since January has carried CORZ well above its upper Bollinger Band, with the 14-day Relative Strength Index (RSI) approaching 80 - firmly into overbought territory. The potential deal comes at a time when Core Scientific's market valuation has reached approximately $3.7 billion, marking a substantial increase from CoreWeave's previously rejected bid of $5.75 per share, or about $1 billion, last year. In the most recent fiscal year, CORZ reported $115.3 million in total revenue and $56.2 million in adjusted EBITDA, while successfully mining 1,414 Bitcoin (BTCUSD). Tesla's Robotaxis Reportedly Sped and Veered Into the Wrong Lanes. Does This Crush the Bull Case for TSLA Stock? 1 Dividend Stock to Buy Yielding Over 7% Ditch Big Tech and Buy These 3 Popular Stocks in 2025 Instead Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Meanwhile, CoreWeave has experienced remarkable success since its March 2025 IPO, with its stock climbing nearly 325%. On today's news, CRWV is down about 1%. The strategic partnership between Core Scientific and hyperscaler CoreWeave has already been established through their June 2024 agreement, where Core Scientific committed to providing hundreds of megawatts in hosting capacity through 12-year contracts. The potential merger would create a powerhouse in both cryptocurrency mining and AI infrastructure, capitalizing on Core Scientific's extensive mining fleet and CoreWeave's growing AI capabilities. Core Scientific's position as one of North America's largest digital infrastructure operators for bitcoin mining and high-performance computing makes it an attractive acquisition target, particularly given the industry's increasing focus on artificial intelligence (AI) capabilities. At the same time, CoreWeave's transformation from a crypto mining operation to a leading AI infrastructure provider has positioned it well for this acquisition, having secured major customers including Microsoft (MSFT) and OpenAI. The company's Q1 2025 performance showed nearly $1 billion in revenue, though it posted a net loss of $315 million, reflecting the capital-intensive nature of the AI infrastructure sector. The broader market context shows strong momentum in the cryptocurrency sector, with Bitcoin maintaining levels above $107,000 and the total crypto market capitalization reaching $3.31 trillion. This environment, combined with increasing institutional adoption and the evolution of blockchain technology in traditional finance, provides a favorable backdrop for the potential merger. The consolidation between these two companies would represent a significant development in the convergence of the cryptocurrency mining and AI infrastructure sectors, potentially creating a more resilient and diversified entity capable of capitalizing on both markets. However, traders should be extremely cautious about chasing overbought CORZ stock higher on these unconfirmed reports. This article was generated with the support of AI and reviewed by an editor. On the date of publication, the editor had a position in: MSFT. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
