BTCS Expands Ethereum Holdings by 38%, Signaling Strong Confidence in ETH’s Future
BTCS Inc. has made a significant move in the cryptocurrency market by increasing its Ethereum holdings by 38%, acquiring an additional 3,450 ETH worth approximately $8.42 million. This strategic purchase, executed at an average price of $2,441 per ETH, brings the firm’s total ETH holdings to 12,500 units by mid-May 2025. The decision underscores BTCS’s commitment to bolstering blockchain infrastructure and reflects a bullish outlook on Ethereum’s long-term potential. With the current ETH price at $2,627.81, this expansion highlights the firm’s confidence in the digital asset’s growth trajectory.
BTCS Expands Ethereum Holdings by 38% to Bolster Blockchain Infrastructure
BTCS Inc. has significantly increased its ethereum holdings, acquiring an additional 3,450 ETH worth approximately $8.42 million. The purchase, executed at an average price of $2,441 per ETH, elevates the firm’s total ETH holdings to 12,500 units by mid-May 2025—a 38% surge from Q1 levels.
The strategic accumulation underscores BTCS’s commitment to blockchain infrastructure development, particularly through its validator operations and proprietary platforms like Builder+ and ChainQ. Ethereum remains central to the company’s growth strategy, serving as the backbone for scalable innovation.
This move coincides with an 88% quarter-over-quarter increase in BTCS’s crypto asset portfolio during Q2 2025, reflecting institutional confidence in blockchain’s long-term value proposition. The firm’s targeted investments signal a maturation of crypto-native business models beyond speculative trading.
Vitalik Buterin Acknowledges Breakthrough in ZK Proving Technology
Ethereum co-founder Vitalik Buterin has lauded a significant advancement in zero-knowledge (ZK) technology, describing recent achievements in real-time proving as "truly amazing." The milestone, announced by developer Uma Roy, marks a leap forward for a field where such progress was once considered a distant goal.
Roy’s team demonstrated real-time Ethereum proving, a feat that has sparked both celebration and skepticism within the cryptography community. While some researchers question the immediacy of practical applications, the development underscores the accelerating pace of innovation in ZK systems.
Vitalik Buterin Proposes 100-Fold Increase in Ethereum Gas Limit to Boost Efficiency
Ethereum co-founder Vitalik Buterin outlined ambitious plans to scale the network’s LAYER 1 capacity, targeting a 10x to 100x increase in gas limits. The proposal comes with caveats—rigorous stress testing and formal verification must precede implementation to ensure network stability.
Proof-of-stake energy requirements remain a barrier to broader participation, Buterin noted, even as he praised developer teams like @pumatheuma’s for recent scaling breakthroughs. Mainnet upgrades require further refinement before deploying these optimizations.
The gas limit expansion would dramatically improve transaction throughput, addressing Ethereum’s long-standing scalability challenges. Buterin’s tempered Optimism reflects Ethereum’s maturation—celebrating progress while acknowledging the complex engineering hurdles ahead.
Tornado Cash Developer Challenges U.S. Sanctions in Landmark Legal Battle
Roman Storm, co-founder of Ethereum-based privacy tool Tornado Cash, has escalated his legal defense against U.S. sanctions. Federal prosecutors now face accusations of withholding exculpatory evidence that could undermine their case.
The non-custodial mixing service, which utilizes Zero Knowledge Proof technology to obscure transaction trails, remains at the center of a heated regulatory debate. Storm’s attorneys allege critical procedural violations as the case approaches a pivotal phase.