Vitalik Buterin disagrees with Udi Wertheimer’s suggestion to allocate 10% to Bitcoin, revealing that his own Bitcoin investments are below this threshold. This reflects his strong commitment to Ethereum, highlighting a cautious approach to diversification.
Ethereum’s price stagnation is evident with ETH struggling to stay above 3,500 USD following resistance at 4,000 USD. Experts warn of a drop to 2,800-2,500 USD if whale trading volumes do not increase.
Concerns about Layer 2 networks impacting Ethereum’s stability were raised. Buterin defended these networks, advocating for their enhancement in value rather than increasing Layer 1 gas limits.
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