Myriad Moves: More Gains for Ethereum? And Can Tornado Cash Dev Roman Storm Avoid Prison?
Ethereum, now the second-largest crypto asset, is experiencing a surge with predictions it could hit a new all-time high by the end of 2025. As of late July, predictions indicate a 64% chance of Ethereum surpassing its previous record of $4,891.70. Meanwhile, Tornado Cash developer Roman Storm is on trial facing charges related to money laundering and evading U.S. sanctions. With 65% of predictors anticipating a guilty verdict, the trial could significantly impact future judicial standards concerning software developers' liabilities. Despite the tumultuous backdrop, fewer predictors believe Ethereum will breach the $4,000 mark in the short term, citing current trading at about $3,773. Recent bullish fundamentals, including Ethereum's resilience against Bitcoin's downturn, suggest analysts foresee a potential rise towards $5,000. Additionally, Myriad prediction markets are engaging audiences in diverse topics, including bird migration patterns across Texas, contributing to a rich landscape of speculative engagement in both crypto and broader interests.
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