📌 Vitalik Buterin on Digital Identity

Ethereum$ETH co-founder Vitalik Buterin introduced a “pluralistic identity” model, proposing a decentralized and privacy-preserving approach to digital IDs. He warned that zero-knowledge ID systems may inadvertently compromise pseudonymity and be vulnerable to authoritarian misuse, advocating for a diversified verification system .

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📈 Ethereum’s Market Outlook

Surge in ETFs: Ethereum spot ETFs saw net inflows of $77.45 million on June 27, signaling growing institutional interest alongside Bitcoin ETF momentum .

Price Consolidation: ETH is trading around $2,430–2,440, consolidating below its recent intraday highs (~$2,459) and forming a local support at ~$2,391 .

Technical Setup: Analysts note a “death cross” forming—typical bearish signal—and caution that Ethereum remains “absolutely stuck” without breaking key resistance .

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🔒 Growth in Staking Activity

Staking continues its upward climb: over 35.2 million ETH are now locked—nearly 30% of circulating supply—tightening available supply and enhancing protocol security .

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🎯 Price Predictions & Breakout Potential

Analysts eye a possible $ETH breakout toward $2,500, with bullish scenarios projecting further upside to $3,000–$4,000 .

Amid geopolitical concerns, minor dips under $2,430 occurred, but strong support remains intact .

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🧭 Summary Table

Focus Area Highlights

Identity & Privacy Buterin champions pluralistic digital ID system

Institutional Flows $ETH ETFs net +$77M inflow; robust market participation

Price Action Trading in range, key support at ~$2,391; bearish signals present

Staking 35.2M+ ETH locked—strong deflationary trend

Future Outlook Potential rally to $3K–$4K if resistance at ~$2,500 is breached

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