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Reading: DeFi pioneer coughs up $50K after making a pretty bad bet on Ether
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Mycryptopot > News > Crypto > Ethereum > DeFi pioneer coughs up $50K after making a pretty bad bet on Ether
Ethereum

DeFi pioneer coughs up $50K after making a pretty bad bet on Ether

January 6, 2026 3 Min Read
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Crypto government Kain Warwick is ready to pay up $50,000 after betting that Ether would hit $25,000 in 2025, becoming a member of certainly one of many market members who overestimated the pace of Ether’s restoration after its dip in October.

Ether (ETH) ended Dec. 31 buying and selling at roughly $2,980, round 13.7% decrease than the place it began initially of the 12 months, in response to CoinMarketCap.

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A part of it was as a consequence of a $19 billion crypto market liquidation on Oct. 10 that triggered a downtrend, pushing Ether as little as $2,767 earlier than it slowly crept upward once more.

The guess got here from an alternate between Warwick and Multicoin managing accomplice Kyle Samani in November. Samani doubted the possibilities that Ether (ETH) might get well and hit $25,000 by the top of the 12 months.

Warwick disagreed, betting at 10:1 odds that it had an opportunity.

“Time to pay up,” Samani mentioned in an X submit directed at Warwick on Wednesday.

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Cryptocurrencies, Ethereum

Ether is down 2.18% over the previous 30 days. Supply: CoinMarketCap

Warwick, like many others, had excessive hopes for Ether final 12 months, given surging institutional adoption and strikes towards actual world asset tokenization.

Chatting with Cointelegraph on Friday, Warwick toned down his new Ether value goal for 2026 in gentle of the latest loss, with a “measly $10,000.”

“Akkkkktually [Actually] ETH is up 50% from after we made our guess. Simply wanted one other clear 8x for me to win,” Warwick mentioned.

Different analysts had been tipping round $10K

Simply weeks earlier than Warwick doubled down on Ether, BitMine chair Tom Lee speculated the cryptocurrency might finish the 12 months at roughly $10,000.

“For Ethereum, someplace between [$10,000] and $12,000,” Lee mentioned on the Bankless podcast on Oct. 13.

In the meantime, BitMEX co-founder Arthur Hayes, who additionally appeared on the identical podcast episode, mentioned he’s “going to remain constant” along with his $10,000 prediction by the top of the 12 months.

Associated: Crypto sentiment shifts off excessive worry, however ‘combined feelings’ persist

Whereas the value didn’t get there, Ethereum as a substitute made different milestones in 2025.

Ethereum had two main upgrades in 2025, Pectra in Could and Fusaka in December. The Ethereum Basis said that Fusaka brings Ethereum a step nearer to offering “near-instant transactions.”

On Thursday, Ethereum co-founder Vitalik Buterin mentioned that Ethereum wanted to do extra to attain its mission of “[building] the world laptop that serves as a central infrastructure piece of a extra free and open web.”

Journal: How crypto legal guidelines modified in 2025 — and the way they’ll change in 2026

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Reading: DeFi pioneer coughs up $50K after making a pretty bad bet on Ether
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