Bitcoin, Ethereum and Jerome Powell
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Cryptopolitan on MSNWall Street Has Chosen Ethereum, Leaving Bitcoin in the Background
Wall Street’s favorite crypto asset is Ethereum. Institutional inflows into ETH-based funds have surged, with more capital entering over the last six weeks than the total for the entire year. In July,
As of August 18, BitMine Immersion Technologies has fueled the ongoing bull run by announcing that its crypto holdings have reached $6.61 billion, including 1.52 million Ethereum. This makes it the world's largest Ethereum holder and the second-largest overall crypto treasury.
Ethereum set a new all-time high, breaking its previous 2021 record after Jerome Powell signaled the Fed would cut interest rates.
Analysts project Ethereum’s price if Bitcoin reaches $1 million, plus the small Ethereum-based altcoin insiders say could be the cycle’s hidden breakout.
Ethereum hits $4,869 for the first time since 2021 as Powell signals possible Fed rate cuts, lifting Bitcoin and altcoins.
Ethereum treasuries soar on dovish Fed signals, Bitcoin ETFs lose $1B, and Figure Technologies files for its IPO.
Bitcoin ETFs have been stuck with five days of outflows amid de-risking environment, but experts suggest overall outlook remains bullish.
Ethereum ( ETH -1.11%), the second-largest cryptocurrency, has more uses than Bitcoin because of its smart-contract capabilities. But its success so far has also made it popular as a way to hedge against inflation, so they have that in common. Let's see which of these top cryptocurrencies is more up to that task.