Standard Chartered's digital asset research head, Geoffrey Kendrick, suggests ether (ETH) could outperform bitcoin (BTC) by over 40% by the end of 2026. This outlook follows Strategy's recent bitcoin sale, which may signal a broader shift in crypto markets. Unlike bitcoin treasuries that may need to sell assets to cover expenses due to no yield generation, ether treasuries can earn staking income, making them more self-sustaining. Kendrick expects the ETH-BTC ratio to rise from 0.028 to 0.04 by year-end, highlighting ether's potential to outperform bitcoin even if both assets fluctuate in value.
The SEC issued Order No. 34-106268 approving XRP and Solana as digital commodities alongside Bitcoin and Ether, allowing actively managed crypto ETFs to hold up to 15% of assets in these coins. This regulatory clarity sparked a $566.9 million short s...
Economists expect the US economy to add about 53,000 to 56,000 jobs in August, a rebound from July's loss. The unemployment rate is forecasted to stay near 4.1%. This jobs report is crucial as it influences Federal Reserve decisions on interest rates...
Ethereum price recovered from about $2,370 to above $2,520 within 24 hours, rising nearly 6%. The rebound coincided with a broader crypto rally and easing expectations for US interest rate hikes. However, ETH faces strong resistance near $2,550, a le...
Ethereum surged about 5% to $2,508 on September 4, driven by easing US-Iran conflict concerns and reduced expectations for a Federal Reserve rate hike. Spot Ethereum ETFs in the US saw a sharp reversal with $141.39 million in inflows, led by BlackRoc...
An Ethereum whale sold 167,855 ETH worth about $408 million over five days, fully exiting its position. Despite this large sale, Ethereum's price recovered and traded above $2,500, gaining 4.3% in 24 hours. Meanwhile, Invesco ETF clients have continu...
