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.
Tom Lee defended the long-term value of Bitcoin and Ethereum, stating their core thesis is not broken despite recent underperformance compared to AI and software stocks. He highlighted the growing importance of crypto infrastructure in areas like aut...
Cryptocurrency markets show a general downward trend with major coins like Bitcoin dropping 4.09% to $69,184 and Ethereum falling 0.33% to $1,976.82. Other notable declines include XRP, BNB, and ADA, reflecting cautious investor sentiment. Some coins...
Ethereum fell below its key $2,000 support level, reaching a low near $1,963, driven by Bitcoin's drop below $70,000 for the first time in nearly two months. The decline was triggered by MicroStrategy's $2.5 million Bitcoin sale and record outflows f...
Ethereum has dropped to its lowest relative level against the Invesco QQQ Trust since January 2021, indicating it is underperforming the tech-heavy ETF. The ETH to QQQ ratio has fallen to around 2.66, a level not seen in over two years, signaling wea...
Bitcoin fell below $70,000 for the first time since April 7, dropping over 2% amid concerns triggered by Strategy's $2.5 million bitcoin sale, signaling potential further sell-offs. Ether also declined, while AI-related tokens like Humanity Protocol ...
