In a recent report by market intelligence firm Glassnode, it was pointed out that Ethereum (ETH) has not been performing as well as Bitcoin (BTC) because there has not been a significant increase in capital from new investors. Glassnode highlighted that the approval of spot Bitcoin exchange-traded funds (ETFs) played a crucial role in this discrepancy.
Analyzing the Performance Dip of Ethereum (ETH) Compared to Bitcoin (BTC): Insights from Glassnode
by Giorgi Kostiuk
a year ago
0
Other news
Allegations of 300 Trillion PYUSD Minted on Ethereum
Unconfirmed reports suggest that 300 trillion worth of PayPal's stablecoin, PYUSD, has been printed on the Ethereum network.
Whales Move Large Amounts of Assets to Centralized Exchanges
Whales have moved large amounts of assets to centralized exchanges, indicating potential selling pressure.
Ethereum Foundation Makes Strategic Deposit into Morphos Vaults
The Ethereum Foundation has deposited 2,400 ETH and approximately 6 million in stablecoins into Morphos yield-bearing vaults as part of its treasury diversification strategy.
Ethereum Foundation Updates Treasury Policy for Long-term Sustainability
The Ethereum Foundation has updated its treasury policy to maintain 25 years of operational reserves, equating to roughly 15% of total assets annually.
SEI and XPL Coins Show Potential for Growth
Analysts suggest SEI and XPL coins may present good buying opportunities amid market chaos. Insights indicate potential for growth as investors look for long-term gains.
Ripple USD Proves Resilient as $19 Billion Crypto Liquidation Shakes Markets
Ripple USD (RLUSD) has shown remarkable resilience by maintaining its dollar peg during a tumultuous period in the crypto market, where over $19 billion in leveraged positions were liquidated on October 10, 2023.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter