VanEck CEO, Jan van Eck, has told Fox News that ETH is the “Wall Street token” and that it underpins emerging stablecoin-based payments rails. Every financial institution will need either Ethereum or EVM-compatible blockchain tech in the next 12 months to not miss out on the benefits of this stablecoinContinue Reading

Prediction markets are considered ineffective for hedging because they lack interest-bearing features. Polymarket’s July trading volume dropped to US$1.06B (AU$1.63B). Automated traders exploited inefficiencies and earned over US$40M (AU$61.7M) in profits. Ethereum co-founder Vitalik Buterin has said that most prediction markets are not suitable for hedging because they do notContinue Reading

Bitcoin has plummeted nearly 9% from its all-time high of US$124,457 reached on 14 August, now trading at approximately US$112,733. Major cryptocurrencies including Ethereum, XRP and Solana have all suffered significant losses of 7-8% over the past week. Institutional investors are hedging their bets with massive ETF liquidations, including US$925.7Continue Reading

The Federal Reserve’s latest minutes reveal a rare split decision, with Governors Christopher Waller and Michelle Bowman dissenting from the majority by advocating for a 25 basis-point rate cut. Despite the Fed’s cautious stance, Bitcoin and Ethereum shrugged off an initial dip, with Ethereum heavily outperforming BTC and regaining aContinue Reading

According to Google Trends, search interest for “altcoin” and “Ethereum” has hit multi-year highs, with altcoin searches at a five-year peak and Ethereum searches at a two-year peak. This surge in retail interest coincides with a dip in Bitcoin’s dominance, which has historically signaled the start of a broader altcoinContinue Reading

Ethereum’s price has surged by 60% in the last month, reaching its highest level since late 2021 and outperforming Bitcoin year-to-date. Fundstrat, a market research firm, has named Ethereum the “biggest macro trade” for the next decade, with its research head projecting a price of $12,000 to $15,000 by theContinue Reading