ETHBTC At this point ETH is severely undervalued - 7+ Months of consolidation... this will skyrocket. It's the second biggest crypto asset by market Cap and the only other crypto asset with an ETF in the US. Imagine what the reversal will look like when portfolios are rebalanced in the institutional space. Given that BTC is approaching 100K, this will happen sooner than you think.
BTCUSDT Vitalik said at the Bangkok Devcon2024 that the future of Ethereum includes: Upgrades to decentralization, censorship resistance, quantum resistance; progressive upgrades to efficiency and scale; upgrades to DAs enable 100k+ TPs on L2; scaled enough that a wide variety of application are possible: ENS, consumer payments, social, "mixedfinancial + non-financia".
BTCUSDT The U.S. SEC has again delayed its decision on whether to approve spot Ethereum ETF options, saying it needs more analysis and public opinion. The delay involves Bitwise and Grayscale's options proposals, while also considering whether BlackRock iShares Ethereum Trust (ETHA) can list options
BTCUSDT Vitalik published an article titled "From prediction markets to info finance", stating that one of the Ethereum applications that excites him most is the prediction market. He has been a close supporter and follower of Polymarket, which provides a gambling site for participants and a news site for everyone else. Information finance solves the trust problem that people actually have and has a scalable blockchain as its foundation.
BTCUSDT BlackRock IBIT had just seen its largest trading volume ever, with a trading volume of $4.1 billion, which is larger than the trading volume of stocks such as Berkshire, Netflix or Visa today.
BTCUSDT On November 6, Bitcoin spot ETFs had a total net inflow of $622 million. Fidelity ETF FBTC had an inflow of $309 million. Ethereum spot ETFs had a total net inflow of $52.2884 million. Bitcoin spot ETFs had a total daily turnover of $6.07 billion, the highest since March 15. BlackRock ETF IBIT had a daily turnover of $4.14 billion, a record high
ETHBTC At this point ETH is severely undervalued - 7+ Months of consolidation... this will skyrocket. It's the second biggest crypto asset by market Cap and the only other crypto asset with an ETF in the US. Imagine what the reversal will look like when portfolios are rebalanced in the institutional space. Given that BTC is approaching 100K, this will happen sooner than you think.
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