Monday, June 23, 2025
Coin Insights
No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    Matt Furie NFTs Crater 97% After Mint Exploit

    Matt Furie NFTs Crater 97% After Mint Exploit

    Rekt Is Reaching the Masses

    Rekt Is Reaching the Masses

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

  • Gaming
    B3’s Self-Destruct PC, Avalanche Battle Pass

    B3’s Self-Destruct PC, Avalanche Battle Pass

    7 Classic Video Games That Defined Their Consoles

    7 Classic Video Games That Defined Their Consoles

    How ‘MapleStory N’ Is Fighting Back Against Thousands of Hackers

    How ‘MapleStory N’ Is Fighting Back Against Thousands of Hackers

    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Crypto Casinos Made Over $80 Billion in 2024

    Crypto Casinos Made Over $80 Billion in 2024

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    A16z-backed Spekter Games founder shares Telegram gaming ethos

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

  • Metaverse
    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    Council of Europe Highlights Metaverse's Impact on Privacy and Democracy

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

    Carrieverse and Disney Ink Content Deal

    Carrieverse and Disney Ink Content Deal

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

    Somnia Launches Playground App to Empower Metaverse Creators

    Somnia Launches Playground App to Empower Metaverse Creators

  • NFT
    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

    Matt Furie NFTs Crater 97% After Mint Exploit

    Matt Furie NFTs Crater 97% After Mint Exploit

    Rekt Is Reaching the Masses

    Rekt Is Reaching the Masses

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    FC Barcelona unveils Barca Pass crypto wallet, NFT avatars

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Guild of Guardians Leads Despite Dip as SuperRare and Panini Skyrocket

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    Official Hyperliquid NFTs Hit All-Time High of $65,000 on OTC Desks

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFTs Weekly Sales Surge 24% to $142M, Guild of Guardians & Immutable Dominate in Sales

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    NFT sales pump 37% to $144.8m, Immutable dethrones Ethereum

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

    Pudgy Penguins Joins Lufthansa for Real Travel Rewards

  • Gaming
    B3’s Self-Destruct PC, Avalanche Battle Pass

    B3’s Self-Destruct PC, Avalanche Battle Pass

    7 Classic Video Games That Defined Their Consoles

    7 Classic Video Games That Defined Their Consoles

    How ‘MapleStory N’ Is Fighting Back Against Thousands of Hackers

    How ‘MapleStory N’ Is Fighting Back Against Thousands of Hackers

    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

    Animoca Brands partners with Cross the Ages to support the launch of blockchain game

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    IN-Match3 Joins Forces with Adventure Layer to Scale GameFi, Boost Accessibility & Profitability

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Civitas Migrates to Immutable zkEVM to Power Low-Cost, Scalable Web3 Gaming & Web3 Network Growth

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Doodles NFT Sticker Launch on Telegram Sells Out in 24 Hours

    Crypto Casinos Made Over $80 Billion in 2024

    Crypto Casinos Made Over $80 Billion in 2024

    A16z-backed Spekter Games founder shares Telegram gaming ethos

    A16z-backed Spekter Games founder shares Telegram gaming ethos

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

    SoonVerse Partners with Arris to Enhance User Experience

    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

    UAE emirate launches new free zone for digital assets, Web3 and AI

    UAE emirate launches new free zone for digital assets, Web3 and AI

  • Guides
    What Does DCA Mean in Crypto? A Simple Breakdown – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

    A Step-by-Step Guide for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    What Is Asset Tokenization? Types, Why It Matters Now [2025]

    Key Innovations, Challenges, and What Comes Next

    Key Innovations, Challenges, and What Comes Next

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
No Result
View All Result
Coin Insights
No Result
View All Result
Home Ethereum

‘Quick to look past Ethereum,’ Bitwise CIO rues – Here’s why

September 19, 2024
in Ethereum
13
Bitcoin ETF outflows cross $288M amidst Labor Day’s ‘risk-off mode’
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter
Avatar

Journalist

Posted: September 19, 2024

  • ETH’s underperformance has dropped to a multi-year low. 
  • Bitwise’s executive remains confident about ETH’s price reversal.

Ethereum’s [ETH] relative valuation to Bitcoin [BTC] elicited market concerns earlier this week, as the ETH/BTC pair broke below 0.04 for the first time in nearly four years.

The pair tracks ETH’s valuation relative to BTC, and its multi-year downtrend marked the altcoins’ worrying underperformance. 

In fact, ETH has erased its yearly gains. But BTC was up 40%, and Solana [SOL], ETH’s main competitor, was up 18% year-to-date.  

ETH’s moment will come…

However, the digital asset manager Bitwise was confident of ETH’s bullish price reversal in the long run. Bitwise CIO Matt Hougan made a contrarian bet on ETH, highlighting potential recovery after the U.S. elections.

Part of his recent note to investors read, 

“I think people are too quick to look past Ethereum and the real-world success we’re already seeing in its ecosystem.” 

Hougan cited the prediction site Polymarket, massive stablecoin, and DeFi space as top bullish cues for the altcoin. Besides, the increasing institutional interest from BlackRock and the rest was also great for ETH’s value. 

He added that extra regulatory clarity on DeFi space could boost the altcoin, especially after the U.S. elections. He noted, 

“I suspect the market may reevaluate Ethereum as we get closer to the November elections and any regulatory clarity that emerges. For now, it looks like a potential contrarian bet through the end of the year.” 

ETH’s current woes

Market pundits have cited several reasons for ETH’s relative poor performance to BTC.

See also  How to Earn Bitcoin or Ethereum by Playing Bling Mobile Games

Coinbase’s Head of Institutional Research, David Duong, linked most of the current muted price to the market structure typically marked by slow market activity due to summer. 

However, the poor performance of U.S. spot ETH ETFs has also been cited as a catalyst for weak ETH sentiment.

Unlike its U.S. BTC ETFs, the ETH products have seen net negative flows of $606 million since launched in July. 

According to Hougan, regulatory uncertainty has also weighed on ETH, especially ahead of the U.S. elections with no potential clear presidential winner. 

He added that the community’s concern over ETH’s tokenomics also contributed to its current woes.

For context, ETH revenue has fallen to a four-year low after scaling allowed L2s to attract most of the volume from the L1 base layer. This has caused concerns amongst users, noted Hougan. 

“Many wonder if Ethereum has shot itself in the foot by scaling away from the foundational Layer 1 blockchain.” 

In the meantime, ETH/BTC was on the verge of breaking below its multi-year descending channel.

That said, market analyst Benjamin Cowen projected that ETH/BTC could bottom by the end of the year. At the time of writing, ETH was valued at $2.3K, down 43% from its March highs of $4K. 

Ethereum

Source: ETH/BTC, TradingView

Previous: Bittensor’s open interest nears ATH — Is a TAO bullish rally ahead?
Next: Bitcoin Fear and Greed Index fuels fears of BTC’s price drop

READ ALSO

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

Avatar

See also  Crypto Analyst Sets $7,000 Target For Ethereum Price — Here's How

Journalist

Posted: September 19, 2024

  • ETH’s underperformance has dropped to a multi-year low. 
  • Bitwise’s executive remains confident about ETH’s price reversal.

Ethereum’s [ETH] relative valuation to Bitcoin [BTC] elicited market concerns earlier this week, as the ETH/BTC pair broke below 0.04 for the first time in nearly four years.

The pair tracks ETH’s valuation relative to BTC, and its multi-year downtrend marked the altcoins’ worrying underperformance. 

In fact, ETH has erased its yearly gains. But BTC was up 40%, and Solana [SOL], ETH’s main competitor, was up 18% year-to-date.  

ETH’s moment will come…

However, the digital asset manager Bitwise was confident of ETH’s bullish price reversal in the long run. Bitwise CIO Matt Hougan made a contrarian bet on ETH, highlighting potential recovery after the U.S. elections.

Part of his recent note to investors read, 

“I think people are too quick to look past Ethereum and the real-world success we’re already seeing in its ecosystem.” 

Hougan cited the prediction site Polymarket, massive stablecoin, and DeFi space as top bullish cues for the altcoin. Besides, the increasing institutional interest from BlackRock and the rest was also great for ETH’s value. 

He added that extra regulatory clarity on DeFi space could boost the altcoin, especially after the U.S. elections. He noted, 

“I suspect the market may reevaluate Ethereum as we get closer to the November elections and any regulatory clarity that emerges. For now, it looks like a potential contrarian bet through the end of the year.” 

ETH’s current woes

Market pundits have cited several reasons for ETH’s relative poor performance to BTC.

See also  Ethereum Ready To Turn On Staked ETH Withdrawals In 2 Days

Coinbase’s Head of Institutional Research, David Duong, linked most of the current muted price to the market structure typically marked by slow market activity due to summer. 

However, the poor performance of U.S. spot ETH ETFs has also been cited as a catalyst for weak ETH sentiment.

Unlike its U.S. BTC ETFs, the ETH products have seen net negative flows of $606 million since launched in July. 

According to Hougan, regulatory uncertainty has also weighed on ETH, especially ahead of the U.S. elections with no potential clear presidential winner. 

He added that the community’s concern over ETH’s tokenomics also contributed to its current woes.

For context, ETH revenue has fallen to a four-year low after scaling allowed L2s to attract most of the volume from the L1 base layer. This has caused concerns amongst users, noted Hougan. 

“Many wonder if Ethereum has shot itself in the foot by scaling away from the foundational Layer 1 blockchain.” 

In the meantime, ETH/BTC was on the verge of breaking below its multi-year descending channel.

That said, market analyst Benjamin Cowen projected that ETH/BTC could bottom by the end of the year. At the time of writing, ETH was valued at $2.3K, down 43% from its March highs of $4K. 

Ethereum

Source: ETH/BTC, TradingView

Previous: Bittensor’s open interest nears ATH — Is a TAO bullish rally ahead?
Next: Bitcoin Fear and Greed Index fuels fears of BTC’s price drop
Tags: BitwiseCIOEthereumHeresquickrues

Related Posts

Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

May 17, 2025
Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K
Ethereum

Binance loses 300K ETH – Here’s what it means for bulls eyeing $2.7K

May 17, 2025
Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details

May 16, 2025
Ethereum rallies, Bitcoin stalls: Is capital rotation reshaping the crypto landscape?
Ethereum

Ethereum rallies, Bitcoin stalls: Is capital rotation reshaping the crypto landscape?

May 16, 2025
Ethereum Gained 160% The Last Time This On-Chain Indicator Flashed – Will ETH Soar Again?
Ethereum

Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH

May 16, 2025
Blockchain-focused BTCS Inc. to raise $57.8M for Ethereum buys – Impact on ETH?
Ethereum

Blockchain-focused BTCS Inc. to raise $57.8M for Ethereum buys – Impact on ETH?

May 16, 2025
Next Post
How to Create Instantly Tradeable Memecoins on TON

How to Create Instantly Tradeable Memecoins on TON

Comments 13

  1. DouglasKed says:
    9 months ago

    https://www.junior-vinicius-cz.biz

    last news about junior vinicius
    http://www.junior-vinicius-cz.biz

    Reply
  2. Ronaldbiott says:
    9 months ago

    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz

    last news about griezmann antoine

    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz
    griezmannantoine-cz.biz

    Reply
  3. Bryonfluem says:
    9 months ago

    https://www.kaneharrycz.biz

    last news about kane harry
    https://kaneharrycz.biz

    Reply
  4. Husam Orabi says:
    9 months ago

    Hello,

    I am Husam Orabi, Qatari Investors Group’s chief business development and delivery officer. We offer loans and credit facilities at a small interest rate for ten years and a moratorium of up to two years.
    We also finance profit-oriented projects and businesses. We understand that each business is unique, so let us know what you need for your business, and we will tailor our financing to suit your specific requirements.

    Regards,

    Husam Orabi
    CHIEF BUSINESS DEVELOPMENT & DELIVERY OFFICER

    Mobile: +971524239312
    Whatsapp: +971524239312
    husam@qatarinvestors-group.com

    Reply
  5. Myrontrigo says:
    9 months ago

    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz

    last news about bernardo silva

    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz
    bernardosilvacz.biz

    Reply
  6. DerrickGog says:
    9 months ago

    harry-kane-cz.biz

    last news about harry kane
    http://harry-kane-cz.biz

    Reply
  7. wa1xj says:
    2 weeks ago

    clomiphene challenge test protocol can i get generic clomiphene without rx how to get cheap clomiphene without prescription cost cheap clomid without a prescription where buy generic clomid pill how can i get cheap clomid price cost of generic clomiphene without rx

    Reply
  8. cheap female cialis says:
    2 weeks ago

    More articles like this would remedy the blogosphere richer.

    Reply
  9. flagyl and headaches says:
    2 weeks ago

    I couldn’t weather commenting. Warmly written!

    Reply
  10. 0bsao says:
    1 week ago

    order zithromax 250mg for sale – purchase sumycin pill metronidazole 200mg for sale

    Reply
  11. dnm67 says:
    1 week ago

    buy semaglutide 14mg pills – order semaglutide 14mg buy generic cyproheptadine 4 mg

    Reply
  12. 3da27 says:
    7 days ago

    order domperidone pill – order generic flexeril order cyclobenzaprine online

    Reply
  13. l7j0p says:
    5 days ago

    order inderal 20mg sale – methotrexate online buy order methotrexate pills

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

Memecoin Project Obama6900 (OBX) Joins the Fight Against Malaria with Long-Lasting Insecticidal Nets (LLINs)

October 28, 2023
Tezos 2023 Outlook: An Overview of Tezos (XTZ)

Tezos 2023 Outlook: An Overview of Tezos (XTZ)

November 2, 2023
UK risks regulating NFTs the wrong way, says Mintable CEO

UK risks regulating NFTs the wrong way, says Mintable CEO

October 30, 2023
Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

August 3, 2024
How to Earn Keys to Boost Your HMSTR Airdrop

How to Earn Keys to Boost Your HMSTR Airdrop

September 10, 2024

Don't miss a single story

Subscribe to our free Newsletter

EDITOR'S PICK

Binance Labs invests in seven startups, including Ethena and Derivio, from its incubation season 6

Binance Labs invests in seven startups, including Ethena and Derivio, from its incubation season 6

March 8, 2024
With Bitcoin down 12% in a month, is this the best time to buy BTC?

With Bitcoin down 12% in a month, is this the best time to buy BTC?

June 27, 2024
How MITH brought Jack Harlow fans to the blockchain

How MITH brought Jack Harlow fans to the blockchain

December 7, 2023
Ethereum tracks 2016 pattern: Will Q4 bring a price decline for ETH?

Ethereum tracks 2016 pattern: Will Q4 bring a price decline for ETH?

October 2, 2024

About

Dive into the world of cryptocurrency. Our news site offers insights, trends, and updates to guide your journey into the realm of digital finance.

Follow us

Categories

  • AI
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • DeFi
  • Ethereum
  • Gaming
  • Guides
  • Metaverse
  • Mining
  • NFT
  • Other
  • Web 3

Recent Posts

  • B3’s Self-Destruct PC, Avalanche Battle Pass
  • 7 Classic Video Games That Defined Their Consoles
  • Russia Predicted to Emerge as the Second Global Bitcoin Mining Power

Newsletter

Don't miss a single story

Subscribe to our free Newsletter

  • Contact
  • Disclosure
  • Privacy Policy
  • Terms & conditions

© 2023 Coininsights.com - All rights reserved.

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
  • Metaverse
  • NFT
  • Gaming
  • Blockchain
  • AI
  • Guides
  • Analysis
  • Coin Marketcaps

© 2023 Coininsights.com - All rights reserved.