Two Prime Ditches Ethereum for Bitcoin, Citing ‘Meme Coin’ Behavior
The algorithmic trading firm announced that it is dropping all exposure to Ethereum, calling it “statistically broken.”
Original source
Read on DecryptRelated market context
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
Bitcoin, XRP spot ETFs see inflows while Ethereum records outflows on June 12
Bitcoin and XRP ETF inflows suggest cautious optimism, while Ethereum's outflows highlight potential liquidity and investor confid...
Bitcoin rises above $64,000 after Pakistan prime minister says Iran peace deal is near
Bitcoin traded above $64,000 on Saturday, supported by its strongest ETF inflows in a month and growing optimism around geopolitic...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Coinbase: Gold and Silver Futures Now Trade 24/7 in the US
Coinbase CEO Brian Armstrong announced on June 13 that gold and silver futures are now trading around the clock in the United Stat...
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...