LMAX Group market strategist Joel Kruger said that the current Ethereum price trend is showing signs that it may be ending the multi-year decline compared to Bitcoin. "There are indications that Ethereum may finally be bottoming out after a long-term downtrend against Bitcoin," Kruger said in a market note on Monday. "We believe it is important to keep a close eye on the current monthly highs for the ETH/BTC exchange rate, and a breakout above and above the current monthly highs will help boost ...
According to the New York Times, billionaire and Airbnb co-founder Joe Gaibia is said to be involved in Musk's government plans.
"ETH appears to be trying to build some bullish momentum and could eventually rally above $3,000," said Joel Kruger, strategist at LMAX, in a note on Tuesday. "Sentiment towards the world's second-largest crypto asset is rising again as many medium- to long-term players step in to take advantage of the recent decline." In addition, cryptocurrency analysis firm 10x Research pointed out in a report that Ethereum's Relative Strength Index (RSI), a key technical indicator that measures momentum, fel...
In a bill introduced on Friday by Senator Joe Gruters, Republican of Florida, that would allow the state to invest in bitcoin and other cryptocurrencies, the senator proposed allowing Florida's chief financial officer to use public funds "to invest in bitcoin and other digital assets for a purpose", according to documents. Last October, Florida Chief Financial Officer Jimmy Patronis...
According to Cointelegraph, Ethereum co-founder Joe Lubin revealed that ETF issuers are actively preparing for a staked Ethereum ETF and are confident that it will be approved under the new SEC leadership. Lubin said that issuers are working hard to develop the best solutions for their customers to deal with the complexities associated with staking and penalty mechanisms, which will help increase the robustness of the ecosystem and customer diversity. At present, about 33.70 million ETH (worth a...
据Cointelegraph报道,以太坊联合创始人Joe Lubin透露,ETF发行机构正积极筹备质押型以太坊ETF,并有信心在新任SEC领导层下获得批准。Lubin表示,发行机构正努力为客户开发最佳解决方案,以应对质押和惩罚机制相关的复杂性,这将有助于提升生态系统的稳健性和客户多样性。 目前,约有3370万枚ETH(价值约1130亿美元)参与质押,占总供应量的28%。...
Magic Eden General Counsel Joe Doll recently said that David Sacks has only 2 years to push for pro-cryptocurrency policies before the 2026 U.S. midterm elections. The threat of a government stalemate could stifle regulation, and the current administration must push for pro-cryptocurrency policies while still controlling both houses of Congress. "The House majority is very slim, and it's very likely to flip, because the House almost always flips. So you could run into a divided government, in 2....
Theya Bitcoin analyst Joe Consorti pointed out in a post that the price change of Bitcoin usually lags the change of the global money supply by about two months (about 70 days). At present, the global money supply has decreased by about 4 trillion US dollars in recent weeks after hitting a record high of 108 trillion US dollars, indicating that the contraction of the money supply may have downward pressure on the price of Bitcoin, or mean that the price of Bitcoin may fall to 75,000 US dollars.
Joe Rubin, the CEO of Consensys, said that with Donald Trump re-elected as the 47th president of the United States, the ongoing legal battle between cryptocurrency companies and the U.S. securities regulator may gradually subside. "So my guess is that they will find a way to dismiss or settle cases or something like that in a way that is not embarrassing," he said. "Maybe not all cases, maybe not all elements of cases, but I think our industry will save hundreds of millions of dollars going forw...
On November 5 local time, Musk gave an exclusive interview to the well-known podcast Joe Rogan, and he responded to the rumors of Tesla making mobile phones: "Building mobile phones is not something we want to do, unless Apple and Google start doing some really bad things."