Bitwise CEO: Ethereum's true competitors are Web2 and traditional finance, not Bitcoin
BlockBeats News, July 14th, Bitwise CEO Hunter Horsley stated, "Ethereum is not competing with Bitcoin. Its real competitors are Web 2.0 and traditional financial services software."
In the next 6 to 12 months, the crypto market will move beyond the 'CoinMarketCap era,' which is the mindset that views each cryptocurrency as simply having a different market cap, with everything else being the same.
We will begin to realize that the opportunities between different blockchains are diverse, much like 'apps on the iPhone.' Even though the underlying technology is similar, their purposes and commercial potential are vastly different."
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The probability of a 25 basis points interest rate cut by the Federal Reserve in December has risen to 71.3%, reigniting speculation about a rate cut.
There will be no CPI release in October, and the November CPI will be published on December 18th.
Analysis: Watch out for the $82,000 Long Line of Defense. If breached, market makers will sell spot to hedge, leading to accelerated downside pressure.
Mainstream Perp DEX Protocol Revenue Surge: Hyperliquid Leads with $4.24M in 24-hour Revenue
<span>El Nasdaq bajó un 0,2% dentro del día, mientras que las stock <i>relacionadas con criptomonedas</i> fueron duramente afectadas.</span>
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