- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Analyst: Ethereum’s rise marks the beginning of a blockchain financial services cycle
Odaily News Bernstein analysts said Ethereum (ETH) will continue to receive strong investment attention as financial markets continue to pay more attention to stablecoins and asset tokenization. The report pointed out that institutions such as BlackRock will promote the inclusion of ETH in investment portfolios, while banks and fintech companies will also purchase ETH to pay for network transaction fees.
Analysts said: With the signing of the GENIUS Act by the US President, stablecoins have become legal digital cash. As the main infrastructure of stablecoins, Ethereum is ushering in its highlight moment - ETH has risen by about 45% in the past two weeks. They further pointed out that this marks the beginning of a blockchain financial services cycle, rather than the traditional crypto boom-crash cycle. (The Block)
You may also like
Gainers
Latest Crypto News
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>The Nasdaq turned down by 0.2% intraday, while <i>crypto-related</i> stocks across the board were hit hard.</span>
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App