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news-imageSeptember 25, 2024

Altcoins Over Bitcoin? Traders Shift to High-Reward Coins as Ethereum Recovers

TL;DR Shift to Altcoins: As Bitcoin stabilizes, traders are moving to high-reward altcoins, driven by Bitcoin's price stability and the potential for faster profits from smaller coins. Ethereum's Recovery: Ethereum is leading the altcoin resurgence with significant weekly revenues, boosting market dominance and encouraging investment in other promising altcoins.
Publisher: Crypto Economy
Sentiment: Positive
BTC
ETH

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Positive
cover-imageUToday
September 25, 2024

Bitcoin ETFs May Soon Surpass Satoshi Nakamoto

U.S. Bitcoin exchange-traded funds (ETFs) have recorded an impressive growth trajectory. In January, the products gained regulatory approval from the U.S. Securities and Exchange Commission (SEC), and since then, they have been accumulating Bitcoin nonstop.

Neutral
cover-imageCrypto news
September 25, 2024

Bitwise CIO: Ethereum ETFs came too early

Speaking at the European Blockchain Convention, Bitwise CIO Matt Hougan expressed confidence that spot Ethereum ETFs will succeed despite a slow start. Ethereum (ETH) exchange-traded funds may have launched too early, crypto.

Neutral
cover-imageCoindesk
September 25, 2024

Ethereum's Changing Landscape

For investors, ETH's future depends on how Ethereum balances innovation with maintaining healthy economic policy, says Matthew Kimmel, digital asset analyst, CoinShares.

Positive
cover-imageCrypto Economy
September 25, 2024

Revolutionary BitSNARK Protocol Brings Privacy and zk-SNARKs to Bitcoin for the First Time

TL;DR BitSNARK Launched: BitcoinOS Introduces Zero-Knowledge Verification Protocol to Improve Privacy in Bitcoin DeFi Innovations: BitSNARK works alongside Grail Bridge and Merkle Mesh to expand Bitcoin into decentralized applications and privacy technologies. Adoption challenges: Despite the advantages, the Bitcoin community is historically reluctant to changes that could complicate the protocol.

Negative
cover-imageUToday
September 25, 2024

'World Doesn't Need Bitcoin,' Says Schiff

In response to a pro-Bitcoin investors' statement, prominent Bitcoin critic and gold advocate Peter Schiff expressed his opinions on the cryptocurrency's lack of usefulness. Without Bitcoin, the investor stressed, people are losing out on a major opportunity.

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