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"Crypto enthusiast | Exploring blockchain technology | Sharing insights and updates | Passionate about innovation and decentralization"
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GALA1.61%
ETH1.01%
BTC1.38%
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Ethereum's Institutional Interest May Lead to Supply Shock, Says Galaxy Digital CEO
Galaxy Digital CEO Michael Novogratz stated in an interview with CNBC that the growing institutional interest in Ethereum could lead to a supply shock, potentially allowing Ether to outperform Bitcoin in the next three to six months. Novogratz highlighted the limited supply of ETH as a factor that might contribute to its stronger performance compared to Bitcoin.
Additionally, Novogratz expressed his belief that Bitcoin could reach a price of $150,000.
#ETH# #BTC#
ETH1.01%
MAY2.03%
BTC1.38%
SIX2.47%
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Digital Currency Sector Strengthens in Chinese Stock Market
The digital currency sector in the Chinese stock market experienced a notable upswing. Dongxin Peace reached its daily limit, while Zhongke Jincai saw an increase of over 5%. Other companies such as Small Commodity City, Xincheng Technology, and Taiji Co. also followed with gains.
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Gate 2025 Mid-Year Community Gala
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GALA1.61%
ETH1.01%
BTC1.38%
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Xxx40xxxvip:
HODL Tight 💪
Strategic Partnership to Advance Web3 Banking in the U.S.
World Liberty Financial (WLFI) and Vaulta have announced a strategic partnership aimed at accelerating the adoption of Web3 banking in the United States. This collaboration will integrate Vaulta's native assets into WLFI's macro strategy reserves and incorporate WLFI's stablecoin USD1 into Vaulta's Web3 banking solutions, facilitating easier management, growth, and protection of assets within a decentralized ecosystem.
Zak Folkman, co-founder of World Liberty Financial, stated, "USD1 is rapidly becoming the preferred stablecoin for ins
A0.61%
USD10.02%
STEP-2.28%
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Ethereum May Outperform Bitcoin in Coming Months, Says Galaxy Digital CEO
Galaxy Digital CEO Michael Novogratz shared insights during an interview on the 'Squawk Box' program, suggesting that Ethereum has the potential to outperform Bitcoin in the next three to six months. #BTC # #ETH#
 
ETH1.01%
MAY2.03%
BTC1.38%
BOX1.74%
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Gate 2025 Mid-Year Community Gala
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GALA1.61%
ETH1.01%
BTC1.38%
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Gate 2025 Semi-Year Community Gala - Top Streamer Selection
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GALA1.61%
MORE-3.43%
ETH1.01%
BTC1.38%
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Public Firms' Ether Purchases Impact Market Dynamics
Ether (ETH) has recently shown signs of being overbought, yet the lack of a significant pullback indicates that bullish investors are not rushing to sell. SharpLink Gaming and BitMine Immersion Technologies have been actively acquiring Ether, aiming to become the largest public holders of the cryptocurrency. BitMine initially claimed the top position with 300,657 ETH, but SharpLink surpassed it following recent acquisitions, increasing its holdings to 360,807 ETH.
The ongoing Ether purchases by these public companies raise questions about p
ETH1.01%
NOT1.69%
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KatyPatyvip:
HODL Tight 💪
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Bitcoin's Bull Market Potential: Expert Predicts Significant Growth
Samson Mow, CEO of Bitcoin technology company Jan3, has expressed that the true bull market for Bitcoin has yet to commence. Mow anticipates that Bitcoin could rise significantly, potentially reaching between $500,000 and $1 million within the next 12 months.
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BTC1.38%
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Dormant Bitcoin Wallets Transfer Over $126 Million in BTC
Three Bitcoin wallets, potentially belonging to the same large holder, have recently transferred 10,606 BTC after being inactive for 3-5 years. These wallets received the Bitcoin on December 13, 2020, when the price of BTC was $18,807.
#BTC#
BTC1.38%
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KatyPatyvip:
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Blockchain Data Reveals Significant WBTC Sale
address 0x6e1 sold 138.5 WBTC on-chain four hours ago. The transaction, valued at approximately $16.33 million, was executed with a purchase price of $113,259 per WBTC and a selling price of $117,962.5 per WBTC, resulting in a profit of $651,000. Currently, this address has sold 83% of the position it established two weeks ago.
WBTC1.37%
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U.S. Treasury Secretary Calls for Internal Review of Federal Reserve
U.S. Treasury Secretary Besant has advocated for an internal review of the Federal Reserve. This initiative may become one of the institutional legacies left by Federal Reserve Chairman Powell.
MAY2.03%
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U.S. Tariff Revenue Expected to Significantly Impact GDP
U.S. Treasury Secretary Besent has announced that the revenue from tariffs is substantial, potentially accounting for 1% of the GDP. The annual tariff revenue is projected to reach $300 billion, with a possibility of accumulating $2.8 trillion over the next decade. By the first quarter of 2026, the GDP growth rate is expected to reach 3% or higher.
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Federal Reserve Open to New Ideas on Bank Capital Framework, Says Powell
Federal Reserve Chairman Jerome Powell stated that the Federal Reserve is a dynamic institution open to new ideas and feedback on improving the capital framework for large banks. Powell emphasized the importance of allowing large banks to compete freely, including with non-bank institutions and banks in other jurisdictions. In his remarks, Powell did not comment on the economic or monetary policy outlook.
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