Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows
September’s counter-seasonal price trend has already started to show signs of this divergence trend helping BTC.
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Analysis
September’s counter-seasonal price trend has already started to show signs of this divergence trend helping BTC.
Analysts suggest the ETH/BTC ratio might drop further, potentially to the 0.02-0.03 range, unless there’s a significant change in investor sentiment or regulatory clarity that might favor riskier assets.
Here’s how to listen to Thursday’s hearing in the closely watched federal court case over political prediction markets, and why it matters.
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BlackRock and other funds have collected billions of dollars worth of inflows for their Ethereum products. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though.
Wednesday’s Crypto4Harris town hall showed Democrats are finally engaged with the industry. Still, it’s not clear what Harris thinks about crypto, or would do about it if elected.
The digital assets industry is now a full-blown political issue, and Wall Street firms with crypto exposure are staying cautious ahead of November’s U.S. election. Whether the next election will result in Donald Trump or Kamala Harris occupying the Oval Office for the next four years, one thing Wall Street firms agree on is that either nominee will bring crypto regulation forward.
A Crypto4Harris town hall tonight aims to show the strength of Democrat commitment on digital assets.
U.S. vice president Kamala Harris (Andrew Harnik/Getty Images)
It was more than two years before Bitcoin’s birth when Dr. Herbert Semler, who served as a flight surgeon in the Korean War before leading cardiology at a Portland hospital, co-founded Semler Scientific in 2007.Seventeen years later, the medical device manufacturer has converted much of its cash holdings to bitcoin and aims to buy a lot more.