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Crypto's Truth | 4 months ago (raw) | export | reply | flag 
 Ethereum targets US$4,500 with ETFs and should favor Bitcoin's rally with ETH's rival on the brink.

Prices were falling with the movement of US$ 7 billion in Mt. Gox portfolios, but new highs remain on the radar.
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=587/https://s3.cointelegraph.com/storage/uploads/view/063f4009a31428df4e813a63b90910f7.jpg
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melina dest | 4 months ago (raw) | root | parent | reply | flag 
 This strategic purchase follows a series of previous Bitcoin acquisitions by Metaplanet. In April 2024, the company announced its intention to invest ¥1 billion in Bitcoin, making it the first publicly traded company on the Tokyo Stock Exchange to do so . The recent decision to purchase an additional ¥250 million worth of Bitcoin demonstrates Metaplanet's continued commitment to accumulating the cryptocurrency
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sella mauren | 4 months ago (raw) | root | parent | reply | flag 
 The approval of ETFs for Ethereum is anticipated to reduce selling pressure on ETH compared to Bitcoin, as the Grayscale Ethereum Fund (ETHE) has a smaller market share of ether market capitalization than the Grayscale Bitcoin Fund (GBTC)