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Amidst the downturn, ETH has been notably impacted, with its performance in USD underwhelming compared to other assets throughout the year..
Share link:In this post: ETF investors see the vehicle as an essential tool to building robust portfolios. Millennials are the most likely cohort to choose crypto ETF, while also looking for other personalized investments. More ETF buyers are interested in crypto-based funds compared to the 2023 survey by Charles Schwab.
Share link:In this post: A capital markets commentary mentioned that a 50 basis point rate cut by the Federal Reserve would be unlikely again this year. The commentary, The Kobeissi Letter, also explained that the previous Fed interest rate cut was too aggressive. The Federal Reserve initiated a 50 basis point interest rate cut on September 18, the first rate cut in four years.
- 10:54A certain whale has reduced its holdings by 188.1 billion PEPE in the past hour, resulting in a loss of 2.63 million US dollarsAccording to ai_9684xtpa monitoring, "ETH High Win Rate Band Elder Brother" has reduced his position in PEPE, which was established three months ago, by 188.1 billion in the past hour, resulting in a loss of 2.63 million US dollars. This portion of $PEPE was purchased at an average price of 0.00002357 US dollars in December 2024 and sold at a price of 0.000009593 US dollars this time, resulting in a loss of 59.3%.
- 10:34100 million USDT was transferred from CEX to AaveAccording to Whale Alert monitoring, about 3 minutes ago, 100 million USDT was transferred from CEX to Aave.
- 10:32SOL Foundation: The application scenario of PayFi is the white whale of the encryption industry, and tokens will never truly disappear as long as they have a communityLiu Yuanli, the chairman of the Solana Foundation, stated at the Consensus Hong Kong conference that PayFi's application scenario is huge and it is a "White Whale" in the crypto industry. If every blockchain aims to become global financial infrastructure, then these technologies are stacked up and the core goal of the industry is to build a financial layer so that all 5.5 billion internet users can use it. Once a token has a community, it means it will not truly disappear. For example, Ethereum Classic or projects like Bitcoin Gold and Bitcoin Diamond which are rarely mentioned still have huge market values because of their community size and longevity. PayFi's vision is to make payments in economic behavior, i.e., exchange tokens for services, which has not yet been fully realized.