3 reasons why Ethereum price has lagged behind Bitcoin in 2024

Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years. 708 Total views 52 Total shares Crypto investors found cause for celebration on July 14 as the market experienced a positive trading session just one day after the Consumer Price Index (CPI) posted a June print…

The European Union’s finance commissioner Valdis Dombrovskis has pledged to propose new rules to regulate cryptocurrencies such as Facebook’s Libra.As Reuters reports, speaking before EU lawmakers on Oct. 8, Dombrovskis stated:“Europe needs a common approach on crypto-assets such as Libra. I intend to propose new legislation on this.”Dombrovskis’s roleHaving served as Latvia’s prime minister and…

Ethereum’s next big upgrade, Shanghai, is on the horizon for March. The Shanghai hard fork will implement further improvement proposals for the Ethereum network as well as enable Ether (ETH) stakers and validators to withdraw their assets from the Beacon Chain.At the time of writing, staked ETH represents approximately 14% of the total supply, or…

Bitcoin (BTC) stayed choppy at the April 28 Wall Street open while United States macro data conformed to expectations.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewPCE offers "nothing to shock"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fluctuating around the $29,000 mark on Bitstamp.U.S. Personal Consumption Expenditures (PCE) Index data, tipped as the macro event…

2022 saw the continued rise of disruptive blockchain-centric concepts such as decentralized finance, GameFi, nonfungible tokens and Web3. Notably, some of the related projects that thrived in 2022 were headed by women, which is a good indicator of progress in an otherwise male-dominated sector. The increased involvement of women in the cryptocurrency field signals growing inclusivity…

Bitcoin (BTC) and other bulls will not benefit from a major change in United States inflation policy in 2023, one analyst says.In a Twitter thread on Dec. 20, Jim Bianco, head of institutional research firm Bianco Research, said that the Federal Reserve would not “pivot” on rate hikes next year.Bianco: Japan YCC move "matters for…

The cryptocurrency exchange received “in-principle” approval to begin operations in Kazakhstan at the Astana International Financial Centre. 167 Total views 24 Total shares Cryptocurrency exchange Bybit continues the expansion of its operations after receiving “in-principle” approval from regulators in Kazakhstan. On May 29, the exchange announced its pre-approval from Kazakhstan’s Astana Financial Services Authority (AFSA) to…