Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?Ethereum’s latest slide has revived debate over who’s really supporting the market, with some claiming South Korea’s “seohak gaemie” traders, are what's keeping ETH treasury firms alive.
Happy Monday!South Korean retail traders may be the unexpected backbone keeping Ethereum treasury companies afloat amid recent market weakness, while in Europe, Germany’s potential reversal on the EU Chat Control has privacy advocates on edge over encrypted messaging rights. Meanwhile, Morgan Stanley’s latest guidance could channel as much as $80 billion into Bitcoin, treating it as digital gold in growth portfolios. Stay informed with these key developments. The global crypto market cap is $4.29 trillion, with a 24-hour volume of $180.99 billion. The price of Bitcoin is $125,271.90, and BTC market dominance is 58.2%. The price of Ethereum is $4,679.51, and ETH market dominance is 13.2%. The best-performing sector is DeFAI, which gained 85%. The Crypto Fear & Greed Index is currently Greed (71). 📰 Top News
Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?Ethereum’s latest slide has revived debate over who’s really supporting the market, with some claiming South Korea’s “seohak gaemie” traders, not institutions, are what’s keeping ETH treasury firms alive. The end of privacy in Europe? Germany’s shift on EU Chat Control raises alarmGermany’s possible U-turn on the EU Chat Control proposal is alarming privacy advocates. Signal messaging app warns this could mark the end of encrypted privacy rights in Europe. Morgan Stanley’s new investment guidance could channel up to $80B into BitcoinMorgan Stanley now likens Bitcoin to digital gold and advises up to 4% allocation for growth portfolios. More NewsAre You Missing Signals That Don’t Make the News?Sign up for the free Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha. What is CryptoSlate?CryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
|
