Bitwise’s Matt Hougan said the idea that US politicians are even considering Bitcoin as a reserve asset is a monumental step given it felt more like a “daydream” a year ago. Source: https://cointelegraph.com/news/bitwise-investment-chief-crypto-market-still-isnt-bullish-enough?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: August 2024
Ethereum ETFs could reach $10B AUM in first year: Sygnum Bank
“When the net flows turn positive and accelerate, this will be a strong driver for the price of Ether,” said Katalin Tischhauser, Head of Investment Research at Sygnum Bank. Source: https://cointelegraph.com/news/ethereum-etfs-could-reach-10b-aum-in-first-year-sygnum-bank?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Meta burns another $4.5B on metaverse in Q2, preps for AI growth
Meta’s share price popped 7% in after-hours trading following a better-than-expected Q2 earnings call. Source: https://cointelegraph.com/news/meta-q2-earnings-call-billions-metaverse-reality-labs-ai-growth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound