Bitcoin’s Summer Holiday

Hopes of a breakout for BTC from the $60K range were raised and then dashed last week. Today’s market overview outlines exactly why crypto’s top asset was unable to maintain momentum and what - if anything - could move the needle during what is traditionally a pretty low-key month for markets.

Meanwhile, the AI trade is facing two major bottlenecks: memory and energy. Below, we explore why these two sectors are struggling to keep up with demand and how one corner of the crypto industry has been reinvigorated as a result.

❓ ETH > BTC? ❓

It appears that Wall Street is starting to cool on Bitcoin, with attention now shifting towards Ethereum. The reason why can be summed up in one word: yield. Big money allocators want their investments to generate passive income, especially when the assets in question are so notoriously volatile, and the ability to stake ETH and earn that yield is proving to be a big draw. BTC, as we all know, offers no such thing.

In today’s video, we look at how Wall Street titans are getting ETH exposure, which firms in particular are going in heavy and what this apparent shift in preference means for the future of institutional crypto allocation. Plus, we reveal the proposed change to Ethereum that could flip the whole rotation back in the other direction.