“Client interest [is] concentrated more heavily onto the two main crypto assets, BTC and ETH,” analysts at data provider VandaTrack wrote, according to the newspaper. ETH stands for ether, the native cryptocurrency of the Ethereum blockchain. ”This matters because, as more institutions await the first results of the White House executive order on crypto regulation and the ETH merge to ETH 2.0, current price behavior will continue to be driven by TradFi assets.” (ETH 2.0 is shorthand for a planned upgrade of the Ethereum network, and “TradFi” is crypto-industry jargon for “traditional finance.” The old world, as it were.)
Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It
