According to CoinDesk, by Tuesday, the wait time in the Ethereum validator exit queue reached a record for more than a year. This indicates the desire of stakeholders to withdraw funds as soon as possible after the significant rise in ETH prices.
According to the Financial Times, JPMorgan Chase could start offering loans backed by cryptocurrency holdings, such as Bitcoin and Ethereum, as early as next year. This move comes as Bank of America and other major financial institutions actively work on developing stablecoins.
Cryptopolitan reports a significant shift in the cryptocurrency market as institutional investors increasingly favor Ethereum and Solana over Bitcoin. This trend stems from new investment products that facilitate institutional cryptocurrency purchases.
Ethereum's price has surged over 25% in the past week, approaching $3,755, as CoinDesk analysts attribute the rally to high short interest and potential liquidations.
According to CoinGecko, the global cryptocurrency market capitalization surged past $4 trillion on Friday, marking a significant milestone in the asset class's evolution from niche to mainstream in the financial ecosystem.
The AUD publication has been released
Trade Balance
3.373B
+0.44B
Up
The CHF publication is expected
Unemployment Rate s.a.
3%
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