5 must-read articles in the evening | Will a bull market come with Biden out?

This article is machine translated
Show original

1. ETH spot ETF inflow estimation: Will it repeat the trend of BTC spot ETF?

ETFs have a similar fee structure to the BTC ETF. Most ETF providers do not charge any fees for a certain period in order to better accumulate AUM. As is the case with the BTC ETF, Grayscale has maintained its ETHE fee rate at 2.5%, an order of magnitude higher than other providers. The key difference here is the introduction of the Grayscale Mini ETH ETF, which was previously applied for a BTC ETF but was not approved. Click to read

2. What is the stance of Harris and other potential Democratic presidential candidates on cryptocurrencies after Biden dropped out of the race?

On July 21, US President Joseph Biden unexpectedly announced his resignation as the Democratic presidential candidate and supported Vice President Kamala Harris as the Democratic presidential candidate. Click to read

3. Trump's election expectations make crypto investors bullish: BTC will return to its historical high

The largest digital asset recovered from early losses to hover around $68,300 as of 8:42 a.m. Singapore time on Monday as markets reacted to a potential contest between pro-crypto Donald Trump and Kamala Harris. Click to read

4. Looking at the historical development of GameFi, how will it create new glory in the future?

Since the launch of the Ethereum mainnet on July 30, 2015, the Web3 era has officially arrived. The smart contract deployment function of the Ethereum mainnet supports the design and operation of DAPPs (decentralized applications). On this basis, a large number of popular DeFi (decentralized finance) have emerged, such as Uniswap, which implements DEX (decentralized exchange) through automated market makers, and MakerDAO, which implements contract lending. These DeFis have attracted a lot of hot money with their high investment returns, openness, transparency, strong concealment, and complete openness. The total market value of the DeFi track has also increased from US$50 million in 2015 to US$100 billion in 2023. Click to read

5. Will the bull market come if Biden is out? What do analysts say?

Now, some analysts say his last-minute move could boost Bitcoin and crypto assets in the coming months, while others believe investors should curb their excitement for now.

According to TradingView data, the price of Bitcoin fell 2.8% immediately after the news was released, but has since rebounded from the $65,800 mark, but has quickly recovered by more than 3.6% in the past 8 hours. Click to read

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments