Ethereum’s Theatrical Plot: Will ETH Triumph Or Trip In The Next Act?

Bitcoin Chart - Starring in Wyckoff's Madcap Adventure

Enters, with grand flourish and a powdered wig barely containing his enthusiasm, the sage Ted Pillows. “Gentlefolk! Attend!” he proclaims. “A Wyckoff accumulation doth unfold! Behold, the smart money struts and frets upon the stage, seeking the next act where ETH, the erstwhile understudy to Bitcoin’s Hamlet, may seize yon spotlight and soliloquize to the moon!”

The U.S. Dollar: Is It Time for a Stablecoin Midlife Crisis? 🤔💸

There’s a seismic shift brewing in the world of finance and it’s all thanks to the latest U.S. push to regulate dollar-backed stablecoins. Poor U.S. currency—first it had inflation to deal with, now this? Amundi, the head honcho of Europe’s asset management scene with over €2 trillion ($2.36 trillion) in assets (that’s more money than I’ll ever see), raised a ruckus on July 3rd about the Senate’s recent GENIUS Act. Just when we thought “Genius” was reserved for naming your smartest friend’s cat, here it is trying to overtake global money flows like it’s in a race at the Olympics.

Ethereum ETFs Keep Flowing Green While Price Sputters – 🌊💰

But beneath the surface, a different story is unfolding. Steady inflows into Ethereum-based Spot ETFs have been keeping the mood green. According to on-chain analytics platform Lookonchain, US-based Ethereum ETFs recorded a net inflow of 36,439 ETH on July 4, valued at approximately $92.19 million. This builds on a solid showing the day prior on July 3, when daily net inflows into the ETFs totaled $148.57 million.

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