1️⃣ The open interest of contract $BTC U on Binance reached a new high in the last month, and the long-short ratio hit a new low in the last month.
2️⃣ CEO of Tether: Plans to launch a new stablecoin in the United States this year.
3️⃣ [Featured daily news from Binance] Strategy announced a new ordinary share offering in ATM for $21 billion to increase Bitcoin holdings; Robinhood included B2C2 and Wintermute as its largest cryptocurrency market makers in the latest SEC filing; DeFi Development Corp. announced a $24 million private equity funding to accelerate the holding strategy of Solana $SOL .
4️⃣ It is not common for $BTC to rise when the stock market falls sharply. It is worth paying attention to the trend of becoming "digital gold".
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Is ETH still the king of smart contracts? Ethereum has proven to be much more than just a cryptocurrency: it is the foundation of a whole DeFi ecosystem, NFTs, and decentralized applications. Despite high fees and competition from new blockchains, I still believe that ETH maintains its leadership thanks to its security, adoption, and the constant evolution of its technology (proof of stake, Layer 2, etc.). Personally, I see Ethereum as a more solid long-term bet than many other altcoins. Sure, it’s not perfect, but in crypto, few things are. $ETH $WBETH What do you think? Is ETH still the foundation or has it been surpassed? #Ethereum #Crypto #Opinion #ETH #blockchain