ETC Group Research Director: Ethereum may outperform Bitcoin in 2024

12/28 01:25

Wechat scan to share

ETC Group's research director André Dragosch stated that Ethereum's performance may surpass that of Bitcoin in 2024. He pointed out that Ethereum's technological advancements and its position as a leading smart contract platform will reverse its relatively poor performance compared to Bitcoin this year. Dragosch added, "Historically, Ethereum's 12-month relative performance to Bitcoin has shown a strong mean reversion trend." He stated that Ethereum's performance relative to Bitcoin may recover to average levels and noted that, except for 2023, Ethereum has consistently outperformed Bitcoin since its inception in July 2015.

Comments

All Comments

There are no comments yet, why not be the first?

Recommended for you

Stephen Moore · 03/31 10:19

Android malware ‘Crocodilus’ can take over phones to steal crypto

Once a targeted banking or cryptocurrency app is opened, a fake overlay launches over the top and mutes the sound while the hackers take control of the device.
cointelegraph · 03/31 10:04

Trump’s trade war pressures crypto market as April 2 tariffs loom

Bitcoin and stocks face pressure as Trump prepares new tariff announcements for April 2, sparking trade war fears and cooling investor risk appetite.
Kevin Helms · 03/31 03:15

Coinbase Rallies Behind Incoming SEC Chair Promising Full Focus on Crypto Clarity

Coinbase’s legal chief hailed the incoming SEC chair’s vow to prioritize crypto clarity, end debanking, and foster innovation as a long-awaited shift benefiting U.S. markets.
bitcoin.com · 03/31 03:10

SEC Commissioner Calls for 7 Crypto Reforms That Corner Congress With Urgency

SEC commissioner laid out a bold seven-point plan urging Congress to slash red tape, empower existing agencies, and protect peer-to-peer crypto from regulatory overreach.
Vincent Tabora · 03/31 03:09

Centralization and the dark side of asset tokenization — MEXC exec

Stablecoins are the largest tokenized RWA niche, with a market cap of over $227 billion, followed by private credit at over $12.2 billion.
Marcel Pechman · 03/30 06:47

Potential Bitcoin price fall to $65K ‘irrelevant’ since central bank liquidity is coming — Analyst

Analysts say central banks will expand liquidity in the near future, opening the door for Bitcoin price to make a push toward new all-time highs.
Francisco Memoria · 03/30 06:44

Bitcoin Miner MARA Starts Massive $2B Stock Sale Plan to Buy More BTC

The company, which has the second-largest bitcoin stash among publicly-traded companies, could use the funds to finance further BTC acquisitions.
iBTCNetwork · 03/30 06:42

iBTC to Enable Bitcoin-Based Margin Flows for Institutional Counterparties on the Canton Network

The partnership marks the first time Bitcoin can serve as collateral for OTC derivatives margin flows while maintaining transactional privacy and efficiency
@HabitTradeNews · 03/29 03:59

The Irreversible Integration of Global Capital Markets

These two seemingly parallel worlds, driven by the resonance of their underlying logic, are on the cusp of a historic convergence.
PermaDAO · 03/29 03:59

Arweave/AO Ecosystem Highlights Week 12｜Gold Standard Nodes Competition, $AO Listed on CoinGecko & CoinMarketCap, Aolotto Launches $ALT Staking

Arweave sets a new weekly storage record at 7 TiB, $AO gets listed on CoinGecko and CoinMarketCap, Aolotto launches staking with daily rewards, WeaveVM rebrands to Load Network, and Rimbox rolls out the Set Position feature.