Cointime

Download App
iOS & Android

Tech Stock Price Jumps Boost Ethereum (ETH) More Than Bitcoin (BTC), According to New CME Group Report

  • Wechat scan to share

A recent report by CME Group highlights the impact of tech stocks, the US dollar, and Bitcoin supply on the movement of Ethereum. The report suggests that Ethereum benefits more than Bitcoin when technology stock prices increase, resulting in a rise in the ETH/BTC exchange rate. However, a stronger US dollar has a negative impact on Ethereum compared to Bitcoin. The report attributes these differences in response to macroeconomic factors to the economics of Ethereum's unlimited supply and Bitcoin's capped supply.

Comments

All Comments

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

Recommended for you

  • The JuCoin ecological project JuChain has been launched on the main network, and the public chain co construction summit will be held. The ecological debut protocol is Butterfly

    Cointime News:JuCoin's self-developed public chain JuChain has been launched on the main network. The JuChain Public Chain Co construction Summit initiated by JuCoin will be held on May 15, 2025 in Bangkok, Thailand. The conference will release the first ecological agreement--
  • JuCoin CEO: UX design in the encryption industry needs to pay attention to user emotional details to enhance user experience

    Cointime News: JuCoin CEO Sammi Li delivered a keynote speech at the TOKEN2049 conference, analyzing the current challenges in user experience (UX) design in the cryptocurrency industry. Sammi Li believes that the existing encryption product experience fails to effectively empathize with users, often leading to usage anxiety, which hinders the large-scale adoption of Web3. Combining her rich experience in the luxury goods industry, she emphasizes that building trust relies on paying attention to user emotions and critical moments of interaction, and constructing it through details rather than simply technical presentations. JuCoin is applying these user centered design principles to its Web3 ecosystem construction, aiming to lower user barriers and enhance user experience by optimizing JuChain and related product designs. It calls on the encryption industry to think together and place user experience at a more core position.
  • Xiongan New Area: Combining blockchain with digital RMB to launch "Digital Currency Loan" product, with payment amount of nearly 100 million yuan

    On January 11th, according to the Xiong'an Public Account, the digital RMB pilot in Xiong'an New Area has achieved new results. The first digital RMB tax payment transaction in the financial field has been completed, and self-service tax terminals have been developed. The "blockchain + digital RMB" technology is applied to government procurement management, increasing the proportion of advance payment and landing multiple applications to solve corporate problems. In 2024, the People's Bank of China Xiong'an New Area Branch, together with the Xiong'an New Area Reform and Development Bureau, will launch the "Implementation Plan for the Deepening of the Pilot Work of Digital RMB in the Rongdong Area", to enhance public awareness. By combining blockchain with digital RMB, the "digital currency loan" product will be launched, with a payment amount of nearly 100 million yuan.

  • Fardi Wang, Chairman of NEXUS 2140: AI•Web3•Ecom Global Expo, Made Appearance at Meta Crypto Oasis 2025 in Dubai

    Fardi Wang, Chairman of NEXUS 2140: AI•Web3•Ecom Global Expo, recently appeared at the Meta Crypto Oasis 2025 in Dubai, joining global Web3 leaders such as Justin Sun (Founder of TRON) and Chris (Co-founder of Sonic) to discuss the future of the industry. As the first cross-industry event integrating AI, Web3, and E-commerce, NEXUS 2140 is accelerating its international expansion through Fardi Wang’s active participation. At the summit, Fardi Wang emphasized that the integration of virtual and real-world assets is the key breakthrough for the Web3 ecosystem. He mentioned: “NEXUS 2140 is leveraging Korea’s policies, technological strengths, and ecosystem advantages to build a global industrial hub.” His insights received strong recognition from attendees, and the Dubai visit further amplified the international influence of the event, injecting new momentum into global digital economy collaboration.
  • Cointime精选 ·

    Are we finally ready for a gas limit increase?

    There has been growing discussion around the possibility of increasing Ethereum’s gas throughput, either by raising the gas limit or reducing slot time. The key argument in favor of this is that the hardware requirements for running a validator have steadily decreased over the past four years.
  • Cointime August 17th News Express

    1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website
  • Ethereum network gas fee falls back below 1 gwei

    According to Etherscan data, the current Ethereum network gas fee has fallen below 1 gwei, currently at 0.937 gwei.
  • Cointime August 10th News Express

    1. The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs
  • Ethereum ACDC #139: Pectra's Devnet 2 upgrade is under debugging, and the release date of Devnet 3 is still to be determined

    Christine Kim, Vice President of Galaxy Research, summarized the main content of the 139th ACDC conference call. The debugging of Pectra's upgraded Devnet 2 is currently underway, and the release date of Devnet 3 is yet to be determined. Developers will hold weekly testing update meetings starting from Monday to better coordinate the release of Pectra's Devnet. The decision to include EIP-7688 in Pectra's upgrade has been postponed again.
  • Ethereum network gas fee drops to 1 gwei

    According to Ether­scan data, the current gas fee on the Ethereum network has dropped to 1 gwei.