“Customer interest [is] more focused on the two main crypto assets BTC and ETH,” analysts at data provider VandaTrack wrote, according to the newspaper. ETH stands for Ether, the native cryptocurrency of the Ethereum blockchain. “This is important because while more institutions await the initial results of the White House executive order on crypto regulation and ETH’s merger into ETH 2.0, current price behavior will continue to be driven by TradFi assets.” (ETH 2.0 is short for a proposed upgrade to the Ethereum network, and “TradFi” is crypto industry jargon for “traditional finance. Old world, so to speak.)
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