Episode Details
| Title | Bits + Bips: Bitcoin in Geopolitics, ETH’s Momentum, SOL ETFs & China’s Crypto Pivots? - Ep. 748 |
|---|---|
| Date | 12/11/2024 |
| Podcast | Unchained ↗ |
Key Insights
Bullish:
- 🟢 $ETH - Ethereum's increasing on-chain activity, as evidenced by growing transaction fees relative to market cap, signals strong network usage and potential value appreciation.
- “The thing that I think is very constructive right now for Ethereum is is the chain being used. And so when you see fees increase like they have and fees are a function of 2 things. They're a function of activity. They're also a function of the price of ETH because that is the commodity or gas that's paid when transacting on chain. But when fees grow faster than the market cap or the price, then you've got a real signal that actual real activity, you know, above the inflation in the in the token price is actually increasing.” - Jamie (0:00)
- 🟢 $SOL - 🔒
- 🟢 $EM - 🔒
- 🟢 $CHINASTOCKS - 🔒
Bearish:
- 🔻 $USD - 🔒
- 🔻 $MSTR - 🔒