ETH futures are more popular than BTC, and regulators will not “kill” bitcoin, the expert believes

ETH futures are more popular than BTC with institutional investors

Analysts say the whale’s attention to ethereum futures speaks to “healthy demand for ethereum compared to bitcoin from institutional investors.” These are large organizations such as corporations or hedge funds.

“This is a setback for Bitcoin and a reflection of weak demand by institutional investors that tend to use regulated CME futures contracts to gain exposure to Bitcoin,” JPMorgan analysts commented on the “strong demand divergence”.

Opinion: it is not profitable for regulators to “crush to death” the main crypto coin

“I think overall that is a very extreme scenario and I do not see a developed country like the US or even all the G7 countries take such a harsh and strong step,” the CIO of Melanion Capital said.

Comair said most governments want to regulate the digital asset industry in order to protect the interests of investors. And after the emergence of “adequate and correct regulation, we will see the full power of cryptocurrencies,” says the crypto enthusiast.

Twitter launches bitcoin transfers

The innovation will allow users of the social network to send donations in cryptocurrency to their favorite bloggers. They plan to carry out operations with bitcoins through the Lightning Network, with the help of which BTC payments will be faster and cheaper.

In order to take advantage of the new functionality, you will need to connect a third-party service to your Twitter profile, for example, Venmo from PayPal, Patreon or CashApp. At the same time, the company does not plan to introduce additional fees for transactions in digital currency.

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