BlockBeats News, February 10 — Jiang Zhuoer, founder of B.TOP Mining Pool, stated, "Currently, U.S. stock market funds’ understanding of ETH is still in the stage of 2014-2015 in the crypto circle. The slogan ‘digital gold’ for BTC is well understood outside the circle, but ETH’s ‘smart contracts’ are much more complex.
The first surge in the ETH/BTC exchange rate began with the massive rise of ICOs in 2016-2017, with many tokens being launched on the chain. The second surge in the ETH/BTC exchange rate started around 2026-2027, driven by the blockchainization of traditional finance (USD, U.S. stocks, U.S. bonds), with many RMA tokens being launched on the chain."
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Analyst Ignores Bitcoin (BTC) Price Crash Narratives, Points to Hidden Bull Signals That May Matter More
Bitcoin price keeps struggling, and panic around crypto has started climbing with every fresh dip. BTC has lost its footing near recent highs, and that has pushed many traders to focus only on red candles and short-term fear.
A new breakdown from the Savvy Finance YouTube channel takes a very
CaptainAltcoin30m ago
Vancouver’s Bitcoin Reserve Faces City Bureaucrats’ Pushback
Vancouver’s financial staff have recommended against establishing a dedicated Bitcoin reserve, arguing the move would breach the Vancouver Charter and advising the council to drop the proposal. In a March 2 motions update, Colin Knight, who heads the Finance and Supply Chain Management department, s
CryptoBreaking50m ago
Bitcoin News: Nasdaq EV Firm Jiuzi Targets $1B BTC Acquisition
March 6, 2026 9:15 pm EST
TheCoinRepublic55m ago
This week, the US Bitcoin spot ETF saw a net inflow of $568 million, with BlackRock IBIT inflows of $660 million.
This week, the US Bitcoin spot ETF saw a net inflow of $568 million, mainly from BlackRock's IBIT and several other funds, while Fidelity's FBTC and Grayscale's GBTC experienced net outflows.
GateNews1h ago
CryptoQuant: Bitcoin NUPL--MVRV indicator reaches 0.33, or has entered the mid-stage of a bear market
Gate News Announcement, March 7th, CryptoQuant analyst Axel pointed out on the X platform that the Bitcoin NUPL--MVRV harmonic composite indicator has reached 0.33, while historical cycle bottoms typically occur around the 0.5 range. The chart shows that the bear market cycle is beginning to shift upward, indicating that Bitcoin may have entered the mid-stage of this bear market cycle, suggesting that extreme selling conditions are easing. However, this indicator is still well above historical bottom levels, implying that a market-wide bottom has not yet been confirmed.
GateNews1h ago
