Svmuu reported that Ki Young Ju, founder of CryptoQuant, posted on X platform, stating that crypto ETFs within the traditional financial system are showing strong performance, while stocks on crypto trading platforms are underperforming.
He further pointed out that if native crypto users stop purchasing crypto assets, "then who else will buy them?"
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CryptoQuant Founder: Crypto ETFs in Traditional Finance Show Strong Performance, While Crypto Platform Stocks Lag
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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1
ETH inter-exchange spread reaches 1.11%
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2
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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3
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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4
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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5
South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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6
Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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7
SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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8
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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9
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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