Institutions Will Start Buying Ether in 2021, Messari Analyst Says
CME Group’s recent announcement that it will launch ether (ETH) futures on Feb. 8, 2021, is the “writing on the wall” that institutions will being buying the cryptocurrency next year, according to a pair of tweets by Ryan Watkins, an analyst at crypto data provider Messari.
Related News
Senior research analyst at Messari, Ryan Watkins, predicts that Ether could overtake Bitcoin as the top crypto asset once its Eth2 overhaul is complete. Ryan Watkins, a senior research analyst at crypto analysis firm Messari, has speculated that Ethereum could overtake Bitcoin as the largest crypto asset once its Eth2 and Proof-of-Stake overhaul is complete.Appearing on Youtube show 'FinTech Today' on March 18, Watkins noted that while he does not know “if or when” Ethereum will flip Bitcoin, he does believe Ether could emerge as the leading crypto asset in the future, due to Eth2,....
Messari research shows MakerDAO has experienced its first quarter of net income loss since 2020 following a huge fall in loan demand and few liquidations. MakerDAO, the governing body of the Maker Protocol has seen its revenue plummet in the third quarter of 2022, caused by a fall in loan demand and few liquidations, while expenses have remained high. According to an Oct. 13 tweet by Johnny_TVL, a Messari analyst and co-author of “The State of Maker Q3 2022,” the decentralized autonomous organization saw its revenue plunge to just over $4 million in Q3, down 86% from the previous quarter.....
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges. It also focused on the controversy that tails […]
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto Market Intelligence Firm Messari Secures $21 Million Digital currency analytics and intelligence data have seen massive demand this year. A number of crypto analytics providers have been able to raise millions from investors as institutions and the general public has been hungry for crypto coin....
Stock-to-flow creator PlanB suggests that now is the time to continue accumulating, with selling pressure fading fast. Institutions should start buying Bitcoin (BTC) again, leading analyst PlanB has said as one exchange sees a fresh $250-million withdrawal.In a tweet on Tuesday, PlanB argued that conditions were now right for buyers to continue accumulating BTC with confidence.PlanB: “Probably time” for Q2 buyingBTC/USD had seen a lack of momentum over the weekend, culminating in a dive to near $56,000. With resistance near all-time highs of $61,700 now at its lowest since the time that....