The $ETH Exodus: $ETH Slides to 68th as ‘Blue Chip’ Crypto Underperforms in t...
The ‘ultrasound money’ narrative has gone quiet. While Bitcoin corrected a manageable 11% amid macro headwinds, Ether took a violent 14.5% hit, a divergence that has rattled the confidence of long-term holders. That price action pushed Ethereum’s market capitalization down to roughly $300B. It now sits at 68th in global asset rankings, trailing behind traditional ‘boomer’ equities like Coca-Cola and Cisco. Source: 8marketcap This isn’t just a dip; it’s an identity crisis. The $ETH/$BTC ratio has bled to multi-year lows, suggesting that institutional....
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Comparisons with 2017 seem to be ill-advised for now. This week definitely feels calmer, more positive than the last. And there’s good reason to be optimistic for DeFi bulls too, as the market posted a decent recovery since my last newsletter.People are calling it a “blue chip” rally, which means that it’s household names that are leading the charts (at least that’s the standard definition, it may also refer to their blue logos). AAVE and YFI rallied the most, followed by decent recoveries for Curve and Synthetix. These are big names, but at the same time I would give the “blue chip”....
Exodus, the multi-asset wallet with a strong design and usability emphasis, now includes ShapeShift built-in. This allows users to trade between blockchain assets without leaving the wallet app. In-App Trading. ShapeShift.io announced the move on October 5, saying it had worked with Exodus since late 2015 to integrate its API. Exodus users can maintain....
Prediction markets show Trump losing, though bitcoin bulls didn't get Democratic "blue wave" that might have brought speedy stimulus package.
Exodus shares are now available for purchase through its wallet. Crypto wallet provider Exodus recently received the green light from the United States Securities and Exchange Commission, or SEC, to sell shares of its operation. According to a public statement from Exodus on Thursday: “Exodus Movement, Inc., a Delaware corporation that has developed a leading non-custodial cryptocurrency software platform, received notice that the Securities and Exchange Commission has qualified its offering of Class A common stock under Regulation A.” The shares hit the market last night in the U.S., and....
There is huge demand for crypto companies to go public right now — but in this day and age, are initial public offerings their only option? Beyond Coinbase, are there any other examples?One company that has been in the process of completing a Reg A token sale is Exodus.Exodus — which offers desktop, mobile and hardware crypto wallets — said that it wanted to pursue this approach to ensure that its users had equal access to equity as venture capital firms and crypto whales.The company’s stock was listed at a price of $27.42 a share, and was available directly through the Exodus wallet in....