Litecoin Surged 52% This Week by Riding Bitcoin Boom

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  Strategy Pushed ‘Deceptive’ Comparison to Apple and NVIDIA, Wall Street Veteran Says

  Strategy, formerly MicroStrategy, misrepresented its business to investors when measuring itself against S&P 500 firms last month, according to Damped Spring Advisors CEO and CIO Andy Constan. It is “100% fraudulent” that the Bitcoin-buying firm compared its price-to-earnings ratio to the likes of Apple and NVIDIA on a slide during its second-quarter earnings presentation, the Wall Street veteran said during an episode of the What Bitcoin Did podcast released on Monday. The slide implied that St...

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  What's Driving Ethereum's Surge—And Can It Last?

  Ethereum has been on an upward tear for weeks now, and looks primed to break its four-year-old record high.  Market experts who spoke with Decrypt agreed that a handful of variables, ranging from regulatory overhauls in the United States to deflationary trends in ETH acquisition, are likely responsible for the cryptocurrency’s recent climb.  But while some are convinced the pivotal factors contributing to Ethereum’s rise are unique to the cryptocurrency, and could lead to a doubling of its price...

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  Ethereum Suited for 'Meteoric' Stablecoin Growth, JPMorgan Says

  Ethereum’s recent outperformance could continue as Wall Street begins issuing massive amounts of stablecoins within its ecosystem, JPMorgan signaled in a Thursday note. A bevy of dollar-pegged tokens—following last month’s passage of the GENIUS Act, a regulatory framework for stablecoins—should affect Ethereum’s price, even if those assets are issued on layer-2 networks, instead of Ethereum itself, according to the bank’s analysts. “We think ether is emerging as a direct way to gain exposure to...