Bitwise CEO: Ethereum's true competitors are Web2 and traditional finance, not Bitcoin

By: theblockbeats.news|2025/07/14 10:02:05

BlockBeats News, July 14th, Bitwise CEO Hunter Horsley stated, "Ethereum is not competing with Bitcoin. Its real competitors are Web 2.0 and traditional financial services software."

In the next 6 to 12 months, the crypto market will move beyond the 'CoinMarketCap era,' which is the mindset that views each cryptocurrency as simply having a different market cap, with everything else being the same.

We will begin to realize that the opportunities between different blockchains are diverse, much like 'apps on the iPhone.' Even though the underlying technology is similar, their purposes and commercial potential are vastly different."

-- Price

The outbreak of the US-Iran war on February 28, 2026, has provided an unprecedented real-time laboratory for understanding how geopolitical oil shocks interact with an increasingly institutionalized cryptocurrency market. This article examines the relationship between crude oil prices and Bitcoin throughout the conflict, analyzing price movements, correlation patterns, and the underlying transmission mechanisms.

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Stablecoins have a trading volume of 35 trillion, with 99% being internal transfers. McKinsey says that real payments rely on B2B support.

Galaxy Research: AI agents are giving rise to new species on the blockchain, how zero-human companies activate the financial flywheel

With the rise of ZHC (Zero Human Company) and the integration of native interfaces for DeFi protocols, autonomous AI entities are rapidly evolving from tools to "enterprises," autonomously achieving capital allocation and compound value appreciation on the blockchain.

Data Research: How big is the liquidity gap between Hyperliquid and CME crude oil?

Hyperliquid has already touched the door of crude oil pricing power.

WEEX P2P now supports GHS, ETB & ZAR—Merchant Recruitment Now Open

To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Ghana Cedi (GHS), Ethiopian Birr (ETB) and South African Rand (ZAR) are now available on WEEX P2P!

Why Are GPU Prices Skyrocketing Out of Control?

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70-Page Confidential Letter Alleges First Charge of 'Lying,' Altman Tells Board 'I Can't Change My Personality'

I feel the weight of this responsibility every day

Is Altcoin Season Starting in 2026? What Traders Should Watch Now

Altcoin season signals are becoming clearer in 2026 as capital rotation across crypto markets accelerates. Here’s what traders should watch and how strategy-based participation is evolving in the current market cycle.

Bitcoin ETF Inflows in 2026: Impact on BTC Price and Crypto Market Trends

Bitcoin ETF inflows are reshaping BTC price trends and crypto market liquidity in 2026. See how institutional capital is influencing volatility, trading behavior, and portfolio allocation strategies across crypto markets.

Visa's Stablecoin Strategy: Cards, Settlement, and the Future

At that time, the team no longer viewed cryptocurrency as a "card product," but began to see stablecoins as a real solution capable of addressing real-world problems.

Stock Market Split

The financial industry continues to evolve and develop as always, and will adopt any structure that can narrow the gap between the occurrence of events and the expression of opinions in prices.