Ethereum Continues Uptrend, Reaches $2300, Coin Price Hits Nearly Two-Month High

On May 9th, based on HTX market data, Ethereum has fallen below $2300, showing a 24-hour change of 15.12%.

On May 9th, the Greek.Live analyst Adam posted on social media and said, "The community generally has a bullish attitude towards Bitcoin. Traders expect to create a new all-time high. Most traders are concentrating on the resistance level of $10.6 to $10.8k. There is a consensus that breaking the previous $10.8k all-time high will bring significant additional upward momentum."

On May 9th, as monitored by Moonshot Listings, DOOD has been listed by Moonshot.

On May 9th, as reported by Bloomberg, Battleshares, a brand affiliated with Tidal Financial Group, has submitted an application to the U.S. SEC to launch two ETFs that are hedged against Bitcoin and gold. This product will enable investors to directly place bets on the relative performance of these two assets through tools such as short-selling securities, swap contracts, and options. Dhaval Joshi, the Chief Strategist at Counterpoint, holds the view that Bitcoin will gradually encroach on the market share of gold. In the long term, a combination of going long on BTC and shorting on gold shows more potential. This year, gold has repeatedly reached new highs due to safe-haven demand. Meanwhile, Bitcoin dropped during the April turmoil along with risk assets but has recently surged vigorously following the progress of U.S. digital financial policies. Brent Donnelly, the President of Spectra FX, pointed out that Bitcoin still has a high correlation with the Nasdaq 100 index, while gold m

May 9th. As per the San Francisco Standard, it was discovered that Jeffy Yu, the co-founder of Zerebro, was "faking his own death" and is actually alive. The news of his "death" a few days ago seems to have been a self-orchestrated hoax. The report indicated that Jeffy Yu was found outside the two-story home of his parents in the Crocker-Amazon community of San Francisco, looking rather nervous, and expressed astonishment that journalists were able to locate him through internet searches. Jeffy Yu stated, "I have been doxxed and harassed. Since you can find me, others can too. Now I have to move my parents out of here this week."

On May 9th, the stock price of Tesla (TSLA.O) reached a two-month high, and it rose by 6.8% today.