Ethereum will become the main asset for investors in 2021
The potential of Ether greatly exceeds Bitcoin, and the community is beginning to understand the value of ETH. During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed on Bitcoin (BTC). Today, we will look at why Ether (ETH) is a more attractive asset and why this cryptocurrency should become the “first cryptocurrency” for every investor.Let's start with the numbers: ETH’s growth since its March 2020 low after the....
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Ethereum has grown to the point where it has landed on the radar of big investors. The digital asset is seeing increasing support from institutional investors after rallying to new highs this year. Despite not hitting its previous all-time high, the asset has seen a recent increase in value that has pushed investors more towards […]
Ethereum value has taken some hits in the past few months as the coin has since significant losses in the price after the digital asset had hit its all-time high back in May. The price of ethereum had gone as high a $4,300, but the price has since crashed over 50% since then and now sits at less than $2,000 at the time of this writing. Notwithstanding, crypto analyst and trader Kaleo predicts that the price of ETH is set to grow immensely in the next 12 months. The crypto analyst looks through movements of ethereum from back in 2017 and predicts that based on this, the digital asset is....
In 2021, we’re likely to see a lot of crypto industry players adopt sidechains and parachains to provide a better experience for their users. When the decentralized finance sector exploded in summer 2020, it was an eye-opening moment that showed crypto’s actual capabilities to revolutionize finance. However, the boom also exposed a lot of vulnerabilities of the Ethereum network, which most DeFi projects are built upon. The most serious ones included high gas costs and low scalability.A bull cycle has kicked in since then, lifting Ether’s (ETH) value to a new all-time high — and now the....
Ethereum active addresses have continued to decline. This follows the market crash where the price of Ethereum had dropped to below $1,000 before staging another recovery. This decline has shown various implications for the digital asset and also points towards how investors could be feeling towards the digital asset. Activity Falls To 2020 Lows Data from the Block shows that the active addresses on the Ethereum network on a seven-day basis are down. These active addresses had hit a new all-time high back in June 2021 when the bull market had been in full bloom. The rise in active....
$80K Bitcoin and $3K Ethereum are within US Global Investors CEO Frank Holmes' volatility range for 2021. He also sees $400K Bitcoin on the cards after the next 3-4 years. Frank Holmes, CEO/CIO of US Global Investors, believes Bitcoin and Ethereum could reach $80,000 and $3,000 respectively in 2021. He also sees the possibility of Bitcoin dropping to $20,000 and Ethereum dropping to $500. This wide spread is derived from a philosophy he calls the DNA of volatility.DNA of volatilityAccording to Holmes, each asset class has its own DNA of volatility, or the typical percentage of price....