Economist: Ethereum To Repeat Bitcoin Rally To $20K, According To Metcalfe’s Law
Ethereum is now the second major cryptocurrency from the last bull run to break its former all-time high. One author and economist, however, claims that this is only the beginning of the top altcoin following in Bitcoin’s footsteps, and will soon rally to $20,000 mimicking the epic 2017 bull run. Here’s the theory behind the lofty price target more than 10 times the current price per token. Economist Estimates The Long Term Value of Ethereum […]
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If you had $1 million to invest in Bitcoin and Ethereum, how would you buy, and why? This is the premise behind a new case study competition from Kraken, who partnered with The Economist to launch the program. Kraken, a leading bitcoin exchange, has launched a new competition aimed at students, challenging them to create digital asset investment....
As Bitcoin (BTC) continues its pullback into the low $90,000 range, analysts are divided on how much further the top cryptocurrency might fall before a potential bounce. However, long-term market observers remain confident, emphasizing that short-term price action does not alter their belief in BTC’s eventual rise to a million dollars or more in the coming years. Bitcoin To Reach $1.5 Million By 2035 Cryptocurrency enthusiast Timothy Peterson recently shared his projection on X, predicting that Bitcoin is on track to reach $1.5 million by 2035, based on Metcalfe’s Law. This forecast....
Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.” Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets. Royal Macro Beating Can’t Take Down Bullish Bitcoin And Ethereum […]
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