Goodness gracious, me! Is this the ultimate case of the pot-calling-the-kettle-black or what? If there were ever a pure play in the great fraud of fiat, Elon Musk is it. Yet here he is electing to go with crypto instead. The true battle is between fiat & crypto. On balance, I support the latter. Actually, there is a seminal picture in these few words and it amounts to this: Crypto currencies are not money, they are the latest boiling hot speculative asset class that, ironically, is just another bastard spawn of the central bank money-printers. They are not an alternative … Continue reading →
In a good news for Ethereum price predictions, billionaire Mark Cuban explained the dynamics behind the cryptocurrency crash last week as he sees a huge rebound coming for the digital tokens.
Ethereum Price Prediction: Analysts Hint Massive Value Surge to Surpass Bitcoin!
In a leaked document reported obtained by Forbes, Goldman Sachs gave a rosy Ethereum price prediction.
Photo : Jack Taylor/Getty Images
Will the sun rise again for cryptocurrencies? With trillions lost in last week s crash, analysts see a grim picture ahead, but for one digital token, a top Wall Street investment bank predicts an amazing recovery.
In a leaked document reported obtained by Forbes, Goldman Sachs gave Ethereum a rosy forecast of a high chance of surpassing Bitcoin as the dominant store of value.
The investment bank further described Ethereum as the Amazon of information.
Ethereum Price Prediction: Data Analysis Points to $4000 Breakout After 3% Increase
Despite a devastating fall over the weekend, Ethereum price levels are expected to soar, with a breakout seen to $4,000 as more buyers are drawn to the cryptocurrency.
Photo : Jack Taylor/Getty Images
Ethereum might have borne the brunt of a castigating breakdown over the weekend, falling to a negative 14.3 percent premium. It is Ethereum s lowest since listing, as indicated by top crypto investment fund for the digital asset, Grayscale Ethereum Trust, per Coingape.com.
This was attributed to Tesla CEO Elon Musk s announcement of discontinuing Bitcoin as a payment option for purchasing his company s products, as well as the Colonial Pipeline ransomware attack that shut down the nation s largest fuel pipeline with hackers paid nearly $5 million in untraceable cryptocurrency. These developments pulled down both Ethereum and the world s top cryptocurrency, Bitcoin, to record lows.