Apr 9, 2021 19:31 GMTCrypto News
Ethereum price potential induces new miners to join the highly competitive space.
ETH is dominating platforms like YouTube.
Hyped 2.0 upgrade will energize the development of apps that “dwarf” bitcoin.
Ethereum price is tightly consolidating the breakout from a symmetrical triangle pattern on March 31. The pause does not negate the bullish outlook for the smart contract giant moving forward. Traders need to be patient and mindful that a deeper throwback could still occur before resuming the new rally.
Ethereum price highs have a narrow base of support
A recent study by Total Processing revealed that ETH was the most popular cryptocurrency on YouTube, with 231 million views to date. Bitcoin’s views are 200 million. Clearly, media does play a substantive role in the popularity of cryptocurrencies, but YouTube’s role is just as significant.
The full agenda of Tech talks at Digital City Festival 2021 is now live online
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This year’s cohort is heavily skewed towards healthtech companies, representing 18 per cent of the total.
The UK is now third in the world for healthtech investment after the US and China, and over the course of 2020 we saw an increase in early stage investment, from $2.27bn in 2019 to $2.32bn in 2020.
Healthtech companies among the fastest-growing tech start-ups include LabGenius, which develops new protein-based drugs using machine learning – lowering the associated costs and risks of drug development; Belfast-based Locate a Locum, which enables temporary healthcare workers to connect; Oxford-based Vitaccess, a platform which quantifies patients’ experiences of treatments and illness; and London-based Blink, a communications platform for Frontline workers.