With a growing number of AI and DeFi projects being built on the Ethereum blockchain, the future looks promising for the world's second-largest crypto.
July 21, 2021 @ 9:08 pm By Tony Zerucha
More than half (54 percent) of panelists in Finder’s latest Bitcoin Price Predictions Report believe Bitcoin will overtake fiat as the dominant form of global finance by 2050, with 29 percent believing it will happen by 2035.
While Bitcoin’s value is predicted to drop to $25,112 it is predicted to rise to $66,284 by Dec. 31. Keep holding onto it as the growth will continue, predicts Thomson Reuter’s technologist and futurist
Joseph Raczynski, who is even more bullish in believing Bitcoin will overtake fiat by 2025 when its value will hit $150,000.
“Some countries will leverage BTC as their primary currency of choice. With fixed circulation, ease of transfer, it will serve them well to move to a ‘bankless’ model inherent in this ecosystem,” Raczynski said.
Analyst Gives Three Reasons Why $1.6 Billion in ETH Just Left Exchanges
We get to the bottom of what happened to the $1.6 billion ETH drained from exchanges.
More than $1.5 billion of ETH left exchanges this week.
An analyst explains that it could have gone to DeFi, ETH2.0 staking snapped up by large investment firms.
But his analysis still leaves some mysteries unanswered.
Some hefty whales have been detected in the waters of the Ethereumblockchain.
The Ethereum balance on top-tier cryptoexchanges reached a 15-month low of 15.4 million ETH ($20.5 billion) according to a tweet from crypto analytics team Glassnode on Saturday 23. #Ethereum$ETH Balance on Exchanges just reached a 15-month low of 15,423,305.652 ETH