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Hyperinflation: Definition, Explanation, Examples
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Louis DeJoy bought up to $300,000 of bonds from USPS board chair Ron Bloom s investment firm
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With Controversy Aplenty, Robinhood Goes Public
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Many of the most enthusiastic crypto bulls see big things ahead for Ethereum. Currently the biggest digital coin after Bitcoin, Ether’s price currently stands at $2,580.96. Some analysts forecast the price could rise as high as $5,000 within the next year. And some see the digital coin’s price reaching $20,000 by 2025. Some people go so far as to say that Ethereum will eventually supplant Bitcoin as the world’s most valuable and important cryptocurrency.
The enthusiasm for Ether is based on the fact that the digital coin’s algorithm is the main one used in both decentralized finance (DeFi). In other words, it’s a blockchain-based form of finance that does not rely on brokerages, exchanges or banks to offer traditional financial instruments, and non-fungible tokens, the digital art that has skyrocketed in popularity this year. Ethereum’s rally year to date has outpaced Bitcoin’s, with Ether rising more than 1,000% compared to Bitcoin’s 300% incre