by SGT, SGTreport.com:
Bitcoin is poised to pass $2,000 USD tonight, while Ethereum is up nearly $40 today alone to $127. Less than three months ago Ethereum was at $8. The crypto currencies are on fire, and in the Ethereum's case, for good reason. With a $11-12 billion market cap, we feel compelled to ask the question: Could Ethereum be the next $1,000 crypto?
There remain several schools of thought on the crypto currencies, and Bitcoin in particular. About a year ago I became vocal about the potential rise of Bitcoin back to stratospheric levels and advised listeners to consider taking a small, speculative position in Bitcoin as a hedge against inflation, and as a gamble on the potential for the crypto to hit new all-time highs. Which it has, and then some.
But now the interest in Ethereum is growing, BIG TIME. According to Wealth Daily May 22nd kicks off the Consensus Blockchain Conference. This conference goes for two days and features workshops that educate attendees on the benefits of blockchain technology.
Ethereum Is About to Boom
https://www.wealthdaily.com/articles/ethereum-is-about-to-boom/8674
Wealth Daily's Alexandra Perry writes, "without argument, Ethereum will be the star of the event. It has become the darling of many companies that are trying to improve their networks. "
Just look at this list of attendees:
ABN AMRO
Ad Meliora
Accenture
Allen & Overy
A.T. Kearney
Berger Singerman LLP
B2C2
BNY Mellon
Bloomberg
Broadridge Financial Solutions
BroadRiver
Capital One
Citigroup
CME Group
Cognizant
Cooley LLP
Covington & Burling LLP
Crowell & Moring LLP
Davis Polk & Wardwell LLP
Deloitte
DTCC
Equifax
EY
Fundserv
Friedman LLP
Goodwin LLP
Guardian Life Insurance
Hitachi Solutions
Hogan Lovells US LLP
Holland & Knight LLP
IBM
Infosys
LG Electronics
Medici Ventures
Microsoft
Nasdaq
New York Life
Penn Mutual Life Insurance
Perkins Coie LLP
PwC
Procter & Gamble
Prudential Retirement
Rakuten
S&P Global
SAP
Scotiabank
Siemens
Shanghai Clearing House
Silvergate Bank
Standard Chartered Bank
State Farm
Sullivan & Cromwell LLP
Swirlds
Swiss Re
Synechron
Thomson Reuters
USAA
Vanguard
Western Union
And more...
Perry notes, "Ethereum is quickly overcoming an obstacle that Bitcoin struggled with: widespread adoption."
At this point we can only ask: GOT ETHEREUM?
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