Ether Emerges as the New ‘Internet Bond’ Amid Booming Interest in Crypto Assets

Date:

Share post:



Ether Emerges as the New 'Internet Bond' Amid Booming Interest in Crypto Assets

So, with the dual tailwind of Bitcoin ETF flows and the upcoming halving, is Bitcoin the best bet? Not so fast. Ethereum, the next biggest crypto asset by market cap, has a case of its own to make. Whereas bitcoin is often described as a store of value, medium of exchange, or both – essentially cash for the internet – Ethereum is a platform for developers building over 4,500 applications in areas as diverse as art and collectibles (NFTs), stocks, bonds, and real estate (real-world assets or RWAs), fiat currencies (stablecoins) and internet-native organizations called DAOs, known collectively as Web3.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

12,000 Tiny Transfers Put Kraken's Compliance Controls to the Test

A wallet linked to sanctioned exchange HTX flooded Kraken-linked addresses with thousands of near-worthless transfers, showing how...

Bitcoin Price Left Behind? Record Global M2 Could Put BTC on a Launchpad

Key TakeawaysU.S. M2 hit a record $23.16 trillion as global measures pushed toward $103 trillion.Bitcoin ripped higher...

Coinbase Investor Class Action Can Move Forward, Federal Judge Rules

A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to...

Incorporate Viral Effects Automatically Into Video Advertising Using Ad Maker How to Use AI Video Ad Generators for Viral Social Media Effects

With all the visual ads on social platforms, short-form advertising is a tough competitor. Opening seconds can...