Despite pulling back a bit from its all-time high earlier this year, ethereum (ETH-USD) still has a shot to hit $10,000 by year’s end, according to one analyst who has been right so far this year. Magnetic Managing Director Megan Kaspar, who called ether’s tripling to top $3,000 back when it was still closer to $1,000 in January, told Yahoo Finance Friday that the second-largest cryptocurrency by market cap could still hit her $8,000 to $10,000 price target in 2021. “Investors are still… Source link
Read More »Why Ethereum’s ‘London’ Upgrade Matters
In T-minus 10 days, the Ethereum blockchain will undergo its 11th backward-incompatible upgrade, also called a “hard fork.” This hard fork, dubbed “London,” contains five Ethereum Improvement Proposals (EIPs), each featuring code changes aimed at optimizing and improving the world’s second-largest cryptocurrency by market capitalization. Of these five EIPs, EIP 1559 has been the most controversial among Ethereum stakeholders due to its radical redesign of the network’s fee… Source link
Read More »Comparing Ethereum’s Previous Cycle to its Recent Cycle
In this article, we will take a look at the price movement for Ethereum (ETH) in the 2015-2018 bullish cycle and compare it to the current one. While both upward movements have continued for a similar amount of time, the 2020 movement had a much smaller magnitude than the movement preceding it. First bullish cycle The first upward movement for ETH began on Oct. 2015. At the time, the token was trading at a low of only $0.42. The upward movement continued for 812 days, leading to a then all-time… Source link
Read More »Ethereum’s Ether Cryptocurrency Sets New All-Time Price High Above $1,450
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link
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