digital oil

ETH to $80K? Why Experts Call Ethereum 'Digital Oil'

ETH to $80K? Why Experts Call Ethereum 'Digital Oil'

Ethereum, often hailed as the world's computer, is now being compared to something far more tangible: oil. An institutional report published by Blockchain Capital, The Bull Case for ETH, argues that Ethereum is not just undervalued, but very severely undervalued. It establishes a new long-term price target of up to...

Beyond the Hype: How 'Digital Oil' ETH Can Empower African Communities

Beyond the Hype: How 'Digital Oil' ETH Can Empower African Communities

The most recent report going so far as to name ETH “digital oil” has caused a stir, and for good reason. While Wall Street strategists salivate at the prospect of annualized returns, let’s speak to tangible impact. Put aside the genopolitics and charts and graphs for one brief minute. Think...

ETH to $8K? New 'Digital Oil' Valuation Framework Explained

ETH to $8K? New 'Digital Oil' Valuation Framework Explained

The crypto community is abuzz about Etherealize’s brave new valuation paradigm for Ethereum. They refer to it as “digital oil” and boast a long-term price target of $8,000. This framework attempts to justify Ethereum's value by drawing parallels to traditional commodities, sparking debate and raising questions about the plausibility of...

Ethereum Bulls Eye $8,000 Target Amid ETF Inflows and 'Digital Oil' Valuation

Ethereum Bulls Eye $8,000 Target Amid ETF Inflows and 'Digital Oil' Valuation

Ethereum (ETH) is making bullish predictions, with one company claiming that it is a hugely mispriced option. This bullish sentiment comes after massive ETH futures liquidations. Secondly, pro-Ethereum sentiment has padded US spot Ethereum exchange-traded funds (ETFs) with a steady stream of cash. Analysts remain bullish on Ethereum’s long-term price...