The world of cryptocurrency is a space that never sleeps. Ethereum, the second-largest cryptocurrency by market capitalization, often finds itself at the center of fierce debates. Ethereum was supposed to be the ultimate opponent. Or is it the “digital oil” that’ll power the coming wave of decentralized applications? Amahle Nkosi,...
The digital oil analogy. It sounded so… futuristic. So inevitable. Ethereum, the engine of a collaborative decentralized world, democratizing opportunity and empowering innovators to disrupt legacy systems. We were promised a revolution. Let's be honest with ourselves: the fumes are getting thick, and the engine is sputtering.Is Ethereum Truly Serving...
Vitalik Buterin, then a 19-year-old Canadian programmer, dreamed up the idea for Ethereum in 2013. Since then, it’s sailed on a stormy course fraught with spectacular highs and lows, with a close-to-death hacking incident in 2016. Even in the face of these obstacles, Ethereum experienced a historic technological leap forward...
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...
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...
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 (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...
