Ethereum News: Ethereum is a popular cryptocurrency that has been around since 2013. Ethereum offered an alternative to the Bitcoin protocol and was created by Vitalik Buterin.
Ethereum uses Ethereum Virtual Machine (EVM), which allows for smart contracts and decentralized applications to be built on top of it. Ethereum also features its Turing-complete internal code, meaning that anything can theoretically be computed within the Ethereum system with enough time and memory resources allocated to it.
In this blog post, we will discuss three essential things you should know about Ethereum!
The first important thing you should know is Ethereum’s market cap. Ethereum currently has around $30 billion, second to Bitcoin at over $40 billion.
The next thing that you should know is Ethereum price predictions for 2018 and 2020. There are many Ethereum News outlets out there that have been publishing Ethereum Price Predictions in the thousands!
According to WalletInvestor’s Ethereum price forecast for this year, it will reach up near $1500 by December 31st, 2018 – before falling again drastically into 2019 and 2020, where they predict an even lower price point of about ~$320 per ETH token.
Cointelegraph, on the other hand, claims that “Ethereum Will Hit $2500 By The End Of This Year” (2017), as seen from their article published back in May 2017. Ethereum price forecast for 2020 is around $5000-6000!
The third main point that you should know about Ethereum News before buying Ethereum tokens or mining Ether on your computer is whether Ethereum will scale up fast enough to handle all of these transactions in the future? This question has been plaguing the minds of many potential investors out there who are looking at investing their money into this currency.
Another important thing you should look at when deciding which ETH exchange website(s) would work best for you are fees and costs associated with each platform – wildly if they vary significantly between platforms (take Kraken vs. Coinbase Pro as an example). Transaction charges play a significant role in where you decide to hold your Ethereum, so it’s essential to keep this in mind.
To conclude, Ethereum is an excellent cryptocurrency that has a lot of potentials – but at the moment, there are many reasons why you wouldn’t want to hold ETH over other cryptocurrencies (Bitcoin, for example), especially if you wished to your investment to increase significantly within a short period.
Ethereum News, however, will continue to play an integral role in how things move forward from here on out, and whether or not Ethereum continues being one of the more promising coins out there today remains up in the air for now!