ביליאַנער מייק נאָוואָגראַץ זאגט אַז מערדזש ענטוזיאַזם וועט 'פאָרזעצן צו ציען געלט אין עטהערעום'

איינער פון די קריפּטאָקוררענסי מאַרק most ardent supporters has shared his opinions on the future of the market’s second-largest asset, Ethereum (ETH), as the digital assets shifts from the Proof-of-Work (פּאָוו) to the Proof-of-Stake (PoS) algorithm.

גערעדט מיט CNBC ס Squawk Box on August 10, Mike Novogratz, the CEO of cryptocurrency investment firm Galaxy Digital, גילוי that he currently considers Ethereum his highest conviction crypto trade due to the imminent צונויפגיסן upgrade.

“It’s moved a lot, but this Merge is a big deal it takes the supply of mining that used to constantly sell and actually locks it up in what we call Hodlers and long-term contracts, so you’re going to see the supply-demand imbalance in Ethereum really shift.”

ער צוגעגעבן: 

“Prices are always set on the margin so I think that was the enthusiasm that this Merge finally happening is going to continue to draw money into Ethereum.”

צונויפגיסן אַפּגרייד

Notably, Ethereum has taken the top trending crypto spot on August 10 as the upcoming Merge nears, while also recently ETH futures trading volume reached a 3-month high ahead of the upgrade.

Notably, since the upgrade was announced, the value of ETH has increased, with the price resisting the market collapse. In turn, experts are anticipating several developments on the network. A recent report said that the Merge would function as a catalyst to propel Ethereum towards becoming a “global institutional-grade asset.”

Meanwhile, with the קפּי באַריכט coming back at 8.5% lower than expected, the US Dollar Index dropped, while אַקיאַפּייז and crypto rallied. 

In response, Ethereum jumped to trade at  $1,830, up as much as 6.81% on the day and over 10% in the last week with a market cap of more than $223 billion.

אָפּלייקענונג: דער אינהאַלט אויף דעם פּלאַץ זאָל ניט זיין געהאלטן ינוועסמאַנט עצה. ינוועסטינג איז ספּעקולאַטיווע. ווען ינוועסטינג, דיין קאַפּיטאַל איז אין ריזיקירן.

פיטשערד בילד דורך בלומבערג ס יאָוטובע (סקרעענשאָט).