In a lengthy report, US investment bank Goldman Sachs outlined some of its positions on cryptocurrencies and how Ethereum will surpass Bitcoin. What do cryptocurrencies have and do they arouse investment interest? Why will Ethereum surpass Bitcoin? These issues are analyzed in a 40-page report by Goldman Sachs, the American investment bank. Note that the total capitalization of cryptocurrencies on May 24, 2021 was 1.42 trillion. dollars with Bitcoin at $ 35,500 or $ 660 billion total value and Ethereum at $ 2,200 with a total value of $ 248 billion. In total there are over 5,200 different cryptocurrencies but…

If the value of Ethereum reaches $ 8,000 then its total capitalization will be the same as that of Bitcoin Ethereum has grown by more than 400% since the beginning of 2021 and some already claim that Bitcoin could be capitalized. $ 3,940 worth of Ethereum has a total market capitalization of $ 458 billion and $ 48,750 worth of Bitcoin has a total market capitalization of $ 915 billion. For the record, the total capitalization of all cryptocurrencies is 2.28 trillion. dollars Ethereum reached $ 4,063, recording gains of about 450% for 2021 … so far. With a market…

Despite rising metal prices, cryptocurrencies and, above all, Bitcoin are increasingly approaching its value. With the capitalization of the most popular cryptocurrency exceeding 1.47 trillion dollars. and with inflationary pressures intensifying in the US, now hovering above 2%, both crypto and gold, as safe havens for investment, are likely to show further upward trends. But despite the upward trend in precious metals in general, Bloomberg reports that the rise of gold is “indifferent”. “At the moment I do not see any interest in the gold market. It is stuck and I think it will soon be replaced by digital gold,…

The founder of Galaxy Digital, Mike Novogratz, said $1 trillion would soon be injected into the crypto space. Novogratz said that the inflow would come from Baby Boomers, adults between 55 and 75 years of age. According to him, moves by traditional financial institutions to offer crypto products will trigger Baby Boomers’ involvement in the cryptocurrency market. Speaking further during an interview with Reuters Digital Assets Week, Novogratz added that “the money will start coming in early next month.” As stated in a Reuters report, many of the Baby Boomers view Bitcoin as a hedge against inflation sparked by a rush…