Given the frenzy that we are living through, it makes sense that many believe once Bitcoin and Ethereum end their respective bull runs, capital will flow into altcoins like we’ve never seen before. This begs the question: is it really worth diversifying your portfolio and going beyond Bitcoin and Ethereum?
This post isn’t going to be about the short-term gains of Ethereum. Instead, we would like to explore the fundamental reasons why Ethereum is catching up to Bitcoin, and whether or not this trend will continue in the long run. Could it be possible that Ethereum will one day surpass Bitcoin as the most valuable cryptocurrency in the world? Let’s talk about it.
Crypto News RoundUp: Cardano and Stellar are Hitting the Stock Market, and the Doge Frenzy Strikes Again, But Not How You Think
It’s been another great week for cryptocurrency as the values of the top coins continue to rise and Ethereum once again steals the show. But the Netcoins crypto news roundup is not always about the overall price action of the market as you know. This week’s news has investors excited as Cardano, Stellar, Dogecoin and more.
To help you understand the true potential of NFTs and how they are going to change the world, we’ll start by providing you with an all-encompassing definition. Then, we’ll go into specific categories of NFTs and explain why they have value.
“Bitcoin is bad for the environment” is a pervasive headline we see in major publication sites like the New York Times and Bloomberg. This isn’t just a difference in opinion though, it’s misinformed reporting by journalists who are rarely – if ever – positively disposed to bitcoin.
These critics say bitcoin mining is damaging to the world, which by that nature, makes the bitcoin community a bunch of bad people who don’t care about the environment. In today’s post we’ll show you that bitcoin mining does more for the environment than the traditional monetary system does.
In 2010, Laszlo Hanyecz, bought 2 large Papa John pizzas in exchange for 10,000 bitcoin (worth around $25 at the time). Today, those 10,000 bitcoin are worth over $500 million. Not only has the price skyrocketed since then but we’re seeing bitcoin dominating the financial industry from corporations, to local municipalities, to institutions and banks.