Ethereum has hit record highs ahead of the launch of CME futures, while the oil outlook may be looking brighter, meaning investors expect inflation
Ethereum's price soared by more than 25% this week.
CME Group will launch Ethereum futures this week and the price is at a record high.
The three major forecasters will publish their assessment of the outlook for oil demand in 2021.
Inflation is picking up - should investors be worried? Analysts say "no."
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The first is the pace of innovation on the platform. Most activity in the cryptocurrency space happens on ethereum. In 2020, we saw the emergence of decentralised finance (DeFi). DeFi is analogous to the mainstream financial world, but with the middleman banks cut out.
Ethereum is going in the right direction and will be in a bullish trend for a very long time. However, the main constrains is its very high gas fee.
With more stages in its ETH2.0, it is likely to have a very high demand.