Former CEO of Goldman Sachs: Ethereum will soon be on Bitcoin

2021-9-2 15:08
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Golden Finance reports that Raoul Pal, former CEO of Goldman Sachs and now Founder and CEO of Real Vision, believes Ethereum will be faster than Bitcoin. In an interview with YouTuber BitBoy Crypto and 1.22 million users, Pal said Ethereum could reach the market value of Bitcoin this year. In the next bull market, Ethereum will outperform Bitcoin forever. The reason for using Pal is that Ethereum (ETH) has many applications related to industry, NFTs, and development. Compared to Bitcoin at the same level, the network user base is also growing more. In addition, the modified EIP-1559 will reduce ETH material, limit ETH, and make it more efficient. Additionally, with the advent of ETH 2.0, Ethereum could grow exponentially. However, due to the increase in prices, most Bitcoin (BTC) holders prefer to hold it for a long time. BTC can serve as the basis for global currencies, but other cryptocurrencies can serve the same purpose. (Cryptographic News Flash)

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The cryptocurrency owned by the entire BitcoinGroupSE investor base stands at € 182.8 million.
As of August 30, 2021, the value of cryptocurrencies held by Futurum Bank AG, the wholly-owned subsidiary of Bitcoin Group SE, was € 182.8 million, compared to € 170 million in February 2021. The largest in the case of holding bonus is 10,232 ETH and 3,673 BTC. In addition, the group's cash and cash equivalents are estimated at 15 million euros. In total, the total assets of assets, cash and cash equivalents amounts to 197.8 million euros, exceeding the current market capitalization of Bitcoin Group SE by 184.8 million euros. (DGAP.DE)
2021-9-2 15:14