In this week’s newsletter:
- A panel of fintech specialists has predicted that the price of Ethereum will reach $6,500 by year-end.
- The price of bitcoin climbed more than 6% on Monday, hitting its highest level in a month.
- Cryptocurrencies hog the spotlight, but blockchain’s biggest innovations are below the surface, saving billions each year for the world’s largest companies.
Read our weekly round up below.
Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030
Bitcoin.com | February 10, 2022
A panel of fintech specialists has predicted that the price of ethereum will reach $6,500 by year-end. It will then rise to $10,810 by 2025 before more than doubling to $26,338 by 2030.
CNBC | February 7, 2022
The price of bitcoin climbed more than 6% on Monday, hitting its highest level in a month. Bitcoin rose to as much as $44,500, according to Coin Metrics, its highest level since Jan. 5. Back then, it hit a high of $47,013. As of 4:02 p.m. ET, bitcoin traded at $44,068.88.
Forbes | February 8, 2022
Cryptocurrencies like bitcoin and ether grab all the headlines, especially after booming last year and then losing more than $1 trillion in value since November. But in many ways, speculative cryptocurrencies are the least intriguing blockchain application. The most lasting impact will come as more and more multinationals integrate blockchains into their daily operations, unleashing untold efficiencies.
MarketWatch | February 11, 2022
Given that the Super Bowl is as much a social event as a sporting one, it has become the biggest day of the year for advertising. In a world of dispersed viewing of on-demand streams, the game is a throwback to when everybody gathered around to watch a single program. And lots of folks focus on the commercials as much, if not more, than the game itself.
TipRanks | February 10, 2022
A promising upward rally across the cryptoverse has reignited the hopes of another bull run as we move into the second week of February.
The market is stabilizing quickly, pushing overall trading sentiment to “neutral” after multiple months of losses.
Business Insider | February 10, 2022
The total volume of cryptocurrency mergers and acquisitions skyrocketed nearly 5,000% in 2021, mirroring the stunning rally in the price of digital assets, according to PwC.
In a report published in early February, the Big Four accounting firm revealed that the number of deals surged by 4,846% in 2021 with the average transaction size tripling in value from $52.7 million to $179.7 million.