Ethereum Demand Shock Incoming? Bitwise Weighs In – Crypto News Bitcoin News

Ethereum Price To Continue Rising in the Months Ahead Driven by One Catalyst, According to Bitwise CIO Matt Hougan - The Daily Hodl

The chief investment officer of the crypto asset management firm Bitwise says that Ethereum should continue growing in the coming months as demand for ETH increases. In a new thread on the social media platform X, Bitwise CIO Matt Hougan says that the second-largest digital asset by volume will continue rising due to overwhelming demand for it. “ETH is on a tear. After trading steadily downward for the first four months of the year, it has rebou…

Growing Corporate Interest in Ethereum Highlights Shift in Crypto Investment Strategies

Recent data indicates a significant trend among corporations expanding their cryptocurrency holdings to include Ethereum, alongside the traditionally dominant Bitcoin. This movement underscores a broader recognition of Ethereum’s utility in blockchain technology and decentralized finance (DeFi) applications. While Bitcoin continues to be the preferred choice for many corporate treasuries, the allure of Ethereum’s versatile platform is drawing mo…

Ethereum Demand Shock Incoming? Bitwise Weighs In – Crypto News Bitcoin News

Matt Hougan, CIO of Bitwise, believes that the trend of Ethereum Treasury Companies will accelerate, prompting new investors to enter the space and purchase ether even at premium prices. He estimates that demand for ether will outpace production at a ratio of 7:1 over the next year. Bitwise: Ethereum Treasury Trend to Last, Demand Shock […]