A different story of each crypto currency cycle and the story of this cycle is the influx of corporate investor. We are in a very different process than previous Defi, NFT, Metaverse, ICO and so on Hype. Half billion Dog His move has arrived and now Dge continues with a 20 %earnings. We see something similar to Ether and the price goes for $ 5,000. The reason is very clear.
Why does Ethereum rise?
ETH, which exceeds $ 3,520 as expected, is now targeting over $ 4,000. After the exceeding of $ 3,000, we have written that this is what we will see, that new resistance tests are only time issue. It was exactly as we expected. ETHBTC We see developments that maintain the recovery in the parity and are extremely supportive for Ether.
ETHBTC The parity is over 0.03btc after 166 days.
Yesterday we talked about the details of why Ethereum ecosystem made a great profit yesterday. There will be more, we will see the days when the size of the stablecoins increases rapidly, and that the Ethereum ecosystem feeds more.
Ethereum Treasury Company
In 2020, Michael Saylor took the step to form the basis of our cycle. Bitcoin $119,075.53 He made a huge profit by converting the reserve to his company. His shares reached the highest level of 25 years. Even the summit price in the Dotcom balloon was on. At the point we come today, everyone imitates Saylor.
Dozens of Bitcoin treasure It has a company. In order to emphasize the potential to invest in lower budgets and make more profit, as if not enough, we see that Altcoin treasury companies are starting to enter our lives. For solana and ethereum, even dogecoin $0.240307 Even reserve companies are born for.
Crypto mining Bit Digital Inc is on the Ethereum side. The company sold 67.3 million dollars of shares and strengthened their cash reserve and received 19,683 ETH. Thus, 120.306 ETH reached a great reserve.
Ether finds more than $ 3,600 after Digital’s last statement. Yesterday Ethereum ETF‘s 602 million dollars of a net entered. The previous day is 726 million dollars and they have a much lower market value compared to BTC, as they have a huge figures in terms of Ethereum. If it wouldn’t be a big surprise, if the positive feeling in crypto coins does not suddenly reversed, Ethereum (ETH) $3,615.58 It can exceed the threshold of $ 5,000 on a non -distant date.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.