Why Ethereum has stagnated? Bitwise answers

Key facts: Ethereum faces risk from US presidential election, says Bitwise Despite all this, Ethereum is like the Microsoft of cryptocurrency networks, he says. “It’s okay to hate Ethereum right now, but this could look like nonsense in the future,” says a recent report from digital asset manager Bitwise, written by its chief investment officer,…

It’s the market cap, stupid!

In the world of cryptocurrencies, optimistic predictions are everywhere. From social media to investment forums, many dream of a future where their favorite assets will be worth a fortune. Or, to put it in the language of the sect (sorry, the “community”), that they will “go away”to the moon”. Influencers and self-proclaimed “experts” claim with…