Ethereum could hit $2,500 by year-end, consulting firm says

[RamboLambo]

Digital currencies traded higher Friday in New York, looking to erase losses from earlier in the week.

The No. 1 virtual currency, bitcoin BTCUSD, +3.26% traded back above $9,000, consolidating above critical support between $8,500 and $9,000. The price of a single bitcoin was last at $9,210.50, up 1.1%, since Thursday’s levels at 5 p.m. Eastern Time on Kraken.

Read: Have bitcoin investors become irrationally bullish (again)?

Ether set for 2018 rally?
DeVere Group, a financial consulting firm, said the price of the second largest digital currency, ether ETHUSD, +3.49% could be in for a record-setting year, predicting the price could rise fourfold.

“The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020,” wrote Nigel Green, founder and CEO of deVere Group, in an email to MarketWatch.
X
See Also
Hope: A Credit Union on a Mission in the Mississippi Delta

Ether was up 4.1% at $674.31.

“This general upswing will be fueled by three mains drivers. First, more and more platforms are using Ethereum as a means of trading. Second, the increased use of smart contracts by Ethereum. And third, the decentralization of cloud computing.”

Green also said regulation in the cryptocurrency sector is inevitable, which will lead to greater investor protection and long-term confidence in the market.

Ether coins, which are underpinned by the Ethereum network, have become the digital currency of choice for new token issuers because of its efficiency and flexibility—the average processing time for transactions on Ethereum is around 14 seconds, compared with Bitcoin’s, which can be up to 10 minutes.

The current market value of ether is $67.4 billion.


https://www.marketwatch.com/story/ether ... 2018-04-27

[Brasch1]

Hello everyone, earn directly to your Blockchain with the aid of Ant-miner S9 which can generate around 0.5 Bitcoins every week because it has a hash rate of 12.93TH/s -+7% Three different Bitcoin mining calculators were used to calculate and all showed the same results equivalent to 0.5 BTC at the current exchange rate.0.1 BTC min investment needed , inbox my miner for more info now on braschadolf2014@gmail.com skype (brasch.adolf2) call or contact me on WHATSAPP +18573099962. I will guide you to success also can help you in trading as well. Cheers