06 Dec Ethereum is better than Bitcoin in 2018: ConsenSys, Enterprise Ethereum Alliance, ICO ’s…
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Ethereum is better than Bitcoin in 2018: ConsenSys, Enterprise Ethereum Alliance, ICO ’s and smart contracts
Ibtimes has published an article about the future of Ethereum. The Ethereum ecosystem is faring slightly better than bitcoin in terms of price. According to OnChainFX Ether prices grew 10,298 percent since this time last year. Organizations such as ConsenSys and the Enterprise Ethereum Alliance drove institutional engagement while the initial coin offerings fundraising trend created hundreds of new Ethereum-based tokens. CoinMarketCap estimates Ethereum’s global market cap now exceeds $107.5 billion.
Regulators worldwide are cracking down on questionable ICOs, which could impact ether itself. “There is definitely demand for Ethereum when there are ICOs being launched,” Matthew Gertler, senior analyst at Digital Asset Research, told International Business Times. “But we don’t have numbers to quantify how much of these [ether tokens] went into ICO projects to…
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