RATE Group | Why CEOs of Circle, Coinbase, and Major Crypto Firms are Bullish on Ethereum
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Why CEOs of Circle, Coinbase, and Major Crypto Firms are Bullish on Ethereum

20 Jul Why CEOs of Circle, Coinbase, and Major Crypto Firms are Bullish on Ethereum

Posted at 22:46h in Ethereum News by

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ethereum

Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin, the most dominant cryptocurrency in the global market, as of late.

Throughout the past year, Circle, the $3 billion cryptocurrency exchange and payments platform, and Coinbase, the $8 billion cryptocurrency brokerage company which also remains as the biggest digital asset exchange in the world, have continued to express their enthusiasm regarding the growth of Ethereum and its vibrant ecosystem in which hundreds of thousands of developers are building decentralized applications (dApps) to increase the adoption of the blockchain.

Circle and Coinbase CEOs Love Ethereum

This week, on CNBC’s Fast Money, Circle co-founder and CEO Jeremy Allaire said ETH could be the catalyst for the next cryptocurrency rally, due to the “enormous” amount of developer activity on the Ethereum blockchain.

Several analysts have disclosed that ETH…

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