Ethereum is back in double digits

Today’s Video Briefing takes a look at the latest bump in Ethereum’s wild ride. The price of ether tokens is back in double digit territory, after a year-long bubble that saw it crossing the thousand-dollar mark. Despite some very high hopes, the platform has not been able to handle serious levels of throughput, even from comparatively small decentralized applications.


Kiana takes a look at some of the new technologies that could give Ethereum a new lease on life, with higher levels of transaction throughput and a greener footprint. “Ethereum 2.0” could be a game changer. Let’s just hope it doesn’t arrive after the game is already over.


Then Kiana takes a look at the daily chart to see how deep this drop can go. As the $80 support line weakens, the ether token could threaten even further declines. It might look like the end of the road for Ethereum, but looks can be deceiving.


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Is there hope for Ethereum, or is the bubble popped for good? Let us know what you think! 


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The post Ethereum’s High, High Hopes May be Shattering appeared first on Crypto Briefing.




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