The article below was written by Omkar Godbole, a market reporter for CoinDesk who produces technical chart-based price updates on Bitcoin and other alternative currencies. It was published on coindesk.com on April 2, 2021.

 

All cryptocurrencies besides BITCOIN can be referred to as ALT COINs. Ethereum happens to be one with a great USE CASE and is why it is probably the second most valued coin behind Bitcoin on CoinMarketCap.com.

 

The value of Ethereum has grown over the years and if you had invested just $100 in Ethereum on October 16, 2015, when it was valued at approximately $0.53 cents, your investment would be worth over $378,000 today.

 

Ethereum is scheduled for another growth period, so, if you are still sitting on the fence about cryptocurrencies, you need to start your due diligence today!

 

Cryptocurrencies are the modern-day “GOLD RUSH,” and like the California Gold Rush in the 1850s, people who got in early are going to become wealthy.

 

Like all cryptocurrencies, Ethereum can be broken down into many parts, so do not worry about trying to buy one coin at a time if you cannot afford the $2,000+ per coin price.

 

Ethereum can be broken down to its smallest part which is called a “GWEI” or gigawei or 1 ether = 1,000,000,000 gwei (109). 1 gwei = 0.000000001 ether.

 

It can be confusing if you do not understand the language associated with cryptocurrencies. Just think of a gwei like you would think of a penny when dealing with dollars.

 

In addition to being a way to transfer money from one person to another quicker and cheaper than traditional money transfer systems, Ethereum also gives us Smart Contracts.

 

To give you an idea of its use, JP Morgan Chase built its Cryptocurrency Exchange on the Ethereum Blockchain.

 

When JP Morgan Chase’s CEO Jamie Dimon was asked about his change of mind about cryptocurrencies, he said his mind had not changed, but he does believe in the technology behind cryptocurrencies and that is the BLOCKCHAIN!

 

Ethereum and ALTCOINS Accumulation Strategies

 

  1. You can buy Ethereum and hold on to it in a private Cold Storage wallet
  2. You can buy Ethereum and Stake it where you are paid a percentage daily, weekly, or monthly.
  3. You can buy Ethereum and trade it. If you know nothing about Cryptocurrency Trading, you can find more information about it by clicking on the Cryptocurrency Trading link in the main menu above.

Those are just a few of the things that you can do with Ethereum.

 

As always, conduct your own due diligence so that you make an educated decision instead of one based on emotions.

 

Read the article below, leave a comment, share on your social media pages, and subscribe to my blog so that you can be notified when new content is posted.

 

DISCLAIMER: I am not a financial advisor, planner, or CPA, and I am not giving anyone investing advice, I am just sharing information I know and use in my own decision-making about cryptocurrencies. If you need financial advice, please seek the advice and guidance of a licensed financial advisor, planner, or CPA with knowledge of cryptocurrencies.

The article below can be found at the following website URL:

https://www.coindesk.com/ether-price-rises-above-2k-for-first-in-six-weeks

 

Ether Price Jumps to All-Time High of $2,074

Ether is rallying in the wake of Visa’s decision to facilitate crypto-based settlements via the Ethereum blockchain.

Omkar Godbole

 

Apr 2, 2021 at 4:52 a.m. EDTUpdated Apr 2, 2021 at 11:37 a.m. EDT

Ether Price Jumps to All-Time High of $2,074

Ether (ETH, +6.45%) jumped 5% Friday to a new all-time high as the second-biggest cryptocurrency extended its winning streak to five days.

  • The cryptocurrency traded as high as $2,074.46 around 15:00 UTC, according to CoinDesk 20 data, surpassing the previous high of.
  • The price has rallied 18% this week in the wake of Visa’s decision to facilitate crypto-based settlements on the Ethereum blockchain network.
  • Ether, the native cryptocurrency for Ethereum, has nearly tripled in price this year.
  • In an announcement on Monday, the payments giant said it is working on a program to settle transactions in stablecoin USD Coin (USDC (+0.03%)) over Ethereum with its partner Crypto.com.

Ether’s daily chart

Source: TradingView

  • Ether’s daily chart shows a symmetrical triangle breakout. The pattern indicates that the multi-week consolidation has ended, and the broader uptrend has resumed.
  • The options market is making big bets on the second-largest cryptocurrency, as seen below.

Ether options data

Source: Genesis Volatility, Twitter

  • According to data tweeted by options analytics platform Genesis Volatility, traders are aggressively buying the $25,000 call option expiring on Dec. 31, 2021, listed on Deribit, the world’s largest crypto options exchange by trading volumes and open interest.
  • Seasonality favors a more substantial rally in ether than bitcoin (BTC, +0.79%) over the near term.
  • “Ether has outperformed bitcoin in every May till date,” Timothy Peterson, an analyst at Cane Island Alternative Advisors, told CoinDesk in a Twitter chat.

Ether’s performance relative to bitcoin

Source: Cane Island

163 thoughts on “The Potential for Growth with Ethereum and Other ALT Coins

  1. You actually suggested it fantastically.
    [url=https://domyhomeworkformecheap.com/]coursework writing service uk[/url] do my homework for me [url=https://domycollegehomeworkforme.com/]homework[/url] coursework help uk

  2. Kudos! Lots of advice!
    [url=https://topswritingservices.com/]best resume writing service 2020[/url] custom essay writing service org reviews [url=https://essaywriting4you.com/]cheap essay service[/url] cheap essay writing service us

  3. Thanks a lot. Valuable information!
    [url=https://customthesiswritingservice.com/]argumentative essay thesis[/url] customer service thesis [url=https://writingthesistops.com/]thesis paper[/url] good thesis statement

  4. Thank you, Ample forum posts!
    [url=https://bestpaperwritingservice.com/]buy psychology papers[/url] buy a college paper [url=https://bestonlinepaperwritingservices.com/]custom papers review[/url] buy college paper online

  5. Very good tips. Thanks a lot!
    [url=https://essaytyperhelp.com/]cheap essay help[/url] essay on the help [url=https://helptowriteanessay.com/]how to write a college essay[/url] help writing college essay

  6. Seriously loads of awesome knowledge!
    [url=https://payforanessaysonline.com/]buy my essay[/url] essays for sale [url=https://buycheapessaysonline.com/]order of essay writing[/url] buy cheap essay

  7. You made your point pretty clearly!!
    [url=https://bestpaperwritingservice.com/]pay for research paper[/url] american paper writing service [url=https://bestonlinepaperwritingservices.com/]buying papers[/url] custom paper writing service

  8. You actually expressed this effectively!
    [url=https://customthesiswritingservice.com/]argumentative essay thesis[/url] customer service thesis [url=https://writingthesistops.com/]define thesis[/url] thesis writing service reviews

  9. Regards! I appreciate this!
    [url=https://customthesiswritingservice.com/]customer service thesis[/url] define thesis [url=https://writingthesistops.com/]psychology thesis[/url] thesis writing tips

  10. Fine knowledge. Cheers.
    [url=https://dissertationwritingtops.com/]buy dissertation paper[/url] dissertation proposal help [url=https://helpwritingdissertation.com/]professional dissertation writing[/url] dissertations

  11. Amazing many of beneficial data.
    [url=https://writingpaperforme.com/]writing a paper[/url] online paper writers [url=https://custompaperwritersservices.com/]lined writing paper[/url] write my paper reviews

  12. Regards. Terrific stuff!
    [url=https://theessayswriters.com/]essay writers online[/url] someone do my essay for me [url=https://bestcheapessaywriters.com/]while revising an argumentative essay a writer should[/url] write my essays for me

  13. Excellent info. Appreciate it!
    [url=https://ouressays.com/]research paper helper[/url] buy a research paper online [url=https://researchpaperwriterservices.com/]research paper to buy[/url] writing a phd proposal

  14. With thanks! I value this!
    [url=https://theessayswriters.com/]best essay writers[/url] online essay writers [url=https://bestcheapessaywriters.com/]write my paper for me free[/url] what should i write my college essay about

  15. You suggested it terrifically!
    [url=https://payforanessaysonline.com/]buy an essay online[/url] pay for essay [url=https://buycheapessaysonline.com/]buy essays[/url] buy essays

  16. Thanks. Useful information.
    [url=https://essaypromaster.com/]how to write a reaction paper[/url] essay writers [url=https://paperwritingservicecheap.com/]paper writer services[/url] persuasive essay writer

  17. Many thanks. I value this!
    [url=https://service-essay.com/]pay to write paper[/url] pay for college papers [url=https://custompaperwritingservices.com/]buy a paper[/url] pay for paper

  18. Cheers! A lot of forum posts!
    [url=https://customthesiswritingservice.com/]argumentative thesis[/url] doctoral thesis [url=https://writingthesistops.com/]thesis[/url] thesis statements

  19. Wonderful write ups. Thank you!
    [url=https://homeworkcourseworkhelps.com/]do my programming homework[/url] hire someone to do my homework [url=https://helpmedomyxyzhomework.com/]do my programming homework[/url] my homework

  20. Useful material. Regards!
    [url=https://domyhomeworkformecheap.com/]do my math homework[/url] pay someone to do my homework [url=https://domycollegehomeworkforme.com/]reddit do my homework[/url] do my finance homework

  21. Thank you! Quite a lot of postings.
    [url=https://englishessayhelp.com/]essay helper free[/url] college application essay help [url=https://essaywritinghelperonline.com/]essay writer[/url] essay bot

  22. Wonderful tips. Thank you.
    [url=https://phdthesisdissertation.com/]dissertation paper[/url] dissertation writers [url=https://writeadissertation.com/]dissertation service[/url] dissertation assistance

  23. You mentioned it fantastically!
    [url=https://bestpaperwritingservice.com/]buy a paper[/url] paper writer services [url=https://bestonlinepaperwritingservices.com/]custom research paper writing services[/url] professional paper writing service

  24. You said it really well!
    [url=https://topswritingservices.com/]college essay writing services[/url] paper writing services for college students [url=https://essaywriting4you.com/]buy essay online writing service[/url] resume writing services

  25. Nicely put. Regards.
    [url=https://hireawriterforanessay.com/]write my paper for me free[/url] essay writers [url=https://theessayswriters.com/]write my thesis for me[/url] write essay

  26. You definitely made the point!
    [url=https://domyhomeworkformecheap.com/]do my college homework[/url] do my math homework for me [url=https://domycollegehomeworkforme.com/]do my math homework[/url] do my homework

  27. With thanks. I value this!
    [url=https://hireawriterforanessay.com/]write an essay[/url] website that writes essays for you [url=https://theessayswriters.com/]write my essay cheap[/url] write essay

  28. Truly loads of wonderful facts!
    [url=https://domyhomeworkformecheap.com/]do my college homework[/url] do my homework for money [url=https://domycollegehomeworkforme.com/]homework help cpm[/url] do my college homework

  29. Wow loads of beneficial knowledge.
    [url=https://payforanessaysonline.com/]pay for papers[/url] pay someone to write your paper [url=https://buycheapessaysonline.com/]buy essay online[/url] buy essays online

  30. Thank you. Lots of content.
    [url=https://writingpaperforme.com/]write my paper reviews[/url] paper writing [url=https://custompaperwritersservices.com/]paper writer online[/url] online essay writer

  31. You said it perfectly..
    [url=https://essaypromaster.com/]professional essay writers[/url] how to write a philosophy paper [url=https://paperwritingservicecheap.com/]paper writers for college[/url] online essay writer

  32. Amazing info. Cheers.
    [url=https://essaypromaster.com/]best essay writers[/url] pay someone to write my paper [url=https://paperwritingservicecheap.com/]online essay writers[/url] how to write a reflective paper

  33. Helpful data. Thank you!
    [url=https://helpwithdissertationwriting.com/]dissertation assistance[/url] dissertation writing services reviews [url=https://dissertationwritingtops.com/]dissertation help services[/url] dissertations online

  34. You made your point extremely effectively..
    [url=https://studentessaywriting.com/]essay writing service[/url] top rated essay writing service [url=https://essaywritingserviceahrefs.com/]custom paper writing service[/url] australian essay writing service

  35. I do believe all the ideas youve presented for your post They are really convincing and will certainly work Nonetheless the posts are too short for novices May just you please lengthen them a little from subsequent time Thanks for the post

  36. Yesterday, while I was at work, my cousin stole my apple ipad and tested to see if it
    can survive a 30 foot drop, just so she can be a youtube
    sensation. My apple ipad is now broken and she has 83 views.
    I know this is completely off topic but I had to share it with someone!
    I saw similar here: sklep internetowy and also here:
    sklep internetowy

  37. My brother recommended I might like this website. He used to
    be totally right. This post actually made my day. You can not believe simply how much time I had spent for this information! Thank you!
    I saw similar here: Sklep internetowy

  38. Your best source for free and live chat with adults in a sexually charged environment. Over the years and even more recently, sex chat usage has increased significantly. Users are in search of a platform that allows adults to gather together in one common setting. There, they can make new friends or satisfy their deepest sexual fantasies. Are you tired of the typical adult chat rooms you see on internet? Are you looking for something more unique with hundreds of people logged in at all times? You can have great time here : https://bit.ly/Free-Adult-Webcams

  39. Howdy! Do you know if they make any plugins to assist with
    Search Engine Optimization? I’m trying to get my blog to rank for some targeted
    keywords but I’m not seeing very good success. If you know of any please share.
    Many thanks! You can read similar art here: Dobry sklep

  40. Howdy! Do you know if they make any plugins to assist with SEO?
    I’m trying to get my blog to rank for some targeted keywords but
    I’m not seeing very good results. If you know of
    any please share. Cheers! You can read similar art here: Najlepszy sklep

  41. Howdy! Do you know if they make any plugins to help with Search Engine Optimization? I’m trying to get
    my site to rank for some targeted keywords but I’m
    not seeing very good success. If you know of any please share.
    Cheers! You can read similar art here: List of Backlinks

  42. Hey! Do you know if they make any plugins to help with Search Engine Optimization?
    I’m trying to get my website to rank for some targeted keywords but I’m
    not seeing very good results. If you know of any please share.
    Thank you! You can read similar blog here: GSA Verified List

  43. Benefits of Magnetic Power Generator. All around the world shortage of power is a common problem and that is why people are in search of some reliable and cheap source of electricity. Many people are using magnetic generators and the reason behind this is that they get many advantages through them.This generator is very easy to install in your home in a limited place without disturbing the original settings of your house. All you need is a little spare space to install this. This will help you to reduce your normal electricity bill. You can use this as an energy supplier for most of the times so you do not need to switch back to your old ways of power consumption. As soon as you start using this source of energy in your house you will see a noticeable saving in your income.It doesn’t produce any harmful gases that can damage environment. In this generator, magnets will generate energy which is usable in any condition. The cost of having this power generator is not high at all. It is the cheapest source of power generation in the modern era of technology. The main thing in this generator is a magnet which works along with a small wheel.As you already know that it is free of cost and there is no third party involved in installing this generator, so you won’t need any maintenance from some expert. You can maintain it on your own by cleaning it at regular intervals. This is the most ideal thing to place in your home as a source of electricity. It can hold the energy sufficient to handle all the appliances of the house. A family of 4 to 6 is very ideal for this type of energy generation device.No harmful rays and no complex electric motors are involved here so you shouldn’t worry about the safety of your family and friends. Unlike other free electric generation devices, this doesn’t need any solar power or wind. It will work on its own without any source of external natural energy. Weather will not affect the performance or generation of energy from this magnetic generator. As it doesn’t depend on any external source so this would be an uninterrupted source of power generation. You can find more info here: https://bit.ly/MagnetsForEnergy

  44. The central theme of Atomic Habits is that massive success doesn’t come from huge leaps, but rather from small, consistent improvements. Just as atoms are the building blocks of matter, seemingly insignificant “atomic habits” have the power to compound into extraordinary outcomes.

  45. Cheap Electricity Through magnetic generator. As needs of the time are changing therefore, it had become very important to find new ways and sources for generating energy. In order to have a serious progress in your daily life, you must discover new ways of cheaper energy generation. Producing cheaper energy is very important and essential requirement of our life because the cost of energy is continuously increasing all over the world. When a person is out in the field to search for the cheapest ways of generating electricity, he ultimately finds out that magnetic generator is one of the cheapest techniques in use these days. Cheap electricity through generator is a dream that has come true. Electricity that is generated through magnetic generator is very cheap than any other alternatives. If we talk about wind or solar energy we need huge initial investment and large space for their installation. These alternatives are based on climatic conditions but a magnetic generator is free from all such hinders and it always gives best performance. We all know that the magnets posses a special characteristic of polarity as a result of which they work uninterruptedly. This continuous motion compels the internal turbine to move and produce electricity. Magnetic generator users do not pay high amount of electric bills, which usually eat a major chunk of hard earned income common people. Magnetic generator does not wait for wind, solar light or any other environmental effect for its processing. Magnetic generator would definitely reduce your electricity bill up to 40 percent to 50 percent and sometimes even up to 80 percent. These reductions in the bills make one feel relaxed and comfortable. You need not to wait for electricity Supply Company to fix your problem. Now you can generate your own electric current using magnetic generator. These generators are also environment friendly. They do not produce any toxic fumes during their functioning. They do not produce loud sounds. You can place it at any convenient part of your home. They are easy to use and have almost no bad effects. This is one of the cheapest ways of producing energy. You can find more info here : https://bit.ly/MagnetsForEnergy

  46. Wow, superb weblog structure! How lengthy have you ever been running a blog for?
    you make running a blog glance easy. The full look of your site
    is great, as well as the content! You can see similar here ecommerce

  47. Wow, fantastic blog format!
    How long have you ever been running a blog for?
    you make running a blog glance easy. The total glance of your web site
    is magnificent, let alone the content material! You can see similar
    here prev next and those was wrote by Alyssa69.

  48. Wow, superb weblog format!
    How long have you ever been blogging for? you make running a blog look easy.
    The overall look of your web site is excellent, as well as the content material!

    You can see similar here prev next and those
    was wrote by Gracie65.

  49. Your best source for free and live chat with adults in a sexually charged environment. Over the years and even more recently, sex chat usage has increased significantly. Users are in search of a platform that allows adults to gather together in one common setting. There, they can make new friends or satisfy their deepest sexual fantasies. Are you tired of the typical adult chat rooms you see on internet? Are you looking for something more unique with hundreds of people logged in at all times? You can have great time here : https://bit.ly/Free-Adult-Webcams

  50. I’ve been browsing online more than 3 hours these days, but I by no means discovered any attention-grabbing article like yours. It is pretty worth enough for me. In my opinion, if all website owners and bloggers made excellent content material as you did, the net will likely be a lot more helpful than ever before!

  51. Hi! I could have sworn I’ve visited this site before but after browsing through a few of the posts I realized it’s new to me. Nonetheless, I’m definitely happy I found it and I’ll be book-marking it and checking back often!

  52. Your style is very unique in comparison to other folks I have read stuff from. Many thanks for posting when you have the opportunity, Guess I will just bookmark this page.

  53. Hello! Do you know if they make any plugins to help with SEO?

    I’m trying to get my site to rank for some targeted
    keywords but I’m not seeing very good results.
    If you know of any please share. Thanks! I saw similar art here:
    blogexpander.com

  54. Can I simply just say what a relief to uncover an individual who actually knows what they are talking about on the internet. You certainly understand how to bring an issue to light and make it important. A lot more people really need to read this and understand this side of the story. It’s surprising you aren’t more popular because you most certainly have the gift.

  55. An impressive share! I’ve just forwarded this onto a colleague who has been doing a little homework on this. And he actually ordered me breakfast simply because I found it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending some time to talk about this subject here on your site.

  56. It is perfect time to make some plans for the future and it’s time to be happy. I’ve read this post and if I could I desire to suggest you few interesting things or advice. Perhaps you could write next articles referring to this article. I desire to read even more things about it!

  57. Good post. I learn something new and challenging on websites I stumbleupon on a daily basis. It will always be exciting to read through articles from other writers and use a little something from other websites.

  58. Your style is so unique in comparison to other people I’ve read stuff from. Thanks for posting when you’ve got the opportunity, Guess I will just book mark this site.

  59. That is a really good tip particularly to those fresh to the blogosphere. Brief but very precise information… Thank you for sharing this one. A must read post!

  60. Having read this I believed it was rather informative. I appreciate you taking the time and energy to put this information together. I once again find myself spending a lot of time both reading and leaving comments. But so what, it was still worthwhile!

  61. Good day! I simply would like to give you a huge thumbs up for your great info you’ve got here on this post. I am returning to your site for more soon.

  62. I’m amazed, I have to admit. Rarely do I encounter a blog that’s equally educative and engaging, and let me tell you, you’ve hit the nail on the head. The issue is something that not enough people are speaking intelligently about. I’m very happy that I stumbled across this during my search for something relating to this.

  63. You’re so awesome! I do not think I’ve truly read through a single thing like this before. So wonderful to find somebody with genuine thoughts on this topic. Seriously.. thanks for starting this up. This website is something that is required on the internet, someone with a little originality.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>