Is Ethereum a good Investment?

The Chinese University of Hong Kong and ConsenSys launched Covid-19 digital health passport which will help to record Covid test results, temperature checks, and vaccinations.

The passport was built on the Ethercum Blockchain using ConsenSys Quorum and Codefi Orchestrate.

Charles d’Haussy, ConsenSys’s managing director for APAC, shared that the program will be tried with the hospital staff only, before including other larger groups.

Investment banking giant Goldman Sachs, gears towards offering Ether derivatives products in the upcoming months.

This is a major uptick for Ethereum as it gains more Institutional adoption.

Mathew McDermott, Goldman’s managing director of digital assets acknowledged this on Monday when he said that Institutional adoption will continue as ETI I receives more interest.

He confirmed the investment bank’s move into Ethereum options and futures.

Even in the stagnation level of Etheruem, not passing the 2,8oo limit, Whales are however still holding 1,000 to 10,000 ETH and are not looking at selling any bit of it.

This is from the report by the team at Santiment, they noted the whales started accumulating Eth since October 2020.

Ethereum Whales are committed to keep holding even the ranging times of $2000 mid levels. Holders are waiting for the next move in the market.

What do think? It is time for investing in Ethereum yet?

Author: Mcrypto

34 thoughts on “Is Ethereum a good Investment?

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  2. Good article, ethereum has gone below the 2000$ mark and will probably continue to decline for the next few days, but i am expecting an increase in price after those few days.

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