Cryptocurrency

How To Trade Ethereum ?!! ETH Technical Analysis & Ethereum Price Prediction December 2020

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How To Trade Ethereum ?!! ETH Technical Analysis & Ethereum Price Prediction December 2020

Ethereum 2.0 has basically been in the works since Ethereum was created back in 2015. This is because Ethereum’s founders knew at the outset that it was only a matter of time before Ethereum’s 15 transactions per second would not be enough to sustain its growing number of decentralized applications and their users.

Ethereum 2.0 will drastically increase the efficiency of the network. This is possible thanks to something called ‘sharding’, a technology that has been used in database systems for years to improve efficiency. In Ethereum 2.0, each sharded chain will be able to manage its own subset of user accounts and decentralized applications within the ecosystem.

In the Fidelity Digital assets survey, they found:

– 80% of investors find something appealing about the asset class
– 36% say they are currently invested
– 60% said that crypto has a place in their portfolio
– 11% said they had exposure to Ethereum

When it comes to the PWC Report, in total, crypto hedge funds saw their AUM double from 1 billion to 2 billion over the year.

You also saw an increase in the average size of these funds with the percentage of funds with greater than 25 million AUM increase from 19% to 35%.

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