As Altair upgrade nears, looking into Ethereum outperforming Bitcoin ‘at some point’
Ethereum’s transition to proof of stake (PoS) with new protocol upgrades is being implemented to support a seamless transition. Ahead of next week’s Altair Beacon Chain upgrade, ether’s price crested to a new all-time high of $4,361 on 21 October but then it gradually pulled back.
However, the pertinent question is – can this more energy-efficient protocol help Ethereum overtake Bitcoin in the long run.
Following the launch of the Bitcoin futures ETF in the United States, investors’ attention of late has been shifting to Ethereum from Bitcoin, according to crypto market watchers. Justin d’Anethan, head of exchange sales at Nasdaq-listed crypto company EQONEX, in an interview opined,
“With rumors of Ethereum ETFs possibly coming, many investors
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