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BUY
A $100,000 call on Bitcoin is interesting. He gets why people buy into huge 25% dips, but he considers Ethereum more interesting and predicts this will double before Bitcoin does.
Cryptocurrencies
RISKY BUY

DECENTRALIZED FINANCE

The advent of the Ethereum blockchain, through its major innovation, the smart contracts, has opened the door to a whole new field unknown until then: Decentralized Finance (DeFi).

Decentralized finance is the set of smart contracts deployed on different blockchains, allowing to reproduce (and improve) some financial applications known until now.

One of the most famous examples we can cite is the DeX or Decentralized Exchange. For example, if you want to buy a crypto-currency x, say Ethereum on Binance, the platform acts as an intermediary, managing your buy and sell orders.

With a DeX, transactions are peer-to-peer, without any intermediary, all you need is a wallet (and some tokens to exchange of course). The concept is the same for all DeFi applications. You don't leave anything to an intermediary organization.

If the advantages are obvious (total management of one's wallet, accessibility to a much larger part of the population, etc...), one must nevertheless keep in mind that DeFi is a new field, and that unfortunately, many scams are swarming on blockchains. It is therefore necessary to be well trained and to use only known and verified applications (such as Uniswap on Ethereum, PancakeSwap on the BSC, or 1inch which is cross-chain).

DeX is only a small part of the possibilities offered by DeFi, it is a whole new revolutionary system that is available to us and has already proven itself. Currently, there is about $100 billion invested in DeFi applications.

Cryptocurrencies
RISKY BUY

WHAT IS A SMART CONTRACT?

During our previous articles, we often evoked the terms "smart contracts" or "Dapps", but what is a smart contract, concretely?

The smart contract appeared at the same time as the Ethereum blockchain, the 2 entities are in fact intimately linked.

Unlike the first generation blockchains, such as Bitcoin, the Ethereum blockchain, through its creator Vitalik Buterin, was the first to contain a virtual machine, the Ethereum Virtual Machine, thus becoming a true open source global computer. Its particularity is that it is capable of executing any program, no matter how complex.

A smart contract is simply a program written in a programming language that the blockchain can understand, which will be compiled and executed by the virtual machine of the blockchain.

The creation of Ethereum has allowed a paradigm shift never seen in the history of mankind, in which money becomes programmable and executable according to strict rules written in a computer code.

Many projects such as the Binance Smart Chain, Avalanche or Fantom, have been greatly inspired by this concept, and have chosen to integrate EVM-compatible virtual machines (it is therefore possible to use the same programming language and to easily migrate one's smart contracts from one blockchain to another).

Projects based on smart contracts are coming out every day, and it is extremely likely that in the coming years some of these applications will make blockchain even more history.

Cryptocurrencies
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Ethereum(CRYPTO:ETH) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 3

Stockchase rating for Ethereum is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Ethereum(CRYPTO:ETH) Frequently Asked Questions

What is Ethereum stock symbol?

Ethereum is a OTC stock, trading under the symbol CRYPTO:ETH on the (). It is usually referred to as or CRYPTO:ETH

Is Ethereum a buy or a sell?

In the last year, 3 stock analysts published opinions about CRYPTO:ETH. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ethereum.

Is Ethereum a good investment or a top pick?

Ethereum was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Ethereum.

Why is Ethereum stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Ethereum worth watching?

3 stock analysts on Stockchase covered Ethereum In the last year. It is a trending stock that is worth watching.

What is Ethereum stock price?

On 2021-12-08, Ethereum (CRYPTO:ETH) stock closed at a price of $4322.5.