Bitcoin, the world’s biggest cryptocurrency, has always reigned supreme in the land of digital assets. But now, thanks to an eye-popping surge by Ether, fans of the No. 2 token by market value are reviving predictions that it is destined to one day take over the throne.
In crypto parlance, it’s known as the “flippening” -- and it’s still likely a ways off, if it happens. Ether’s market value of around $210 billion is less than half the size of Bitcoin’s even after Ether surged 50% over the past month. And yet, believers are energized with a fresh optimism as a milestone approaches that they say will increase the chances of it happening -- perhaps sooner rather than later.
“I keep hearing people repeating the question, ‘wen flippening?’,” Quantum Economics Founder and Chief Executive Officer Mati Greenspan wrote in a note, using the crypto-slang employed by market faithful. “Even though there’s no guarantee this will ever happen, just looking at the numbers, it does seem like this...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...