Forget Bitcoin, Buy Ethereum Instead

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Since the start of the year, bitcoin is up almost 150%. But Ethereum, the second-largest cryptocurrency, has nearly tripled. Ethereum has outperformed bitcoin largely due to its role in the decentralized finance (DeFi) market. In just the last six months, the total value locked in the DeFi space has gone from $1 billion to $14 billion. And crypto expert Ian King doesn’t think it’s going to stop there. In today’s Market Insights video, Ian explains what to expect next year as DeFi continues to grow, and what it means for the future of Ethereum.


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About Ian King: Ian King is a senior analyst at Banyan Hill Publishing with over two decades of experience trading and analyzing the financial markets. His insights have been featured on Fox Business News, Investopedia, Zero Hedge, and Seeking Alpha. He started out as a desk clerk at Salomon Brothers’ famed mortgage bond trading department, then moved on to credit derivatives at Citigroup. From there, he spent a decade trading options as head trader at a New York-based hedge fund. Today he is a weekly contributor to Smart Profits Daily and editor of two premium trading services at Banyan Hill Publishing.

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#Bitcoin #Ethereum #cryptocurrency
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Crypto Wallets
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