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S.Korean to expand its probe on local cryptocurrency exchanges taking bribes to list certain tokens if it sees ‘more evidence’
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Leading Asset Manager Forecasts an Ethereum Surge to $11,800 In a recent report, investment management firm VanEck Research revisited its estimates for Ethereum’s (ETH) future revenue and valuation following the hard fork. Utilizing a rigorous valuation model, the firm predicts an ETH price increase to $11,800 by 2030, translating to an annual revenue rate of $51 billion from the current $2.6 billion. VanEck’s analysis offers a transparent valuation methodology for Ethereum, considering various factors such as transaction fees, Miner Extractable Value (MEV), and “Security as a Service.” The $11,800 price forecast depends on Ethereum’s capture of up to 70% of the market share of all smart contract protocols in 2030. #WSM #bullish #crypto2023 #Binance #wagmi
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