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Title: European Investment Bank Issues €100 Million In Digital Bonds Using Ethereum
Source: [None]
URL Source: https://www.zerohedge.com/markets/e ... n-digital-bonds-using-ethereum
Published: Apr 28, 2021
Author: Tyler Durden
Post Date: 2021-04-28 00:17:30 by Horse
Keywords: None
Views: 186
Comments: 3

The European Investment Bank will use blockchain technology to issue two-year digital bonds, the latest sign of growing mainstream adoption for crypto only this time Ethereum is taking the spotlight courtesy of the EIB.

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#1. To: Horse (#0)

Ethereum is the #2 crypto after bitcoin with about 1/10th the market cap of bitcoin. It could dethrone bitcoin, but reputation carries a lot of weight with crypto as well as fiat.

Ethereum is up some 20% over the past several days as is now in record high territory.

Pinguinite  posted on  2021-04-28   1:11:50 ET  Reply   Trace   Private Reply  

I think insider trading was involved as they knew the announcement was coming.

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Horse  posted on  2021-04-28   1:47:37 ET  Reply   Trace   Private Reply  

Actually the 1 month chart doesn't really show much out of the ordinary. ETH/USD is in an upward channel, and the current high is within that channel, respecting it quite reasonably.

The ETH/BTC chart shows ETH having gained about 50% vs BTC in the last 30 days. Maybe ETH will start to take a greater market share of crypto from bitcoin. It's certainly technically superior in many ways.

Pinguinite  posted on  2021-04-28   3:24:38 ET  Reply   Trace   Private Reply  

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