One $ETH Could Be Worth Over $6,000 Following Ethereum’s Upcoming Upgrade, Says Bloomberg Intelligence

Ethereum ($ETH) could be worth over $6,000 according to a discount cash-flow valuation model, as Ethereum’s upcoming major upgrade is set to convert the cryptocurrency into an “equity-like instrument.” According to a report by Bloomberg Intelligence, Ethereum’s upcoming “Merge” upgrade that will move the network from a Proof-of-Work consensus algorithm to a Proof-of-Stake one where […]