Fred Wilson is bullish on Ethereum
Fred Wilson, one of Silicon Valley's most prominent investors, was interviewed on Bloomberg. It was a 10-minute slot where he twice mentions crypto.
After discussing Amazon, Facebook, Twitter, Uber and Snapchat, he was asked for his big prediction and came out with Ethereum's market cap being above Bitcoin by the end of the year.
This is important as it reflects a wider interest in Crypto from institutional sources. When this money comes in we will see even more significant moves.
I am extremely bullish on Ethereum and doubled my holding last week when selling out my Ripple. This might prove to be a short term loss on Ripple against a long term gain with Ethereum.
Worth a watch.
Also Ethereum crossed $100 during the night, with a couple of big conferences this week we could see quite a bull run.