As Blockchain Acceptance Advances, Bitcoin & Ethereum Prices Soar

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Mark Melin
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Why has Bitcoin almost tripled in price over a handful of months? Is it a mirage, an asset backed by nothing of tangible value, as critics have charged, or is it more an omnipresent technology that will power the future? These are the questions that shape fortunes and the future. In part, the answer can be seen in the price relationship between Bitcoin and its acceptance of the related Blockchain technology.  And what of the new kid on the block, Ethereum, which helps enterprises code business logic into Blockchain? Will this continue to rise in value more than the 1000%…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.