{"id":1767,"date":"2022-02-15T20:03:49","date_gmt":"2022-02-15T19:03:49","guid":{"rendered":"https:\/\/solutech.true-emotions.studio\/?p=1"},"modified":"2022-02-17T13:16:35","modified_gmt":"2022-02-17T12:16:35","slug":"morgan-stanleyether-more-volatile-than-bitcoin","status":"publish","type":"post","link":"https:\/\/www.acstunisia.com\/index.php\/2022\/02\/15\/morgan-stanleyether-more-volatile-than-bitcoin\/","title":{"rendered":"Morgan Stanley: Ether more volatile than bitcoin"},"content":{"rendered":"[vc_row pix_padding_top=\u00a0\u00bbpadding No\u00a0\u00bb pix_padding_bottom=\u00a0\u00bbpadding No\u00a0\u00bb gradient_colors=\u00a0\u00bb%5B%7B%7D%5D\u00a0\u00bb][vc_column][vc_column_text]\n

Investment banking giant outlines threat posed to Ethereum by Solana, Cardano and BNB<\/p>\n

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\"Ether<\/div>\n<\/div>\n
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Ethereum to US Dollar<\/div>\n

Explore The Market<\/a><\/p>\n<\/div>\n<\/div>\n<\/figure>\n

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One of the United States\u2019 leading financial institutions has outlined the weaknesses of ether (ETH)<\/a> when compared to other competing cryptocurrencies.<\/p>\n

ETH v BTC<\/h2>\n

Morgan Stanley Wealth Management observed, in a note entitled Cryptocurrency 201: What Is Ethereum?<\/em>, that ether, the world\u2019s second largest cryptocurrency by market capitalisation and a leader in the growth of decentralised finance (DeFi), is itself less decentralised than bitcoin.<\/p>\n

The firm observed that, while the top 100 addresses holding bitcoin<\/a> owned 14% of the cryptocurrency\u2019s total supply, the equivalent figure for ethereum stood at 39%.<\/p>\n

The group of analysts led by Denny Galindo also stated that, since 2018, ether has been around 31% more volatile than its larger competitor.<\/p>\n

Competition and regulation<\/h2>\n

Morgan Stanley recognised that the Ethereum blockchain\u2019s structure makes it far better placed than bitcoin to power the ongoing surge in interest in DeFi and non-fungible tokens (NFTs). However, it also\u00a0highlighted the threat of such projects eventually migrating to alternatives such as Solana, Cardano, Tezos and BNB Chain.<\/p>\n

It observed that high fees, a criticism long levelled at Ethereum, could hasten this shift and hinder scalability and further adoption.<\/p>\n

In addition to competition, Morgan Stanley\u2019s note also considered\u00a0the threat to future growth posed by regulatory crackdowns. The world\u2019s fourth-largest investment bank particularly stressed the fast-changing nature of laws governing this burgeoning sector.<\/p>\n

A shortage of storage?<\/h2>\n

Morgan Stanley did recognise that ether\u2019s growth was noticeably faster than bitcoin\u2019s. Indeed, from the start of 2021 to mid-February 2022, the former has risen by 275% while the latter has only increased by 35%.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\t\t\t\t\t\t\t\tMorgan Stanley did recognise that ether\u2019s growth was noticeably faster than bitcoin\u2019s. Indeed, from the start of 2021 to mid-February 2022, the former has risen by 275% while the latter has only increased by 35%.<\/p>\n","protected":false},"author":1,"featured_media":2666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[],"class_list":["post-1767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-antivirus-app"],"_links":{"self":[{"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/posts\/1767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/comments?post=1767"}],"version-history":[{"count":4,"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/posts\/1767\/revisions"}],"predecessor-version":[{"id":4014,"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/posts\/1767\/revisions\/4014"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/media\/2666"}],"wp:attachment":[{"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/media?parent=1767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/categories?post=1767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.acstunisia.com\/index.php\/wp-json\/wp\/v2\/tags?post=1767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}