Bitwise CIO likens Ethereum to Microsoft, bets on underappreciated dominance despite bearish sentiment

Bitwise Chief Investment Officer Matt Hougan believes that Ethereum to tech giant Microsoft in a recent memo, asserting that the blockchain giant’s foundational role in the ecosystem is being underestimated amid current bearish sentiment. In the memo titled “A Contrarian Bet on Ethereum,” Hougan argued that Ethereum continues to lead in key sectors despite growing […] The post Bitwise CIO likens Ethereum to Microsoft, bets on underappreciated dominance despite bearish sentiment appeared first on CryptoSlate.