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Markets · Investing · Business
Finance
The Ethereum Blockchain Ecosystem Is Preparing for a Major Shake-Up. That's Why I'm Bullish on ETH Right Now.
Ethereum(CRYPTO: ETH) is going through changes. The Ethereum Foundation, the non-profit that supports the ecosystem, has cut about 20% of its workforce and said it would cut its annual budget by 40%. Several new organizations will now take responsibility for key segments of the popular blockchain's development alongside the Ethereum community.
Change can be unsettling and unpredictable, but I think these developments will be positive for the second-biggest cryptocurrency. Here's why.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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