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3 Reasons Ethereum Could Double... AGAIN

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Tue, Jun 4, 2024 06:56 PM

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Buy low, sell high need not apply. Amazon has quietly poured $144 million into a secretive AI chip c

Buy low, sell high need not apply. [Total Wealth] BROUGHT TO YOU BY MANWARD PRESS 3 Reasons Ethereum Could Double... AGAIN SPONSORED [Amazon's $794M Bombshell: Nvidia's Secret Partner Revealed]( [Seattle Spheres on May 2018]( Amazon has quietly poured $144 million into a secretive AI chip company, and committed to buying a staggering $650 million of their product. Why? Because this obscure startup holds the key to unleashing the full potential of Nvidia's revolutionary Blackwell chip. [Discover the company at the heart of the AI arms race.]( [Robert Ross] Robert Ross Speculative Assets Specialist Buy low... sell high. That's what everyone says is the secret to investing... right? Well... in the case of the highflying crypto market... it's wrong. The world's second-largest cryptocurrency - Ethereum (ETH) - got a huge boost on May 20... when the SEC approved the first Ethereum spot ETFs. The flurry of speculation ahead of the news caused the crypto's price to surge 20% in a single day. As someone who's owned Ethereum since 2017 and still holds it at a cost basis of under $450, I was obviously thrilled by the news... especially since Ethereum's price has more than doubled over the past year. But does that mean it's too late to get in? Hardly. The Ethereum ETF approval is just the start. Ethereum could double again over the next year... for three reasons. SPONSORED [Nvidia's Secret Partner... This Is The New AI Chip Powerhouse]( [Chatbot conversation]( I bet you've never heard of it... but this newly public company is set to become key to Nvidia's seat on the AI throne. And for now... you can get in while it's still cheap. [Details Here!]( Ethereum Spot ETFs Approved When the spot Bitcoin ETFs were approved, the real rally didn't start until the ETFs started trading and institutional money started flowing into the ETF. It's true Bitcoin rallied heavily into the announcement... but the cryptocurrency still surged from $46,000 to as high as $72,000 in the months after the ETF started trading. If we see something similar with Ethereum, that would imply a target price of nearly $6,000 - a new all-time high. [Ethereum]( [View larger image]( But it's not the only reason to be optimistic about Ethereum in the short term. Institutional Adoption Is Coming According to a recent report by wealth management firm Bernstein, institutional clients view Ethereum as much more than a digital asset. The network also supports... - Smart contract utility - Staking yield dynamics - And scalability and security. The "staking" market alone is currently valued at $90 billion... as the network offers sustainable yields between 3.5% and 5%. Put simply, staking is a way to earn rewards by parking or staking your crypto on the blockchain. Think of it like being paid dividends for buying and holding a stock. This "staking" market could attract more institutional investment if included in the ETF structure, further solidifying Ethereum's position in the financial ecosystem. SPONSORED [Discover the 3-Minute Secret to Wealth]( Alexander Green reveals how a 3-minute discussion transformed his investment strategy and wealth... top gains of 227% in 22 days... 754% in 60 days... 439% in 90 days... and even 1,163% in 100 days. [Click to discover what he learned.]( The Dawn of a New Financial System Many institutional players see a huge opportunity. They're not just looking to launch ETFs. They are aiming to build more financial markets on the Ethereum network. For instance, institutions could build... - Decentralized exchanges (DEXs) that facilitate trading without intermediaries... - Lending platforms that offer more accessible credit option... - And tokenized assets that represent traditional financial instruments like stocks or bonds. These innovations can streamline processes, reduce costs and increase transparency... fundamentally altering how financial markets operate. Some legacy financial institutions have already started working on this transformation... - JPMorgan has developed its own blockchain platform, Quorum, which is based on Ethereum. - The company has also launched the JPM Coin to facilitate instant payments between institutional clients. - Banco Santander issued a $20 million bond using the Ethereum blockchain to enhance transparency and efficiency in the bond issuance process. These steps indicate a significant shift as traditional financial institutions begin to embrace the capabilities of blockchain technology to modernize and innovate their services. The Time to Act Is Now The cryptocurrency market may be foreign to many investors. But my analysis shows we are in the midst of a major bull market... [and it could be the last one we ever see](. Crypto is one of the only markets in which you can reliably turn a little bit of money into a lot of money. Ethereum is one of the most obvious ways to play it. Even if we only had the Ethereum ETF catalyst, the response to Bitcoin's ETF launch shows the cryptocurrency could easily double from current levels. If you are still unsure of how the crypto markets work and want to invest alongside someone who has invested in the space since 2017, [I'd highly recommend joining our Manward Money Report community](. Because if you don't act now, I can guarantee you'll be kicking yourself a year from now. Stay safe out there, Robert Want more content like this? [YES]( [NO]( Robert Ross Robert Ross' unique style of clear and direct stock analysis has helped him build a massive following in the investment research industry. He started his career at investment research company Mauldin Economics, where he quickly rose through the ranks to become one of the youngest chief analysts in the industry. Today, over a million investors turn to Robert every month for his take on investing, economics and personal finance. He now shares his unique insights in Total Wealth and Manward Money Report. You are receiving this email because you subscribed to Total Wealth. To unsubscribe from Total Wealth, [click here](. Need help with your account? [Click here](. Have a question or comment for the editor? [Click here](mailto:mailbag@manwardpress.com). Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Manward Press | Attn: Member Services | [14 West Mount Vernon Place | Baltimore, MD 21201](#) North America: [1.800.682.5210](#) | International: [+1.443.353.4263](#) [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Total Wealth](. © 2024 Manward Press, LLC | All Rights Reserved Nothing published by Manward Press, LLC should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Manward Press, LLC should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Manward Press, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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