Tyler Winklevoss, the co-founder of the US-based cryptocurrency exchange, Gemini, has recently revealed the extent of his bullishness on Ethereum (ETH), the second-largest digital currency by market capitalization.
Over the past few days, the crypto market has been showcasing a bullish trend. Bitcoin (BTC) and Ethereum (ETH) have managed to record huge gains, while other top cryptocurrencies also leveraged the positive moment.
Tyler Winklevoss Reveals His Level of Bullishness on Ethereum (ETH)
As the market displays a positive trend, which is clearly led by Ethereum (ETH), Tyler Winklevoss, the co-founder of Gemini exchange, has revealed his bullishness on the second-largest cryptocurrency.
In a tweet that has since garnered tons of reactions, Tyler pointed out that he’s both short-term and long-term bullish on Ethereum and its native token ETH.
Tyler Winklevoss tweeted, “I’m short-term bullish and long-term bullish on Ether ETH.”
I'm short-term bullish and long-term bullish on Ether $ETH
— Tyler Winklevoss (@tyler) August 6, 2021
Tyler Winklevoss’s comment about his bullishness on Ethereum (ETH) came in the wake of the much-anticipated London upgrade, which was deployed a couple of hours ago along with EIP-1559, in a bid to boost the user experience on the Ethereum network.
It’s worthy of note that the major reason for the upgrade is already materializing. Thousands of the digital token ETH have been burned since the upgrade became effective.
Vitalik Buterin, the co-founder of Ethereum (ETH), has also expressed his profound joy over the success of the upgrade, seeing it as a stepping stone to the success of the upcoming chains merge.
Cathie Wood Applauds Ethereum’s Innovation and Steady Development
Cathie Wood, founder and CEO of ARK Invest, has expressed her interest and support for Ethereum and its tons of decentralized finance (DeFi) ecosystem in a recent tweet.
Cathie Wood tweeted, “ARK Invest applauds the DeFi innovation evolving on and around the Ethereum blockchain.”
— Cathie Wood (@CathieDWood) August 6, 2021