Gemini’s Tyler Winklevoss: I’m optimistic about Ethereum (ETH) in the short and long term

Tyler Winklevoss, the co-founder of the U.S. cryptocurrency exchange Gemini, recently revealed the extent of its upward move over Ethereum (ETH), the second largest digital currency by market capitalization.

In the past few days, the crypto market has shown an upward trend. Bitcoin (BTC) and Ethereum (ETH) have managed to post huge gains, while other top cryptocurrencies also took advantage of the positive moment.

Also read: This is why the co-founder of Ethereum is saying goodbye to the crypto industry

Tyler Winklevoss reveals his bullish level on Ethereum (ETH)

With the market showing a positive trend, clearly led by Ethereum (ETH), Tyler Winklevoss, the co-founder of the Gemini exchange, has revealed his bullish stance on the second largest cryptocurrency.

In a tweet that has generated countless reactions since then, Tyler pointed out that he’s optimistic about Ethereum and its native token, ETH, in both the short and long term.

Tyler Winklevoss tweeted: “I am optimistic in the short term and optimistic in the long term at Ether ETH.”

I am bullish in the short term and bullish in the long term with Ether $ ETH

– Tyler Winklevoss (@tyler) August 6, 2021

Also read: Raoul Pal from Real Vision: Ethereum (ETH) will beat all other top cryptos in the coming years

Tyler Winklevoss’ comment on his bullish stance on Ethereum (ETH) came in the wake of the highly anticipated London upgrade that was rolled out a few hours ago along with EIP-1559 to improve the user experience on the Ethereum network.

It’s worth noting that the main reason for the upgrade is already materializing. Thousands of the ETH digital token have been burned since the upgrade went into effect.

Vitalik Buterin, the co-founder of Ethereum (ETH), has also expressed his deep joy about the success of the upgrade and sees it as a springboard for the success of the upcoming chain merger.

Cathie Wood praises the innovation and constant development of Ethereum

Cathie Wood, founder and CEO of ARK Invest, recently tweeted her interest and support for Ethereum and its tons of decentralized financial ecosystem (DeFi).

Also read: Judging by history, top analyst says Ethereum (ETH) would hit $ 18,000 by July 2022

Cathie Wood tweeted, “ARK Invest welcomes the DeFi innovation that is evolving on and around the Ethereum blockchain.”

. @ ARKInvest welcomes the DeFi innovation that is evolving on and around the #Ethereum blockchain.

– Cathie Wood (@CathieDWood) August 6, 2021

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