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The Daily Hodl 2024-06-11 18:05:10

Biggest Bank in the World Says Ethereum Is ‘Digital Oil,’ Bitcoin ‘Digital Gold’: Report

The world’s biggest bank, the Industrial and Commercial Bank of China (ICBC), is reportedly calling Bitcoin (BTC) “digital gold” and Ethereum (ETH) “digital oil.” In a new report shared by Matthew Siegel, VanEck’s head of digital assets, the ICBC gives praise to the top two cryptocurrencies by market cap. The report also says that market The post Biggest Bank in the World Says Ethereum Is ‘Digital Oil,’ Bitcoin ‘Digital Gold’: Report appeared first on The Daily Hodl .

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