Watcher.Guru: Industrial and Commercial Bank of China praises the development of Bitcoin and Ethereum, comparing Bitcoin to gold.

Sep 12, 2024 08:02:08

according to WatcherGuru, the Industrial and Commercial Bank of China (ICBC) praised the development of Bitcoin and Ethereum in a recently published report, comparing Bitcoin to gold and emphasizing its rapid growth in the digital economy, while referring to Ethereum as "digital oil," pointing out that its ecosystem is driving numerous Web3 applications and projects in the ever-growing market.

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