Ethereum Enters a Bull Wave
In the ever-changing world of cryptocurrencies, Ethereum has once again proven its resilience and growth potential. As of 8am GMT, the price of Ethereum, represented by 1 ETH, reached an impressive $2,992. This marks a significant increase of 31% since the beginning of the year.
Ethereum prices continued to surge as the Federal Reserve announced a 25 basis point interest rate cut on November 8. This was the second rate cut after a 50 basis point cut in September. The decision came amid slowing inflation and a cooling job market. Institutional interest also exploded as Ethereum Spot ETFs saw inflows yesterday.
HVA Group records strong profit growth from ETH digital assets
>> See more articles: HVA Group Officially Announces Cooperation With ETH Capital: Investing in Mining ETH Digital Asset Blockchain
HVA Investment Joint Stock Company (HVA Group – Code: HVA) after completing the business cooperation contract with ETH Blockchain Technology Joint Stock Company – ETH Capital platform. This agreement lays the foundation for HVA Group to contribute capital to the ETH Blockchain Mining Investment project, opening up investment opportunities and developing the Defi platform and mining Ethereum digital assets.
HVA Group continues to record the net asset value (NAV) of its investment in Etherum digital assets, which has currently increased to VND 13,313,231,900, an increase of VND 33,13% compared to the initial investment capital. ETH digital assets continue to record stable growth, contributing to the enhancement of the portfolio value, affirming HVA's correct investment strategy in digital assets.
Strategic cooperation between HVA Group and ETH Capital contribute to promoting the development of the blockchain ecosystem in Vietnam. This is an important step to help HVA Group affirm its leading position in financial investment and pioneering in investing in digital assets.
