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The Ethereum Investment Case Has This Unexpected Achilles’ Heel

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With the next crypto bull run on the horizon, investors have speculated that Ethereum will be one of this cycle’s best investments.

As reported by Bitcoinist previously, Chris Burniske, a partner at Placeholder Capital, said that he thinks Ethereum could rally to $7,500 in the coming years:

“If BTC goes > $50,000 in the next cycle, and ETHBTC returns to its former ATH, then expect to see ETH > $7,500. To the mainstream ETH will be the new kid on the block — expect a frenzy to go with that realization,” Burniske explained, showing how a 3,000% Ethereum rally in the coming years may be feasible.  

Yet there is a potential “Achilles’ heel” to the ETH investment case that could limit upside, especially if gains are measured against that of other top cryptocurrencies.

This Factor Could Prevent Ethereum From Growing Rapidly

According to cryptocurrency investor and commentator Humboldt Capital, the Ethereum investment case’s “biggest Achilles’ heel” is the fact that you don’t need to invest in ETH to benefit from the growth in on-chain applications.

That’s to say, one can capture more upside by investing in, say, MakerDAO’s MKR token than ETH itself.

“An investment thesis for ETH centered on continued growth of DeFi, is like advocating to invest in the S&P 500 vs just the Tech sector. So far, the biggest Achilles’ heel for ETH is the fact you don’t need to invest in the protocol layer, you can just invest in the best apps.”

DeFi Itself Is Likely to Slow Down

Not only may Ethereum not strongly benefit from growth in DeFi, but the adoption of decentralized finance may peter out.

As reported by Bitcoinist previously, Multicoin Capital’s Kyle Samani sees the growth of this segment of the Ethereum ecosystem “plateauing” in the near to medium term. Referencing ETH’s slow block times (compared to the internet, which traditional finance is based on) and the potential for high transaction costs, he explained:

“You just can’t build global scale trading systems for lots of users on POW chains. It just doesn’t work. High latency –> all kinds of negative second order effects. So I think for now we are near a plateau for DeFi – measured in ETH terms (not USD) – until the core latency problems are solved.”

Samani’s comment came in spite of the fact that there’s been a recent eruption in DeFi adoption.

DTC Capital’s Spencer Noon observed that certain decentralized finance applications, like MakerDAO and Synthetix, have seen usage strongly increase in recent weeks.

Not the Only Reason Why Investing in Ethereum Isn’t a Good Idea: Fund Managers

Steven McClurg and Leah Wald, partners of Exponential Investments, explained that Ethereum’s lack of consistent monetary policy, the mentality of its investors, and the way the which the blockchain is structured makes ETH a poor investment. 

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The Ethereum Investment Case Has This Unexpected Achilles' Heel

Source: https://bitcoinist.com/the-ethereum-investment-case-this-unexpected-achilles-heel/?utm_source=rss&utm_medium=rss&utm_campaign=the-ethereum-investment-case-this-unexpected-achilles-heel

Energy

Global Electrical SCADA Market Report 2020: Developments in IoT Technology and Cloud Computing has Increased Growth

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DUBLIN, Oct. 22, 2020 /PRNewswire/ — The “Electrical SCADA Market – By Components, By Applications and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering.

Global Electrical SCADA Market was valued at USD 1900 Million in 2019 and is expected to reach over USD 3470 Million by 2026, growing at a CAGR of around 9% during the forecast period from 2020 to 2026.

The demand for Electrical SCADA Market is increasing significantly due to increase in the deployment of automation system and remote control application in industries across the spectrum. Developments in IoT technology and Cloud computing has increased the scope for the growth of Electrical SCADA Market.

Global Electrical SCADA Market: Overview

SCADA is basically a system of software as well as hardware elements that let the industrial organizations gather, monitor, and process real-time information and to run industrial processes at remote locations. Furthermore, it lets the end users to directly interact with devices such as valves, sensors, motors, and pumps by human-machine interface software.

Global Electrical SCADA Market: Growth Factors

Recent developments in the electrical SCADA due to incessant efforts from the major key players in order to expand ground over other competitors in the global electrical SCADA market has extensively increased the effectiveness of the system. Furthermore, improvements, as well as developments in the electrical SCADA system, are anticipated which will likely open up new opportunities and prospects for the stakeholders. Developing field of the ubiquity of smartphones and the Internet of Things, to which electrical SCADA systems can be easily implanted in order to get accessibility work development and progress of employees, are other factors that are driving the global electrical SCADA market.

Rising demand and popularity for process automation in various energy divisions and integration of SCADA along with IT corporate are also projected to propel the expansion of the market. On the other hand, cybersecurity might hold back the expansion of the market. Moreover, opportunities and prospects from different small enterprises particularly from up-coming economies and cloud-based SCADA are likely to offer growth and development opportunities for the market in the coming years.

Global Electrical SCADA Market: Segmentation

In terms of components, the global electrical SCADA market can be fragmented into the remote terminal unit, communication systems, PLC (programmable logic controller) and human-machine interface. In terms of architecture, the global market can be classified into services, hardware, and software.

In terms of application, the market is divided into different industries, for instance, food & beverages, electrical power, oil & gas, water & wastewater management, manufacturing, telecommunication, and pharmaceuticals. Among all the sectors, the electric power division is projected to be the highest market share contributor in the years to come due to increasing execution of grid automation all over the world in the power division.

Global Electrical SCADA Market: Regional Analysis

North America is likely to lead the global electrical SCADA market with a maximum market share. It is expected that this regional market is likely to retain its leading position in the coming years, due to the growing demand and popularity for process automation systems in several sectors, for instance, the oil and gas and the electrical power sectors. The rising financial and technological ventures for reliable power management are also projected to fuel the global electrical SCADA market in the North American region.

It is anticipated that Germany will be the leading contributor; Europe is likely to come up as the second highest global market. The growing demand and popularity for developed power, wastewater and water management, and the increasing requirement for efficient power generation are projected to fuel the global electrical SCADA market in Europe.

Global Electrical SCADA Market: Competitive Players

Some of the most important market players in the global electrical SCADA market are Hitachi Ltd., IBM Corp., Honeywell International, Alstom, JFE Engineering Corporation, ABB Ltd., Emerson Electric Co., Mitsubishi Electric Corporation, Schneider Electric., and Rockwell Automation, among others.

For more information about this report visit https://www.researchandmarkets.com/r/6p5dsh

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]arkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

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Source: https://www.prnewswire.com:443/news-releases/global-electrical-scada-market-report-2020-developments-in-iot-technology-and-cloud-computing-has-increased-growth-301157960.html

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Energy

Global $855 Billion Bio-Refinery Product Market to 2026 with Neste Oil, Renewable Energy, Pacific Ethanol, UOP, Abengoa Bioenergy, and Valero Energy Dominating

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DUBLIN, Oct. 22, 2020 /PRNewswire/ — The “Bio-Refinery Product Market – By Type (Thermochemical and Biochemical), By Application (Biofuels, Biomaterials, Bulk Chemicals, and Pharmaceuticals & Food Additives), and By Region – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering.

The global Bio-Refinery Product market is slated to accrue revenue worth nearly 855.16 (USD Billion) by 2026 and record the CAGR of about 9.3% over the period from 2020 to 2026.

The report offers assessment and analysis of the Bio-Refinery Product market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, sales estimates, opportunities, evolving trends, and industry-validated data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).

Market Growth Driving Factors

Introduction of strict laws addressing environmental issues and regulating the use of bio-fuels along with growing energy security concerns will embellish the business growth over the forecast timeline. In addition to this, surge in the promotional events for bio-based items across the globe is anticipated to generate new growth avenues for bio-refinery products industry over the forthcoming years.

Furthermore, small-scale producers of bio-refinery products will reinforce the growth of the industry over the years ahead. Moreover, easy availability of raw materials at reduced costs and oscillation in costs of fossil fuels will further drive the growth of bio-refinery products industry over the forecast period.

North American Market To Remain in Dominant Position Over 2020-2026

The market growth in the region over the forecast timeline can be credited to implementation of strict environmental laws by the authorities in the countries like the U.S. and Canada. In addition to this, presence of reputed players in these countries will further proliferate the growth of the bio-refinery products market over the years ahead.

Key players influencing the market growth include Neste Oil OYJ, Renewable Energy Group, Pacific Ethanol, UOP LLC, Abengoa Bioenergy Corp, and Valero Energy Corp.

The global bio-refinery product market is segmented as follows:

By type:

  • Biochemical
  • Thermochemical

By application:

  • Biofuel
  • Bulk chemicals
  • Biomaterial
  • Pharmaceuticals & food additives

By Region

  • North America
  • The U.S.
  • Canada
  • Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/mml8qf

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets

Related Links

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Source: https://www.prnewswire.com:443/news-releases/global-855-billion-bio-refinery-product-market-to-2026-with-neste-oil-renewable-energy-pacific-ethanol-uop-abengoa-bioenergy-and-valero-energy-dominating-301157953.html

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Energy

U.S. Chemical Production Expanded In September

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In September, chemical production continued to improve in many segments, including, chlor-alkali, organic chemicals, industrial gases, synthetic dyes and pigments, consumer products, synthetic rubber, manufactured fibers, other specialty chemicals, and fertilizers. Production eased in plastic resins, coatings, adhesives, and crop protection chemicals.

As nearly all manufactured goods are produced using chemistry in some form, manufacturing activity is an important indicator for chemical demand. The recovery continued at a slower pace into September, with overall factory activity up 1.6 percent on a 3MMA basis. Production rose in nearly all key chemistry end-use industries that ACC tracks, with the strongest gains occurring in motor vehicles, aerospace, iron and steel, tires, and structural panels.

Compared with September 2019, U.S. chemical production was off 4.3 percent on a year-over-year (Y/Y) basis, the sixteenth consecutive month of Y/Y declines, but an improvement over the past several months. Chemical production remained lower than a year ago in all regions, with the largest year-ago declines occurring in the Northeast, Mid-Atlantic and West Coast regions.


U.S. Chemical Production Regional Index, Percentage Change

(Seasonally adjusted, 3-month moving average)


Sep 20/
Aug 20

Sep 20/
Sep 19

Key products


Gulf Coast

0.7%

-3.0%

petrochemicals, inorganics, plastics resins, and synthetic rubber


Midwest

0.6%

-4.7%

agricultural chemicals, plastics, and paints


Ohio Valley

0.5%

-5.8%

organic chemicals, plastics and synthetic materials, and specialty chemicals


Mid-Atlantic

0.7%

-6.3%

consumer products


Southeast

0.5%

-5.3%

inorganic chemicals, fibers, and consumer products


Northeast

0.9%

-6.9%

consumer products and specialty chemicals


West Coast

0.7%

-6.1%

basic chemicals, agricultural chemicals, and consumer products


     U.S. Total

0.8%

-4.3%









The chemistry industry is one of the largest industries in the United States, a $565 billion enterprise. The manufacturing sector is the largest consumer of chemical products, and 96 percent of manufactured goods are touched by chemistry. The U.S. CPRI was developed to track chemical production activity in seven regions of the United States. The U.S. CPRI is based on information from the Federal Reserve, and includes monthly revisions as published by the Federal Reserve. In order to smooth month-to-month fluctuations, the U.S. CPRI is measured using a three-month moving average. The reading in September reflects production activity during July, August and September.

http://www.americanchemistry.com/newsroom
The American Chemistry Council (ACC) represents the leading companies engaged in the business of chemistry.  ACC members apply the science of chemistry to make innovative products and services that make people’s lives better, healthier and safer.  ACC is committed to improved environmental, health and safety performance through Responsible Care, common sense advocacy designed to address major public policy issues, and health and environmental research and product testing.  The business of chemistry is a $565 billion enterprise and a key element of the nation’s economy.  It is one of the nation’s largest exporters, representing ten cents out of every dollar in U.S. exports. Chemistry companies are among the largest investors in research and development.  Safety and security have always been primary concerns of ACC members, and they have intensified their efforts, working closely with government agencies to improve security and to defend against any threat to the nation’s critical infrastructure.

SOURCE American Chemistry Council

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Source: https://www.prnewswire.com:443/news-releases/us-chemical-production-expanded-in-september-301158224.html

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