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World’s Largest Bank Calls Bitcoin Gold and Ethereum ‘Digital Oil’

Why The World's Largest Bank Called Ethereum (ETH)

On, the Industrial and Commercial Bank of China (ICBC) released an insightful research report titled “Macro Economy In-Depth Analysis: The Division and Integration of

World's largest bank ICBC praises the evolution of

ICBC, World’s Largest Bank, Calls Bitcoin Digital Gold and

World's Largest Bank ICBC Sees Bitcoin as Digital GoldCalls

Specifically

Specifically, the bank compared Bitcoin to gold while highlighting its rapid growth in a more digitized economy. Additionally, it called Ethereum “digital oil” while

LATEST: World's Largest Bank ICBC Says Bitcoin Solves

ICBC Calls Bitcoin ‘Digital Gold,’ Ethereum ‘Digital Oil’ In High

The World

The world’s largest bank, the Industrial and Commercial Bank of China (ICBC), has showered praise on Bitcoin and Ethereum, calling them “digital gold” and “digital

ICBC, the world's largest bank by total assets, likens bitcoin to digital gold and ethereum to digital oil in a report.