Andrew Keys, co-founder of The Ether Machine, asserts that investing in Ether over Bitcoin a decade ago would have made investors 50x wealthier. The new Ethereum treasury firm, with over 400,000 ETH worth $1.5 billion, plans to go public, becoming the largest public institutional Ethereum exposure vehicle.

While comparing Ether and Bitcoin returns over time is accurate, it overlooks the meteoric gains of both assets since inception. Bitcoin, created in 2009, has gained over 234 million percent while Ethereum, with its genesis block in 2015, has surged by 236,837% since trading at $1.60.

Ether Machine, a new Ethereum-focused investment firm, will go public on Nasdaq with $1.6 billion in backing. It will merge with Dynamix Corporation through a SPAC, forming “The Ether Machine,” according to Reuters. Investors are moving into Ethereum, driving its weekend rally as traders anticipate closing the gap to its all-time high soon.

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1. Bitcoin hits new record high of $65,000, driven by increased institutional interest and adoption of cryptocurrency. Analysts predict continued growth as more companies embrace digital assets as part of their investment portfolios.

2. Ethereum reaches all-time high of $2,500, fueled by the upcoming upgrade to Ethereum 2.0 and growing interest in decentralized finance (DeFi) applications. Investors are optimistic about the future potential of the platform.

3. Dogecoin surges 20% following Elon Musk’s tweet about the cryptocurrency, reaching a market capitalization of over $50 billion. The meme-based coin continues to attract attention from retail traders and social media influencers.: Ether Machine Founder Claims ETH Outperformed BTC Over Last Decade