Silicon Valley is hot on a new cryptocurrency that could become worth 100 times its current value

Ether, the unit of cryptocurrency used on the Ethereum blockchain, has given investors a wild ride lately. Its value more than doubled in May, peaked in June at more than $ 400 an ether, and then lost more than half that value by early this week. That may sound like a bubble bursting. But some investors are still optimistic and are prepared to ride it out. Aaron Batalion, a partner at Lightspeed Venture Partners, said…

"Silicon Valley is hot on a new cryptocurrency that could become worth 100 times its current value"