Here's why I'm bullish on the ethereum price Prices are driven by supply and demand. Let's examine both: Supply will start reducing Ethereum's 2.0 "merge" upgrade will make ethereum deflationary. Increasing staking yields will also attract people to hold and stake (ie. lock away) their eth, and validators under Proof of Stake will be less … Continue reading Ethereum Price Supply & Demand Analysis and Projections
Tag: crypto
Why I’m So Bullish Ethereum
I'm extremely bullish on ethereum and believe it will become a major world asset. On top of being a store of value, ether is the fuel for the world's new programmable financial system, digital assets, and governance. I'm convinced that ethereum will hit $1-2 trillion in market cap (currently at $335b) within the next couple … Continue reading Why I’m So Bullish Ethereum
Moonbirds, and the NFT Community Future
Moonbirds is generating a lot of buzz in the NFT space right now, having launched on April 16th and generating $280m in sales in two days, more than Bored Ape Yacht Club. Moonbirds consist of 10,000 images of owls. Moonbirds was created by PROOF Collective, an NFT group co-founded by Kevin Rose, creator of Digg. … Continue reading Moonbirds, and the NFT Community Future
Why the Ethereum Merge is Bullish
Later this year ethereum will deprecate PoW (Proof of Work) and upgrade to PoS (Proof of Stake), dubbed "the merge". This upgrade will be enormously bullish for ethereum for the following reasons: Ethereum staking yield will jump from 4.8% to 10-15%. This is because unburnt fee revenue will start going to stakers instead of miners. … Continue reading Why the Ethereum Merge is Bullish
J. Savage 