Analyst believes Ethereum’s ETH 2.0 will bring the largest economic shift in cryptoBTC $6899 (-4.4%) • ETH $173 (-5.3%) • XRP $0.18 (-4.5%)
The upcoming release of Ethereum’s second iteration, ETH 2.0, has been highly contested, but one data analyst believes it could be the driving force behind the largest economic growth in society. Adam Cochran, a professor of information science at Conestoga College, said that Ethereum’s economic policy will result in a reduced supply and a drastically increased demand due to the attractive incentives from staking. According to Cochran, the Phase 0 of Ethereum’s second iteration will be what gets the upcoming economic shift going. In a lengthy Twitter thread, the information science professor and former marketing executive at Dogecoin laid out some of the things that will happen once the Ethereum network becomes a proof-of-stake one. More news ⏬After burning 10% of its supply, here’s where Binance Coin could be headed next
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Tezos has been the rising star of the crypto market in 2019 and 2020, with its insane uptrend in recent months only being rivaled by that seen by Chainlink – which was also able to set fresh all-time highs earlier this year. What else?😈 Deal with the devil: Ethereum DeFi protocol negotiates with hacker of $25 million 🌊 Bitcoin spot volume is telling a bullish tale as analysts eye macro bottom 🤬 PlusToken 2.0? Yet another Bitcoin Ponzi scheme begins to garner millions Featured sponsors🎬 ChainFlix - ChainFlix is a revolutionary blockchain-based P2P video streaming platform that allows viewers, content creators, and enhancers to monetize their time, contents, and efforts. In the Chainflix platform, coins are to be mined during the video-viewing process, and all participants in the system (content creators and activators, storage providers, viewers, operation participants and advertisers) are organically connected in a way to ensure user-oriented operation and fair distribution of blockchain-based and PoA algorithm-mined coins among the participants. Learn more ☁️ Bitcoin Wallet - Bitcoin Wallet is a cloud-based mobile and desktop cryptocurrency storage and exchange app with a focus on security, speed and convenience. Bitcoin Wallet allows you to use any coins, tokens and blockchains without any restrictions and limits. Learn more 💳 Crypto.com - Founded in 2016 on a simple belief: it’s a basic human right for everyone to control their money, data and identity. With over 1 million users on its platform today, Crypto.com provides a powerful alternative to traditional financial services, turning its vision of ”cryptocurrency in every wallet” into reality, one customer at a time. Learn more 📈 AMFEIX - AMFEIX groups investors' funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article.
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Analyst believes Ethereum’s ETH 2.0 will bring the largest economic shift in crypto