\ud83d\udd25 TOP Crypto TIPS In My Newsletter \ud83d\udc49 https:\/\/guy.coinbureau.com\/signup\/
\n\ud83d\udcf2 Insider Info in my Socials \ud83d\udc49 https:\/\/guy.coinbureau.com\/socials\/
\n\ud83d\uded2 Get The Best Deals In Crypto \ud83d\udc49 https:\/\/guy.coinbureau.com\/deals\/
\n\ud83d\udc55 My Merch Store \ud83d\udc49 https:\/\/store.coinbureau.com<\/p>\n

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~<\/p>\n

\ud83d\udcfa Useful Vids \ud83d\udcfa<\/p>\n

ETH 2.0 Explode \ud83d\udc49 https:\/\/www.youtube.com\/watch?v=8HHdrmA4sEU
\nFat Protocol Theory \ud83d\udc49 https:\/\/www.youtube.com\/watch?v=R5VEDVj0oJw
\nShould You Stake? \ud83d\udc49 https:\/\/www.youtube.com\/watch?v=ar_NBiCs48w<\/p>\n

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~<\/p>\n

– TIMESTAMPS –
\n0:00 Intro
\n1:54 Previous ETH ATHs
\n5:38 Institutions Buying
\n8:52 CME Futures Launching
\n10:59 Crazy DeFi
\n13:30 Stablecoin Demand
\n17:16 ETH 2.0
\n19:18 EIP 1559
\n20:32 Final Thoughts<\/p>\n

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~<\/p>\n

\u26d3\ufe0f \ud83d\udd17 Useful Links \ud83d\udd17 \u26d3\ufe0f<\/p>\n

\u25ba ETH 2.0: https:\/\/ethereum.org\/en\/eth2\/
\n\u25ba CME Launching Futures: https:\/\/www.cmegroup.com\/trading\/ether-futures.html
\n\u25ba Jeremy Allaire Tweet: https:\/\/twitter.com\/jerallaire\/status\/1346233132396257282
\n\u25ba Santiment Tweet: https:\/\/twitter.com\/santimentfeed\/status\/1346549133121712129
\n\u25ba Grayscale ETH: https:\/\/www.bloomberg.com\/news\/articles\/2020-12-04\/ethereum-becoming-more-than-crypto-coder-darling-grayscale-says
\n\u25ba Dune Analytics ETH 2.0: https:\/\/www.duneanalytics.com\/hagaetc\/eth2-0-deposits
\n\u25ba Grayscale ETH Trust: https:\/\/grayscale.co\/ethereum-trust\/<\/p>\n

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~<\/p>\n

\ud83d\udcc8 The 2017 Rally \ud83d\udcc8<\/p>\n

There was a flood of interest in order to invest in scammy ICOs. These required ETH in order to invest and there was a flood of demand for it. <\/p>\n

These funds were also sent to ICOs that were fickle and did not have strong hands. In order to realise their gains from the ICO. This meant that the funds were dumped on the market.<\/p>\n

ETH went from an All Time High of over $1,400 all the way down to below $100. <\/p>\n

\ud83d\udcb8 Different Investors \ud83d\udcb8<\/p>\n

While back in 2017 was a mostly retail driven rally, it appears as if this time that those which are buying are deep pocketed institutions and whales. <\/p>\n

You can see this not only in the increase in the amount of ETH that is held at the likes of Grayscale. It is up to over $2 billion which is 10x on the amount that it was back in May of this year. <\/p>\n

We can also take a look at some of the onchain data that should point this out. According to a chart by Santiment, in the last few weeks of december, the number of Whale Wallets has been increasing whereas the number of wallets with than 10,000 ETH has been decreasing. <\/p>\n

This can only mean one thing: The Whales have been accumulating at the expense of the smaller investors out there.<\/p>\n

There are also ETH futures which are about to launch. These could lead to an explosion from the institutional investors who are looking to hedge.<\/p>\n

\ud83d\udcc8 DeFi \ud83d\udcc8<\/p>\n

2020 was the year of Decentralied Finance or Defi. We started with total value locked (TVL) of just below $500 million and are currently sitting at just below $20 billion.<\/p>\n

Over 95% of that Defi exists on the Ethereum blockchain. That means that all that crypto that has been locked over there is Ether. <\/p>\n

You should also note that this TVL is a lot more sticky than the funds that were sent to ICOs back in 2017. It’s not up to ICO project teams as to whether that locked ETH is to hit the market. It is completely up to the user that send their funds.<\/p>\n

There is some additional onchain info like a falling exchange balances which shows people self custodying their ETH. <\/p>\n

\ud83d\udcb2 Stablecoin Demand \ud83d\udcb2<\/p>\n

There is insane demand for stablecoins right now and given that ETH is the primary settlement layer. This means that there will be insane demand to use the Ethereum network. <\/p>\n

This is also likely to increase substantially in 2021. This is because of the OCC announcement that stablecoins can be used to settle between banks. Visa has entered an agreement with Circle financial in order to connect the Visa network to the USDC<\/p>\n

There are millions of merchants and this could means insane demand to use the Etheruem network<\/p>\n

\u26a1\ufe0f ETH 2.0 \u26a1\ufe0f<\/p>\n

ETH 2.0 launched in December of 2020 and already there is insane demand for the staking. 2 million ETH has been locked up in the contract and this cannot be easily withdrawn. This takes ETH of the market and hence leads to an increase in price. <\/p>\n

You also have to consider that there is EIP 1559 that is likely to be pushed through this year. This will mean that there will be fee burns which will neuter inflation and make ETH supply stable<\/p>\n

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~<\/p>\n

\ud83d\udcdc Disclaimer \ud83d\udcdc<\/p>\n

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.<\/p>\n

#Ethereum #ETH #crypto #bullish #eth2 #scaling
\n
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\ud83d\udd25 TOP Crypto TIPS In My Newsletter \ud83d\udc49 https:\/\/guy.coinbureau.com\/signup\/ \ud83d\udcf2 Insider Info in my Socials \ud83d\udc49 https:\/\/guy.coinbureau.com\/socials\/ \ud83d\uded2 Get The Best Deals In Crypto \ud83d\udc49 https:\/\/guy.coinbureau.com\/deals\/ \ud83d\udc55 My Merch Store \ud83d\udc49 https:\/\/store.coinbureau.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ \ud83d\udcfa Useful Vids \ud83d\udcfa ETH 2.0 Explode \ud83d\udc49 https:\/\/www.youtube.com\/watch?v=8HHdrmA4sEU Fat Protocol Theory \ud83d\udc49 https:\/\/www.youtube.com\/watch?v=R5VEDVj0oJw Should You Stake? \ud83d\udc49 https:\/\/www.youtube.com\/watch?v=ar_NBiCs48w ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ – TIMESTAMPS […]<\/p>\n","protected":false},"author":1,"featured_media":1882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[33],"tags":[180,108,124,1249,1839],"class_list":{"0":"post-1881","1":"post","2":"type-post","3":"status-publish","4":"format-video","5":"has-post-thumbnail","7":"category-videos","8":"tag-eth","9":"tag-prediction","10":"tag-price","11":"tag-ready","12":"tag-takeoff","13":"post_format-post-format-video"},"_links":{"self":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/1881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/comments?post=1881"}],"version-history":[{"count":0,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/posts\/1881\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media\/1882"}],"wp:attachment":[{"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/media?parent=1881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/categories?post=1881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocurrencypanther.com\/wp-json\/wp\/v2\/tags?post=1881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}