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Ethereum: ETH 2.0 Projections You HAVE To See!! πŸ”‰πŸ¦‡

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πŸ“Ί Useful Vids πŸ“Ί

ETH Video June πŸ‘‰
ETH Video April πŸ‘‰


0:00 Intro
2:11 What Was London Upgrade?
5:19 Impact of Upgrade
8:26 Incoming ETH 2.0
12:49 Bullish Onchain
15:10 Wall Street Adoption
18:12 Options Markets
20:04 Conclusion


⛓️ πŸ”— Useful Links πŸ”— ⛓️

Helpful Post on EIP 1559:
Coinbase H1 Report:
Genesis Trading Report:
Coindesk article on Options:
ETH Burn Tracker:
Tim Beiko Twitter:
Justin Drake Twitter:


πŸ“ Why London Important πŸ“

This was an Ethereum upgrade that incorporated a number of Ethereum Improvement Proposals or EIPs.

One of the most consequential of these was EIP 1559. This was an EIP that has been in the works for some time that would radically change the way that the Ethereum transaction mechanism works.

However, this often created an incentive for miners to bid up these fees through a tactic called miner extracted value or MEV.

The Ethereum London upgrade went through without a hitch. This is bullish for the upcoming 2.0 upgrades.

πŸ”₯ Impact of Upgrade πŸ”₯

ETH started being burned the moment of the upgrade. So far we have over 39k that has been burned. You still have block rewards though.

So, what that basically means is that the ETH inflation rate has been reduced from about 4.2% to 3%. What’s important to understand here though is its not deflation, but a reduction in the *inflation rate*.

Fees did not adjust down too much but this was expected.

πŸ“ˆ ETH 2.0 Incoming πŸ“ˆ

When Ethereum progresses to ETH 2.0, then it is likely that the burn rate will exceed the block rewards. This will mean that Ethereum becomes a deflationary asset and “ultra sound” money.

This is all according to projections by the senior Ethereum researcher, Justin Drake.

When you have an asset that is falling in supply year on year, it makes it more rare and hence more desirable.

πŸ‚ Bullish Onchain πŸ‚

There has been a massive fall in the amount of ETH that is held on exchanges. This is bullish as it means that this ETH will not be sold anytime soon.

This ETH has either been locked in smart contracts to be used in Defi or it has been sent to the ETH 2.0 deposit contract. Funds that are locked in these smart contracts are unlikely to be sold anytime soon.

πŸ‚ Institutional Demand πŸ‚

Large wall street institutions are bullish on ETH. Goldman Sachs has said that there is a high likelihood that it will overtake Bitcoin which as a dominant store of value.

In the Coinbase institutional H1 report, ETH trading volume has literally skyrocketed. Last year, volume was at $92 billion. This year it was $1.4 trillion.

There was the same trend in the Genesis trading report from their OTC desk. Bitcoin trading volume has fallen from over 80% at the end of Q2 last year to roughly 47% of trading volume in Q2 of this year.

ETH volume was less than 5% of Genesis’ trading volume last year whereas this year it was up to 25% of Q2 volumes.

πŸ“ˆ ETH Options Bullish πŸ“ˆ

When it comes to pricing assets in the future, it helps to take a look at what is going on in the options markets.

After the London hard fork went live last week, ETH options activity picked up quite a bit. This volume was mostly in CALL options which are a bullish sign.

But it’s also the strike prices of these options. The most popular options were those that expired in March of next year with strikes of 50k and 40k.

One more thing that you can look at is the price that investors are willing to pay for CALLs relative to PUTs. The 25 Delta skew has been on a sustained decline which shows that people were increasingly more willing to buy CALLs – bullish.


πŸ“œ Disclaimer πŸ“œ

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.

#Ethereum #ETH #Crypto #Cryptocurrency #defi

Source: Coin Bureau

39 Responses

  1. If your investing experience is less than 10 years start with 5-6 portfolio. don't bet big on any single company, learn the process first.. initially diversification is not that bad, it really worked for me in initial years. remember that protection of capital is a must.

  2. This business model is NOT better than Traditional Banks! Miner fees disincentivies my buying or trading incentives. Dollars for Dollars is a model that I prefer. In fact I am looking forward to moving away from Ethereum Defis.

  3. On a purely HODL perspective, im with you on the scarcity of ETH, FYI also watched Raoul Pal say the same thing. Long term once all the institutional players are in the game, and come April i see a lot ALOT of people looking to take profits. As to the use of network perspective… gas fees are a pain in the arse, miners will definitely start to take profits at some point. April/May will be interesting… im just holding, if there is nice little dip i may top up a little, but doubt that will happen.

  4. His American accent is actually reminding me of old american accents that you find on the east coast.
    Look that stuff up. Its crazy.
    "Oldest American dialects" are still british sounding.
    Some Canadians sound slightly British as well.

  5. I’ve watch many CB vids and finally I see that half truths are mixed toward a biased propaganda picture of various crypto. The distinct candor and demeanor of guy is a brand that seeks credibility but the actual content when carefully weighed seriously dispute that notion. Take this channel with a grain of salt because in the end it’s just another schill

  6. Never challenge Bitcoin, centralized vs decentralized. Make money but try to remember that a store of value will not be by any centralized entity, may as well head over to your local bank. In my opinion… not financial advice.

  7. Hi Guy. Love your videos, thanks for your hard work. Normally the market reacts to negative news and the pending infrastructure bill's crypto provisions can't be good news, but the market is rallying. Can you explain this?

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