ETH tailwinds in H2:
* Significant New Demand: Pending ETF approval
* Constrained Supply: Limited-to-zero net issuance
* Improved Regulatory Clarity: Just look at the ETF approval or the SEC dropping its Consensys lawsuit
* Radically Improved Throughput; The market doesn't yet realize the importance of the Dencun upgrade or the real rise of Layer 2s. Killer apps coming soon.
* Significantly Improved UX: Thank you Base
* Institutional Adoption: Firms like BlackRock embracing public blockchains will build first on Ethereum
* Cycle Timing: Classic alt-coin cycle coming
* Macro Conditions: Fed rate cuts
* Election: Possible major catalyst to adoption
Pretty sweet set-up tbh.
Source: Matt Hougan
* Significant New Demand: Pending ETF approval
* Constrained Supply: Limited-to-zero net issuance
* Improved Regulatory Clarity: Just look at the ETF approval or the SEC dropping its Consensys lawsuit
* Radically Improved Throughput; The market doesn't yet realize the importance of the Dencun upgrade or the real rise of Layer 2s. Killer apps coming soon.
* Significantly Improved UX: Thank you Base
* Institutional Adoption: Firms like BlackRock embracing public blockchains will build first on Ethereum
* Cycle Timing: Classic alt-coin cycle coming
* Macro Conditions: Fed rate cuts
* Election: Possible major catalyst to adoption
Pretty sweet set-up tbh.
Source: Matt Hougan
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Japanese public company Metaplanet issues ¥1 billion in 0.5% bonds to buy more Bitcoin
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