“Ether may continue to outperform bitcoin as ETH’s annual issuance continues to fall rapidly. Therefore, thanks to the transaction fee burn mechanism, any increase in on-chain activity should bring Ethereum firmly into deflationary issuance territory and may have a substantial outsized effect on Ethereum’s price,” Josh Olszweicz, head of research at digital asset fund manager Valkyrie Investments, told CoinDesk.
Related posts
-
Bitcoin Slips Under 200-Day Moving Average – Will The Downtrend Continue?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry... -
XRP Set for a ‘Life-Changing’ Month? Expert Sees $27 Incoming
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry... -
ETF Weekly Recap: Four Consecutive Weeks of Outflows for Bitcoin ETFs With Another $799M Exit
Bitcoin ETFs experienced a net weekly outflow of $799 million, marking the fourth consecutive week of...