RATE Group | Bitcoin rally to $17,000 in 6 months, Ethereum 2.0 issuance to reduce to 2 million
87149
post-template-default,single,single-post,postid-87149,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin rally to $17,000 in 6 months, Ethereum 2.0 issuance to reduce to 2 million

01 May Bitcoin rally to $17,000 in 6 months, Ethereum 2.0 issuance to reduce to 2 million

Posted at 10:22h in Cryptocurrency News by

  • Ethereum 2.0 issuance expected to reduce to 2 million a year from the current 4.7 million.
  • Fundstrat researchers predict Bitcoin price rally to $17,000 in the next six months.

Cryptoassets are not relenting in the fight to start the month of May on a positive note. The cryptocurrency market is mainly in the green led by NEO (4.8%), IOTA (4.36%), Ripple (3.82%), and Ethereum (3.52%). Bitcoin is lagging recovery after testing $8,400 support following a reversal from April highs at $9,500. The granddaddy of digital assets is trading at $8,774 after adding 1.73% to its value.

Ethereum 2.0 issuance to be drastically reduced

According to Vitalik Buterin, the co-founder of Ethereum, issuance of ETH 2.0 will be reduced by a large margin. Buterin was speaking in a podcast interview with POV Crypto referred to as “Internet of Money.” He also touched on the features that distinguish Ethereum from Bitcoin as well as the reasons why the network is moving to a Proof…

Source link

Tags:
, , , , , , , , , ,