RATE Group | Ethereum 2.0 will be greater catalyst than BTC halving for market
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Ethereum 2.0 will be greater catalyst than BTC halving for market

15 May Ethereum 2.0 will be greater catalyst than BTC halving for market

Posted at 20:43h in Cryptocurrency News by

  • Messari analyst Ryan Watkins argues that Ethereum 2.0 will be a greater catalyst for crypto market than Bitcoin’s halving.
  • Ethereum Core developer Justin Drake claims they could have released Ethereum 2.0 a year ago. 

Messari analyst Ryan Watkins made a prediction about the impact of Ethereum 2.0 for the platform and the crypto industry. According to a Twitter post, Watkins believes that Ethereum 2.0 will be a bigger catalyst than Bitcoin’s halving for the performance of the crypto market. Watkins said:

ETH 2.0 is a much stronger catalyst than the Bitcoin halving simply because it’s an uncertain and fundamental change.

Watkins therefore highlights the unknown effects that Ethereum 2.0 would have on the market. In opposition, Watkins proposes that Bitcoin’s halving is a predictable event that can potentially be anticipated by the market. This is one of the points that other analysts, such as Melem Demirors, have argued. Like Watkins, some of these analysts believe that the…

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