-with ETH2.0 and the swap from PoW to PoS, the issuance of new ETH drops significantly. And in order to even get the newly minted ETH you need to stake your current ETH (lock it down for a set period of time).
-as #2 market cap crypto it will be next in line ideally for all the stuff Bitcoin is capturing (ETFs, attention of big players)
-the US giving the ok for banks to use stable coins. We saw with this GME stuff the flaws of using middlemen and ACH times. Most of the stable coins like USDC that are most commonly used run on Ethereum blockchain and banks/brokers will need to hold Ethereum to pay the small transaction fees for the stable coins transactions.
Tldr is Bitcoin digital gold, Ethereum programmable money
I came for the adrenaline highs of meme stonking. Buying calls on CLVS has been the excitement equivalence of a $1000 trip to the library, or duck pond.
CLVS feels like putting your money in a savings account because the price never changes by more than a percent or two. There’s always a daily pump of like 5-10% to get your hopes up and then it drills red to close
In December, AMC signed a commitment letter with Mudrick Capital that called for the hedge fund to buy $100 million of new secured bonds that pay 15% cash or 17% deferred interest. In exchange, Mudrick received a commitment fee equal to about 8 million AMC shares.
There’s so many of them no matter what gets pumped, one of them is going to crush. (they screwed up on the DMV style billions boat, but they had their best month ever)
