#EthereumNews #ETH2.0 #EthereumPricePrediction
In today’s crypto news look at how the upcoming ETH 2.0 burn could affect the Ethereum price. We look at optimistic rollups and how this layer 2 solution could help bring DeFi to smaller players. We look at the Ethereum/Bitcoin chart to see how ETH is underperforming BTC. We finish off with a TA to give an Ethereum price prediction and price analysis.
Timestamps ⏰
00:00 Ethereum news
01:33 Locked ETH
04:20 $1.2B BTC on Ethereum
06:10 Optimism L2
09:28 Aave’s LEND
11:49 ETH Price Prediction
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Sources:
https://www.coindesk.com/one-way-eth-burn-kick-start-ethereum-2-0-pos
https://decrypt.co/42977/record-1-2-billion-bitcoin-now-on-ethereum
https://cryptopotato.com/optimism-for-ethereum-as-layer-2-testnet-gets-launched-what-does-it-mean/
Optimistic Rollups Finally Make It to Ethereum, Synthetix Offers Rewards to Participate
https://www.crypto-news-flash.com/ethereum-based-defi-lend-is-up-5000-and-gets-an-important-update/
How do optimistic rollups compare to other scaling solutions and ETH 2.0?
1) Fully compatible with other L2 solutions like Plasma and state channels (which are more complex)
2) Can co-exit with ETH 2.0 as rollups can transition to relying on individual shards vs. full mainnet— Danish Ajmeri (@dajmeri) September 25, 2020
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