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Showing results for tags 'bitcoin supply shock'.
According to research from Coinbase, the worst of the crypto market's macro capitulation is over, with a bullish second half of 2022 arriving. The exchange published a report which outlined several factors for its findings. Specifically, Ethereum's shift to proof-of-stake (PoS), which would reduce ETH supply and, ideally, make it a deflationary asset, is something bulls can anticipate, according to the report. Another factor might be the "commoditisation of Ethereum layer-2 networks," which would result in new L2 tokens and possibly a new crypto investment category. The report also highlighted that incoming regulatory clarity in the US will ground confidence for investors. https://www.coinbureau.com/news/coinbase-report-says-capitulation-mostly-over-bitcoin-supply-shock-in-play/