Mar 07 2021

Ethereum’s EIP-1559 & Stimulus Checks Could Send ETH Back Above $2k

published by John P. Njui
in blog Ethereum World News
original entryEthereum’s EIP-1559 & Stimulus Checks Could Send ETH Back Above $2k

eip1559 ethereum (eth) ethereum (eth) news ethereum network ethereum price analysis ethereum upgrade

Quick take: Ethereum's EIP-1559 is scheduled for implementation this July during the London hardfork EIP-1559 includes the implementation of a BASEFEE that will be burnt with each transaction Burning of the BASEFEE makes Ethereum a deflationary asset EIP-1559 coupled with incoming $1,400 stimulus checks, could send Ethereum back above $2k Ethereum's EIP-1559 is scheduled for implementation this July alongside the London hard fork....

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