Shark Tank star Mark Cuban recently aired his thoughts on Ethereum’s upcoming “Merge” upgrade. He pointed out how Ethereum’s utility as a smart contract platform and as a deflationary asset are at odds. In an interview with Altcoin Daily on Sunday, Cuban explained that there is an inverse relationship between deflation and utilization of Ethereum. “If utilization goes up, and the value of a token goes up, then the cost to do something goes up,” he explained. “So you have…
Tag: Chart Patterns
How History Chart of a Project Can Impact your Strategy
History charts of cryptocurrency are available in different formats, including bar graphs, line graphs, and candlestick charts. The most popular is the candlestick chart in analyzing the market behavior of bitcoin and cryptocurrency. Most traders spend considerable time trying to understand how a market's history relates to its future. Whether a beginner or a novice in trading, an excellent technical analysis strategy is fundamental for successful trading. The analysis performed on historical charts helps determine future prices and possible price…
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