Hello guys, today I am going to talk about latest news for Ethereum a type of cryptocurrency. I will also discuss about Black Swan Event coming in the fall.
Lets talk about Ethereum, you will feel glad to hear that London hardfork is coming this wednesday. London fork does actually have a fundamental shift that will create some on-chain analytics, such as reduced supply of Ethereum that will actually have favorable effects on its value. There are large Bitcoin and Ethereum whales that are getting their wallets in order for some large moves this week, so it means coming week looks well for Bitcoin and Ethereum. Billions of dollars being moved around this week for incoming move. Now, lets talk about XRP because it heavily speculated upon last week. According to latest news we have a little bit time crunch with XRP. I mean, if you are looking for XRP pumping in the coming months we should got to have something break with this sooner ratjer than later.
Lets know about black swan event now, I took this information to believe that this event is going to trigger the deflation. Actually black swan event itself is a deflation will be an economic downturn and will effect people for decades. Japan is in deflation nor for 30 years.
CONCLUSION: The rallying cry of Bitcoin and crypto has been keep your money out of cash, but there will be a time coming when cash would be your best friend