Investors could be anticipating the protocol improvement proposal EIP-1559 set to go live in July, which aims to fix the surging gas fees. The upgrade intends to use flexible block sizes instead of the current fixed model, and it aims for a network utilization below 50%.
Interesting article about the price of ethereum and where it might be going from here. Eth has been on a tear lately making new highs this weekend, along with some of the other big names in the crypto space. I kind of have that feeling again that bitcoin is about to make new highs through another strong move. Anyway ethereum has a lot going for it right now investment wise, there's still a lot being built on top of it, and upgrades are on the way. I'm not buying more right here, but I'm certainly not selling any. I'll bet along side of the futures market.
Read the full story here....
https://cointelegraph.com/news/38-ethereum-futures-premium-signals-traders-anticipate-2-500-eth