{"id":123252,"date":"2021-04-30T10:58:57","date_gmt":"2021-04-30T10:58:57","guid":{"rendered":"https:\/\/precoinnews.com\/?p=123252"},"modified":"2021-04-30T10:58:57","modified_gmt":"2021-04-30T10:58:57","slug":"eth-breaks-2800-crypto-analyst-lark-davis-says-i-may-never-sell-my-ethereum","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/ethereum\/eth-breaks-2800-crypto-analyst-lark-davis-says-i-may-never-sell-my-ethereum\/","title":{"rendered":"$ETH Breaks $2800, Crypto Analyst Lark Davis Says &#8216;I May Never Sell My #ethereum&#8217;"},"content":{"rendered":"<p>Yesterday (April 29), on crypto exchange Bitstamp, around 12:50 UTC, the Ethereum ($ETH) price broke $2,800 for the first time, establishing a new all-time high \u2014 $2,800.89 \u2014 one minute later. <\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2021\/04\/TV-Chart-ETHUSD-on-Bitstamp-One-Day-30-Apr-2021--1280x686.png\"><\/p>\n<p>Currently (as of 09:15 UTC on April 30), Ethereum is trading around $2,793.66, which means that it is up 1.27% in the past 24-hour period; as for the year-to-date period, ETH-USD is up 278.96$.<\/p>\n<p>Earlier today, popular New Zealand-based crypto analyst Lark Davis (@TheCryptoLark\u00a0on Twitter), who believes that $ETH is headed to $10K (and higher) in this bull cycle, said that with the prospect of $ETH becoming a \u201cdeflationary asset\u201d (following the \u201cLondon\u201d network upgrade, which should be going live on the mainnet in July and which will include EIP-1559) and the ability to earn around 5% a year in passive income by staking Ethereum, he might never sell his $ETH holdings.<\/p>\n<p>Davis also commented on the fact that Ethereum transaction costs have almost become downright affordable recently:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2021\/04\/gYY0INup-Screenshot-2021-04-30-at-10.30.32.png\"><\/p>\n<p><em>Featured\u00a0Image\u00a0by\u00a0\u201celifxlite\u201d\u00a0via\u00a0Pixabay.com<\/em><\/p>\n<p><em>The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.<\/em><\/p>\n<p>Source: <a href=\"https:\/\/www.cryptoglobe.com\/latest\/2021\/04\/eth-breaks-2800-crypto-analyst-lark-davis-says-i-may-never-sell-my-ethereum\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday (April 29), on crypto exchange Bitstamp,<\/p>\n","protected":false},"author":3,"featured_media":123251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>$ETH Breaks $2800, Crypto Analyst Lark Davis Says &#039;I May Never Sell My #ethereum&#039; - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/ethereum\/eth-breaks-2800-crypto-analyst-lark-davis-says-i-may-never-sell-my-ethereum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$ETH Breaks $2800, Crypto Analyst Lark Davis Says &#039;I May Never Sell My #ethereum&#039; - 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