I knew I was in the right place when l saw a flier taped to a streetlamp advertising the “world’s first NFT bong.” It was 35 degrees at ETHDenver, an annual Ethereum event that started in 2017, and people were standing in line in the cold afternoon sun for COVID tests. More than 12,000 people from 100 countries came to Denver, though only about 8,500 checked into the conference. ETHDenver is a mix between developer conference and all-out party At five years old, it’s the… Source link

For well over a century, the stock market has been the premier wealth-building machine. Even though it doesn’t outpace bonds or commodities every year, its average annual gain over the very long run is unmatched when compared to other asset classes. But over the past couple of years, it’s cryptocurrencies that have run circles around the stock market. Since the March 2020 pandemic low, the benchmark S&P 500 has come close to doubling. Meanwhile, the… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

PrimeXBT offers a Cryptocurrency, FX, Indices, and Commodities synthetic contract trading infrastructure. PrimeXBT has listed 24 new trading instruments featuring many of today’s most popular cryptocurrencies, the multi-asset platform announced. The 24 new digital assets available for trading include Binance Coin (BNB), TRON (TRX), TEZOS (XTZ), Terra (LUNA), FTX (FTT), FileCoin (FIL), Avalanche (AVAX), Fantom (FTM), Elrond (EGLD), Polygon (MATIC), Stellar (XLM), Axie Infinity (AXS), Shiba… Source link

Like most cryptocurrencies, 2022 started on a rough note for Ethereum, which nearly halved to $2,200 in January from $4,000 last year. Things looked peachy for the world’s second-largest crypto in 2021 as Ether (ETH) traded around the $4,000 mark, and its global market cap rose to $500 billion by the end of the year. However, the New Year started on a rough note for Ethereum, whoch slid to $2,200 odd levels in January following interest rate hike indications from the Federal Reserve. Ether… Source link

An experiment from Dragonfly Research that compared the performance of six blockchains by testing the capacity of automated market makers (AMMs) on each has found Solana’s Orca decentralized exchange (DEX) was the clear winner in trades per second.  It managed 273.34 trades per second and created a new block every 590 milliseconds. BNB Smart Chain wasn’t too far behind with 194.6 trades per second on PancakeSwap, followed by Polygon, Avalanche, Celo (CELO) and, finally, Ethereum. A blog… Source link

Ethereum price moved past the 50-day SMA at $2,853, indicating the uptick in buying pressure. A successful retest of the 50-day SMA will seal the breakout and forecast a move to $3,200. A twelve-hour candlestick close below $2,558 will create a lower low and invalidate the bullish thesis for ETH. Ethereum price action has been stuck between two major barriers since January 24. The recent uptrend allowed ETH to push through a vital resistance barrier, signaling the… Source link

Bitcoin (BTC) pulled off an impressive double-digit rally this year, but the digital asset has been struggling to break the $45,000 resistance lately. This level does not hold any historical importance because it has been easily breached multiple times. The same can be said for Bitcoin’s $850 billion capitalization, which isn’t anywhere close to silver’s $1.4 trillion, or the Amazon and Google’s $1.7 trillion market value. Bitcoin’s market cap is often compared to gold, which has a $12.3… Source link

Throughout this series of articles, we’re looking at the top blockchains in cryptocurrency to help you make sense of the alphabet soup of so-called “altcoins” that exists beyond that of bitcoin’s BTC and Ethereum’s ETH. We will look at what they are, how they work, what they do, and their pros and cons. You’ll come out of this series not only with a better sense of what cryptocurrency is all about, but you’ll also understand why the way a token works — the way its blockchain… Source link

Investor sentiment across the cryptocurrency ecosystem has seen a significant shift in the positive direction over the past week, despite events in the wider world. Currently, Bitcoin (BTC) is back above $43,500 and many altcoins are also witnessing double-digit gains. Crypto Fear & Greed index. Source: Alternative The ongoing conflict in Ukraine and recent actions taken by governments to limit access to banking services may have helped to shine a light on the value of holding… Source link