Text size Seemanta Dutta/Dreamstime.com Coinbase turned higher Thursday but other… Source link

You could accurately say that 2021 was the year of cryptocurrencies. Granted, the biggest and oldest cryptocurrency of all, Bitcoin (CRYPTO:BTC), only rose 60%. Although that sounds like a massive jump compared to major stock market indexes, it didn’t hold a candle to other digital coins. Ethereum (CRYPTO:ETH), which ranks as the second-biggest cryptocurrency behind only Bitcoin, delivered a return of more than 5x last year. But no coin sizzled as… Source link

The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth. Ethereum competitors such as Polkadot, Solana, and Binance Smart Chain are growing faster in terms of development activity according to crypto research firm Electric Capital which released its findings on the blockchain development ecosystem in a new report on Jan. 6. It revealed that more than 4,000 monthly active open-source developers work on Ethereum —… Source link

“First Mover” hosts spoke to Harvard Business School Professor of Business Administration Marco Di Maggio about the risk and opportunity for algorithmic stablecoin. Seth Ginns, CoinFund managing partner and head of Liquid Investments, analyzed crypto markets. Plus, taking a page from ConstitutionDao, will BlockbusterDAO succeed in its mission? Tasafila, founder of BlockbusterDAO, shared insights into the movement. Source link

What happened  Shares of crypto miners took a nosedive during trading on Wednesday as the price of Bitcoin (CRYPTO:BTC) plummeted. At 4:15 p.m. ET, Bitcoin was down 4.95% in the last 24 hours, but it’s down 6.2% since early this morning.  The impact on miners was swift. Riot Blockchain (NASDAQ:RIOT) fell as much as 13.1% today, Marathon Digital (NASDAQ:MARA) dropped 14.4%, and Hut 8 Mining (NASDAQ:HUT) fell 12.8%. The stocks closed the day down… Source link

News Home Wednesday, January 05, 2022 05:20 PM | InvestorsObserver Analysts InvestorsObserver gives Monero a strong long-term technical score of 76 from its… Source link

© Reuters Litecoin Falls 10% In Rout Investing.com – was trading at $134.700 by 17:14 (22:14 GMT) on the Investing.com Index on Wednesday, down 10.08% on the day. It was the largest one-day percentage loss since December 4, 2021. The move downwards pushed Litecoin’s market cap down to $9.508B, or 0.45% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $134.700 to $149.800 in the previous twenty-four… Source link

Litecoin (CRYPTO: LTC) is trading lower Wednesday as the cryptocurrency market is seeing a red day. Litecoin is trading lower with other popular cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Litecoin has cracked below a higher low trendline support in what traders call an ascending triangle pattern. Litecoin is down 6.82% at $137.63 over 24 hours.  See Related: Is LItecoin In Trouble? Litecoin Daily Chart Analysis The crypto looked to have… Source link

What happened Today, top cryptocurrencies Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) declined 4.1% and 4.7%, respectively, over the past 24 hours as of 3:15 p.m. ET. Popular meme token Dogecoin (CRYPTO:DOGE) kept pace with these top tokens, dropping 4.6% over the same time frame. These three popular cryptocurrencies have basically paced the entire crypto market, which fell along most risk assets early this afternoon. The release of minutes… Source link

Text size Proponents of Bitcoin argue that its limited supply should make it an inflation-proof asset akin to gold. Dreamstime … Source link