Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the world’s largest DeFi conference.  What sets Permissionless apart? It’s a crypto native’s paradise, crafted specifically for both builders and investors who […] Source link

Grayscale Investments STAMFORD, Conn., Jan. 06, 2023 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective fourth quarter 2022… Source link

This week, we take a closer look at Ethereum, Ripple, Cardano, Litecoin, and Solana Ethereum (ETH) This Wednesday, the bulls took over the price action and pushed ETH all the way to the key resistance at $1,260. Since then, the price seemed unable to break above. Nevertheless, Ethereum still managed to book a 3.8% increase in the past seven days. The fact that in the past two days, the price has been rather timid in pulling back from this most recent rally suggests that… Source link

Bitcoin‘s (BTC -0.48%) fortunes turned south in 2022 as the token’s value fell 64% and both investors and traders began to question the cryptocurrency’s future. Bitcoin failed to be a hedge against inflation while falling behind upgraded blockchains like Ethereum (ETH -58.44%) and Solana (SOL -2.11%) when it comes to utility. As the calendar turns to 2023, will Bitcoin gain traction and get back to $30,000, or is the bull run over? Here’s what you need to consider this year.  The digital… Source link

Bitcoin (BTC) could be busy forming fundamental support in its current tight trading range, the latest research suggests. In a tweet on Jan. 6, trading platform Trend Rider noticed that $16,800 is becoming an increasingly important BTC price support zone. Point of control establishing below $17,000? Bitcoin’s lack of volatility has led commentators to debate when a breakout could occur — and in what direction it could go. So far, however, the increasingly narrow trading range in place since… Source link

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A widely followed crypto analyst is warning Bitcoin (BTC) traders that the weekend ahead could be a tricky one. Popular crypto trader Michaël van de Poppe tells his 644,000 Twitter followers to avoid overleveraging BTC heading into the first weekend of the new year. “We should be good if Bitcoin remains above $16,600.  Tricky weekend coming up with Grayscale, tomorrow unemployment data and such. Wouldn’t go crazy on leverage.” Van de Poppe then goes into further detail… Source link

From Las Vegas at CES,” First Mover” host Christine Lee kicked off CoinDesk’s coverage of the largest tech conference of the year. CoinDesk’s Pete Pachal gave a preview. Also, as the U.S. House of Representatives struggles to elect a speaker, how could the outcome impact this year’s crypto agenda in Washington, D.C.? Ron Hammond, Director of Government Relations at the Blockchain Association, shared his predictions. Plus, bitcoin is still trading flat, but for how long? Katie Stockton,… Source link

Ethereum is currently following the general crypto market trend at this point and has been posting only slight gains in the last 24 hours. With the bear market in full swing, a large number of cryptocurrencies remain at risk of losing more of their value. However, for Ethereum, there could be a bull trend on the horizon and it has to do with staking on the network. Shanghai Upgrade Will Drive Ethereum Up Currently, compared to the other Layer 1 proof of stake networks in the sector,… Source link

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The range-bound trading witnessed in the crypto market over the past three weeks continued on Thursday after the latest economic data showed private payrolls rose more than expected last month and weekly jobless claims fell to a three-month low. Tightness in the labor market… Source link