Cryptocurrencies are a great alternative to fiat currency. These are digital peer-to-peer currencies that are decentralized. These are meant to alter the financial sector while simultaneously functioning as a tool for resolving complex real-world challenges. The major factor enabling crypto expansion is encryption as crypto projects are not controlled by middlemen. So far, the cryptocurrency market has seen a variety of currencies, each with its own set of applications. Utility tokens… Source link

Illustration by Mitchell Preffer for Decrypt The price of Ethereum was reeling this week after predictions that the merge would be a “buy the rumor, sell the news” scenario largely played out. Over on Crypto Twitter, people continued to discuss the network this week after U.S. Securities and Exchange Commission (SEC) Chief Gary Gensler redoubled his offensive against crypto, also aimed at Ethereum.  It’s becoming increasingly evident that Gensler views Ethereum as a security. And on… Source link

The ongoing crypto market volatility has partly plunged most investors into losses, with the general sell-off showing minimal signs of cooling down. However, some holders are still in profit, which varies based on the specific asset in question.  In particular, a comparison of the number of holders in profit between Litecoin (LTC) and Ethereum (ETH) exhibits significant differences. In this line, as of September 25, the share of Litecoin holders still in profit with the assets trading… Source link

Virtual money, digital gold, inflation hedge, uncorrelated asset, store of value: those are phrases once used by Bitcoin’s fans to describe the cryptocurrency’s virtues. Its new narrative? A Bitcoin is a Bitcoin. That’s the expression that’s making its rounds on Twitter in recent days, where users, amid a deep decline in prices, have been posting that 1 BTC = 1 BTC. The idea is that it doesn’t really matter what the coin’s price is. Its supply is fixed and that should,… Source link

Bitcoin (BTC) headed for its lowest weekly close since 2020 on Sep. 25 as a week of macro turmoil took its toll. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader prepares for “important week” for BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading near $19,000 with hours left to run on the weekly candle. While only down $400 since the week began, the pair offered traders little optimism amid fears that the coming days would continue the bleedout… Source link

Bitcoin and gold are both valuable assets that can be used to protect against inflation; nevertheless, there are important differences between the two in terms of their history, accessibility, and other sources of demand. Gold, undoubtedly, has a lengthy history and solid basis, while Bitcoin has barely more than a decade of existence to prove its worth as an inflation hedge. In November of last year, the price of a single BTC soared beyond $65,000, setting a new… Source link

Alex Dovbnya Mike Novogratz continues to see a strong bullish case for Bitcoin as many fiat currencies keep losing their value against the U.S. dollar After Bitcoin failed to act as an inflation hedge, its proponents are struggling to come up with another narrative, but Galaxy Digital CEO Mike Novogratz insists that the case for the world’s largest cryptocurrency is playing out “every day.” Novogratz has pointed to the fact that the Turkish lira, the Argentinian peso, and other… Source link

The pandemic of 2021 caused a lot of people to add a few pounds and adopt unhealthy eating habits. The journey to physical health isn’t as easy as losing track of what you eat and gaining a few extra fats. Runfy (RUNF) has devised a way to promote a healthy lifestyle and counter the effects of weight gain by incentivizing weight loss and a healthy lifestyle. Does Runfy (RUNF) have what it takes to surpass Litecoin (LTC) and Solana (SOL)? Litecoin (LTC) and… Source link

For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital asset. That day seems to have come, though it appears it was an inside job. Lido-staked Ethereum (stETH) and other liquid staking derivatives are primed to render Ether (ETH), as an asset, obsolete.  The transition from proof-of-work (PoW) to proof-of-stake (PoW) allows everyday decentralized finance (DeFi) users to… Source link

Ethereum’s [ETH] co-founder, Vitalik Buterin, recently commented about the king of altcoin’s next steps. While attending the 2022 Messari mainnet event virtually, Vitalik said that the surge was the next move after its successful translation to Proof-of-Stake (PoS). Meanwhile, this was not the first time the crypto head mentioned the surge. On the day of the Merge, Vitalik also pointed out the same thing. However, Vitalik seemed to have expanded more on the details than… Source link