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For over a century, the stock market has been one of the world’s top wealth creators. While stocks might not outperform every year, equities have delivered a significantly higher average annual return relative to other asset classes. But over the past decade, the supremacy of the market has been called into question by the returns of highly volatile cryptocurrencies. In particular, the popular Ethereum (CRYPTO:ETH) token Ether has returned close to… Source link

Ethereum will have a very bullish year, according to a price prediction poll made by Finder. The average price that the second-ranked crypto asset by market capitalization will reach this year is about $4.5K, according to polled experts in the cryptocurrency industry. The panel is also bullish about ethereum long term, expecting a price of about $18K for the year 2025. Experts Bullish About Ethereum in the Short Term Finder, an investing companion app, Source link

TechCrunch Element, a messaging app built on the decentralized Matrix protocol, raises $30M Element has picked up $30 million in a Series B round of funding. Matthew Hodgson, Element’s CEO and the technical co-founder of the open source, non-profile Matrix protocol, also said that some will be used to continue investing in the company’s peer-to-peer architecture to eliminate any need for servers. Cloud revenues grew 300% in the last 12 months, and although the company didn’t disclose how… Source link

A job posting for a digital currency lead had pushed Bitcoin past $40,000 on Monday, its highest since June 15. Amazon.com Inc is denying a media report saying the e-commerce giant is looking to accept Bitcoin payments by the end of the year. The report from London’s City AM newspaper, citing an unnamed “insider”, sent the world’s biggest cryptocurrency up as much as 14.5 percent before it trimmed gains to last trade 6 percent higher at $37,684.04. “Notwithstanding our interest in… Source link

Ethereum Ethereum rose by 1.64% on Monday. Following a 0.29% gain on Sunday, Ethereum ended the day at $2,228.26. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,172.99 before making a move. Steering clear of the first major support level at $2,135, Ethereum rallied to a late intraday high $2,437.99. Ethereum broke through the day’s major resistance levels before a late pullback to sub-$2,250 levels. The pullback saw Ethereum fall back through the third major… Source link

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What happened The cryptocurrency market received a major boost on Monday from a report that Amazon (NASDAQ:AMZN) was preparing to accept Bitcoin (CRYPTO:BTC) and other cryptoassets as forms of payment in the coming months.  The news helped to drive Bitcoin’s price up 9% as of 4:55 p.m. EDT on Monday. Ethereum (CRYPTO:ETH) and Dogecoin (CRYPTO:DOGE) also rallied, to the tune of 5% and 7%, respectively. So what Amazon recently listed a job posting for… Source link

If you’re just starting out in blockchain and cryptocurrency, it’s essential to understand the industry jargon.  The terms digital assets, cryptocurrencies, and tokens are often used interchangeably, but they’re materially different in a few ways. If you’re in the legal industry, these small variations can make all the difference in a case– just wait until you get to security token classifications!  As you will inevitably notice, most… Source link

A rally by bitcoin on Monday wasn’t all about a help-wanted ad from Amazon.com Inc., crypto analysts said. The ad, seeking a “digital currency and blockchain product lead” got credit for getting the ball rolling as it stoked expectations the e-commerce and cloud computing giant could soon begin accepting bitcoin for payment. That theme was reinforced after City A.M., a London-based financial news organization, cited an unnamed Amazon AMZN,