Don't write off Ethereum just yet.The second-largest blockchain network by market capitalization after Bitcoin has become the dominant venue for some of the hottest cryptocurrency innovations, from decentralized finance (DeFi) to non-fungible tokens (NFT).The network's popularity – and the high fees of transacting on it – has inspired a bevy of competitors aiming to undercut … [Read more...] about Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts
Analysts
Bitcoin Stabilizes; Analysts See Relative Value in Altcoins
"Despite major developments in the bitcoin market, the current market narratives continue to lean towards emerging developments outside Ethereum and Bitcoin, namely Ethereum competitors, scaling solutions and OpenSea alternatives," 21Shares, a crypto investment firm, wrote in a report. Source link … [Read more...] about Bitcoin Stabilizes; Analysts See Relative Value in Altcoins
After Bitcoin’s Weak Start to the Year, Analysts Now Predict Price Increase
After a rocky start to the year, bitcoin (BTC) appears to have stabilized this week, and some analysts are predicting that prices could be set to rise.Bitcoin has added 1% since Sunday after dropping almost 12% in the first week of 2022. Compared with the first week of 2021, when bitcoin gained 15% and traded above $50,000, this week's move looks small, but experts say the … [Read more...] about After Bitcoin’s Weak Start to the Year, Analysts Now Predict Price Increase
Bitcoin Slips To 3-Month Low, Analysts Divided on Impact of Fed’s Tightening
On Thursday, the U.S. two-year treasury yield, which mimics short-term interest rate and inflation expectations better than the 10-year yield, rose to a 22-month high of 0.87%. The short-term yield has more than doubled to 0.76% in the past quarter, according to TradingView. The yields may rise further if the U.S. non-farm payrolls data scheduled for release at 13:30 UTC on … [Read more...] about Bitcoin Slips To 3-Month Low, Analysts Divided on Impact of Fed’s Tightening
Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts
The miners, whose shares are heavily correlated to the price of the coins they prod, are reflecting declines across the crypto market. Bitcoin, the largest cryptocurrency by market cap, fell more than 5% Wednesday alone after minutes of the U.S. Federal Reserve meeting in December pointed to a possible interest-rate increase in March, which is sooner than many had expected. … [Read more...] about Crypto Miners Are Better Investments Than Bitcoin Even After Sell-Off: Analysts