Ethereum alternatives and layer-1 solutions see steady gains in September

The competition among layer-one (L1) smart contract platforms has been on the rise in the past couple of months as traders and developers continue to embrace Ethereum (ETH) network alternatives that offer faster transaction times and lower fees. According to a recent report from Delphi Digital, the price of Ether has remained relatively flat over the past month while competitors like as Solana (SOL) and Fantom (FTM) have seen their prices rally more than 200% during the same time. Relative performance of L1 tokens over the past 30 days. Source:…

BTC, AVAX, ALGO, XTZ, EGLD

China has attempted to stifle the crypto sector’s growth on several occasions in the past 12 years but barring a minor blip, the blanket bans on crypto-commerce have not altered the long-term growth of cryptocurrencies. This shows that no one country, even if it is the second-largest economy in the world, can halt the emergence and growth of cryptocurrencies. Deutsche Bank analyst Marion Laboure said in an update on the bank’s website that Bitcoin (BTC) is likely to “remain ultra-volatile in the foreseeable future” as most people buy it either…

DAOs May Be the Future of Work, but Don’t Bet on Them Being the Next Big Asset Class — CoinDesk

“A lot of the people who went through this, were at the top of the wave, they’ve been able to go on to build communities that do other things,” said Soleimani. “In the case of, for example, Joseph Delong, who was an ETH 2.0 developer at ConsenSys, he decided of his own volition to join Moloch DAO, put up 100 ETH of his own money to fund ETH 2.0 development – that was his own stuff. And now he’s in the leadership.” Source link

Ethereum price gets back to $3K as institutional investors pile into ETH futures

Ethereum’s native token Ether (ETH) staged a rebound on Sept. 26 following a massive decline earlier this week that saw its prices plunging to as low as $2,651 on Coinbase. The ETH/USD exchange rate rose 3.63% to hit an intraday high of $3,030. The upside move amounted to a 14.3% upside retracement from the pair’s week-to-date low at $2,651, showing that traders attempted to retain their bullish bias despite potential headwinds ahead. Last week, Ether prices fell due to a flurry of issues arising from China. On Monday, traders dumped…

The next generation of data-driven healthcare is here

In the past 60 years, the life expectancy of the average newborn has increased by nearly 20 years — from 52.5 to 72, as of 2018. We’ve seen an incredible wave of technological innovation in this time: The introduction of the internet, medical breakthroughs and an enhanced understanding of public health initiatives have transformed the course of human life. And with new technologies like blockchain and artificial intelligence now taking the stage, we know that even more radical transformation is coming. These disruptive technologies are paving the way for both…

Is Crypto at a Socio-Regulatory Inflection Point?

This episode is sponsored by NYDIG. Download this episode This week’s “Long Reads Sunday” returns to the format’s roots with four threads from Twitter: Chris Dixon on tokens as a new web primitive Raoul Pal on the coming change to securities laws Cozomo (aka Snoop) on getting into Punks Kris Sidial on why millennial investing is not the same See also: Art Collectors Swoon Over NFTs at Elite Basel Gathering “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor…

On-Chain Metrics Turn Bullish for Bitcoin and Ethereum

Key Takeaways Bitcoin has seen a significant increase in idle tokens exchanging hands, which may lead to high volatility. The ETH supply on exchanges has plummeted, while prices sit in the “opportunity zone.” BTC and ETH could soon resume their uptrend if these on-chain metrics remain intact. Share this article Bitcoin and Ethereum appear bound for high volatility as several on-chain metrics suggest that buying pressure is accelerating. Still, these cryptocurrencies must overcome one obstacle to resume the uptrend.  Bitcoin Whales Are Back Bitcoin and Ethereum could be ready for…