TagBear market

11 months ago

Ethereum’s Surge in 2023: Breaking Barriers and Setting New Heights

By John Molten
2 Min read
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14November

Ethereum (ETH), the second-largest cryptocurrency, has experienced a significant uptick in its price over the past month, soaring to a year-to-date high of $2,139. This surge is partly attributed to the broader bullish wave in the crypto market and BlackRock’s involvement in filing for a spot ETH exchange-traded fund (ETF). Notably, ETH has outperformed Bitcoin (BTC) and many altcoins recently, marking a shift in market dynamics, as indicated by data from market provider Kaiko. Despite earlier struggles to gain momentum, even with successful upgrades like The Merge, Ethereum’s...

11 months ago

3 Reasons Why Investing in Bitcoin Now is a Timely Move

By John Molten
2 Min read
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09November

Bitcoin’s remarkable recovery and burgeoning signs of a new bull market present compelling reasons for considering an investment in the cryptocurrency. This article explores three persuasive factors suggesting why now is an opportune time to buy Bitcoin. The End of the Bear Market: A New Crypto Spring Recent trends and analyses indicate that the grueling Bitcoin bear market of 2022 has finally ended, ushering in a new phase of growth. Bitcoin’s recovery aligns with its roughly four-year market cycle, characterized by a significant pullback followed by a surge to new highs over the...

12 months ago

Blockchain Gaming: Resilience in a Bear Market as Q3 Investment Tops $600 Million

By John Molten
1 Min read
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15October

Crypto gaming continues to attract significant investments, demonstrating resilience amid challenges in both the gaming and crypto markets. In the third quarter of 2023, blockchain games secured approximately $600 million in funding, marking a 38% decline from the $973 million invested in the second quarter. However, this substantial amount brings the total funding for the year to approximately $2.3 billion, highlighting the sector’s enduring appeal. Interestingly, a significant portion of the Q3 funding went to gaming-centric investment firms, reaffirming the venture capital...