Day: January 23, 2023

Ether Prices Fall Relative to Bitcoin

James Rubin

Ether also rose then dipped on Monday but continued to trade comfortably over $1,600, about flat from Sunday, same time. Other major cryptos were mixed with AVAX, the token of base layer protocol Avalanche, and XRP, the native crypto of open source public blockchain XRP Ledger, up more than 4% and 5%, respectively, but AXS, the governance token of gaming platform Axie Infinity, dropping more than 12%. AXS had soared more than 40% on Sunday. The CoinDesk Market Index (CMI), a measure of leading cryptos’ market performance, was up slightly.…

Yesports Partners With 30+ World Class Web3 Games to Announce “Convergence 2023”

Anthony B

Share this article Yesports.gg, the leading gateway for Web3 gamers and esports fans, announced today that registration is now open for the highly-anticipated “Convergence 2023” event. Merging Web3 Gaming and Esports The largest digital Web3 gaming to esports conference, hosted by Yesports founder Sebastian Quinn, will take place over three days and features founders from 35 of the top Web3 games, including; ZedRun, Decentral Games, Planet IX, Fabwelt | Arsenal, Exiled Racers, Undead Blocks, Metalcore, and Shatterpoint. This unique digital conference will also feature 3 leading global esports founders from…

Bitcoin miners’ worst days may have passed, but a few key hurdles remain

Nivesh Rustgi

Bitcoin’s mining industry has been relatively stable compared to the bearish price action and the tumultuous fallout of exchanges and lending companies.  The network’s hashrate dipped slightly toward the end of 2022, primarily due to an unprecedented blizzard in the U.S., and has since recovered strongly to surpass its previous peak above 270 EH/s. It was particularly encouraging to see that the hashrate holding well above summer 2022 lows, despite the aftermath of FTX collapse. Bitcoin 7-day average hash rate. Source: Glassnode However, despite the recent robustness in a variety…