The latest findings in Cointelegraph Consulting’s biweekly newsletter suggest that Ether won’t sustain its rally. The 365-day market-value-to-realized-value ratio of Ethereum’s native Ether (ETH) token is currently at a two-year high of 1.88. This indicates that Ether’s long-term holders are presently up 88% on their initial investment, on average. This is the highest average profit for Ether’s long-term holders since February 2018, and there’s a rising incentive to sell and take profits. Over the past 30 days, the collective balance of Ether mining pools has shrunk by more than 80,000 ETH (around $35,000,000 at current prices), suggesting some level of …
BlockShow, an international blockchain event powered by Cointelegraph, along with the well-known San Francisco Blockchain Week, has announced its first-ever online trade show called Unitize. The gathering is going to be held digitally over a week-long period — with new content being delivered to audiences on a near-daily basis, beginning on July 6. Although the world may have ground to a halt because of the coronavirus pandemic, organizers said the community is “still building, trading and investing.” It’s hoped the virtual extravaganza will celebrate the milestones that have been reached in the “lost months” of 2020, even if many of …
79 percent of attendees at crypto events are male, according to a report by events-oriented software firm Bizzabo on Jan. 28. After analyzing the registration information of 100 different cryptocurrency-related events in 15 countries, Bizzabo found that the overwhelming majority of attendees were male. In the course of the survey, Bizzabo took data from the United States, the United Kingdom, Belgium, Canada, Israel, Hong Kong, China and Australia, with the U.S. leading other countries in the number of registrants and attendees at crypto events. 57 percent of attendees were employed in the financial sector, while other registrants at crypto events …
Decentralized exchanges have continued to increase their market share, spurred on by high Ethereum gas prices, a rapid release of decentralized token sales, and layer two networks incentivizing developers to make their protocols accessible to users on different networks. The latest findings by Covalent in Cointelegraph Consulting’s biweekly newsletter indicate that the top DEXs on Binance Smart Chain, Avalanche C-Chain, and Polygon (formerly Matic) began to rise in volume as Ethereum gas prices pushed higher. PancakeSwap became the first DEX on BSC to breach the $1 billion mark in volume over a 24-hour period, despite entering February with only around …
Women are still at risk of being excluded from jobs in fast-growing careers like blockchain and artificial intelligence (AI), a LinkedIn co-founder warned. Allen Blue, co-founder of major professional social network LinkedIn, has raised concerns about occupational inequality in industries like blockchain at the World Economic Forum annual meeting in Davos on Jan. 24. The executive delivered his remarks on the issue in an interview with Abu Dhabi-based news agency The National. The LinkedIn co-founder urged the global community to take measures to prevent the further extension of the gender gap in employment when it comes to jobs of the …