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Bitcoin (BTC) is often considered an inflation hedge and recent market behavior seems to support this belief. ARK Invest CEO, Cathie Wood, said that Bitcoin (BTC) and Ethereum (ETH) are behaving like risk-off assets amid financial uncertainty. According to Wood, BTCs resilience during the banking crisis is one of the most impressive indicators.

Wood believed that Bitcoin (BTC) and Ethereum (ETH) will disrupt the traditional world order. Both assets can be considered like gold because investors are using them as flight to safety assets, she added. According to Wood, cryptocurrencies will eventually be raised during elections. As the sector becomes more widely accepted, the public would want to see regulatory measures by the US government. However, not everyone is sold on the idea that BTC and ETH behave like gold.

American billionaire, Ray Dalio, however, does not share Woods sentiment. Dalio feels Bitcoin (BTC) is neither an effective store hold of wealth nor a medium of exchange. BTC has volatility, which Dalio mentioned, and has no relation to anything. Because of this reason, Dalio says that BTC is a poor alternative to gold. Dalio is the founder of Bridgewater Associates, the worlds largest hedge fund by assets under management.

Dalio has previously called Bitcoin one hell of an invention. However, the American billionaire seems to have changed his stance on the original cryptocurrency.

Regardless of opinions, one cannot thwart Bitcoin and Ethereums performance, compared to traditional assets. BTC has made gains of over 80% since January 2023, eclipsing the S&P 500s 7.7% growth so far in 2023. Although BTC has its fair share of problems, there is no denying its position as the best-performing asset, amid the financial challenges that the world is going through.

At press time, Bitcoin (BTC) was trading at $29,976.74, down 1.3% in 24 hours, while Ethereum was trading at $2,100.13, with no change in the 24-hour charts.

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Are Bitcoin And Ethereum Like "Gold," Or a "Poor Alternative"? - Watcher Guru

-Ethereum developer Tim Beiko shared his take on the aftermath of the Shapella Upgrade that went live last week.

-The developer revealed that after Shapella, Ethereums team is now focused on Ethereum Improvement Protocol (EIP) 4844.

Tim Beiko, head of the Ethereum protocol developer calls, recently appeared in an episode of Unchained Podcast hosted by popular crypto influencer Laura Shin.

During the interview, the Ethereum core developer discussed several aspects of the Shanghai Capella upgrade aka Shapella Fork which went live last week.

The unstaking of billions worth of Ether was arguably the largest concern among Ethereum stakeholders in the run-up to the Shapella Fork.

In addition to the selling pressure that experts had anticipated for ETH, community members had voiced concerns about the technical impact and the security-related issues that may arise from the networks transition to Proof-of-stake.

Speaking on these issues, Tim Beiko listed the methods that were used to limit security concerns.

These included activating specific withdrawal addresses for validators to receive their unstaked ether, running different kinds of simulations to ensure smooth withdrawals while maintaining the security of the network, and restricting the number of credential changes that can be processed per block, among several other measures.

When asked about his take on nearly $200 million worth of staked ether being withdrawn within 24 hours of the upgrade going live, Beiko revealed that the people working on the protocol had seen it coming.

The core developer believes that the enabling of withdrawals de-risked the staking process on Ethereum. He added that by taking out the commitment factor, the network will encourage more validators to join the ecosystem.

Speaking on the roadmap for Ethereum and the broader crypto industry, Beiko stated that validators may move from centralized exchanges to liquid staking projects (DeFi staking services) due to the better user experience.

As for the next big thing for the network, the developer revealed that he and other core developers were focused on EIP4844. The improvement protocol has been in the works for the past year with several testnets running at the moment.

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Ethereum core developer on the aftermath of Shapella upgrade - AMBCrypto News

Ethereum staking has been the talk of the crypto world over the past week. However, staking levels are relatively low compared to other networks, but this might not be a bad thing.

The amount of Ethereum staked represents around 14.3% of the entire supply. Furthermore, this figure has dipped over the past week following the Shapella upgrade and staking withdrawals opening.

On April 16, Web3 investor Ryan Berckmans opined that Ethereum staking would not reach the high levels seen on other layer-1 networks.

Ethereum is too bullish, issuance is too low, and ETH is too useful for people to care to stake.

Staking involves locking the asset up, akin to a banks fixed deposit account. This is done for low by steady yields when there isnt much else to do with the asset.

Berckmans thinks that Ethereums low staking levels are actually a good thing.

By comparison, the Cardano (ADA) staking ratio is a whopping 66%, according to Staking Rewards. The amount of Solana (SOL) staked is even higher at 72%. Other networks, such as TRON, Cosmos, and Polkadot, all have staking ratios that are more than 40%.

One factor behind this could be the Ethereum minimum viable issuance or dilution. [This] is a key factor here versus other chains intentionally over-diluting to manufacture a high proportion of staking, he said.

If the issuance of Ethereum was 50% per year, obviously everyone is going to stake, he added.

Ethereum use cases and demand can be measured by network fees, among other things. As reported by BeInCrypto, Ethereum has trounced the competition in terms of fees generated over the past six months. And that is in a bear market!

Berckmans concluded that his recent change of mind is in line with the consensus in the Ethereum research and development communities.

In short, I think the fact that Ethereum has low staking levels is actually very bullish and that our low staking levels were always mostly attributable to this bullishness and good monetary policy and not to the lack of withdrawals.

He concluded that even with the proliferation of liquid staking tokens, Ethereum staking is not likely to reach the level of other networks.

According to Token Unlocks, just over one million ETH has already been withdrawn from the Beacon Chain.

Furthermore, there are around 877,000 in the pending withdrawal queue, but much of that is due to the Kraken staking crackdown.

However, with around 373,000 in ETH deposits, the staking balance has only declined by 646,700 since Shapella last week.

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

See more here:

Ethereum Staking Levels May Not Be as High as Other Networks - BeInCrypto

As the tides settle down a little, Conflux (CFX), Collateral Network (COLT) and Ethereum (ETH) are all in the green and sitting comfortably.

But which one stands out from the three? According to experts, Collateral Network (COLT) is the crypto project people should look into, as they predict 3500% growth, even while the token is only at stage 2 of its public presale.

>>BUY COLT TOKENS NOW<<

As the first decentralized lending platform for real-world assets on the Ethereum (ETH) blockchain, Collateral Network (COLT) is set to revolutionize the crypto world and the lending industry. Collateral Network (COLT) uses 100% physical-asset-backed NFTs to facilitate peer-to-peer loans and provide lenders with fixed-interest payments weekly.

Borrowers send their physical assets to Collateral Network (COLT), like watches, fine wines, etc. The asset is kept in the Collateral Network (COLT) vault and minted into an NFT to represent the real-world asset which is subsequently fractionalized.

That way, Collateral Network (COLT) provides lenders with a way to partially fund a backed and secured loan for a small amount of money. Once the borrower repays the loan back to the lenders, they get their asset back from Collateral Network (COLT), and the NFT that was minted from the asset is burned.

The Collateral Network (COLT) lending process is 100% discreet, meaning that no one will know that youve taken out or financed a loan. Thus, no ones credit file will be affected by using Collateral Network (COLT). As well as this, the native COLT token grants holders various benefits ranging from staking, governance rights, discounts and more.

Collateral Network (COLT) is currently in its second stage of public presale, and even now, its showing potential, with investors predicting a 3500% growth.

After the recent increase in Conflux (CFX) prices, Conflux (CFX) is seeing a slight downturn. And now, Conflux (CFX) investors are struggling to find the cause of the downturn, leaving them uncertain about whats next for Conflux (CFX).

After a 0.14% decrease in the Conflux (CFX) price at the time of writing, Conflux (CFX) is trading at $0.3873 per token. The Conflux (CFX) market cap has decreased by 0.06%, and the Conflux (CFX) trading volume is down 11.95% in the last 24 hours.

>>BUY COLT TOKENS NOW<<

Ethereum (ETH) is still going pretty strong and staying in the green these days, and Ethereum (ETH) investors are satisfied. After the Ethereum (ETH) Shanghai update launched, Ethereum (ETH) saw a huge spike in activity from both fans and other crypto investors.

More specifically, the Ethereum (ETH) trading volume has increased by 62.34% in the last 24 hours, at the time of writing. The Ethereum (ETH) price has also increased by 6.14% in the previous 24 hours, while the Ethereum (ETH) market cap is up 6.61%. So, at the moment, Ethereum (ETH) is trading at $1,994.64 for one ETH token.

Learn out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/Presale: https://app.collateralnetwork.io/registerTelegram: https://t.me/collateralnwkTwitter: https://twitter.com/Collateralnwk

Disclaimer:This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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3 Crypto Coins For The Bull Market - Conflux (CFX), Ethereum (ETH), Collateral Network (COLT) | Bitcoinist.com - Bitcoinist

The volatile cryptocurrency market is always subject to sudden fluctuations, and the recent performance of Ethereum (ETH) has caused concern for investors if it fails to hold above $2,000. Nevertheless, during this time of uncertainty, Ripple (XRP) has remained in the green, and the innovative Collateral Network (COLT) project is set for a 50% price rise.

>>BUY COLT TOKENS NOW<<

Ethereum (ETH) has risen since rebounding from $1,200 levels, breaking through multiple resistance levels. At the moment, Ethereum (ETH) is trading above $2,100, but this resistance level has yet to be held. Ethereum (ETH) is moving higher slowly, but it is not showing decisive momentum to move past $2,200.

Ethereum (ETH) will be tested at the $2,100 resistance level if a correction happens in the following days. If Ethereum (ETH) cant hold this key level, well likely see a drastic fall before ETH regains momentum. This is because Ethereum (ETH) will trigger a sell-off from investors who have been holding for quite some time. Ultimately, Ethereum (ETH) will depend on adoption rates and market advancements to boost its price upward.

>>BUY COLT TOKENS NOW<<

Ripple (XRP) is still in the green after a huge rally in previous weeks. This Ripple (XRP) quickie growth is mainly due to increased investor confidence, as they believe Ripple (XRP) will win its case against the SEC. Currently, Ripple (XRP) is trading at $0.51, and experts predict it has the chance to reach $0.74 in 2023.

However, if Ripple (XRP) does win the SEC lawsuit, there is a chance XRP can surge over the $1 mark as many investors add the coin to their portfolio. On the other hand, if Ripple (XRP) loses, we may see Ripple (XRP) falling back to 2020 levels of $0.15. Its likely well see Ripple (XRP) float between $0.40 to $0.70 unless the market enters a bull run.

>>BUY COLT TOKENS NOW<<

Collateral Network (COLT) is pioneering blockchain crowdlending by utilizing NFTs and collateralizing real-world assets. Collateral Network (COLT) users can provide their physical assets like wines, cars, collectibles, gold, and more in exchange for loans that can be used for various things like paying off a house or starting a business.

By fractionalizing NFTs backed by tangible assets, multiple investors can fund loans for borrowers and earn a fixed interest. In addition, the Collateral Network (COLT) NFT remains stable due to the physical asset backing them, protecting investors if the loan defaults. If the borrower does not repay the loan, their asset will go to auction, where Collateral Network (COLT) token holders can buy authenticated items below market value.

Collateral Network (COLT) operates on its native cryptocurrency, COLT, which is in its first presale phase. Those interested in Collateral Network (COLT) can buy each coin for $0.01 for a limited time. Market analysis predicts that Collateral Network (COLT) will likely gain 3500% during the presale phase and 100x once listed on major exchanges.

Find out more about the Collateral Network presale here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Link:

What Happens If Ethereum Fails $1,600 Level? XRP Is Still In The ... - Analytics Insight