![]() Recently, United States-based asset management firm Valkyrie received approval to add Ethereum futures exposure to its Valkyrie Bitcoin Strategy ETF. The Ethereum network originally implemented a Proof-of-Work consensus mechanism, but switched over to Proof-of-Stake in September of 2022. Today, Ethereum has an extremely vibrant ecosystem of decentralized applications – including decentralized financial services, NFT marketplaces, publishing platforms, decentralized cryptocurrency exchanges, and more – which makes it a good investment in 2023, in our opinion.ĮTH is the native asset of the Ethereum blockchain, providing an incentive for users to secure the network. This feature was utilized by many projects to conduct fundraising through Initial Coin Offerings (ICOs) and other types of token sales. One of the first use-cases enabled by Ethereum that gained a lot of traction was the ability to issue custom tokens that could be transacted over the Ethereum blockchain. The Ethereum blockchain launched in July 2015. The Ethereum project was founded by Vitalik Buterin, who published the Ethereum whitepaper in late 2013. EthereumĮthereum is a blockchain that supports smart contracts, enabling more complex use cases such as decentralized lending protocols and non-fungible tokens. A great starting point is to buy cryptocurrency on KuCoin and store it in a Ledger hardware wallet. In our opinion, the best way to invest in crypto is to transfer your coins to a hardware wallet after you buy it on an exchange. It's also important to choose the right platform to buy crypto, and you also have to decide how you will be storing your cryptocurrency. We update these highlighted coins on a weekly basis to reflect the latest developments in the world of crypto and blockchain.īefore we dive into our list of the best cryptos to buy, we should note that choosing which crypto to buy is only the first step in your crypto investment journey. Let’s start off by highlighting three cryptocurrency projects that have seen important developments recently, or have big events coming up in the near future. ![]() Zcash - Privacy coin utilizing zero-knowledge technology.Shiba Inu - Meme coin on the Ethereum blockchain.Litecoin - A cheaper and faster alternative to Bitcoin.Mina Protocol - An extremely lightweight blockchain.GMX - A decentralized crypto derivatives exchange.Cosmos - A network of interoperable blockchains.BNB - A popular cryptocurrency utilized in the Binance ecosystem.Bitcoin - Decentralized peer-to-peer cryptocurrency.Polygon - A suite of Ethereum scaling solutions.Solana - High-performance blockchain platform for smart contracts.Ethereum - The leading blockchain for smart contracts. ![]() Here's our roundup of the best cryptocurrency to invest in 2023: The top three coins on our list are updated weekly to reflect the most up-to-date developments in the crypto and blockchain sector. You can read more about our criteria a bit further down in the article.īy doing so, we’ve narrowed the list down to 12 cryptocurrencies that present the most compelling opportunities at the moment. We’ve analyzed 200 of the top cryptocurrencies based on their liquidity and availability, technology, sector leadership, tokenomics and more key factors. Therefore, it’s important to choose quality crypto projects that have a good chance of surviving the bear market and thriving in the future. With the cryptocurrency markets still in an uncertain position, many crypto investors are wondering if it’s time to sell in order to avoid further losses or if the market is going to recover soon.Įven though the crypto markets have so far always recovered from their bearish periods, every bear market has its “casualties” that never make a strong recovery.
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