Prediction of 10 crypto assets, evolution and strategy by two founders of Yugarabo[Recheck the column at the beginning of the year]| coindesk JAPAN | Coindesk Japan

Columns and opinion articles published from January 1 to 6 are republished. Recheck the trends for 2023 in preparation for the full-scale start after the holidays!

Crypto Assets in 2023: 10 Predictions

Think back to a year ago. Bitcoin (BTC) traded around $50,000, and I couldn’t help but see ads for cryptocurrency companies when watching sports. I felt like I could get rich, or at least get rich, just by issuing silly NFTs.

Back then, who could have predicted the collapse of Celsius Network or Voyager Digital? Or Matt Damon turning into a joke, and industry darling Sam Bankman-Fried going from star to villain? ……read more.

In 2023, ‘Fear, Uncertainty and Doubt’ Over Bitcoin and Energy Will End

Bitcoin has seen many ups and downs in 2022, but one of the biggest triumphs has been the growing recognition that Bitcoin is beneficial to humanity’s relationship with energy and the environment. In 2023, will the FUD (Fear, Uncertainty, Doubt) around Bitcoin and energy finally fade away?

The voices of the so-called “green bitcoiners” are getting louder in 2022, and fresh ideas are emerging. ……read more.

From Bored Ape to Metaverse: Evolution and Strategy from Two Yugalabo Founders

Yuga Labs founders Greg Solano and Wiley Aronow (Yuga Labs)

If you’ve used Twitter in the last two years, you’ve seen influencers and celebrities using “Bored Ape Yacht Club (BAYC)” as their profile picture.

The colorful monkey-illustrated NFT has become something of a cultural phenomenon since its debut in April 2021, with 10,000 NFT images becoming a status symbol. ……read more.

Self-custody, the norm in 2023

A series of recent events has increased distrust of crypto assets from businesses and consumers alike. And the worst part came from counterparty risk, a problem cryptocurrencies were designed to avoid.

In 2023, the Web3 project will be responsible for teaching new users self-custody and creating a better gateway to safely participate in Web3. We already have all the tools we need, market sentiment is temporary and fundamentals are still stable. ……read more.

Genesis Block: First Bitcoin Block Mined – 14 Years After Bitcoin

A Genesis Block is, simply put, the first mined bitcoin block (a chunk of data). Also called Block 0 and Block 1.

It still exists and will continue to exist as long as the Bitcoin software continues to work. Hundreds of thousands of blocks have already been generated and can be seen on every node of the Bitcoin network. That’s the point of blockchain. ……read more.

Bitcoin mining companies need to survive

(Shutterstock)

2022 has been a devastating year for Bitcoin mining companies. Rising interest rates raised the cost of capital, causing the Bitcoin price to fall sharply while the hash rate rose, making the financial strategies of mining companies difficult and the profitability of Bitcoin mining declining.

The result of this chaos is reflected in the stock prices of five mining companies. Year-to-date shares of Core Scientific, Riot Blockchain, Bitfarms, Iris Energy and CleanSpark are at 99%, 85% and 85% respectively. Down 91%, 92%, and 79%. ……read more.

What is EVM (Ethereum Virtual Machine) in 2023?

The Ethereum blockchain pioneered a general purpose smart contract layer on the chain. So it’s no surprise that EVM (Ethereum Virtual Machine) continues to attract most Web3 developers.

What many people don’t know, however, is that EVM isn’t just limited to Ethereum. In fact, it is already being used in multiple other blockchains. With that in mind, I would like to make three predictions about where EVM will grow and evolve in 2023. ……read more.

Bitcoin mining: predicting the future of crypto assets?

(Eliza Gkritsi/CoinDesk)

Former CoinDesk chief Brady Dale wrote last week in an article titled “Crypto will be fine,” saying that while crypto assets have suffered throughout 2022, some indicators remained bullish.

In particular, the hash rate, which indicates the amount of computational power devoted to keeping the Bitcoin network secure, remained stable. ……read more.

By 2023, blockchain will be the sustainability solution

Never in the history of the world has environmental sustainability been more important to a large company. The planet is showing signs of dramatic change and citizens are demanding more accountability from all industries.

The blockchain community is often treated as part of that problem, much of it a misunderstanding. Blockchain technology could actually help the global shift towards a sustainable future. ……read more.

｜Text and editing: coindesk JAPAN editorial department
｜Image: Shutterstock