Is crypto approaching its ‘Netscape moment?’
The world of cryptocurrency shares a similar template to the emergence of the World Wide Web back in the 1990s. This year marks the 30th anniversary of the first web page on the World Wide Web, which means a person has to be nearly half a century old to clearly remember the patchwork progress, the false starts and stops, and the trial and error that eventually gave us what is now the defining foundation of 21st-century life. We take the internet for granted in 2021, but it took us decades to get to this point. Throughout the years, the barriers toward adoption tumbled away, and there were....
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If Coinbase stocks were to follow in Netscape’s footsteps for its first-day listing, the price would need to rise to roughly $636. Galaxy Digital founder and CEO Mike Novogratz compared the listing of Coinbase's shares on Nasdaq today to the dawn of a new age in the adoption of crypto.In an interview with CNBC’s Squawk Box this morning, Novogratz called the long-awaited initial public offering, or IPO, of the major cryptocurrency exchange’s stock shares "the Netscape moment for the cryptocurrency economy." The Galaxy Digital CEO was referring to the tech company behind one of the earliest....
In a recent interview with CNET, Netscape founder Marc Andreessen shared his viewpoint on Bitcoin, saying that he wished he invented Bitcoin without hesitation. "When we tried to get investors for Netscape, most of them said 'you're out of your mind," Andreessen said. "This is the thing that's most like that of anything I've seen in the last 20 years." Also read: Coinbase Raises $25 Million From Andreessen Horowitz. According to CNET, Andreessen also said that Bitcoin today is like the Internet was in 1993, when it was slow and difficult to access unless you were a master of computer....
The upward movement of Ethereum’s price can be a correction. The graph is approaching a key technical, where volatility is highly likely to increase. ETH/USD. Low volatility, together with a decline in volume, indicates the fact that Ethereum’s price is currently in an area which isn’t really profitable for both bulls and bears. With regards to the movement of the past two weeks, the ETHUSD price is still too low to sell and too high to buy for short-term traders. However, the full-scale rebound towards the $14.5 - $9.5 downward trend is not over yet. In order to form a movement of a....
The most important innovation that the iPhone brought — which the crypto space needs to gain mass adoption — is the user experience. This year, a great crypto cycle has played out with new all-time highs, euphoria and mainstream media paying lip service to the crypto trend du jour. However, the uncomfortable truth for us in the industry is that crypto is no more present in most people’s daily lives than it was in 2017. Four years have passed — what stalled its progress?2017 marked my first professional foray into the blockchain space when I joined Crypto.com (then known as Monaco) as its....
Bloomberg Markets magazine interviewed Marc Andreessen at the firm's headquarters in Menlo Park, the Washington Post reports. Marc Andreessen, co-author of Mosaic web browser and co-founder of Netscape Communications, is one of the persons who invented today's Internet. Since Netscape was bought out by America Online (AOL) in 1999, Andreessen has spent his time making other key innovations and investing in technology ventures at his Silicon Valley venture capital firm Andreessen Horowitz. Andreessen's current interest is upending finance as we know it today, with cryptography, Bitcoin and....