Bitcoin was holding up well at about $19,500 early Tuesday, despite bearish news and economic uncertainty. LedesmaLyllah and Godbole17 report in First Mover by CoinDesk Market
is a broad-based index designed to measure the market capitalization weighted performance of the digital asset market subject to minimum trading and exchange eligibility requirements.By Omkar Godbole
The chart shows usage of two critically important web3 libraries: Ethers.js and Web3.js has skyrocketed. Weekly downloads of crypto-related JavaScript codes have increased 10 times since 2018 and tripled in the past 12 months. Contrary to 2017 and 2020, which saw smart contract deployment drop 45% mid-cycle, smart contract deployments have increased 50% since 2021.
It shows that"blockchain technology adoption continues strongly despite the drop in crypto prices," Ilan Solot, a partner at the Tagus Capital Multi-Strategy Fund, said.
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