Ethereum’s price fell while network growth and velocity plummeted On a macro level, Ethereum’s network continues to see growth Ethereum [ETH] recorded a massive decline in price over the last 24 hours, along with the rest of the cryptocurrency market. At press time, ETH was trading at $3,267.60, with its value down by 7.22% on…
Cryptocurrency markets are abuzz with the news of BlastUP’s imminent entry. Drawing lessons from the rapid climbs of tokens like Dogecoin and Shiba Inu, this new token is exciting investors. With a bull run currently underway, the timing for such a launch could hold significant potential for substantial gains. As anticipation builds, many wonder if…
Journalist Solana handled more than $7 million in NFT sales in the last 24 hours. SOL dropped lower in the last 24 hours but a rebound to $200 didn’t seem too far away. Meme coins, decentralized exchanges (DEXs), and now non-fungible tokens (NFTs). Is there any sector left where the Solana [SOL] ecosystem wasn’t growing?…
Journalist Solana’s TVL sits at its highest level in 22 months. Key technical indicator hints at the rise in bearish activity in the SOL market. Solana’s [SOL] decentralized finance (DeFi) total value locked (TVL) has reached its highest level since May 2022, according to DefiLlama’s data. Source: DefiLlama At press time, the Layer 1 (L1)…
Journalist XRP posted large gains as Bitcoin broke its all-time high. Caution from XRP bulls was warranted based on the liquidity pockets. Ripple [XRP] bulls burst into life on the 11th of March. They forced prices to appreciate by 22.37% from the day’s open at $0.608 to reach $0.744 before selling activity pushed prices below…
BTC’s NVT ratio declined which meant that it was undervalued. A few metrics and market indicators looked bearish on Bitcoin. After crossing the $50,000 mark, Bitcoin’s [BTC] momentum declined again as its value moved sideways. In fact, the king of cryptos price was hovering in between a price band, suggesting a few more slow-moving days…