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Cardano: This Indicator Reveals Buyers’ Indecision as Price Nears $0.50

Cardano: This Indicator Reveals Buyers’ Indecision as Price Nears $0.50

Since Cardano's 30-day MVRV is neutral, buyers might remain on fence Although average merchant network returns have slipped back into negative territory, Cardano’s 30-day returns remain neutral, according to on-chain analytics firm Saniment. Since Cardano’s

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Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy

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Terra’s Do Kwon Denies Cashing Out $2.7 Billion

Terra’s Do Kwon Denies Cashing Out $2.7 Billion

Terraform Labs CEO Do Kwon has attempted to set the record straight about the most recent rumors Terraform Labs CEO Do Kwon claims rumors that he banked $2.7 billion worth of crypto before his project

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Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin

Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin

Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ users cannot use the Korean won

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US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers

US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers

U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress could restrict the

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Axie Infinity (AXS) Economics Slammed by Bloomberg Crypto, Here’s Why

Axie Infinity (AXS) Economics Slammed by Bloomberg Crypto, Here’s Why

Bloomberg's Joshua Brustein tells captivating story about rise and fall of first-ever play-to-earn unicorn Axie Infinity (AXS) Mr. Brustein interviewed the directors of Axie Infinity and one of the players who bought their vision of

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Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July

Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July

The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the

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Traditional Hedge Funds Not Deterred by Crypto Market Downturn and Volatility

Traditional Hedge Funds Not Deterred by Crypto Market Downturn and Volatility

While the general cryptocurrency market has been in the red for most of 2022, recent reports reveal that more traditional hedge funds are still investing in digital assets, with the number of such entities estimated

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Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal.

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The Crypto Market May Face an Intense Wave of Institutional Selling Shortly

The Crypto Market May Face an Intense Wave of Institutional Selling Shortly

The crypto market is facing struggles for the last seven months. In May, the total market cap of the digital currency fell by 28%. The World’s original and the largest cryptocurrency BTC alone has lost

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