Summary: MATIC’s price has gone up by 33% in the last month. Since Polygon announced that Meta had selected them for minting digital collectibles, MATIC has seen a surge in on-chain activity. A price/network growth divergence, usually followed by a price retracement, might be underway. Following the confirmation of tech giant Meta’s decision to let its users mint and sell […]

Ethereum founder Vitalik Buterin believes that Twitter headquarters should be moved to Switzerland. Buterin’s comments came barely hours after Elon Musk formally took over the social media platform.  Elon Musk has been in the news following his $44 billion purchase.  Musk’s influence on crypto was reflected by DOGE’s price hike following the takeover.  After six months of negotiation and legal […]

During a recent Twitter Spaces discussion hosted by American law firm BakerHostetler, Cardano ($ADA) founder Charles Hoskinson talked about his frustration with the lack of regulatory clarity in the U.S. Hoskinson, who is Co-Founder and CEO of Input Output Global (“IOG),  the blockchain technology firm behind Cardano’s R&D, told Perianne Boring, who is the Founder and President of the Chamber of […]

According to a recent note by Kamakshya Trivedi, Head of Global FX, Rates, and EM Strategy at Goldman Sachs, a peak in USD “still feels severely quarter away.” According to a report by StreetInsider, Trivedi wrote: “We do not expect the Fed to embark on easing until 2024, and a trough in growth also seems months away. But given the […]

Popular cryptocurrency trading platform Crypto.com has reiterated will be distributing Flare Network ($FLR) tokens to $XRP holders, nearly two years after the airdrop’s snapshot was taken. According to an announcement Crypto.com shared with its users, the company is supporting the airdrop for XRP holders from “supported jurisdictions” and the distributed tokens will be based on the snapshot taken of users’ […]

A popular cryptocurrency analyst has warned that the price o Cardano ($ADA) could soon crash if the smart contract platform doesn’t recover to previous levels in the near future, amid a wider bearish downturn that has affected the entire cryptocurrency market. According to analyst Jason Pizzino, the price of $ADA may drop into the $0.30 range in the near future […]

Last week, John Mack, who is the former CEO of financial services giant Morgan Stanley, shared his thoughts on crypto. His comments were made during an interview with Andrew Ross Sorkin, co-anchor of CNBC’s “Squawk Box”. Mack had this to say about crypto: “Take crypto… For me, it’s hard to understand why does it have value. So, 50 years from […]

Leading cryptocurrency exchange Binance has announced that its latest quarterly $BNB token burn has seen it destroy more than 2 million tokens, worth over $575 million at the time of writing. According to Binance’s announcement, a total of 2,065,152.42 $BNB tokens have been burned as part of the latest quarterly burn, with a total of 4,833.25 $BNB coming from the […]

A popular cryptocurrency analyst has recently suggested that based on their charts, both TRON ($TRX) and the $XRP token could soon start outperforming the flagship cryptocurrency Bitcoin ($BTC) ahead of the release of economic data this week. In a series of tweets shared with their over 500,000 followers on the microblogging platform, pseudonymous analyst Kaleo noted that he believes that […]