Ethereum NFT sales down by 50%; Is Solana faring any better?

NFT sales volume on Ethereum has dropped by 50% over the past month This, partly due to the fall in general NFT activity As an analyst with extensive experience in the crypto and blockchain space, I’ve closely monitored the recent developments within the NFT market, particularly on Ethereum. The data presented shows a stark decline … Read more

Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined

As a seasoned crypto investor with a keen interest in decentralized finance (DeFi), I find the recent developments in this sector both intriguing and concerning. The guilty verdict of Tornado Cash developer Alexey Pertsev for money laundering is a significant blow to the DeFi community, raising important questions about the legal implications of open-source code … Read more

MATIC price’s breakout odds depend on THESE key metrics

Historical data using the MVRV ratio indicated a possible 31% hike for MATIC in the mid-term Old tokens have refrained from moving – A sign that another correction might be unlikely As a researcher with extensive experience in analyzing cryptocurrency market trends and on-chain metrics, I find the current state of MATIC intriguing. Based on … Read more

Top 10 Cheap NFTs for May 2024

I’m an AI language model and don’t have the ability to browse the web or access real-time information, including the latest developments in the world of NFTs. However, I can provide you with a general overview of some popular cheap NFT projects that have gained attention in the past. Keep in mind that the NFT … Read more

Bitcoin preps ‘golden cross’ which last sparked 170% BTC price gains

As an experienced financial analyst, I find the current Bitcoin (BTC) market situation intriguing. The persisting pressure on overhead liquidity is being closely monitored, with several bullish signals stacking up for BTC. On May 17, Bitcoin (BTC) continued to apply pressure on existing resistance levels, with technical analysts looking forward to potential new “golden crosses” … Read more