Chainlink’s latest multi-month high – All about how it affects LINK’s price

LINK’s price has jumped to correspond to the uptick in its whale and social activity However, key metrics suggest that a price bottom might still be in As a researcher with experience in analyzing cryptocurrency markets, I find LINK‘s recent price surge intriguing. The token’s whale and social activity have increased significantly, leading to its … Read more

Blockchain gaming investments reached nearly $1B in April

As an experienced analyst in the blockchain and cryptocurrency space, I find the latest developments in the blockchain gaming sector truly fascinating. April 2024 proved to be a game-changer, with record-breaking investments totaling $988 million and daily active wallets reaching 2.9 million. The report from DappRadar and the Blockchain Gaming Alliance further emphasizes this banner … Read more

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