Bearish Market

The crypto market is caught up in a bearish trend, according to analyst and economist Caleb Franzen. He said this in a tweetstorm earlier today, citing the poor performance of crypto-related equities. Franzen highlighted the performance of leading crypto-connected stocks, starting with MicroStrategy’s MSTR. According to him, MSTR is down 83% from its all-time high (ATH) and has lost 58% of its value year-to-date. Franzen also shone a light on Silvergate Capital’s stock, SI, which is down 64% from its…

The last few weeks of 2021 turned out to be bad for many crypto enthusiasts. After a record year, the most famous cryptocurrencies and many popular altcoins have seen their market shares collapse. 2022 is a year that should bring a lot of news to the crypto and blockchain industries. For this reason, there is a lot of speculation about the future of the leading coins on the market. This article will mention the recent events of Bitcoin, Ethereum and…

Even as cryptocurrencies with larger market caps continue to tumble,  MATIC (Polygon) Ethereum's multichain scalability platform has skyrocketed. In a seven-day trailing period, it has grown by nearly 145%. The platform's surge is taking place in the backdrop of a resurgence of the Defi sector. By midnight on Monday, the coin had attained a record high of $2.14. MATIC Gains Over BTC and ETH At the time of going to press, Polygon's token was trading at $2.04. The price represented…