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2023-03-10 15:13:06 ET Cryptocurrency investors are once again in a world of pain today. For those in the more speculative areas of the digital asset markets, these losses are even greater. Among the key decliners on watch for many high-growth crypto investors are Axie Infinity (C...
One of the surprising stories of the crypto market so far in 2023 has been the comeback of metaverse tokens. In 2022, the top metaverse cryptos fell by 90% or more . This year, though, such tokens have been among the market's standout performers. In January, for example, Decentraland (C...
Summary Small-caps stood out amid the January digital assets rally, as emerging markets powered crypto gains to start the year strong. January saw a broad rebound in token prices across the layer 1 blockchain landscape alongside improved fundamental metrics. January price action fin...
The crypto bulls were back out in force this week as altcoins across the industry bounced higher. According to data provided by S&P Global Market Intelligence , Fantom (CRYPTO: FTM) popped 33.5% from last Friday's end of trading to noon ET today, Arweave (CRYPTO: AR) was u...
The two tokens most readily identified with metaverse platforms, Decentraland (CRYPTO: MANA) and The Sandbox (CRYPTO: SAND) , both continued their price rallies over the weekend. The former was the clear winner, rising by more than 15% over the preceding 24 hours as of mid-afterno...
What a difference a year makes. In 2022, some metaverse cryptos were down more than 90% for the year, and many analysts had already written off the metaverse as a potential investment option. However, through the first two weeks of 2023, the script has flipped. Metaverse tokens are now the best-p...
Dreams of the metaverse are alive again (for now) as the values of top metaverse-related cryptocurrencies jumped this week. Those gains were driven in part by macro news, but also due to bullishness about the metaverse. According to data provided by S&P Global Market Intelligence ...
It's undeniable that metaverse-related cryptocurrencies have been among the least likely candidates for price appreciation heading into 2023. Indeed, the price action with this group of assets has been dismal, with many tokens in this space losing 80% of their value, or more, in 2022 alone. ...
STAMFORD, Conn., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest digital currency asset manager, and manager of Grayscale® Digital Large Cap Fund ( OTCQX: GDLC ) (Digital Large Cap Fund), Grayscale® DeFi Fund ( OTCQB: DEFG ...
This was supposed to be the year of the metaverse, right? Remember the "can't-miss" $1 trillion market opportunity that brands, celebrities, and tech companies embraced in 2021, hoping for a big payoff in 2022? Instead, the two highest-profile metaverse cryptos -- The Sandbox (CRYPTO: SAND)...
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STAMFORD, Conn., July 23, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments ® , the world’s largest crypto asset manager*, offering more than 20 crypto investment products, today announced that Grayscale Ethereum Trust (Ticker: ETHE) and Grayscale Ethereum Mini Trust (Ticker: ETH...
STAMFORD, Conn., July 19, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, today announced that it has set a record date of July 30, 2024 (the “Record Date”) for the initial crea...
STAMFORD, Conn., July 17, 2024 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest crypto asset manager*, offering more than 20 crypto investment products, previously announced that it has set a record date of July 18, 2024 (the “Record Date”) for the initial...