Any sound money satisfies three important conditions: Preserves and stores value over time Serves as a widely accepted unit of account in a given market Functions as a practical medium of exchange for transfers of any size Bitcoin’s predictable, disinflationary supply growth rate continues to...
The non-fungible token (NFT) boom of 2021 not only brought mainstream attention to digital art investment, it also catalyzed increased development of the crypto metaverse. The metaverse — a previously esoteric term first used in the 1992 science fiction novel Snow Crash by Neal Stephenson...
Following a lackluster month in April, May saw further correction across cryptoasset sectors as they all fell a minimum of -17%. Layer 1, metaverse and meme coins declined the most at -43%, -42% and -39%, respectively. How did major players in the crypto space cope?...
Crypto asset prices crashed in early May, when BTC fell nearly -32% from $39,500 to $27,000 within a week. Could this be the beginning of a long crypto winter? Or do the on-chain metrics tell a different story? In Kraken Intelligence’s latest report, Survival Mode,...
Prices of cryptoassets faltered in April as geopolitical uncertainties and financial markets turmoil continued to spill over into crypto markets. Analyzing on-chain data can provide a clearer view of trends in network usage and demand, separating crypto-fundamental signals from price volatility noise. In Kraken Intelligence’s...
While the bulls emerged victorious in March following a bearish start to the year, this triumph was short-lived, and most crypto assets fell in April’s broad correction. How did the various crypto sectors and the leading coins fare in April? Kraken Intelligence’s latest report, Slow...