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CryptoQuant CEO Ki Young Ju noted that while Ethereum’s MVRV is rising quickly, onchain activity levels suggest it may not be overvalued. Source: https://cointelegraph.com/rss ETH valuation metric is ‘heating up,’ but analyst says it’s not overvalued
Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough. Source: https://cointelegraph.com/rss Meta loses bid to wriggle out of billionaire’s crypto scam ad lawsuit
Circle CEO Jeremy Allaire revealed four of the biggest reasons he’s “more optimistic” about crypto and stablecoins than ever before. Source: https://cointelegraph.com/rss Stablecoins to make up 10% of money in the next decade or so: Circle CEO
Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin. Source: https://cointelegraph.com/rss Bitcoin exchange reserve metric hits 3-year low
Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening. Source: https://cointelegraph.com/rss Ethereum (ETH) price fails to rally in the face of good news — Here is why