Bernstein analysts have labeled the recent crypto rally as a “mean reversion” to the sector's decisive lows in 2022.
What Happened: According to Bernstein, crypto was the most divisive asset class of the year, suffering from several high-profile frauds, reveals and bankruptcies.
A digital-asset wallet connected to one of the most significant cryptocurrency hacks of all time has reportedly just shifted more than $150 million of stolen funds, unlocking a multi-million dollar staked Ethereum (CRYPTO: ETH) trade.
Over the past 24 hours, Solana's (CRYPTO: SOL) price has fallen 6.58% to $21.93. This is opposite to its positive trend over the past week where it has experienced a 37.0% gain, moving from $16.0 to its current price.
Over the past 24 hours, Solana's (CRYPTO: SOL) price has fallen 4.82% to $15.65. This is opposite to its positive trend over the past week where it has experienced a 15.0% gain, moving from $13.5 to its current price.
Solana (CRYPTO: SOL) based meme-token BONK (CRYPTO: BONK) is down over 50% since it reached an all-time high on Jan.4 but it’s not all over.
What Happened: BONK NFTs are all the rage, and now are trading for 10 times the original sale price.
After weeks of stagnation, the crypto market roared back to life on Monday as coins with smaller market capitalizations outperformed larger ones like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH</