The metaverse hype that began in 2021 dissolved almost entirely by the end of 2022 as the top projects in the space, Decentraland and The Sandbox, lost 95% of their market capitalization. The most prominent reason for the fall was a lack of user growth. Still, the metaverse narrative is far from dead and will grow in the future. ...

The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. The same resistance level resulted in a substantial correction in late August 2022 and again in early November 2022. Negative newsflow might have limited Ether investors' appetite. ...

BlockFi has plans to sell off $160 million in loans backed by around 68,000 Bitcoin mining machines as part of bankruptcy proceedings. The crypto lender filed for Chapter 11 bankruptcy in Nov. 2022, citing its significant exposure to the now-defunct crypto exchange FTX for its downfall. ...

Bitcoin price is rising and might aim a fresh increase above the $23,500 resistance zone. BTC started a minor downside correction and tested the $22,400 support zone. There is a key bullish trend line forming with support near $ 22,100 on the hourly chart of the BTC/USD pair. ...

Ether price is consolidating gains above $1,600 against the US Dollar. ETH is showing positive signs and might start another increase above £1,650. There is a key bullish flag forming with resistance near $1,.640 on the hourly chart of ETH/USD (data feed via Kraken) ...

Ripple is rising steadily above the $0.380 resistance zone against the US Dollar. XRP price could rise further if it clears the $ 0.4320 resistance zone. Pair is stable above the 23.6% Fib retracement level of the upward move. ...