CRYPTO DIGEST

🗓 Sunday 6.03.22

📌 Santiment warned of high risk

Research firm Santiment warned investors of the high risk of a fall in the rate of the cryptocurrency Ethereum (ETH).

Employees of the company predict a bearish trend based on the dynamics of the MVRV indicator. According to the company’s information, MVRV began to grow rapidly at the end of February. This fact significantly increases the probability of liquidation of trading positions for profit.

📌 DApp usage increased by 385% in 2021

Analytical service DappRadar notes that the technical use of dApp maintains stability, despite the fall in rates of cryptocurrencies.

DappRadar posted a February report stating that dApp usage has grown 385% since February 2021 and is attracting 2.35 million unique active wallets (UAW) daily.

📌 Which coins led Saturday’s rise in cryptocurrencies

Speculators took advantage of the day off to buy Bitcoin and altcoins, paying particular attention to digital assets with significant corporate news. Judging by the magnitude of the record growth within 7%, Ripple (XRP), Terra (LUNA) and Shiba Inu (SHIB) were the most sought-after in the top 30.

📌 Solana is subjected to phishing attacks

Blockchain security company Slowmist warned users about phishing attacks on the Solana network. It is reported that such thefts have been very frequent. Solana recently lost $320 million worth of Ethereum (ETH) due to its DeFi Bridge Wormhole.

🔥 Rate:

🪙 Bitcoin — $38 770,10 (-1,63%)

📈 S&P 500 — $4.328,87 (-0,79%)

🌕 Gold — $1.970,64 (+1,80%)

⬛ Oil Brent — $118,03 (+6,85%)