Analysis
Vinyl Prices Might Seem High Today, But They Were Worse in 1978
As far as albums go, 1978 was one for the record books. The Saturday Night Fever and Grease soundtracks topped the Billboard 200 album chart for a combined 36 weeks. Fleetwood Mac’s Rumours, released in 1977, was the No. 1 album in the U.S. the first two weeks of the year. Billy Joel’s 52nd Street topped the chart for the final seven weeks of the year. The Rolling Stone’s Some Girls and Boston’s Don’t Look Back each topped the chart for two weeks. It was also a notable year for another reason: In 1978, vinyl records were more expensive than any other time since the RIAA began tracking sales in 1973. That year, the average retail sale price of a vinyl EP/LP was $7.32 – equal to $30.18 in today’s dollars when adjusted for inflation. That was the second-highest vinyl sales year in U.S. histor...
Underrated cryptocurrencies you can get on June 22: TITAN, WAVES and XCN
TitanSwap (TITAN), Waves (WAVES), and Chain (XCN) are some of the best tokens to get on June 22. In the last 24 hours, TITAN increased by 6%, WAVES by 15%, and XCN by 7%. All of these tokens have a bright future and could increase in value further. When it comes to underrated cryptocurrencies that you can get on June 22, 2022, TitanSwap (TITAN), Waves (WAVES), and Chain (XCN) are some of your best options. On June 17, 2022, TitanSwap announced that the TITAN cryptocurrency became supported by Coinbase Assets. The Waves contract became live on Kraken Futures as well, providing another way through which people can get exposure to this cryptocurrency. Then on June 20, 2022, Chain announced the launch of the XCN Bridge, which is powered by Wormhole. Users can access the permissionles...
Proof-of-stake (PoS) tokens to get into early for an eco-friendly future
ADA, SOL, DOT, TRX, AVAX, ALGO, and ATOM are all solid Proof-of-Stake (PoS) tokens that you can get. All of these tokens have seen an increase in value throughout the last 24 hours. Each of them represents an eco-friendly ecosystem of decentralized applications (dApps) and use-cases. Cardano (ADA), Solana (SOL), Polkadot (DOT), TRON (TRX), Avalanche (AVAX), Algorand (ALGO), and Cosmos Hub (ATOM) are some of the best Proof-of-Stake (PoS) tokens that you can get in June, and we are going to go over each token individually to see why. Should you buy Cardano (ADA)? On June 21, 2022, Cardano (ADA) had a value of $0.5037. In terms of last month’s performance, Cardano (ADA) had its highest point on May 5 at $0.8969 and lowest on May 12 at $0.407, which marked a decrease of $0.4899 or 54%.&n...
Record stablecoin market share points to crypto upside: JPMorgan
The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according to analysts at the American investment bank JPMorgan Chase. The percentage of stablecoins in the total crypto market value has been on the rise, reaching new historical highs in mid-June, JPMorgan strategists believe. Led by JPMorgan crypto market analyst Nikolaos Panigirtzoglou, the analysts provided their industry insights in the bank’s new investor note shared with Cointelegraph. Released on June 15, the investor note reads that the share of all stablecoins rose to above 14%, or a “new historical high, which brings it to well above its trend since 2020.” “The share of stablecoins in total crypto market cap looks excessively high, pointing to ove...
Best decentralized finance tokens to get on June 20
Synthetix Network (SNX)and Convex Finance (CVX) are some of the best tokens to get on June 20. In the last 24 hours, SNX increased by 74% and CVX increased by 23%. Each of these tokens has a solid potential for growth in the near future. If you are looking to diversify your portfolio with some of the best decentralized finance (DeFi) tokens, Synthetix Network (SNX) and Convex Finance (CVX) are solid picks. On June 19, 2022, Synthetix announced that they hit 200 million in daily volume due to the Atomic Swaps on 1ich and CurveFinance and due to the Optimism Futures among other things. Convex Finance is a platform for CRV token holders and Curve liquidity providers to earn additional interest rewards, alongside Curve Trading fees. Its recent growth can be attributed to the fact t...
XRP price technical breakdown boosts chances of a 40% drop by July
Ripple (XRP) price stares at potential losses in the coming weeks as it breaks out of a “descending triangle” pattern, with its bias skewed toward the downside. Major XRP breakdown underway To recap, XRP started forming the technical structure after reaching $1.98 in April 2021, its second-highest level to date. In doing so, the token trended lower inside a range defined by a falling resistance trendline and a horizontal support trendline. On May 16, 2022, XRP broke below the triangle’s support trendline, accompanying a decent increase in trading volumes. The move confirmed the descending triangle as a bearish reversal indicator. Meanwhile, as a rule of technical analysis, XRP now risks extending its downside move by as much as the triangle’s maximum height whe...
Ethereum risks another 60% drop after breaking below $1K to 18-month lows
The price of Ethereum’s native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued despite the weekend. Ether reached $975, its lowest level since January 2021, losing 80% of its value from its record high in November 2021. The decline appeared amid concerns about the Federal Reserve’s 75 basis points rate hike, a move that pushed both cryptocurrencies and stocks into a strong bear market. “The Federal Reserve has barely started raising rates, and for the record, they haven’t sold anything on their balance sheet either,” noted Nick, an analyst at data resource Ecoinometrics, warnings that “there is bound to be more downside coming.” ETH/USD weekly price chart. Source: TradingView Ethereum...
Getting into metaverse tokens with these top selections
Decentraland (MANA), Theta Network (THERA), and The Sandbox (SAND) are all solid token options to get. Each of these tokens is a part of some of the largest metaverse projects within the crypto sphere. THETA increased by 5% in the last 24h hours, while MANA and SAND are maintaining their value well. Decentraland (MANA), Theta Network (THERA), and The Sandbox (SAND) are some of the best Metaverse tokens you can get as of June 17, 2022. On June 17, 2022, Richard Lai invited everyone to join the Yahoo Metaverse on Decentraland. Theta Network announced that Replay had launched a new Theta Validator Node, which is the 25th overall node. The Sandbox also announced that Lionsgate would become the first film and TV studio to enter The Sandbox. Should you buy Decentraland (MANA)? On June 17, 2...
Getting into metaverse tokens with these top selections
Decentraland (MANA), Theta Network (THERA), and The Sandbox (SAND) are all solid token options to get. Each of these tokens is a part of some of the largest metaverse projects within the crypto sphere. THETA increased by 5% in the last 24h hours, while MANA and SAND are maintaining their value well. Decentraland (MANA), Theta Network (THERA), and The Sandbox (SAND) are some of the best Metaverse tokens you can get as of June 17, 2022. On June 17, 2022, Richard Lai invited everyone to join the Yahoo Metaverse on Decentraland. Theta Network announced that Replay had launched a new Theta Validator Node, which is the 25th overall node. The Sandbox also announced that Lionsgate would become the first film and TV studio to enter The Sandbox. Should you buy Decentraland (MANA)? On June 17, 2...
BTS Accounts for Nearly 1/3 of All U.S. K-Pop Sales & Streams: Their Domination, By the Numbers
BTS members’ decision to take time off for solo projects is bound to shake up K-pop music consumption in the U.S. because of the group’s dominance in the genre. And the band’s label, Big Hit Music — a division of HYBE, which Universal Music Group’s Geffen Records has distributed in the U.S. since last year — will have a tough time filling the hole. Since the beginning of 2021, BTS has accounted for 29.4% of sales and on-demand streams of K-pop music in the U.S., according to a Billboard analysis of Luminate data. Over that time, BTS did not release a new studio album but put out two “best of” collections — BTS, the Best in June 2021 and Proof on June 10, 2022. BTS also released multiple variations of the tracks “Butter” (including a remix with Megan Thee Stallion), “My Universe” and “Permi...
CEL overtook LINK as the most-traded token from whales, which one to buy?
CEL has overtaken LINK as the most traded cryptocurrency among the top 100 ETH whales. The value of each of these tokens has increased in the last 24 hours, CEL by 4% and LINK by 11%. Learn which option is more suitable for your specific investment goals and expectations. Celsius (CEL) is a popular financial services platform specifically catered toward cryptocurrency users. Its main purpose is to allow the users to receive regular payouts and interest on their holdings, and its native cryptocurrency is known as CEL. Chainlink (LINK), on the other hand, is a blockchain abstraction layer, and its main goal is to enable universally connected smart contracts. It has a decentralized oracle network that let’s blockchain have data from external data feeds, which means that smart contracts ...
Tokens under $1 to help you diversify during a bear market
VeChain (VET), Amp (AMP), and Shiba Inu (SHIB) are some of the best tokens to get under $1. Each token has huge potential for growth and can be bought at a solid price point. All of them have received numerous updates and have a solid community surrounding them. VeChain (VET), Amp (AMP), and Shiba Inu (SHIB) are all solid altcoins that you can get for under $1. On June 9, 2022, VeChain announced that they are the official layer-1 blockchain partner of UFC. AMP announced that they are live on Bancor 3, where users could access single-sided liquidity, instant impermanent loss protection, auto-compounding returns, and more. Bitstamp also announced that they are listing the SHIB cryptocurrency, which showcased how much interest and adoption of the cryptocurrency there is. Should you buy VeChai...
