Distributed Ledger
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest in this bear market.
Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we should cover. You can also reach me through email to share your personal stories with crypto.
Crypto in a snap
Bitcoin BTCUSD lost 4.9% over the past seven days, trading at around $20,497 on Thursday, according to CoinDesk data. Ether ETHUSD declined 9% over the seven-day stretch to around $1,174. Meme token Dogecoin DOGEUSD retreated 12.5% while another dog-themed token, Shiba Inu SHIBUSD, is trading 9.6% lower from seven days ago.
Crypto Metrics
Struggling protocols
After crypto prices crashed, some digital asset protocols could face increasing difficulty continuing operations as their treasuries shrank, according to Meltem Demirors, chief strategy officer at...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...