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Crypto Fear & Greed Index falls three points to 70, remaining in ‘Greed’ zone The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 70 as of May 15, down three points from the previous day. Despite weaker sentiment, the index stayed in the "Greed" zone. The index ranges from 0 to 100 where 0 signifies extreme fear and 100 indicates extreme greed in the crypto market. The fear and greed index takes into account six different factors: volatility (25%), market momentum/volume (25%), social media (15%), surveys (15%), Bitcoin dominance (10%) and Google Trends (10%).

The daily transaction volume of Bitcoin sidechain MVC has exceeded that of Bitcoin for many days, with a single-day peak of up to 10 times Bitcoin ecology has seen strong growth again. Affected by the recent official launch of the decentralized social media network MetaSo, the daily transaction volume of the Bitcoin sidechain MicroVision Chain (MVC) has seen explosive growth, significantly surpassing the Bitcoin main network for many consecutive days. According to on-chain data, the peak daily transaction volume of MVC was as high as ten times that of the Bitcoin network during the same period, becoming the focus of the industry. As an important side chain of the Bitcoin network, MVC has quickly attracted a large number of developers and users with its core advantages such as high concurrent processing capabilities, efficient confirmation and low fees. At present, the MVC ecosystem has covered diversified application scenarios such as decentralized exchanges (DEX), cross-chain bridges, LaunchPAD, and has been promoted to the seventh largest public chain in the world in terms of computing power.

Ethereum’s 49% rally silences critics as sentiment flips Ethereum $ETH surged 49% in under a week after hitting peak mockery on social media, reversing bearish sentiment that had built around its long underperformance, according to a report by analyst Brianq from crypto

Crypto Fear & Greed Index rises three points to 73, remaining in ‘Greed’ zone The Crypto Fear & Greed Index, provided by software development platform Alternative, stands at 73 as of May 14, up three points from the previous day. Amid improved sentiment, the index stayed in the "Greed" zone. The index ranges from 0 to 100 where 0 signifies extreme fear and 100 indicates extreme greed in the crypto market. The fear and greed index takes into account six different factors: volatility (25%), market momentum/volume (25%), social media (15%), surveys (15%), Bitcoin dominance (10%) and Google Trends (10%).

Donald Trump Jr. Squashes Rumors of ‘Truth Social’ Memecoin