TerraUSD’s depegging and eventual collapse sent shockwaves across the crypto market, and in the wake of its crash, other major stablecoins such as Tether (USDT) and USD Coin (USDC), and DAI witnessed changes as well. Tether loses ground As UST began losing its peg on 9 May, holders began dumping it, and the fear ofContinue reading “USDC and USDT: The changing demography of stablecoins”

As the month of May came to an end yesterday, it bought relief to a lot of investors who had been suffering under the weight of the bears for months now. Among the ones that found relief was Uniswap holders, as well as Uniswap itself, whose peak in the DeFi market might open doors towardsContinue reading “Uniswap: What UNI’s latest metrics suggest for its near future”

With Ryoshi gone, the Shiba Inu army almost delved into a panic before Shytoshi put out a goodbye post. But amidst all these crazy names and fan clubs, SHIB as an asset is fluctuating in a tug of war between FUDers and the loyalists, all the while making no significant improvement. Shiba Inu loses supportContinue reading “Shiba Inu: Having run its course, are SHIB’s days numbered going forward”

Chainlink celebrates its third birthday on the Ethereum mainnet this week. And, it’s safe to say that the blockchain certainly has a lot to its credit. From supporting a single ETH/USD Price Feed with three oracle nodes to building a network of thousands of independent decentralized nodes, Chainlink has done a lot for its developers.Continue reading “Chainlink is ‘in a good space,’ but what must investors know?”

Decentraland has become the biggest Metaverse in the crypto-space as investors built and participated in the virtual world. Now, its potential is being further discovered by filmmaker Ridley Scott’s movie. One where Decentraland is going to be of significant value. Decentraland to make its Hollywood debut As per the announcement, the crypto-film ‘The Infinite Machine’Continue reading “MANA to $1 again, but is Hollywood really a long-term fix”

Cardano is preparing itself for the second biggest update in its history after the Alonzo hard fork. Vasil matters a lot to the entire Cardano ecosystem because it will add true meaning to investors’ faith in HODling. Cardano to make a comeback? The blockchain has always been a DeFi-centric chain, which is why right upContinue reading “Cardano: Can Vasil’s arrival on 29 June, further ADA’s 37% rally”

After weeks of tormenting bearishness, the crypto market breathed a sigh of relief as most of the cryptocurrencies noted significant recovery. Likewise, the fourth-biggest gaming token Axie Infinity amazed investors with its impeccable move.   Axie Infinity surpasses expectations After having declined by 74.72% from its local top of $71, the AXS token finally recovered toContinue reading “Axie Infinity’s ‘Origin’ and 36.5% rally had these impacts on its derivatives”

The road to recovery is not always an easy path, and recovery amidst a volatile cryptocurrency market is not easy, especially when the cryptocurrency is Ethereum, the king of altcoins. But as it turns out to be, a very good recovery might as well be on the charts for the altcoin given its current momentum,Continue reading “Will Ethereum’s [ETH] 16% spike set it up for a rally to $2,500”

Decentralized Finance and Web3 capabilities are the two pillars of blockchain without which most chains fail to draw investors. Investors who have already pioneered in this space in their own ways are further working on making their footing stronger, the examples of which can be seen in Polygon’s efforts.  The Polygon Village Built as aContinue reading “Will Polygon Village see its ‘villagers’ happy in DeFi space”

The state of the crypto market has been conflicted in its approach toward recovery or consolidation, which is why even after three weeks since the devastating crash, the total value of the crypto market continues to fluctuate around $1.25 trillion. One of the bearers of this bearishness is The Sandbox, whose Metaverse is failing toContinue reading “Can The Sandbox’s [SAND] latest trick reinvigorate investors’ dying interest”

Bitcoin has been stuck in consolidation since the crash of 11 May, which was responsible for the price drop from $39k to $29k. However, what the question remains is that is the king coin set for further drawdown, and if so, when can it end? Bitcoin set to repeat history? The Relative Strength Index ofContinue reading “Why Bitcoin [BTC] could linger around $27k until the end of Q2 2022”

The volatility of the crypto market has been a matter of concern for authorities and regulatory bodies around the world, and it is not exactly making a case for its considering the month of May 2022.  This Avalanche hurt a lot of people After the market crashed for the second time this month this week,Continue reading “How Avalanche [AVAX] is managing to recover despite declining user interest”