Bitcoin miners at a point were considered to be predominantly based out of China and surrounding areas. Their influence was taken in such high regard that it was deemed Bitcoin could not survive without being mined in China. But after the mining ban and the beginning of “The Great Migration”, this narrative has changed significantly. Continue reading “What these stats indicate about Bitcoin mining”

The Bitcoin Golden Cross is an event that is always much awaited by analysts, traders, and investors alike. Historically, a Golden Cross always brings in a price hike and lifts the market up from the bears’ claws. After the June 23 Death Cross, this Golden Cross holds a lot of value. But the truth ofContinue reading “What can traders expect from this Bitcoin Golden Cross”

MATIC, the native token of Polygon, is in the running for a sustainable cryptocurrency. Sustainable because in lieu of the recent London hard fork and the updates, Polygon is picking up traction. Some major players have begun eyeing Polygon as a highly effective and profitable network, which brings us to MATIC. If the network improves whatContinue reading “MATIC: Is this the only matter of concern”

Cardano is deemed as the third-generation cryptocurrency because of its potential use cases. With smart contracts coming soon, ADA investors are seemingly elated about their investments turning into profits. However, could the upcoming infrastructure bill cut Cardano’s run short? And how do the investors actually feel about these changes?   The bill and the next criticalContinue reading “Cardano: Here are the critical factors that can affect its price”

Bitcoin is speculated to have a major bull run this year. But the question remains – who really is heading this rally? When compared to the previous bull market some interesting observations can be seen.  Bitcoin follows who? Back in 2017, it was whales. Whales led the bull market of 2017, which placed BTC fromContinue reading “Bitcoin: How much influence can these investors hold”

Not many assets can compete with Bitcoin. However, MicroStrategy has done something unexpected. The very company which holds the most Bitcoins in the world with 92,079 BTC in its wallet has beaten Bitcoin when it comes to being a better investment. Going forward, will MicroStrategy overshadow Bitcoin entirely? Or is Bitcoin about to become theContinue reading “This offbeat ‘strategy’ might explain MicroStrategy’s Bitcoin purchases”

If you have never heard of FTT before, you’re not alone. With Bitcoin, Ethereum, and other altcoins dominating the space, many tokens are barely able to make a mark. FTT, however, has seen some compelling figures of late. FTX Token [FFT], the exchange token of the cryptocurrency derivatives platform FTX, might be one of theContinue reading “FTT might just be shading Bitcoin and Ethereum, but here’s the catch”

Ethereum has recorded some great gains recently. In fact, it rallied farther than Bitcoin did. Consider the last 17 days, for instance. With the exception of 3 August, ETH closed every other day in the green. With the altcoin rallying by as much as 65%, one would expect the price to only go higher goingContinue reading “Ethereum: The probability of a trend reversal after a 65% hike is…”

Ethereum just underwent the London hard fork and its effects on the crypto’s price action will be something to look out for. However, until then, something interesting can be seen as far as investor behavior is concerned.  Are Ethereum investors looking good? As a matter of fact, they are. Bitcoin HODLers are very common andContinue reading “Are Ethereum investors’ HODLing decisions bearing any fruit yet”

Bitcoin, at the time of writing, was seemingly on its way to recovery. As is always the case, a period of sustained movement always births the question – Can BTC touch $100,000? This is a crucial question, especially since according to some, the cryptocurrency should already be at or close to $100k.  A look atContinue reading “What Bitcoin’s S2F deviation means for its $100k projections”

Over the next 24 hours, Ethereum will change for good. With the London hard fork scheduled for release at block 12, 965,000, there will be some major changes coming to the network. However, what is noteworthy is that tomorrow’s upgrade alone may not bear an impact as significant as expected. The reason for the same canContinue reading “Ethereum: Is it too soon to expect this from London”

Owing to the price rise Bitcoin saw a few days ago, the market has been consistently bullish. However, the question of where it might be heading now is a hot topic since corrections followed soon after. How likely is the $100,000 projection now? What will Bitcoin’s next moves look like? On-chain metrics may have anContinue reading “Identifying which way is next for Bitcoin based on these metrics”