Cardano’s Goguen era is going well, with Alonzo set to introduce smart contracts to the network. In fact, some people now see this altcoin as a potential flagbearer for the future of the digital economy. On the contrary, some people consider it to be a ghost chain still and choose to remain bearish about it.Continue reading “Analyst on Cardano: ‘Be very careful because….’”

Ethereum and its metrics are not looking hot at the moment. The price action is not in a good condition either, as the coin fell by 20% in the last 10 days. Somehow, despite the positive news of The Securities and Exchange Commission of Brazil (CVM) approving the first-ever Ethereum ETF on a Latin American exchange, investmentsContinue reading “These metrics reveal why investors feel this way about Ethereum right now”

While it is usually assumed that an asset’s price dictates the market’s sentiment, some interesting observations challenge that notion. These metrics show how neither the price action nor the potential of the coin’s network dictates the coin’s performance, it’s the holders.  Cardano’s fall due to sentiment? It indeed is. Call it FUD or the concernContinue reading “Cardano: The cause for its current downtrend may be surprising”

Bearish opinions about Bitcoin have been taking over the market for a while now. But these opinions have a ton of credibility owing to historically important indicators acting pessimistic. Benjamin Cowen highlighted how these indicators could play an important role for Bitcoin to potentially reach 100k and eventually engage in a bull run. Here isContinue reading “Analyst: ‘Bitcoin could reach $100,000 by year end when this happens’”

Ethereum has seen considerable volatility over the last few days, with the effects of the same pretty visible on most of the altcoin market as well. With metrics and analysts predicting an upcoming downtrend for the second-generation cryptocurrency, investors have understandably become very cautious. Is Ethereum heading for a bearish market? Looking at these metricsContinue reading “Ethereum’s on-chain metrics reveal ‘it’s still too early to….’”

Bitcoin, as a store of asset, holds a lot of value for its investors, especially those who share positive sentiments about its price movements. However, at the time of writing, the on-chain indicators were slightly sketchy for the king coin.  A trend reversal for Bitcoin? Although not absolutely bearish, BTC may be slowly approaching aContinue reading “How far is a trend reversal for Bitcoin?”

Ethereum, according to many, is a second-gen cryptocurrency because it brought some of the most needed functionalities to implement blockchain technology’s use cases. Now, with PoS incoming and on the back of greater retail and institutional adoption, ETH’s value is expected to hike exponentially going forward. However, it would seem that Ethereum Futures are inContinue reading “Explaining the sudden inflows into Ethereum Futures contracts”

Bitcoin and Ethereum are the 2 biggest cryptocurrencies (by market capitalization) and their movements reflect upon the entire crypto-market. Naturally, their rise and fall have an impact on the prices of every altcoin as well. Given the current market conditions and the constant volatility ensuing presently, it is necessary to mark out the important levelsContinue reading “Watch out for these levels if you’re trading Bitcoin, Ethereum”

Bitcoin, with every passing day, continues to stray away from any possibility of a bull market. As discussed previously, the price action already does not fit any previous bull run pattern and now, even on-chain metrics are denying any possible recovery. Adding to the already falling volumes of Bitcoin Futures, these developments can be consideredContinue reading “This is the only certainty in today’s Bitcoin market”

Bitcoin appears to be in some trouble as people are now becoming more and more cautious these days. The past week saw some major selling and a huge amount of money leaving the market. Not only did the money from the present leave, but money from the Futures left the market as well. So, whereContinue reading “Assessing where Bitcoin stands from these key metrics”

As Bitcoin continues to consolidate under $40k, the market registered some strong negative movement. Compared to last week, this week Bitcoin witnessed investors pulling out of the market. The reasons could range anywhere from the Great Migration to the rising FUD. But as retail investors began to exit the BTC market, another section of theContinue reading “This section of Bitcoin players seems to be making its comeback”

Cardano made a good 5% jump after the announcement of its addition to Grayscale’s portfolio. But all this bullish chaos did not dictate the price movement since within the last week ADA fell by almost 10%. Which brings us to the question – Will Cardano ever be as huge as its competitors? Should you expectContinue reading “Cardano could ‘once again blast off’ when THIS happens”