Both Bitcoin [BTC] and Ethereum [ETH] have entered into consolidation once again, with the king coin faring below $20k and the altcoin king barely keeping above $1k, at press time. The effect of this on the crypto market was so profound that even the cryptocurrencies that do not share a positive correlation with these twoContinue reading “ApeCoin: All that could be in store for APE holders this month”

The current performance of cryptocurrencies is making many investors anxious. Some are thinking that the cryptocurrency market might be taking a turn for the worse. More than $91 billion has been wiped out of the market just in the last three days. Consequently, altcoins such as Polygon’s MATIC might take a hit. Polygon in theContinue reading “MATIC holders aspiring to go long should consider these factors first”

Environmental activists have been behind crypto and blockchains for a long time now. They have been citing concerns that come with the use of this technology. Although for most blockchains, the argument is invalid thanks to their modern approach to conducting transactions. Well, not to forget, the environmental impact of Bitcoin [BTC] and Ethereum [ETH]Continue reading “Did SushiSwap’s proposal to offset carbon footprint trigger recovery”

Although oracle blockchains are still a developing arm of the crypto space, Chainlink, the pioneer of the same, still finds competition. However, this competition does not come close to affecting the growth of Chainlink.  Chainlink in Q2 Data released at the beginning of the month makes it evident that the broader market crash certainly hadContinue reading “Will Chainlink’s 180% growth be enough to revive adoption”

Maker was one of the most-discussed altcoins of the week. The Decentralized Finance protocol proposed the move of integrating the traditional banking system into its ecosystem. The response being overwhelmingly positive might open doors for many more similar instances. Maker goes big The MakerDAO community recently voted on the proposal of adding a 100 millionContinue reading “Can Maker’s ‘world-first’ move merge DeFi with traditional banking”

It’s a well-known fact that the processing power of a blockchain is its unique selling point. In a way, it allures investors and traders to leverage the network and seek profit-making opportunities. Blockchains that are scalable and can handle higher transactions have observed massive growth over the years. Well, Bitcoin and Ethereum enjoy the exceptionContinue reading “XRP outshines Bitcoin, Ethereum in the following realm”

Cardano may have lost its investors’ confidence over time. But it did not lose its popularity thanks to its immense potential and roadmap for development. Combined with the efforts of the Cardano development team, the blockchain is gaining an audience in the space it intends to dominate. Cardano goes upwards According to a recent reportContinue reading “Cardano holders will go gaga to know that despite declining 85%…”

The changing sentiment of the crypto market is making investors anxious about their crypto portfolios. A turn in the positive direction isn’t certain. But there is a fair chance that the market won’t take a turn for the worse either. And here, the question is, can Enjin[ENJ] actually benefit from it? Enjin needs fuel InContinue reading “Enjin [ENJ] holders might see another ATH after 27….”

The DeFi space has some fierce rivals in its different categories ranging from DEXes such as Uniswap and SushiSwap to NFT marketplaces like OpenSea and Magic Eden. In the lending category, AAVE has domination in terms of the Total Value Locked (TVL) on it, holding $6 billion. Following it is JustLend, Tron’s own lending Dapp.Continue reading “Maker DAO continues to outperform Compound- for following reasons”

Ethereum’s growth has been phenomenal, and its DeFi capabilities make it the one of the biggest blockchains. However, at the same time, the cost of being an Ethereum user has made it difficult for some to operate on the chain. This led to the creation of Layer-2 chains and cheaper L1s. Ergo, the question –Continue reading “Ethereum v. Polygon – Could gas fees be the turning point yet again”

Many in the crypto-community are eagerly awaiting the altcoin season, with the same expected to set the stage for profits for most of the market. However, the impending arrival of the season was canceled midway due to the crash of May 2022. In fact, it pushed the advent of the season by several months. AltcoinContinue reading “How is Bitcoin’s dominance affecting the alt season’s schedule”

The persisting bearishness in the market has left many altcoins struggling to make it back up to their top. And this list of altcoins includes some of the biggest tokens in the market. Axie Infinity [AXS] is one such token that has been impacted by the bearishness of the market. However, despite being at aContinue reading “Here’s the true worth of AXS holders despite alt’s 91% slump”