The crypto market was expected to recover at the beginning of the third quarter. However, most cryptocurrencies failed to initiate any rise, consequently failing to show recovery. One such altcoin that failed to show any signs of recovery is Algorand [ALGO]. The altcoin has been stuck in a downtrend for a few months now, resultingContinue reading “Here’s what ALGO whales are up to while it treads shallow waters”

When comparing two cryptocurrencies and their native blockchains or when it comes to developing a protocol or leveraging the same for utility involves more than just one factor. However, when investments are in question, the only thing that matters the most is the return on investment (ROI) that comes with an asset, and this is preciselyContinue reading “Analyzing why TRON [TRX] is a better bet than Dogecoin [DOGE]”

Loopring [LRC], the zkRollup layer2 on Ethereum [ETH], which intends on making the blockchain more accessible, continues to push its development. However, on the investor front, this network doesn’t seem to be making any strides. In fact, the beginning of July has marked one of the worst days for the LRC token. Loopring investors takeContinue reading “With Loopring [LRC] flashing green, is Q2’s turbulence behind it”

A significant development in the cryptocurrency market was the integration of Decentralised Exchanges (DEX) with the Coinbase app. This development was expected to provide exchanges with exposure to the users of the second biggest cryptocurrency exchange in the world. However, the largest DEX, Uniswap [UNI] failed to benefit much from this announcement. Looks like… …UniswapContinue reading “Uniswap and what Coinbase’s integration of DEXs did for it”

Crypto service-providing platforms have been in a fix over the past few weeks, and The Celsius Network became a victim as well when the market conditions worsened. However, another one has made it to the list. As of 4 July, another crypto firm called Vauld suspended its services due to the ongoing volatility in theContinue reading “Can Celsius hold on after its $120M repayment triggered a CEL mini-rally”

The second biggest DeFi protocol in the world, AAVE took a massive hit over the last three months after the total value locked on the lending dApp fell from $14 billion to $5.03 billion. That’s not all. AAVE was also affected during the recent Harmony hack, which resulted in a $100 million exploit. Considering theContinue reading “What AAVE’s 12% surge can mean to investors after Harmony’s $100M exploit “

According to a recent retweet by Santiment, it seems that the volume of Solana-based NFTs exceeded that of Ethereum. Well, in reality, the volume differs with a tiny yet critical factor. It is Solana and not Ethereum The volume charted in the tweet is not calculated in USD but in the blockchain’s native token. Thus,Continue reading “Did Solana actually surpass Ethereum with 136% higher NFT volume”

Polygon has made a name for itself in the DeFi space. It is the third-largest chain in terms of the number of active protocols. Recently, the blockchain took a step in the direction of advancing Web3. But the development did not have any positive influence on the price of MATIC. Polygon Avail tale Avail wasContinue reading “Polygon missed another shot at reclaiming $1- Decoding the reasons”

In the crypto space, some altcoins which do not find much popularity compared to others usually go unnoticed. And, currently, Basic Attention Token [BAT] is failing to garner the attention it deserves. No one BATs an eye on Basic Attention Token The altcoin faced the broader market bearish pressure but it managed to fare betterContinue reading “Basic Attention Token [BAT] holders are in profit thanks to these factors”

One of the biggest disadvantages of Litecoin is its lack of demand, when compared to other altcoins in the market. At the same time, one of its biggest advantages also happens to be the lack of demand. That, in a weird way, is worth a milestone in itself.  None whatsoever Litecoin hasn’t reported any downtime.Continue reading “Litecoin shoots up by 4,620% – Not price, but…”

Bitcoin, at one point, was considered a hedge against inflation since the value of the U.S Dollar kept declining. However, with time, the king coin’s correlation with the stock index has kept on growing. As a result, today, Bitcoin has fallen to its lowest point in almost 20 months. Bitcoin needs CPR The last timeContinue reading “Bitcoin needs CPR and this index’s projected recovery could be it”

Cardano [ADA] went through one of its biggest developments in June after the Vasil hard fork was activated on the testnet. This, in preparation, to bring about an overhaul of the blockchain’s smart contracts. However, the expected reaction to the event didn’t quite materialize. Cardano fails, once again Provided the hard fork is yet toContinue reading “Cardano: Devil is in the details as ADA goes nuts”