Historically, decentralization seemed to be the motive behind people adopting cryptocurrencies. However, the drastically-changing scenario in the traditional market is pushing people to view crypto tokens as serious long-term investments. Some of the largest U.S. banks and security firms in the traditional market are now considering the adoption of cryptocurrencies. According to The Wall StreetContinue reading “Crypto market cap, volume, and NASDAQ- Making sense of ‘safe haven’ concept”

Looking at the price movements of Dogecoin (DOGE) in April, it can be speculated that the Tesla CEO doesn’t just build and drive cars but has an interest in driving tokens of the cryptocurrency market as well. According to the latest IntoTheBlock newsletter, Elon’s takeover of Twitter spiked a massive interest in the meme coinContinue reading “The curious case of the DOGE-Musk relationship and what’s in store for the future”

At the time of writing, MATIC was trading at a price of $1.080. The Relative Strength Index (RSI) dropped to 29.48 after struggling around the neutral zone, whereas the Awesome Oscillator (AO) was operating in the red zone. However, that doesn’t tell us the whole story. In fact, the altcoin was down by 6.1% inContinue reading “Can Polygon’s performance drive an auto-MATIC? Maybe not…”

The performance of the King coin hasn’t been in the best of spirits lately, especially given its position of extreme volatility in the last few weeks. However, despite the constant state of war that Bitcoin (BTC) has been in, Dan Morehead, CEO of Pantera Capital, felt otherwise. In a recent episode of the Bankless podcast,Continue reading “Analyzing how Bitcoin may shape the future according to this expert”

Ethereum-based NFTs have always maintained their reign in the Non-Fungible Token (NFT) landscape. However, the last 24 hours seemed to have dethroned the mighty ETH-based NFTs. And, interestingly, the one to have facilitated that, is none other than Solana (SOL). Okay Bears, SOL-based NFT completely sold out within the first 24-hours  of going live. TheContinue reading “Will Okay Bears defeat Bored Ape Yacht Club [BAYC] in emerging NFTs war”

The movement of the ETH token seems to be like a rollercoaster that cannot decide if it wishes to go uphill or downhill. At press time, ETH  was trading at a price of $2,829 which was 3.5% down in the last 24 hours. And, ETH noted a 2.8% decline in the past seven days asContinue reading “Will Ethereum’s [ETH] Monday blues get ousted by increasing…”

On 25 April 2022, the Bitcoin Mining Council (BMC) released a report that provides the findings related to a survey conducted by the organization. The findings focused on the three major metrics of electricity consumption, technological efficiency, and sustainable power mix. The report confirmed year-on-year improvements in the sustainable power mix and technological efficiency. GoingContinue reading “BTC mining efficiency grew by 63% from 12.6 to 20.5 EH per GW, but…”

At the time of writing, MATIC was trading at $1.30 down by about 8.99% over the last seven days. Notably, a majority of the MATIC holders look disappointed with the token’s price performance. However, a recent report by a blockchain analytics platform, Nansen might be a respite to the long-term MATIC holders. The report revealedContinue reading “Amid market capitulation, here’s a respite for long-term MATIC holders”

As per the latest tweet by Dune Analytics, approximately 8,937 Moonbirds are now in their “nesting” period. According to the OpenSea website, the NFT currently holds the first rank with a trading volume of ETH 44,969 in the last 24 hours and approximately 6.4K owners at the time of writing. The hype around “Nesting eggs”Continue reading “Assessing the odds of bourgeois Moonbirds NFTs taking over BAYC, MAYC”

In a recent episode of the “All-In” podcast, Coinbase CEO, Brian Armstrong, gave his opinion on issues related to the irregularity around the cryptocurrency regulatory landscape, his thoughts on how viewing cryptocurrency as one big ocean is outright incorrect, and his way of moving forward with the regulatory bodies in the future. The curious caseContinue reading “From the XRP lawsuit to crypto regulations: Coinbase CEO speaks his mind”

On the latest episode of the Bankless podcast, Vitalik Buterin expanded on his blog article, “In Defense of Bitcoin maximalism.” In fact, he also touched upon why he thinks maximalism is good, a counter-argument of why the concept should be ridiculed, and what lies between the two ends of the maximalism rope. Addressing the questionContinue reading “Bitcoin, Ethereum and finding the middle ground with maximalism”

The last five days witnessed the rise of Bitcoin’s price from $38,779 to $42,736, only to witness a drop, with the price of BTC standing at $39,584 at the time of writing. Post 6 April 2022, the king coin has been majorly resting below the neutral 50 mark on the RSI. In fact, the latestContinue reading “Factors affecting Bitcoin’s topsy-turvy way amid market-capitulation”