Over the past few days, the focus of the community analyzing the Bitcoin market has solely been on how or when BTC might reach $64,000. And yet, it has been difficult to estimate. Mostly due to the lack of continuity in BTC’s current bull rally. The previous rally began in late November 2020 and laterContinue reading “Is it time for traders to worry about Bitcoin NOT climbing to $64,000”

The institutional interest associated with Bitcoin has been seeing a massive influx since the end of 2020. Over the past few months, several major companies have launched their own Bitcoin treasuries. What’s more, they have initiated regular accumulation of digital assets, some more than others. However, during the May blowout, there was an air ofContinue reading “This is how treasuries have responded to Bitcoin’s recovery”

The common query that is currently doing the rounds in the crypto-industry is whether to enter the Bitcoin market right now or wait. Many investors are already entering the market out of the fear that they might miss out on a golden chance. This, even as BTC continues to consolidate near $50,000. The general beliefContinue reading “Why Bitcoin investors are yet to buy into the euphoria”

2021 is not the same as 2017. While this particular statement has been redundantly used, it is essential to understand the ‘why’ of it. 2017 had a predominant Bitcoin presence while in 2021, Ethereum and other altcoins have brought legitimate liquidity. The volatility tussle between BTC and ETH was a point of discussion as bothContinue reading “Is Ethereum better positioned if Bitcoin is more volatile”

It has been a monumental year for Coinbase. 2021 saw its IPO launch and after an initially rocky start, the organization was able to close out a profitable 2nd financial quarter. With Bitcoin recovering over the same time, a case can be made that Coinbase and the digital asset are possibly co-dependent. In a recentContinue reading “How Coinbase plans to accumulate Bitcoin going forward”

Bitcoin, at the time of writing, was oscillating around $50,000. While its price may drop or rise again in the short term, a gradual ascendency above the aforementioned range is a near-confirmed scenario. BTC breaching $50,000 keeps the asset roughly 30% away from its previous all-time high. However, with trading volumes decreasing and being relativelyContinue reading “Bitcoin: A re-test of $64k is possible if this catalyst shows up again”

Ethereum’s transaction fee was well under $3, at the time of writing. In April 2021, it spiked up to between the $65-$70 range, making the chain extremely expensive to utilize as a smart contract platform. Over the past few months, however, Polygon and Binance Smart Chain have put their name in the hat as alternatives.Continue reading “Why it’s best to draw the line between Ethereum, Polygon”

Bitcoin’s lightning activity has kept pace this time around. Since the beginning of March, BTC’s 2nd layer payments protocol has seen parabolic growth in terms of activity. The number of BTC held on the chain, for instance, has increased significantly, with other factors recording a hike as well. Over the past month, it has hardlyContinue reading “How Bitcoin might get ahead of Ethereum before its PoS shift”

Ethereum has played a major role in the success of DeFi, and more recently, the growth of NFTs. While the space received immense interest early in 2021, during the month of July, NFTs took the ecosystem by storm. Now, over $1 billion in trading volumes were generated across various smart contract platforms. However, Ethereum’s primaryContinue reading “What you’re missing about the relationship between Ethereum, NFTs”

Bitcoin and Ethereum are always competing with each other. Well, that’s the opinion of their respective crypto-communities. Now, while both assets are among the industry’s most significant, their market cap, valuations, and functionalities remain widely different. However, their momentum can be best analyzed with respect to ATH-recovering abilities. The following article might help provide moreContinue reading “Bitcoin v. Ethereum – Assessing which asset will hit its ATH first”

Over the past few weeks, several altcoins have been under the limelight of the market due to an increase in bullish pressure. With corrections currently lapping the industry, few changes have been taking place, indicative of the mid-to-long term scenario. SUSHI has been one of these altcoins. In a market with a lot of bearishContinue reading “Could this ratio be key to identifying where SUSHI is heading”

The cryptocurrency industry is innovative and diverse, yet it is natural that some of the major projects are competing in the same sector. In a recent article, we discussed the recent classification of assets based on their functionality, where Ethereum and Binance, fell under the same column. Specifically, Ethereum and Binance were in the sameContinue reading “What recent stats say about the ‘Binance Smart Chain over Ethereum’ debate”