Bitcoin registered its largest weekly close during the middle of October, and last week, it was topped again by closing at $62,500. Over the current week, Bitcoin reached as high at $69,000 but at press time, it is currently consolidating under $64,000 yet again. While the long-term narrative is strongly bullish right now, signs ofContinue reading “Moving past these divergences will put Bitcoin’s ‘resilience’ to test”

Thousands of digital assets have been launched over the years, and thousands will bite the dust in the coming decade. Irrespective of that, Bitcoin and Ethereum are here to stay and develop, but a majority of the evolving is currently being manifested by the latter asset. Since the London hard fork, Ether’s tokenomics changed forContinue reading “The lowdown on how Ethereum’s demand-supply dynamic will evolve”

Among the top-ten cryptocurrencies during the recovery period in 2019, Tron has been largely irrelevant over the past couple of years. Its popular proponent and founder, Justin Sun also haven’t been in the news lately, as the popularity of the TRX ecosystem has faded to insignificance. Yet, metrics suggest it is not down and out.Continue reading “What these signs indicate about Tron reaching $0.18 before 2021 ends”

Shiba Inu and Dogelon Mars were among the top performers in October 2021. Saying that out loud is extremely strange considering these assets only came into existence in the current bull run. It is ICO 2017 but on peak adrenaline and investors continue to come back for more, however, the bubble could burst anytime, justContinue reading “Do Shiba Inu, Dogecoin, Dogelon Mars have any ‘bite’ left”

Besides Bitcoin and Ethereum, every crypto-asset in the market has undergone consistent shuffling over the course of 2021. The market cap value between some of the top projects has been neck and neck. The difference between Cardano, XRP, and Polkadot, for instance, is only $5 billion from one to another, and that has been theContinue reading “Assessing Polygon’s lack of momentum and why it isn’t completely at fault”

Bitcoin proponents are having a field day in the market. The digital asset breached past its $64,000 resistance for the 1st time since 21 October. While the level was previously tested on 2 November, there wasn’t a market close above the range. At press time, Bitcoin was consolidating near $66,000, but the breakout happened beforeContinue reading “Why Bitcoin investors should be wary of the CME gap”

At one point in 2019, Litecoin was ranked 4th on the cryptocurrency charts. However, times have changed over the past couple of years and the silver counterpart to Bitcoin is now all the way down at 16th. A strong legacy coin in terms of market popularity is currently lagging behind the likes of meme tokensContinue reading “Assessing if Litecoin breaching $500-level is a real possibility now”

With bullish market momentum shifting gears from one altcoin to the other, at press time, Binance Coin seemed to be taking full advantage of the scenario. In fact, BNB was valued at above $650, extremely close to its previous all-time high of $692 from May 2021. However, there are certain fundamental differences between Q1 2021Continue reading “Why a new ATH for Binance Coin won’t come without a price”

Ethereum is huge. Now, in terms of market cap, it might be just half of Bitcoin’s value. However, here is a visual representation of some of the important projects based on the chain. At first glance, protocols such as Uniswap, USDC coin, Metamask, Chainlink, and many more can be seen. And yet, over time, EtherContinue reading “Should Ethereum’s flexibility be valued more than its market cap”

After an hourly candle burst on 3 November at 18:00 UTC, Bitcoin is yet again testing the waters near $60,000. At press time, BTC dropped down to as low as $60,050, with fundamental structure looking weak in the short term. However, there is also a train of thought that, selling pressure from hodlers is currentlyContinue reading “Bitcoin: Dealing with this right now, will determine the scope of long-term returns”

Amidst market pumps and corrections over the past month, a particular set of coins have dropped down the pecking order. Uni, Sushi, Cake, all these assets other assets having food ticker titles, have slid down the crypto rankings in the market. At press time, Uniswap was ranked 18th with a market cap of $13.2 billion,Continue reading “Assessing the chances of Uniswap, Sushiswap getting on board the bullish train”

As one of the best-performing assets in the world, Bitcoin brings in a lot of attention for its investors. Its transparent model doesn’t help as every single transaction is recorded on a public ledger. Hence, it is easier to determine the whale addresses, holding an enormous amount of the digital assets. While it hardly bringsContinue reading “Does this impact Bitcoin’s intrinsic value and should retail investors be concerned”