While Bitcoin and Ethereum might be facing a short-term correction at the moment, the overall market cap of the two coins came a long way in 2021. In fact, the miners have traveled a long way as well. Over the past 12-months of a bullish market, Bitcoin and Etheruem miners have incurred the most transactionContinue reading “Unraveling the future of Bitcoin, Ethereum mining revenues in 2021”
Latest Articles from Biraaj T
The collective crypto-market is in a strange position at the moment. Bitcoin is indicative of a strong de-correlation with the likes of Ethereum and Cardano. And, while the long-term bullish structure remains intact for most, there still seems to be panic amidst BTC’s recent plunge to $60,380. However, for XRP, the trend might be settingContinue reading “Why XRP might have a shot at $4 in the next 2 weeks”
Oh boy, Bitcoin. Short-term sellers would be panicking over the sight of its immediate price action as the asset has been on course for a massive swing action between $64,500 and $60,380 over the last 48 hours. At the moment, the tide is swinging towards the bears, but there might be something the larger marketContinue reading “Bitcoin has been seeing some ‘unusual activity’ and this is what it means”
The DeFi ecosystem has become a legitimate part of the crypto-ecosystem over the past year. It started as a yield farming experiment by Yearn Finance on Ethereum. However, very soon, multiple exchanges, lending, and payment protocols came into being from the decentralized finance segment. The explosive nature of DeFi on Ethereum led to rising txContinue reading “Ethereum is a ‘brand’ now, but can its DeFi ecosystem remain unmatched”
Over the past couple of years, institutional involvement with major assets such as Bitcoin, Ethereum has been a common affair. However, it has been a difficult task to identify all sources of investments. In late 2020, Grayscale’s Bitcoin accumulation was considered the most influential institutional interest. However, it slowed down in 2021. And yet, capitalContinue reading “Tracking the movement of Bitcoin, Ethereum fund flows from 2020”
Over the past few weeks, the commotion surrounding DeFi and NFTs has dropped in volume as the price action of major crypto assets is taking center stage. In the background, activity is still prominent but one key observation is the fact that many speculators club the narrative of DeFi, NFTs as one. While DeFi orContinue reading “Determining the extent to which DeFi, NFTs appeal to Ethereum, Binance whales”
On-chain analysis has become quite integral to Bitcoin analysis over the past few years. Understanding supply-demand dynamics, levels of activity, and short-term long-term holder mechanics define some trading characteristics of the network. Yet, during an aggressive bullish market, the credit is laid out more towards investor sentiment or futures market, which is considered as breakoutContinue reading “Bitcoin and the increasing importance of on-chain data, analytics”
Unpopular opinions are a commonality in the digital asset space. Crypto-communities often disagree on the question of evaluating a new rising project. There is a better consensus with respect to projects such as Bitcoin, Ethereum, and Cardano, however. In the following article, we will be evaluating the latter and understand why its time in theContinue reading “Is it time to re-evaluate Cardano’s position in your portfolio”
After briefly dropping down to $3888, Ethereum had registered a quick recovery to $4150 at press time. In fact, ETH looked ready to re-test its immediate resistance at $4238. However, the correction should be taken more into consideration with how on-chain fundamentals acted. There might be multiple factors in play at the moment, factors thatContinue reading “What are the odds of Ethereum falling back under $4K again”
As Bitcoin slipped on the charts, it took the entire cavalry along with it. From a technical standpoint, BTC can be expected to consolidate over the next couple of weeks as altcoins supposedly take charge. However, the narrative flips fast in the crypto-industry. In line with these corrections, we can take a look at EthereumContinue reading “Midweek mayhem: Assessing whether Cardano, Ethereum’s collapse is surprising”
A few months back, the Bitcoin industry was slapped with another ban from China. It wasn’t a new occurrence either, with multiple bans surfacing over the years. However, it specifically restricted the BTC mining sector in the Chinese provinces. The ban possibly played a cascading role in Bitcoin’s corrections during May 2021, fueling numerous FUDs.Continue reading “Is this Bitcoin FUD over for good”
Another curveball is being thrown at the crypto-industry right now, with Bitcoin and co. collectively bleeding on the charts. With Bitcoin dropping below $60,000, there might be a little bit of panic settling in. However, it is important to analyze the market on a more structural and on-chain level to estimate the situation. This willContinue reading “Bitcoin is under $60,000, but should traders sell or hold now”