The Bitcoin community is divided by opinion and at the moment, it is fair. The market hasn’t been outrightly bullish after recent corrections, but the asset continues to hold fort above the $42,000-mark. The major issue with such a price position is that it leads to both bullish and bearish arguments. The discussions are furtherContinue reading “Bitcoin: Here’s confirmation of what BTC’s immediate trend is”

Polygon’s community rejoiced after a recent announcement saw one of the world’s leading consulting firms, Ernst & Young, join hands with the scaling solution. This could be a monumental step, one taken towards the next stage of growth for Polygon. However, there are a few things that should be considered before losing oneself in theContinue reading “How the Polygon-E&Y tie-up can lead to a classic case of ‘hype development’”

SEC Chairman Gary Gensler visited the Aspen Institute for a conference this summer and made it clear that the rules were “awfully clear” on digital assets. He said something similar in a recent interview with the Financial Times, urging blockchain and fintech developers to “talk to us, come in!” The fate of the industry, likeContinue reading “Why sticking it to Coinbase, Ripple isn’t the best move from the SEC”

Cardano is currently hours away from its highly anticipated Alonzo hard fork. According to recent announcements, the hard fork is expected to commence on September 12th, Sunday at approximately 21:45 UTC. A few weeks back, such an update would have played right into ADA’s hand to breach another key milestone in the charts but sinceContinue reading “With the Alonzo hardfork on its way, where is Cardano headed right now”

A Bitcoin ETF has been long denied to U.S investors. In recent times, countries such as Canada and Brazil have authorized BTC, ETH ETFs. And yet, the SEC continues to refrain from doing so in the United States. However, such optimism has grown significantly over the last few weeks after SEC Chair Gary Gensler’s commentsContinue reading “Assessing how Bitcoin’s market will REALLY do if an ETF is approved”

While 2021 is considered a largely bullish year for the crypto-market, Bitcoin has seen 6 flash crashes over the past 8 months. Simply put, traders faced massive liquidations and fear of trend reversal on the charts 6 times in the last 8 months. With flash crashes, it is always difficult to gauge whether corrections areContinue reading “Bitcoin: Two reasons why flash crashes aren’t all that bad”

Over the past few years, the relative stigma of investing directly in Bitcoin has slowly diminished. Previously, direct exposure to Bitcoin was considered risky by most accredited investors. They worried that the volatility aspect of cryptocurrencies was well above their risk appetite. However, now there are multiple ways to get into Bitcoin via investment vehiclesContinue reading “Can Bitcoin mining stocks do the trick if you’re looking for exposure”

On 7 September, Bitcoin recorded a steep correction of 11.01% as many altcoins faced a similar drawdown period. Since the breakout, however, its recovery has not been instantaneous as a lack of momentum is keeping the price moving sideways. With most in the community still coping with the fallout, there are plenty of questions around.Continue reading “Did NFTs have a role to play in Bitcoin dropping by 11%”

Over the past few weeks, Cardano had kept the altcoin market and its investors engaged, as the asset breached into a new all-time high of $3.10. However, since breaking above $3, Cardano did not demonstrate the same strength, and over the past 7-days, the asset dipped regularly on the chart. Now, as ADA’s value droppedContinue reading “Is Cardano’s drop to $2 more than just a bearish breakout”

The rising interest in NFTs has been well-documented over the past few weeks. Whether it is Ethereum-based Crypto Punks or BSC’s CryptoBlades game, engagement and traffic has been consistent. This has fueled the development of a new marketplace altogether. While activity is bringing eyes to this new form of asset, it is also generating massiveContinue reading “Is this revenue stream sustainable for Ethereum”

The market is currently under a certain amount of bearish pressure at the moment. Bitcoin and the collective market are bleeding on the short-term time interval with major altcoins registering daily lows. In the longer term, the trend remains bullish, and with respect to the transaction volumes, an interesting trend has been observed. This articleContinue reading “Is Bitcoin on the cusp of a generational top or a second rally”

After the devastating May crash, August 2021 marked the first month of actual recovery for Bitcoin and Ethereum, as both assets were able to recapture important resistance levels. Over the past few weeks, Bitcoin initially managed to take a position above $42,000, and was now consolidating above the $50k mark. Ethereum re-tested $4000 earlier, andContinue reading “This unlikely factor supported Bitcoin, Ethereum Options in August”