The past week saw Bitcoin’s price surge by over 18 percent, with the world’s largest cryptocurrency trading close to $45,000, at press time. It should be noted, however, that following reports of Tesla investing over $1.5 billion in Bitcoin, BTC climbed to register a new ATH above $48,000, before corrections set in. The question thusContinue reading “How bullish really are Ethereum, Chainlink?”
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink’s price has been on the rise since the start of the week. In fact, this has been the trend across the larger crypto-market lately, especially on the heels of Bitcoin’s bull run. Interestingly,Continue reading “Chainlink Price Analysis: 11 February”
Bitcoin has evolved in many ways over the past decade, and so has the crypto-market. What was once considered to be ‘Internet money’ is now being considered by serious institutional investors, giving BTC and the crypto-market a certain sense of credibility. Over the said period, the suspicion surrounding digital assets, as portrayed in the mediaContinue reading “Media’s playbook on Bitcoin – Just how biased are they?”
With Bitcoin continuing to consolidate between the $33,000 and $35,000 price levels at press time, there was a slight lack of bullish momentum in the crypto-market, when compared to previous weeks. However, the trend has not always been uniform across the altcoin market. In fact, over the past 24-hours, popular altcoins like Monero, SNX registeredContinue reading “Monero, Synthetix, DigiByte Price Analysis: 29 January”
Bitcoin has grown by leaps and bounds over the past year. However, as is often the case, growth and attempts to regulate often go hand-in-hand, with the past year also seeing increasing efforts at regulating the crypto-market in a bid to curb bad actors and crimes like money laundering. Towards the end of 2020, theContinue reading “This is the biggest hurdle Bitcoin faces when it comes to cross-border txns”
Bitcoin’s price, over the past 24 hours, has been on a very topsy-turvy journey, with its sideways movement punctuated only by an unexpected Elon Musk-triggered hike on the charts. On the contrary, most of the market’s altcoins continue to trade in narrow channels. For coins like Tron, Aave, and Crypto.com Coin, such has been theContinue reading “Tron, Aave, Crypto.com Coin Price Analysis: 29 January”
Until a few hours ago, Bitcoin’s price was expected to continue stagnating on the charts. With most of the cryptocurrency’s technical indicators wearing a bearish hue, many in the community expected the world’s largest cryptocurrency to trade within the $31,000-$33,000 range in the near-term. However, a major opening for the price came in the formContinue reading “Bitcoin’s unexpected price surge sees >$558M shorts liquidated”
The crypto-market’s altcoins tend to follow Bitcoin and when the king coin registers price corrections, it is common to see altcoins also take a slight hit. Such has been the case of late as in the last 24 hours alone, cryptos such as Tezos, BAT, and Decred have endured spells of sideways movement on theContinue reading “Tezos, BAT, Decred Price Analysis: 28 January”
Bitcoin’s price endured quite a few price corrections after it touched its most-recent ATH around the $42,000-mark. Corrections would be an understatement, perhaps, since Bitcoin’s price has fallen by over 15 percent in the last three days alone, with the cryptocurrency trading at $31,181 at press time. Understandably, BTC’s performance has fueled speculations that theContinue reading “Should traders double down on their Bitcoin accumulation?”
DeFi has seen a lot of growth and hype over the past year. 2020, in retrospect, had a lasting impact on the cryptocurrency ecosystem. It saw both historic lows and highs with regard to Bitcoin’s valuation, along with gargantuan growth for the DeFi space. In fact, according to data from DeFiPulse, DeFi’s total value lockedContinue reading “What’s behind YFI’s recent price woes?”
Over the course of the week, the larger crypto-market saw a slump in bullish momentum. With Bitcoin continuing to trade around the $32k-level, many of the market’s altcoins also saw a lot of sideways movement on the charts. Ethereum [ETH] Ethereum, at press time, was trading at $1,266.8, with ETH registering a minor correction ofContinue reading “Ethereum, Cosmos, FTX Token: 28 January”
Ethereum registered a lot of bullish momentum on the charts as 2020 came to a close. On the back of Bitcoin’s bull run, 2021 has also been very promising for the cryptocurrency. In fact, even as Bitcoin struggled to maintain the $32,000-price level, Ethereum ended up securing its latest ATH. However, since then, the situationContinue reading “Should you be worried about Ethereum’s latest price dip?”