The crypto market has seen a shift in general sentiment since 9 August. This is being credited to the release of United States CPI news which will be panned out later on 10 August. There are expectations among analysts that inflation has already peaked in June with the cooling of gas prices and supply-chain issues.Continue reading “Ethereum updates to know before taking profit this week”

The Avalanche network in the late hours of 9 August reached a new milestone after it recorded an all-time high in daily transactions metric. It was accomplished when the metric crossed 1.51 million transactions. Interestingly, the previous all-time high (ATH) was observed just a day earlier. What’s more impressive is that the value of theContinue reading “Where could Avalanche [AVAX] go with these developments”

The BNB token is emerging as a great performer even though the top crypto assets fell on 10 August. With growing fears surrounding U.S. inflation news, Bitcoin lost a crucial $23k support albeit briefly. The broader market followed suit which resulted in far more reds in the crypto market. However, the BNB token has shakenContinue reading “Did BNB escape inflation headwind to emerge as crypto big boy”

The king coin of cryptocurrencies continues to divide opinions among skeptics with its latest movement. After rejecting the $24.2K resistance, BTC prices have crashed below $23,450 at press time according to CoinMarketCap. This rejection has raised many eyebrows in the community since market conditions have improved of late. Galaxy Digital CEO Mike Novogratz recently toldContinue reading “Bitcoin: Analysts’ take on where BTC could go next”

Polkadot has been grabbing headlines recently with its performance. The latest updates on the network have added fuel to DOT’s uptrend in the crypto market. This has made DOT the highest performing crypto asset among CoinMarketCap’s top 10 tokens. DOT, at press time, was trading at $9.01 after gaining a significant bull charge over theContinue reading “Assessing the odds of Polkadot [DOT] sustaining its growth”

Polygon is back again in the heat of the mix. The network started in August with a new raft of developments. The updates look to have affected MATIC’s price over the week. The token noted a 7.5% surge over the week at $0.92 according to CoinMarketCap. Polygon’s MATIC has responded to the improving market conditionsContinue reading “Polygon rounds off an active week with this developing hope”

The past week has been a spectacle for the Solana community with a host of new features launched. These upgrades can be traced down in Solana-based protocols and the mainnet as well. Consequently, there have been significant changes in the SOL token’s price action during the period under review. According to CoinMarketCap, SOL, at pressContinue reading “Reasons why Solana [SOL] traders could go long this week”

Many crypto projects have recovered from the crypto winter. STEPN is another project that has shown extensive growth since June’s bottoms. The move-to-earn gaming phenomenon has come back to life after an underwhelming couple of months. Moreover, the founders have laid out development plans for STEPN as it attempts to resurface in the crypto market.Continue reading “STEPN: Should you invest in GMT before ‘sneaker season’ ends”

During the crypto-onslaught of the first half of 2022, there were some unnoticed movements in DEXs. A relatively lesser-known DEX called Perpetual Protocol has ramped activity on Optimism. In fact, since the launch of Perp v2, it has had the largest number of transactions on Optimism. Looking back The first half of 2022 has especiallyContinue reading “PERP-etually Optimistic: Tracing the road for this prodigal DEX going forward”

The general market recovery has been a major talking point since we wrapped up the first week of August. This theme is further prevalent in the NFT market which has seen “bluechip” collections reaping the rewards. However, CryptoPunks stands out as the leading collection during the bear market. The collection has been a regular fixtureContinue reading “Assessing how and why CryptoPunks is not out of the game yet”

Following the latest market recovery, we are looking at a very sunny crypto-summer. In the mix is the OP token, with the same treading around its all-time high on 4 August. The then-peak of $2.17 with the OP bulls is in full swing today. The token was trading at $2.0, at press time, with aContinue reading “OP and Optimism – Is a new ATH in the works now”

Flow has been reaping the benefits of its recent announcements. The same can perhaps be attributed to Meta’s collaboration with Flow blockchain. In fact, when the news broke on 4 August, FLOW was trading at around $1.85. Soon after, however, FLOW pumped up to $2.96 on the charts. 3… 2… 1… According to a recentContinue reading “Assessing the if and how of Meta-inspired FLOW losing its pace”