Uniswap, at press time, had accumulated a seven-day trading volume of $9.7 billion. In doing so, it has continued to dominate the DEX space. In fact, Uniswap’s daily trading volume just exceeded Coinbase recently. This further goes on to illustrate the growing prominence of DEXs in the space. Despite such growth, however, is Uniswap well-equippedContinue reading “Here’s why Uniswap’s DEX race isn’t run just yet despite July”

The second quarter of 2022 has been one of the worst-performing quarters for most cryptocurrencies. BNB Chain also suffered massively during the carnage, with BNB dipping by more than 50%. However, BNB Chain is now on track for a steady recovery in August. There is renewed optimism among investors for a much-improved performance during theContinue reading “Investors, should you watch out for BNB Chain after this ‘milestone’”

Ethereum appears to be on the right trajectory after a month of redemption. ETH started the month priced a little above $1,050, but is about to end it at around $1,700. On the back of a wider market upturn and the Merge’s announcement, Ethereum has surged on the charts. In fact, the Merge announcement, dueContinue reading “Ethereum [ETH]: All you should know about the full impact of its Merge reveal”

From the highs of $68k to the sinking levels of $17k, Bitcoin has seen it all. The first half of 2022 has been a glaring reflection of the volatility trends of the crypto-economy. During this period, both internal and external factors were at play to conclude one of the worst half-yearly performances from Bitcoin. ThisContinue reading “Bitcoin [BTC]: Will H2 2022 finally bring some good news for investors”

Lido Finance has gone unnoticed recently, with Ethereum and its Merge keeping everyone at bay. Lido is making huge strides in the DeFi market with its liquid staking protocols now more attractive than ever. In fact, staking providers such as Lido are expected to blossom further as the Merge edges closer. Lido’s revenues are expectedContinue reading “Up by 398%, here’s what’s next for Lido DAO on the charts”

The crypto-market seems to be stabilizing of late, despite an increase in the Fed’s interest rates. DEXs are also beginning to see a resurgence after TVLs hit record lows in Q2 of 2022. SushiSwap too has been revelling during this period of recovery, with the DEX seeing a major shift in total value locked overContinue reading “SushiSwap and what ‘over $130M added in July’ means for SUSHI”

Ethereum [ETH] developers concluded their latest fortnightly call two days ago. All eyes are on the Merge transition scheduled for September. But before that there are still some things to be crossed off the list. The call put forth pressing concerns for the developers and scheduled updates for the ecosystem. Market optimists are counting onContinue reading “ETH up by 11% as Ethereum community remains optimistic about the Merge “

Polygon [MATIC] has been riding high in the crypto market recently. The meteoric and yet shocking rise of MATIC’s price has been well-documented in the news. Most recently, Polygon announced the release of zkEVM, its first EVM-compatible layer 2 scaling solution. This development is expected to be a big hit as it will enable cheaperContinue reading “Assessing Polygon’s comeback as Q3 paints new hopes for MATIC holders”

The Federal Reserve increased the interest rate by a further 0.75% and the crypto markets responded bizarrely. The U.S. interest rates are back to pre-pandemic levels as the battle against inflation rages on. The crypto market has thus rallied in response to the rate hike as trader sentiment shocks market skeptics. Only surprises here GriffinContinue reading “This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike”

The SEC and Ripple case has reached a frustrating impasse as both sides struggle to hold their ground. Only recently, Ripple Legal filed a motion to thwart the SEC in which they targeted the SEC’s unlawful methods. The SEC has unlawfully used the Howey Test as the token represented a “security per se”. This theoryContinue reading “Ripple v. SEC lawsuit takes a new turn as ‘unidentified’ third-party enters”

The crypto market has lost its momentum yet again after the relief rally diminished over the weekend. One of the major reasons for this fall is the increasing market FUD for the Fed’s meeting. As we approach a crucial junction, Bitcoin [BTC] has yet again dropped below the $21,500 mark. A sentimental shakedown The bearsContinue reading “Bitcoin enters this decisive level as FUD rules over crypto market”

The king of altcoins has been struggling to gain its momentum and get back to its feet. In fact, the Ethereum [ETH] community is beginning to react to the Fed meeting and gross domestic product (GDP) release. Recent on-chain data suggests that tensions are running high as the crypto relief rally lost momentum. Traders canContinue reading “ETH traders can consider these metrics to price in FED’s decision”