Global crypto-holders suffered a lot during the crypto-winter. In fact, the global market cap of cryptocurrencies even dropped below $1 trillion. This is a far cry from the peak in November 2021 when it amassed $3 trillion. While a lot of universal challenges have pulled back the market’s growth this year, some challenges are moreContinue reading “India: Crypto-exchange volumes are falling, but for how long”
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A lesser-known Ethereum-based NFT collection called Sorare is making huge strides in the NFT marketplace of late. It topped the chart of ‘NFT collection rankings by sales volume.’ In fact, it has registered more sales than Bored Ape Yacht Club [BAYC] and Mutant Ape Yacht Club [MAYC] put together. Blimey! That’s quite a jump YouContinue reading “Will Sorare NFT beat BAYC and MAYC in the long term given its high…”
The world of digital assets has come crashing down in recent weeks. The NFT markets have taken the brunt. However, the markets are attempting a reversal with a recent surge in NFT sales. Now, you may ask who will be the new winner of the revamped NFT market? A shining light in this pool ofContinue reading “BNB chain, NFT market, and the untold tale of sales activity”
Briefs on the latest Ethereum Consensus Call have been released. It includes important notifications about the network and its progress toward the Merge. The Merge awaits Christine Kim, a research associate at Galaxy Digital, compiled a brief about the latest Consensus- Layer Call held on 30 June. The meeting was attended by several core EthereumContinue reading “Decoding Ethereum’s ‘Consensus-layer Call 90 Agenda’ for trading focus”
The NFT marketplace has taken some huge hits in Q2 of 2022. The bear phase was confirmed in May around the time of the Terra collapse when the crypto market began to fall. But recently there has been an uptick across major collections. However, not all collections are flying through this recovery period. Enter OkayContinue reading “Okay Bears, Magic Eden and tale of Solana NFT’s ‘vibrant trading scene’”
The Three Arrows Capital [3AC] crisis sees no end even after the news of insolvency was confirmed. The Singapore-based crypto hedge fund has filed for Chapter 15 Bankruptcy Protection as per the Financial Times. However, the leak has spread to other crypto institutions and the crypto market continues to bleed in these circumstances. Here weContinue reading “3AC refuses to go down amid institutional crisis? Here’s latest update”
The second financial quarter of 2022 didn’t end very well for Bitcoin [BTC]. In what can be called ‘extreme market conditions,’ the flagship crypto coin has been struggling on all fronts. Investors are left with low returns, while crypto institutions are toppling like dominoes. However, there is a silver lining here as well. Fresh fromContinue reading “For Bitcoin investors, this metric foreshadows ‘oncoming price turnarounds’”
Meme token Shiba Inu [SHIB] has ticked a high network activity recently. This comes at a time when the entire market is bleeding. Hence, investors are keen on understanding if this movement is just a temporary setup or points towards a bullish surge for SHIB in the coming days. Shiba Inu has struggled for consistencyContinue reading “Shiba Inu investors can consider this metric before exiting their position”
Deposits in ETH 2.0 reached an all-time high on 30 June. This comes after the largest altcoin took a hit in light of the 3AC liquidation. As ETH hovers near the make-or-break level, investors question where will Ethereum [ETH] go from here? No break over here Ethereum just had one of the most torrid monthsContinue reading “ETH 2.0 deposits reaching ATH could mean this for ETH holders”
The Horizon hack has taken a new twist after the latest post-mortem report. The $100 million theft was initially observed on 24 June but after careful analysis, new developments have emerged. From Uniswap to Tornado, the money trail led to the potential perpetrators. It’s them again The Harmony team identified a theft of over $100Continue reading “Harmony, North Korea, Lazarus – A Q worth $100M”
Bitcoin’s fall in price on 28 June can be considered quite significant for the king coin. It has effectively ripped out all the bullish surges from the past week and has reduced BTC back to the 3AC crash valuations. One may question- Is this an indication of a severe pullback or a minor setback? SeeContinue reading “Bitcoin’s [BTC] exchange inflow and outflow are signaling…”
A British Virgin Islands court has ordered the liquidation of Three Arrows Capital, according to the reports. The Singapore-based crypto hedge fund has been battling it out in recent weeks after the Terra crash. But with over $400 million in liquidations, it seems time has finally run out now. Up in the air A BritishContinue reading “3AC to get liquidated soon? The NFT market could be key”