The entire crypto market is trying to recover from the latest crash. Meanwhile, El Salvador president Nayib Bukele looks undefeated. Recently, he shared a “cool” jab on social media despite the latest Bitcoin shortcomings. It’s worthy to note that his government is facing a mounting crisis with the legal experimentation of Bitcoin.  Notably, Bukele grabbedContinue reading “Latest BTC downturn presents El Salvador this crisis but Nayib Bukele…”

The bear market that pulled down cryptocurrencies and NFTs alike is currently on to its next target. It seems that the DeFi segment is next-in-line for a bloodbath. DeFi’s Total Value Locked has fallen dramatically since early April, with prominent events wreaking havoc across the Web3 space. The TVL on DeFi dropped below $110 billionContinue reading “What you should know about DeFi’s meltdown after Terra’s episode”

Ahead of the upcoming Vasil testnet that is to launch in early June 2022, Cardano published an encouraging update. The network reported a strong foundation with many new projects planned out with Fund9 that are to be launched. Cardano recently posted their Weekly Development Report to inform users about the ongoing development updates. The reportContinue reading “Analyzing how ADA might respond to Cardano’s much-awaited Vasil hardfork”

The market has serious concerns with regards to the so-called “stability” of much-talked-about stablecoins. With the market still trying to find a balance post the Terra debacle, Tether published a report on the company’s financials. Tether, the largest stablecoin by market cap, also lost its peg after dropping to $0.95. This raised fears of anotherContinue reading “Tether and how it maintained ‘stability through multiple black swan events’”

The crypto market has had quite a rough ride of late. The king altcoin Ethereum in the last 24 hours tanked by 3.54%. It followed BTC’s movement closely as ETH’s correlation to the king coin stood at 0.91. The last 24 hours have been crucial for Ethereum as the bears gained momentum. On 20 May,Continue reading “Ethereum’s on-chain metrics are troubled but ETH can go up high only if…”

The Bitcoin [BTC] saga seems never-ending as the flagship cryptocurrency fell below the $30k mark yet again. The king coin did witness signs of recovery after the Terra collapse but looks like the crypto gods aren’t as pleased with the coin. Now the question is- Why BTC is down again and is there any near-termContinue reading “Decoding why Bitcoin[ BTC] is below the $30k range yet again”

With tokens licking their wounds and healing from the unexpected bloodbath witnessed in May, some tokens haven’t exactly followed the “slow and steady” path to recovery. One such token is ATOM, and the token witnessed a huge spike in its price in the past 24 hours. The sudden spike accounted for a frantic yet rewardingContinue reading “Can Cosmos [ATOM] continue its impressive price resilience in the long run”

Avalanche is facing a testing day in the past 24 hours with the Ava Labs cryptocurrency facing massive volatility. The AVAX token initially went through a 16% dip before gaining momentum and rising above by 10%. What does the future hold for AVAX? If you expected volatility to be a thing of the past inContinue reading “Avalanche: Caught in a snowstorm, AVAX bears the brunt of the crash”

ETH is back on track after recording a 4% bull run in the last 24 hours. After a difficult series of weeks, ETH developers have finally released a bit of good news. A core developer posted a tweet signaling the release of the testnet on 8 June. The Ethereum community seems to have a sighContinue reading “Ethereum [ETH] attempting to sustain itself over $2k level thanks to…”

The United States Congress has elaborated on its plan to regulate cryptocurrencies and other digital assets after careful assessments. The legal ambiguity of digital assets has been a major concern in several major economies. The recent Terra crash has only increased the need for regulation in which $15 billion was lost from the crypto market.Continue reading “U.S. Congress finally introduces crypto bills; here’s what you should know”

The crypto market has been reeling under bearish pressure for quite some time now. But a few altcoins have defied the current market structure. One such alt was Solana. In the last seven days, SOL was up by 16.06%. However, there still remain concerns related to some of its on-chain metrics. What’s up with Solana?Continue reading “Is Solana [SOL] NFT market in trouble? Here’s what you should definitely know”

Cardano tanked its value again as the period of turmoil continues well into May. ADA dropped to a new low on 19 May when it declined by around 10% to $0.507. At the height of the Terra debacle, Cardano suffered along with the rest of the crypto market. On 12 May, Cardano crashed to $0.47Continue reading “Cardano [ADA] investors should know that the whales have been actively…”