Ethereum’s network looks all set for the year 2022 and for the years to come, as per a new report released by a16zcrypto. The 2022 State of Crypto report discussed the trend lines of the crypto-industry and the development of Web3. Lying at the heart of it is Ethereum with its smart contract platforms thatContinue reading “What these data points tell us about where Ethereum is heading”

The concept of decentralization in finance first came into existence in 2008 with the use of blockchain. However, the large tree of decentralization has its branches spread across various industries. The cryptocurrency industry and Web3 are two such examples of the implementation of decentralization in the real world. A venture capital fund a16zcrypto recently publishedContinue reading “OpenSea, DeFi, Web3- Report reveals facts for the long term investors”

LUNA and UST both are showing signs of recovery after recent collapses, with the same sending shockwaves across the industry. Several experts believe that Terra founder Do Kwon is responsible for the latest crash that wiped out more than $1 trillion from the market. However, it is important to recognize the macro headwinds that areContinue reading “Why UST’s crash has experts talking and taking different sides”

Ethereum investors continue to show faith in their loved altcoin even after the recent crash. Despite the macro headwinds, ETH is now ranging above $2,000 repaying the faith of the investors. Now, the pertinent question remains- Is the Luna debacle still affecting Ethereum? The recent slump caused a major worry in the Ethereum community whichContinue reading “ETH darlings need to know this before they open a position this bear season”

With many individuals and institutions losing faith in cryptocurrencies of late, looks like one country stands unaffected. Despite the unimpressive few days of the cryptocurrency market, Nigeria’s Securities and Exchange Commission (SEC) has announced rules relating to the issuance, exchange, and custody of digital assets in the country. With Nigeria already being one of theContinue reading “Nigeria welcomes ‘Crypto Asset Rules;’ the plan might impress you”

ETH is showing strong signs of recovery after a recent meltdown of the crypto market. The parity was restored after a near 10% growth surged ETH above $2,000. Impressively, it has been able to hold this position after plunging below $1,700 in the past week. What can we expect from the flagship alt coin? IsContinue reading “Ethereum: What to expect as ETH stages a near 10% recovery on the charts”

BTC has managed to recover above $30,000 level after crashing below $26,000 in the latest episode of the crypto crash. BTC prices have rallied nearly 10% in the past 24 hours showing strong bullish signals after this debacle. The Bitcoin bulls are looking to consolidate this position onto a gradual recovery despite macro factors stillContinue reading “Bitcoin: What you should look out for as BTC recovers over 10% in a day”

On 12 May, BTC dropped to its lowest valuation of $26,350 since December 2020. There is an uncanny resemblance between this crash with the mid-season crypto breakdown in May-June 2021. In both crashes, the price of BTC dropped below the all-important support level of $30,000. Back in June 2021, it reversed back from $29,800 butContinue reading “Bitcoin reaches lowest point since Dec 2020; here’s what to expect”

Ethereum has dropped to its lowest point since July 2021 in the aftermath of the latest crypto crash. Standing at $1750 at press time, Ethereum has plunged severely recently suffering a near 25% dip in last 24 hours. Experts regard the LFG sell-off as the major factor for this debacle. The latest drawdown in theContinue reading “Ethereum: What’s the reason behind ETH facing the brunt of this recent crash”

As Bitcoin to a new low, other cryptos also plunged likewise including Ethereum, Solana, and Ripple. The market cap of the crypto industry even fell to $1.37 trillion representing the plight of investors. BTC prices dropped below $29,000 in what has been a dreadful month so far. Even the metrics are suggestive of a bearishContinue reading “Bitcoin: Crypto market bloodbath rages on as BTC touches $26k range”

The U.S. SEC Chair Gary Gensler criticized stablecoins and digital asset exchanges for trading against their customers. This criticism comes at a low point for the crypto market which is currently going through a rough patch. Headlining the dip was Terra labs, which saw its stablecoin take a massive blow of a 90% drop. SECContinue reading “Gensler attacks USDT, USDC, BUSD while Do Kwon takes his ‘razor focus to deliver’”

Ethereum [ETH] dropped by 18% in less than a week after bouncing off the $2,200 support level. This happened after BTC suffered another shock and dipped to $30,000. The entire crypto market has gone into a frenzy in recent days with Luna and UST headlining the fallen market situation. A particularly bearish sentiment swept ETHContinue reading “Ethereum’s TVL takes a massive hit, but here’s a sign of hope”