Recently published report suggests a major downtrend in NFT sales. This led to calls of a worrying NFT market sentiment which are gradually being quashed after big performances recently. Nonfungible published a report talking about the NFT market performance during the Q1 of 2022. The report has raised many eyebrows after being published, indicating a depletingContinue reading “Is the NFT hype fizzling out or is there something else at play here”

The crypto market is facing a testing start to May. With the Feds announcement, the market has faced two major dips already with the latest being a 3.7% dip. Amidst this, there has been yet another statistic has come out that can cause a bit of worry and raise a lot of eyebrows. Stablecoins, namelyContinue reading “New data regarding stablecoin activity says this about the market sentiment”

The broader crypto market has seen better days. Bitcoin took a hit and fell by 3.7% in the same duration with liquidations rising to $120 million. What do these conditions entail for Bitcoin after the recent market volatility? Another day, another dip for the crypto “big brother.” After falling by another 3.7%, skeptics were quickContinue reading “Bitcoin: Short term price action looks bleak but here’s what to look out for”

Just a day after crashing 7% along with other major cryptocurrencies, Ethereum is back again in the news. There is growing uncertainty over its short-term prediction with different data sets suggesting more confusion for investors. Glassnode posted two metrics on its Twitter feed suggesting oncoming turbulence for Ethereum. The delay of ‘Merge’ has led toContinue reading “Here’s why Ethereum may face mounting odds against a recovery”

LUNA, the native cryptocurrency of the Terra network, fell by 9% over the last day. It is suggested that LUNA is still reeling from the crypto crash earlier in May. The price charts are also indicating a turbulent month ahead with worrying data further letting down investors. LUNA seems to be stuck in a slumpContinue reading “Why investors shouldn’t expect LUNA-calypse amid macro-economic turbulences”

Bitcoin crashed to a weary low of $35,000 yesterday before stabilizing and moving sideways. It is a worrying time to be Bitcoin HODLers but, 2022 has been a turbulent year for them. Beginning with tightening fiscal policies, and then subdued by geopolitical headwinds, the worries are evident. But is there any hopeful news around theContinue reading “The Bitcoin conundrum: Metrics depict conflicting views for BTC”

Polygon recently commissioned a report to study the Layer 2 scaling solutions and create a framework for comparison. It uses the example of the Ethereum for studying layer-1 ecosystem challenges and throws light on ETH layer-2 scaling solutions. Notably, the Ethereum market cap increased multifold from its previous high of $125 billion to approximately $500Continue reading “Ethereum: Can this new trend become a cause of concern ahead of the ‘Merge’”

Tim Beiko, an ETH core developer, in a blog post, elaborated on the much-awaited ‘The Merge’ which is supposed to happen in late 2022. He said the transitioning of ‘Ethereum to proof-of-stake is now clearly insight.’  At last, it seems that ‘The Merge’ will finally be released as we approach the end of 2022. AfterContinue reading “Between ‘The Path to the Merge’ and ETH ‘gas fees’- Here’s the latest”

A panel of financial experts assembled by Finder provided an updated price prediction for Ethereum. The panel suggested Ethereum to end the year on a high at around $5800. This is a major bit of news for the Ethereum community for many reasons. The Ethereum community has been in distress for many months now. ThisContinue reading “Ethereum [ETH] has the fuel, but can it skyrocket by the end of 2022”

The latest Glassnode weekly report suggests a picture of a potential bear market floor. With an increasingly desperate macro situation, Bitcoin dropped to its lowest ebb since mid-February. The report is suggestive of a worrying global economic trend of strong headwinds caused by inflation and tightened monetary policies. With compounding uncertainties and risks, this weekContinue reading “As Bitcoin drops to its lowest ebb this year, are we looking at a continued bear market”

A new filing has been submitted by Matthew C. Solomon on behalf of Ripple and its defendants. The latest filing sees Ripple call out SEC’s delay tactics while opposing the latter’s request to file additional briefs on privilege assertions. The SEC vs XRP legal battle continues to gather interest with the latest developments. Ripple statedContinue reading “Here’s the latest about SEC vs Ripple for XRP investors to know”

On the latest episode of his podcast, Anthony Pompliano engaged with Russell Star, Chairman and CEO of DeFi Technologies. During the same, they spoke about the current global economic landscape and how the Feds are hindering crypto and Web3.0 growth. Russell started with a damning criticism of the Feds, talking about how they twisted theContinue reading “Is crypto now a ‘bad word’ and DeFi ‘even worse’”