Uniswap is making huge waves in the crypto market. The volume on Uniswap has shown a massive growth in the previous week. Notably, in August 2021, the network volume crossed $9.62 billion but this week it totaled at $8.62 billion. That’s down only 7% while overall crypto m-cap was down 49% compared to this timeContinue reading “Uniswap [UNI] reaches new record as short-term relief continues”

Intense speculation has been circulating in the NFT community about falling NFT prices. The views have been echoed vastly by many blockchain experts on social media regarding the “first NFT bear market.” But lately, the blue-chip NFT collections are staging a comeback in the market. Consider this- the Bored Ape Yacht Club is showing strongContinue reading “BAYC’s social engagement can guide NFT holders- Here’s how”

It looks like a season of change for Bitcoin after news came out about changing ownership patterns. Crypto reporter Colin Wu reported on major BTC liquidations in the past few days. According to his update, a previously dormant address for over nine years has liquidated an entire balance of 5,001.51 BTC. The transfer took placeContinue reading “Bitcoin ownership, miner reserve have a tale you have never heard of”

As we close in on the Merge, Ethereum is facing a crucial junction on its course. The Merge preparations are doing very well on the network as the ETH 2.0 deposit contracts continue to register new all-time highs (ATHs). Meanwhile, stablecoin activity on Ethereum has been increasing according to a recent tweet by analytic firmContinue reading “Ethereum reaches crucial point as Merge bells continue to ring”

Decentralized Exchanges are continuing to tumble in the crypto industry with the general market downturn. Moreover, DEXes in the Solana ecosystem are also feeling pressure for the past three months. According to Solana Daily, the traffic of DEX projects has decreased “almost steadily” on Solana. In hindsight, this drop has coincided with the general depletingContinue reading “DEXes fall short on Solana again as market u-turn continues”

It is no secret that the crypto market was taken aback after the 19 August sell-off. Market skeptics continue to warn about the dire conditions in the macro scenario. Among the losers of the sell-off are the prized meme tokens: Shiba Inu and Dogecoin. Both the tokens were enjoying their respective bullish activity until theContinue reading “Shiba Inu vs. Dogecoin: Battle of meme coins has been won by…”

Ethereum layer 2 solution, Arbitrum is looking to rediscover its lost mojo in the crypto market. The roll-up solution is about to undergo a major Nitro upgrade which is scheduled for next week. But Arbitrum is already seeing a huge uptick in daily transactions as it crossed 180,000 again this week. As covered earlier, ArbitrumContinue reading “Arbitrum, its growing network activity, and everything latest to know”

The rampage continues for Ethereum as the alt faltered in the market on 28 August. Investors are elated to see that the Merge is finally happening after a series of delays over the past year. But Ethereum is facing a torrid time in the market with trader expectations taking a massive hit at least untilContinue reading “Ethereum faces another mountain to climb, at least until Merge”

Polygon has come out of the wallows to emerge as a winner in the crypto-market today. As the Fed-induced meltdown calmed down, MATIC’s price saw some relief on the price charts. In fact, according to CoinMarketCap, MATIC was trading at $0.80 following a 3.64% hike in the last 24 hours. This has effectively reduced MATIC’sContinue reading “Polygon: How far can development activity and other updates take MATIC”

With Bitcoin losing its $20k support level on the charts, eyebrows are finally starting to be raised. The market upturn that we saw in July has been diminished to downtrends in the Bitcoin community. The same can also be seen when looking at Bitcoin’s long-standing correlation with the equities market. Ergo, the question – WhatContinue reading “Another blank for Bitcoin [BTC] this week means this may be next”

Avalanche [AVAX] has reached another milestone recently despite the drawdown from Jerome Powell. Ava Labs executive Patrick Sutton confirmed that Avalanche has reached an all-time high in monthly transactions. In his tweet, Sutton confirmed that Avalanche completed 32.7 million transactions in August with seven days to spare. A day later, the transactions had ramped upContinue reading “Can Avalanche reaching ATH in monthly transactions do some good for ailing AVAX”

The Cardano [ADA] rollercoaster this week has reached another high on 27 August after the latest update on Vasil adoption. According to Pool Tool, 69% of Cardano’s staking pool operator nodes have adopted the latest v1.35.3. However, the community is still waiting for at least 6% more to kickstart Vasil implementation. Interestingly, the week gotContinue reading “Attention Cardano investors! Relief squad ADA is not too far away”