Ethereum has occupied the center stage of the crypto market since Merge talks came to the fore. After years of speculation, users will finally get a chance to witness Ethereum’s transition to Proof-of-Stake (PoS) consensus mechanism. And, the benefits that come along with it. Interestingly, the Merge is expected to have a profound effect onContinue reading “Ethereum: What could be the impact of Merge on ETH trading”
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Solana [SOL] has emerged as one of the biggest losers from the 19 August bloodbath in the crypto market. The famed Ethereum [ETH] killer has now lost the highest value among top 10 cryptocurrencies per Coin Market Cap. The SOL token is currently down 21.6% over the past week as the market showed a sharpContinue reading “Solana: Assessing the odds of SOL surviving the latest crypto bloodbath”
The Ethereum [ETH] All-Core Developer meeting concluded late on 18 August as they prepare for the upcoming Merge. Several important matters were discussed including the consequences of sanctions imposed on Tornado Cash. The developers also discussed problems that have shown up since the testnet merge for the Ethereum PoS transition. Reporter Christine Kim and EthereumContinue reading “ETH All-Core Developer meeting calms sell-off fears as Merge news shows confidence”
The downfall of the NFT market in recent weeks has been well-documented. Some market sceptics have even gone on to say we are currently in the midst of a “likely first NFT bear market”. One blockchain expert claims that NFT floors are likely to fall as a result of Bend DAO liquidation. He further saysContinue reading “This is why speculations about the NFT bear cycle may have some weightage”
The infamous crypto legal battle continues to drag on after both the SEC and Ripple legal teams filed new motions. Both parties submitted their own redactions as opposed to Exclusion Motions as of 19 August. This comes after last week’s beating on the part of the SEC. The SEC was ordered by the court toContinue reading “SEC v Ripple: Assessing the ground of these redactions on the XRP lawsuit”
The total crypto scam revenue year-to-date currently stands at $1.6 billion as recorded by a recent Chainalysis report. This purports a near 65% decline from the previous year’s period which appears to be linked to falling cryptocurrency prices. This is also reflected in the transaction volume across cryptocurrencies. As things stand, crypto crime appears toContinue reading “Statistics in this crypto crime report might give you goosebumps”
The highest ranked meme coin, Dogecoin [DOGE], is expected to attempt a resurgence after the rise of Shiba Inu [SHIB] recently. As it has been widely covered, Shiba Inu has been gaining value rapidly in the past week. This has ascertained pressure on the rival Dogecoin as the dog-themed tokens lock horn in the cryptoContinue reading “What are the reasons behind Dogecoin’s [DOGE] 23% jump”
Ava Labs has been extremely occupied as of now after a recent activity spike on Avalanche. Reportedly, Avalanche’s daily gas use reached an all-time high (ATH). The amount of gas used by the Avalanche network can be considered as a purport for high activity levels. Furthermore, the spike in gas fee usage also signifies aContinue reading “Avalanche’s new milestone and what it could mean for investors”
Bitcoin [BTC] continues to surprise investors with new movements every day as the coin has been hovering near the $25K mark. The most interesting movement seen in BTC is the drawdown in the coin’s circulation lately. According to data from Santiment, the king coin followed a healthy circulation rate from October 2021 running into JuneContinue reading “Bearish BTC circulation divergence and everything to know this week”
The SEC is back to its tactics after the latest ruling by Judge Netburn. The American regulators have filed their objections to Magistrate Judge Netburn’s order compelling them to submit the Hinman speech material. The ruling came as a devastating shock to them as the speech material has been of significant importance since the beginningContinue reading “Ripple lawsuit: SEC submits this brief about disclosing Hinman’s speech”
Bitcoin has been experiencing a change in holding maturity among owners in recent months. This is further reflected in a significant transfer of wealth with long-term holders capitulating their holdings. A subsequent accumulation has taken place which puts Bitcoin in the hand of low-cost basis owners. A tale about Bitcoin Following the Luna collapse inContinue reading “Bitcoin: What you should learn from BTC’s new ownership trends”
BNB token is beginning to lose attention in the market after another lacklustre week. The Binance governance token has seen swings in the past which have lost their pace recently. The token subsided with bullish activity as top crypto assets gathered strength in numbers from the market recovery. But a late sell-off on 15 AugustContinue reading “BNB lost pace but reached an interesting milestone this week”