The market cap tussle for the third spot has already commenced. Yesterday, Binance Coin took over Cardano on CMC’s ranking chart. The flip was momentary and ADA ended up re-claiming its spot right next to Ethereum. Even so, the market cap difference was only around $600 million at the time of writing, indicating that theContinue reading “What Binance Coin is actually worth, despite a lukewarm short-term performance”

After trading in the lower $40k bracket throughout the last week of September, Bitcoin’s price received the push that it was waiting for, on the first of this month. The king-coin’s price rallied from $43.2k to $48.4k. In effect, altcoins followed suit and the global crypto market cap broke above the $2.1 trillion mark onContinue reading “What will it take for Bitcoin to cross $77000 by the end of October”

Right from Arbitrum to Optimism, a host of scaling solutions have been launched over the past few months and, yet, there’s no full stop. Individual networks have been able to reap benefits from the launches, OMG being the latest one to do so. OMG is a non-custodial L2-scaling platform that makes use of optimistic rollupsContinue reading “After witnessing a 390% rally, OMG needs this to keep up its performance”

The TVL or the total-value-locked is a technical metric that has been used as a primary yardstick to measure the performance of DeFi lending platforms. Simply put, it measures the cumulative amount of assets that are staked on a particular protocol. The conventional argument advocates that the higher the value locked up in a particularContinue reading “Aave, Maker, Compound: This is the right way to gauge their value”

Just as the month flipped from ‘Shocktember’ to ‘Uptober,’ the crypto-market sent out a strong-trend signal. Red got scrubbed off from most charts, the state of on-chain metrics started improving, and the broader market saw momentum re-enter. 1 October was quite an eventful day, with Bitcoin’s price inclining from $43.28k to $48.49k. This mighty jumpContinue reading “Bitcoin has these traders’ expectations to live up to in October”

During every bullish/bearish phase, at least a handful of cryptos manage to defy the broader market trend. Something similar has been seen of late too. Despite the humdrum state of the market, a few not-so-prominent altcoins have been carrying on with their respective rallies. COTI has been one such alt, with its price rallying massivelyContinue reading “Can COTI be in the same league as Cardano or XRP”

The state of the broader crypto-market hasn’t been winsome lately. The diminishing returns offered by top coins including Bitcoin, Ethereum, and Cardano have triggered a drop in the global crypto-market cap too. In effect, the state of the on-chain metrics for most of these cryptos has started withering already. However, Polygon’s tale has been slightlyContinue reading “Polygon’s struggles on the on-chain front could mean this for MATIC”

September, along with Q3, is on the verge of concluding. Over the past week, the crypto-market’s coins have projected contradicting trends on their charts too. While the market has evolved over the years, transitionary phases are still wobbly and indecisive, however. Cardano, the market’s third-largest cryptocurrency, has inevitably become a victim of the broader market’sContinue reading “These are the odds of Cardano hitting its floor price of $1.6 soon”

Monthly transitions usually correspond to a state of indecisiveness in the market. While Bitcoin, Ethereum, and other top coins are still trying to establish a clear-cut trend, a couple of cryptos have already embarked on their respective rallies. Fantom’s price, for instance, had appreciated by over 17% on the weekly charts, at press time, despiteContinue reading “The A to Z of Fantom’s corrections after a strong weekly showing”

Owing to China’s latest crackdown announcement, the entire crypto-market has been on a slippery slope over the last few days. The negative price reactions on the charts were almost inevitable. However, four days down the line, the situation seems to have cooled off somewhat. In fact, most coins are now desperately trying to get backContinue reading “The revival of Ethereum’s price will depend on these ‘buying nets’”

Bitcoin’s price has been swinging up and down over the past week. On 27 September, the king coin did note a few signs of recovery. The excitement, however, didn’t last for long. After peaking at $44.3k, the daily candle closed at $42.1k. In fact, BTC’s price was revolving around the same threshold at press timeContinue reading “Bitcoin: If you’re an investor, should consecutive red candles bother you”

The broader crypto-market has been witnessing a relief rally of late. Despite some corrections at press time, the prices of most top coins seemed to be getting back on track on the charts. Amidst the broader market drama, the battle between L1 and L2 solutions has also been intensifying. In effect, the price tug ofContinue reading “Here’s where Ethereum stands amidst the growing L1, L2 competition”