The past few days have been quite distressing for Bitcoin bulls. During the early hours of Tuesday, the asset’s price managed to go as low as $40.8. The aforementioned level was previously visited by the king-coin back in early-August. However, BTC did manage to pick itself up from the lows, and was trading back atContinue reading “This will be Bitcoin’s saving grace amid dwindling prices”
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With the price charts of most altcoins flashing red candles on Monday, the global crypto-market cap tumbled below the $2 trillion-threshold. In fact, the same had fallen by more than 5% in just 24 hours, at the time of writing. Right from Bitcoin and Litecoin to Cardano and Solana – almost the whole market wasContinue reading “Is it time for Ethereum to look to the moon to go to the moon”
Less-popular altcoins have had a pretty decent run over the past few days, when compared to the market’s large-cap alts. The prices of Cardano, Polkadot, and Solana have more or less dunked by 11% in the aforementioned timeframe. However, altcoins like CRV and ATOM have appreciated by 18% and 27%, respectively. So, is it worthContinue reading “What the next few days have in store for ATOM, CRV”
Owing to the Evergrande crisis, Bitcoin’s price has been see-sawing of late. Yesterday at this time, for instance, the king-coin was valued at $48.3k. However 24-hours down the line, BTC was trading at $44.4k. As such, Bitcoin has also been lagging behind on the price front when compared to its previous cycles. So, is theContinue reading “Is this slow-paced Bitcoin market cycle merely a passing cloud of apprehension”
As most of the market’s coins have sort of recovered from the 7 September crash, DOGE is one of the few “top” alts that hasn’t shown any signs of revival. In fact, DOGE’s price has shrunk by more than 11% on both, the daily and weekly time window. On TradingView’s price chart, it was ratherContinue reading “Mapping Dogecoin’s retreat, as the horizon line recedes from $1 to $0.5 to…”
Owing to the lawsuit developments, XRP and Ripple Labs have consistently been in the news over the past few months. However, the alt has been in the spotlight of late for a different reason. After several weeks of voting, the proposal to lower XRP Ledger’s reserve requirement was passed a day back. As per theContinue reading “The ‘if and when’ of XRP making it to $1.5”
The COVID-19 pandemic managed to bring the world economy on its knees. As countries are still recovering and picking up the pieces, another concern awaits them – the Evergrande Crisis. Owing to its $300 billion worth liabilities, the Evergrande Group has been in the news for quite some time now. At this point, China’s secondContinue reading “Is the Evergrande crisis pushing Bitcoin, Tether markets on the verge of chaos”
As most of the market’s coins recorded negative gains over the past week, the likes of Uniswap, Aave and SushiSwap managed to register upticks of 1.1%, 2.8% and 6.3% respectively. In fact, the collective sentiment of market participants towards DeFi tokens has been quite positive of late. As per recent data from Messari, tokens associatedContinue reading “UNI, SUSHI, AAVE: Is it time to bet on DeFi tokens again”
Post 7 September’s debacle, Bitcoin has keenly been recovering on the price charts. Within a span of two weeks, the king coin’s valuation climbed from its local $42.8k lows to $48k. Interestingly, at the time of writing, Bitcoin was the only coin that managed to project a positive weekly RoI [up 5% at the timeContinue reading “Will Bitcoin see a ‘pity bounce’ before pumping to $64,000 and higher”
Blockchain projects, for the most part, are validated by people from the community for their vision and ambition. Even though scalability, decentralization, and security remain the flag-bearers of this technology, retaining all the aforementioned core features, in conjunction, is quite challenging. Well, problems are always disguised as opportunities, aren’t they? With time, the crypto-space hasContinue reading “The Arbitrum story – Here’s the A to Z of this Ethereum scaling solution”
The on-going corrections being witnessed in the U.S. stock market has managed to fuel in fear amongst people from the crypto space too. Even though they represent completely different spectrums of the financial landscape, both the markets have historically, maintained an on-and-off relationship. Altering dynamics Interestingly, both markets have witnessed major bull and bear phasesContinue reading “The correlation between Bitcoin and S&P 500 has these implications”
Launched on the mainnet this time around last year, Avalanche has already become one of the most prominent names in the smart contract space. Along with its surge in popularity, the price of the native AVAX token has also phenomenally risen in the course of time. Consider this – On 1 August 2021, Avalanche wasContinue reading “What Avalanche investors need to know about this ‘very bullish thing’”