Shiba Inu, the market’s second largest meme-coin, has had a fairly rough start in December. It the 24-hour window, for instance, this coin has shed more than 3% of its value. Now, despite the dwindling price and the downtrend on its charts, SHIB managed to achieve a remarkable feat of late. Just a week back, theContinue reading “How will HODLers collectively expecting a rally pan out for Shiba Inu”
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1INCH has seen its own share of ups over the past few weeks. During the initial half of October, this coin rallied from under $2 to $4.5. It briefly consolidated after that for a week and then registered a mammoth green candle on its chart on 27 October. That very day 1INCH was briefly seenContinue reading “Assessing 1INCH’s prospects for growth over December”
MATIC has quite smoothly rallied over the past 40-odd hours. On 1 December, this alt’s opening price reflected a value of $1.7. By the end of the day, it, however, managed to cross the $2 threshold. On 2 December, the alt started trading around the same $2 mark but went on to breach $2.2 quiteContinue reading “As these factors nudge MATIC toward greener pastures, $2.7 looks imminent”
People from the crypto-space have evidently been intrigued by the nuances associated with the metaverse. Despite the fanfare, a few from the community believe that the whole meta-notion seems to be blown out of proportion; it would eventually fade away with time. Well, the downtrend of tokens associated with meta protocols has only managed toContinue reading “DeFi v. Metaverse: UNI, dYdX may capitalize on MANA, SAND, GALA slowing down”
The traditional financial landscape has slowly been attuning itself to the crypto-verse. Large-cap crypto coins like Bitcoin and Ethereum have presented themselves as viable investment options amongst institutional investors. However, with the crypto market maturing, a host of other coins including the likes of ADA, SOL, DOT, and LTC have managed to sneak their wayContinue reading “Everything you need to know about Solana and how soon it will breach $300”
The broader crypto market was at an indecisive juncture until recently. A few coins traded in red, while the rest resorted to flashing consecutive red candles on their cards. Nonetheless, at the time of writing, a clear-cut uptrend seemed to be slowly establishing itself. After witnessing a 1.5% rise over the past day, the globalContinue reading “Is it really worth placing long bets on Cardano over the next 24-hours”
Inflationary concerns have been getting graver with every passing day. At this stage, a few nations have acknowledged it as a real problem, while the rest, continue to bury it under the blanket of neglect. Other than depending on assets that act like hedges, there’s hardly any way to protect one’s savings from inflation’s grip.Continue reading “As inflation concerns intensify, this can put Bitcoin back in driver’s seat”
No great mind has ever existed without a touch of madness. Anonymity is the new fame, they say. Nothing ignites curiosity like a pseudonymous luminary with a secret identity. It’s a blessing in disguise. More so, because it helps people feel safe and protected under its veil. History is full of examples of people whoContinue reading “WBTC, WETH, and the question of relevance over time”
The crypto-verse has seen the launch of several new projects over the past few years. While a few have successfully managed to stay afloat, adapting to the changing dynamics and maintaining their relevance, the rest have merely perished with time. Skepticism associated with new technological trends is not new. For instance, NFTs were perceived asContinue reading “Ethereum Name Service: The A to Z of the .eth frenzy”
Ever since 2018, Chainlink has shared quite a good bond with Bitcoin. Whenever the king coin pumped, so did LINK. Similarly, whenever BTC lost value, LINK followed in its footsteps. Over the long term, having a strong correlation with Bitcoin is undeniably healthy. But, in the short term, especially during periods of downtrends, this factorContinue reading “The how, when, why of Chainlink hitching a ride with Bitcoin, to get to $40 “
The metaverse, or the hyptonized digital iteration of the universe in which we live, is the latest hype that has engulfed the crypto space. With Facebook being one of the latest high profile platforms to jump onto the bandwagon, many consider the metaverse to be the successor of the social-media era. In the metaverse, usersContinue reading “Metaverse tokens like Decentraland’s MANA may just be the golden ticket to future”
Altcoins have largely been outperforming Bitcoin of late. In just the past week alone, top coins like ETH, BNB, AVAX and MATIC have fetched their investors with 10%, 16%, 17% and 22% returns respectively. Bitcoin, on the other hand, found it quite challenging to deliver 3% in the same timeframe. King versus the rest AlongContinue reading “Bitcoin’s sluggish phase a blessing in disguise, altseason led by Ethereum in the cards”