The broader crypto-market remained soaked in red, until yesterday. However, things managed to flip around a few hours back after Ethereum waved its magic wand. At the time of writing, the market looked quite lively, with 96 out of the top 100 cryptos trading in the green. The ‘alt season’ is back The altcoin seasonContinue reading “It makes sense to have this alt if you have Ethereum in your portfolio”

Over the past day, along with other altcoins, LRC too spiked on its price chart. Now, even though it inched by more than 10% on the daily window, it shouldn’t be forgotten that the alt lost almost the same value in the weekly window. Time to expect a setback? LRC’s recent rally has been quiteContinue reading “Post a 1000% surge, Loopring is headed in this direction”

Shattering records has sort of become routine for Fantom at this point. As highlighted recently, this alt has appreciated by more than 7000% since the beginning of this year. Unlike the astronomical surges of other coins, FTM’s surge has largely been organic and supported by fundamentals. The TVL locked on this DeFi platform has grownContinue reading “The ‘right time’ for Fantom’s next rally is just round the corner”

Until recently, ALGO was one of the few coins not adhering to the broader market trend. It did record a couple of local highs lately and it seemed like it would continue its northbound journey. Interestingly, a day back, ALGO witnessed an overnight spike of more than 75% in just a matter of 15 minutes.Continue reading “These factors will determine ALGO’s rise on the charts”

Less than two weeks back, the global crypto market had crossed the $3 trillion mark in capitalization. Owing to the recent ruckus, the aforementioned level, however, couldn’t sustain for long. After noting a 6% dip in just the past 24-hours, the market cap reflected a value of $2.47 trillion, at the time of this analysis.Continue reading “Will ‘moon-magic’ power Ethereum’s flight past $4.5k in the days to come”

The last two months of 2020 saw DeFi tokens perform extremely well. AAVE appreciated by over 200%, while tokens like YFI and UNI rose by 140%. In the same period, the likes of MKR and COMP registered upticks upto 70% each. In effect, the last leg of 2020’s DeFi summer ended on quite a highContinue reading “MANA, SAND, ENJ, ALICE: Do these gaming tokens still have steam left to rally further”

The past few months have been quite mundane for Uniswap. This DeFi token last witnessed a proper rally back in July-August. Over that period, notably, its price surged by more than 120% on the charts. However, that didn’t last long. Since its honeymoon phase passed, UNI has either fallen on the charts or traded horizontallyContinue reading “A look into what’s holding back Uniswap’s long-overdue rally”

A month ago, when XRP’s price remained stagnant around the $1-mark, people from the space had started equating the crypto to a stablecoin. Post that episode, however, XRP registered a 42% spike on its chart over a 15-day period between 27 October and 10 November. Micro-trends seldom remain consistent in the crypto-space. Keeping up withContinue reading “Whales might be key to XRP’s intended breach of $1.5”

LUNA was the talk of the town in early November after it managed to breach the $50-mark and hit a new ATH. However, just like other altcoins, even LUNA couldn’t shield itself from the broader bearish sentiment. Since 14 November, the crypto has shed more than 20% of its value. At the time of writing,Continue reading “Can LUNA ‘burn’ its way to greater highs in the long term”

A host of preposterous price trends have been observed in the crypto-space this year. Consider the following instances – DOGE pumped and dumped post a particular SNL episode in May. Bitcoin lost value when a prominent EV and clean energy company announced that it would stop accepting the crypto as a payment method owing toContinue reading “StarLink – The A to Z of the latest market pump ‘instigated’ by Musk”

Hovering around local bottoms, defying that trend, visiting pre-set records, hitting new highs, and then consolidating – That is how the past fortnight has been for Bitcoin. This was the case for a host of major altcoins like Ethereum, Avalanche, and Loopring too. Even their prices have been swinging up and down, without taking aContinue reading “‘Increasing buying power’ and how it will be key to Bitcoin’s recovery”

Centralized and decentralized exchanges have been competing with each other on almost all fronts over the last few years. So far, CEXs have been able to cater to the masses with their non-complicated interfaces. However, DEXs have been able to retain users by providing them passive yields, while also being more transparent and secure. InContinue reading “Did DEXs just make a strong comeback in their battle with CEXs”