Between 29 July and 30 July, XRP rallied from $0.36 to $0.40, reaching a thirty-day high. Around the same period, XRP flipped BUSD to become the sixth largest cryptocurrency in market value. As per CoinMarketCap, the status is still the same.  However, the initial rally has reversed as XRP traded at 0.37 at press time.Continue reading “Can XRP traders opt for a long bet on the back of possible…”

Since 2016, over 44 million contracts have been deployed on Ethereum [ETH]. Interestingly, the number has been on the rise.  Users might have imagined that all smart contracts would have contributed to exchange interactions and Decentralized Applications (DApps) management. However, it has been a little different from the public’s perspective. The details According to anContinue reading “Ethereum: Going long on ETH? You are duty-bound to read this”

After a series of back and forth over the years, the U.S. Securities and Exchange (SEC) only wants to put Ripple down. This was the opinion of Ripple’s legal counsel and the team at large. Recently, Ripple’s legal representatives sent a letter to the Judge in charge of the case, Sarah Netburn. In the letter,Continue reading “Reasons why Ripple wants to halt SEC’s new objectives”

Solana was the victim of a $6 million heist that cleared out over 8,000 wallets in the early hours of 3 August. The exploit happened the day after the cross-chain bridge, Nomad, was lost to another hack to the tune of $190 million. However, there has been an update to the Solana hack after someContinue reading “Exploring ‘Slope’ factor in Solana exploit with Nomad update”

THORChain [RUNE], Lido Finance [LDO], and Synthetix [SNX] were the top performers on 3 August as the DeFi ecosystem steered the crypto market back to greens.  While others also recovered, the revival of these DeFi tokens was superior. On 3 August, RUNE was 11.51% up. LDO posted 13.46% gains while SNX registered an unprecedented 13.14%Continue reading “The DeFi saga of RUNE, LDO, SNX leave investors in awe”

Polygon [MATIC] registered tremendous gains throughout July across the crypto market. Between the start of the month and its end, MATIC made over 80% in profits. It recorded an uptick from $0.46 to $0.97 within thirty days, as per CoinMarketCap. Interestingly, the Polygon ecosystem did not just hold all the good parts for its token.Continue reading “Polygon recorded unprecedented growth in July- Decoding ‘why’”

Bitcoin [BTC] recorded the most profits in July, making 17% for its investors. The crypto king registered a six-week high in the same month when it hit $24,500. The last time BTC performed this exceptionally was in October 2021. Beyond these records, BTC hit another incredible milestone. According to Glassnode, the number of addresses withContinue reading “Assessing if Bitcoin [BTC] will be a good ‘August visitor’”

Former Ethereum executive and Cardano [ADA] founder, Charles Hoskinson, recently broke his silence on the Vasil hard fork upgrade. Recall that Hoskinson had not made any public comment on this issue since Cardano confirmed there would be a delay.  In a video which he named “Some Brief Comments on Vasil,” released via his Twitter page,Continue reading “Cardano’s founder finally breaks silence as ADA goes mooning”

While Polkadot [DOT] ended July strongly, the start of August was on the opposite side. On the last day of the previous month, DOT increased from $8.2 and went as high as $9.11—driving good profits for its short-term investors.  However, DOT has reversed to a downward trajectory since 1 August and has lost around 9.64%Continue reading “Polkadot: Is the tempo right for DOT traders to go long”

After being a victim of capitulation in May, The Graph [GRT] has continued to struggle. It all started with a hefty price fall from $0.34 to $0.12 between 5 May and 12 May.  Despite a good recovery for many cryptocurrencies to surge above May levels, GRT did not concur to another three-month high. In June,Continue reading “The Graph [GRT] short-term investors can expect this in Q3 2022”

It’s said that the ability to upgrade is important. All hail Ethereum as the network awaits the ‘Gray Glacier’ upgrade. In the coming days, the upgrade will be introduced to the mainnet. It is built to further delay the Ice Age (Difficulty Bomb) by roughly 100 days. The Ethereum network will be undergoing the upgradeContinue reading “Ethereum: Will ‘Gray Glacier’ upgrade affect your ETH holdings”

The broader market is reeling under significant sell pressure. However, MATIC’s bulls have successfully been able to bring impressive demand to its network. On 23 June, MATIC, out of all the top 20 coins, registered the most gains over the last 24 hours. It saw a spike of 24.33% while its seven-day valuation rose byContinue reading “Decoding the how and why of MATIC’s unprecedented hike”