Monero has revealed plans for an important tail emission upgrade aimed at network improvement. The upgrade highlights some key considerations including measures that will prevent inflated fees while also boosting security. The announcement which was made through Twitter revealed that the upgrade will be rolled out in block 2,641623. The tail emission will introduce aContinue reading “Monero [XMR]: Will tail emission upgrade benefit investors in short term”

There is a cloud of uncertainty currently looming over Bitcoin especially ahead of Wednesday’s critical announcements.  The charts may not provide any clarity over what to expect but a look at on-chain activity may offer some insights as to how Bitcoin might behave in the next few days. Metrics that can give insights into whatContinue reading “Decoding what Bitcoin ETF data signifies for the flagship token’s future”

MATIC delivered a heavily bearish performance in April but it looks like the bears are running out of momentum. Although the selling pressure seems to be tapering out, the price demonstrated some sideways action in the first three days of May due to a lack of strong buying pressure. MATIC has been hovering within theContinue reading “Decoding why MATIC is yet to deliver a strong bounce back”

Solana has finally released a report outlining the recent outage on 30 April and the steps that it is taking to strengthen its network. The report clarifies that the network disruption was not due to an external attack. If you are familiar with Solana’s history, then you know that the network has so far experiencedContinue reading “Solana: This report on latest outage could be a relief to SOL investors”

Bitcoin and altcoins just concluded a bearish month in April and are currently waiting on the next catalyst. Although the markets are due for some bullish correction, investors remain cautious especially with the upcoming Federal Open Market Committee (FOMC) conference. Bitcoin and most of the top altcoins have been experiencing significant sideways action in theContinue reading “How today’s FOMC conference can affect your Bitcoin and altcoin holdings”

Thorchain’s native cryptocurrency RUNE is off to a healthy start this month given that it is already up by roughly 10% in the first two days of May. A refreshing change from RUNE’s heavily bearish performance in April. RUNE’s price action has been quite volatile in the last few months. For example, it delivered aContinue reading “RUNE: Can no-liquidation loans fuel recovery after April’s beat up”

DOT delivered a healthy 6.5% uptick on 1 May after concluding a bearish month in April, which ended with an extended downside. The uptick might be a sign that DOT is ready to deliver a healthy recovery rally. However, its current performance suggests that it is still being held back by the prevailing uncertainty. DOTContinue reading “Polkadot [DOT] yields some upside after a bearish run: Here’s what to look out for”

Cardano’s native cryptocurrency ADA extended its bearish performance for another week after breaking through its support line. However, the cryptocurrency is now showing signs of a potential trend reversal that might pave way for a bullish uptick. ADA traded at $0.78 at the time of writing, which is roughly 36% below its $1.24 peak inContinue reading “Cardano [ADA]: As April ends on a bearish note, what does May have in store”

AVAX just concluded another bearish week during which it extended its downside to 47% from its April high. It peaked at $103 on 2 April after a healthy pump from mid-March, before concluding the bearish monthly performance in April at $55.05. April turned out to be an overall bearish month for most of the topContinue reading “Avalanche: What does May have in store for AVAX as April ends heavily in the red”

A bot designed to track on-chain XRP transfers observed multiple large transactions in the last 24 hours. This includes the two major transactions of 500,000,000 XRP each. The bot registered multiple transactions within the last 24 hours. The regular range seems to be between 5 million to 40 million coins, hence 2 transactions carrying 1Continue reading “With over a billion XRP tokens transferred, are whales getting jittery”

One week has passed since ATOM broke through its support line, in favor of more downside. It has since then dipped by roughly 13% from the $13 price level to its new bottom range at $20. ATOM achieved its current 2022 low on Tuesday and it happens to be the cryptocurrency’s lowest price since SeptemberContinue reading “Cosmos: As ATOM bears begin to tire out, here’s where you can go long”

April has so far been a rough month for Axie Infinity following a major exploit through which digital assets worth $600 million were stolen. The malicious hack has undoubtedly had a negative impact on AXS’ bearish price action. AXS has severely sold off from its latest local top on 2 April. It dipped from aContinue reading “Axie Infinity: Still reeling from the $600M hack, here’s what is in store for AXS”