Chiliz [CHZ], recently, witnessed a rise in price movements and activity. With a 27.20% increase over the past week, CHZ is now worth more than it was a week ago. Furthermore, over 60% of the tokens are held by whales. A look at ownership percentage Coinmarketcap data indicates that the trading volume for the tokenContinue reading “CHZ jumps 27% in the last seven days as whales now prefer green ‘Chiliz’”

Solana [SOL] wasn’t at its best last week as it registered a more than 8% decline in its value. Though the current bearish market condition was a factor that led to this result, there were several metrics that also played a role in this recent decline. At the time of writing, SOL was trading atContinue reading “Solana: Will SOL enter Q4 in the green light? These reasons may convince you…”

After mulling over a critical proposal for almost ten days, the Helium community has concluded a landmark vote to approve Helium Improvement Plan 70 or HIP 70. Closer look at the proposal HIP 70 has been in the pipeline for months and the proposed changes will help the Helium Network in a significant manner. TheContinue reading “Decoding why Helium community approved migration to Solana”

Shiba Inu has once again topped the list of whale’s interest. This interest may have been prompted by Shiba Inu’s efforts to build on the metaverse. However, Shiba Inu hasn’t been able to perform well in the NFT and DeFi market.  Can whales really help SHIB? In a recent tweet, WhaleStats stated that the topContinue reading “Can Shiba Inu [SHIB] keep calm despite declining DeFi, NFT volume”

Jamie Dimon, the man at the helm of United States’ largest bank J.P Morgan Chase, made some rather controversial statements at 21 September’s congressional hearing called “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” The United States House Committee on Financial Services heard the testimonies of CEOs of U.S. top banks including CharlesContinue reading “Crypto is a ‘decentralized Ponzi scheme’- This CEO has bitter stance”

Much to the disappointment of expectations from some angles, a price uptick did not accompany the Ethereum [ETH] Merge. In some corners, the ETH NFT market should have at least brought a positive effect. However, this has not been the case since the altcoin king switched to Proof-of-Stake (PoS). According to CryptoSlam, Ethereum NFTs wereContinue reading “Assessing how Ethereum NFTs are coping post-Merge”

In a Twitter post, on 21 September, Input Output Hong Kong(IOHK) confirmed that Cardano is ready for the upgrade. According to the Cardano team, the upgrade is currently active due to the simultaneous achievement of all three “critical mass indications.”  According to the tweet, 13 cryptocurrency exchanges, or more than 87% of Cardano’s (ADA) liquidity,Continue reading “What Cardano [ADA] holders can expect after Vasil upgrade”

Bitcoin [BTC]’s performance has been sluggish lately as the king coin failed to register upticks during the past few weeks. BTC’s seven-day chart was painted red as its value decreased by more than 7%. Recently, BTC’s price touched a three-month low, which was followed by a spike in BTC’s hourly negative sentiment spike. This stoodContinue reading “Bitcoin [BTC] investors looking for relief might get some after reading this”

Sam Bankman-Fried’s Bahamian crypto exchange FTX is reportedly out to raise funds again, this time looking for investors to pump in as much as $1 billion in order to maintain its current valuation which is roughly $32 billion. This is an ambitious plan, given the current crypto bear market, but the billionaire CEO of FTXContinue reading “FTX is looking to raise another $1B and the reason is surprising”

Whales have been showing a lot of interest in Chainlink for the last few days. The interest seems to have been garnered due to an uptick in Chainlink’s social dominance. Now, the question is- will increasing interest from the whales be enough to revive Chainlink’s declining market cap? WhaleStats, an account that is dedicated toContinue reading “Chainlink: Here’s where whales could take LINK next”

A piece of proposed legislation in the House of Representatives would put a two-year moratorium on creating algorithmic stablecoins. According to Bloomberg’s latest version of the legislation, it would be illegal to create or issue new “endogenously collateralized stablecoins.”  With the cat out of the bag, how are the two infamous stablecoins holding up? Let’sContinue reading “LUNA, LUNC investors may experience some distress due to this update”

Stellar Lumens [XLM] hit the highest price point in the last thirty-days, thanks to a push from bulls. Based on reports from CoinMarketCap, XLM reached $0.1188  on 20 September as there was a remarkable increase in its volume. Before the recent rally, the last time XLM was worth something close to that value was onContinue reading “XLM’s ‘Stellar’ performance: Unraveling the why, how, and what’s to come”