Chainlink, a popular oracle network, has been seeing a lot of interest from whales lately. According to WhaleStates, LINK has overtaken WETH to become the most traded asset for the top 500 ETH whales. The network has been down by 62.90% since April. Fortunately, the whale interest isn’t the only thing going for the token,Continue reading “Is Chainlink starting to ‘unlink’ from the rest of the bear market”
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Solana [SOL] seemed to have fought its way out of its recent slump. While it dubbed itself the “fastest blockchain in the world,” its speed since 26 August was only towards an uncontrollable price plunge. Interestingly, the SOL current trend looks like “we’re back up” as the coin grasped a 7.89% uptick according to CoinMarketCapContinue reading “Solana [SOL] resurrects >7% but there’s more than meets the eye”
According to a new report, by the MBLM agency, Cardano has outperformed multiple cryptocurrencies when it comes to brand intimacy. Well, brand intimacy is defined by how a company has connected with its users and customers emotionally. Interestingly, Cardano ranked number one in the cryptocurrency niche. And, number 26 overall when compared to other non-cryptoContinue reading “Cardano traders should celebrate as ADA ranks over BTC, SOL in…”
Over the past few years, Ripple has partnered with different banking and financial institutions across the globe to offer its crypto-powered financial services. This, in order to enable better payment systems. Well, the most recent is the launch of XRP-powered payments in Brazil. Though Ripple is pushing hard to increase its global adoption, XRP’s priceContinue reading “Ripple’s global adoption rises, but what’s in store for XRP holders”
With the onset of the bear market, many short sellers have been trying to make a quick buck and are looking for a coin or a token to bet against. While betting against ETH and ADA may not be the best idea because of the upcoming Merge and hardforks, Polkadot does seem like the rightContinue reading “Polkadot [DOT]: Is it the right time for swing traders to go short”
Bitcoin’s performance has been sluggish of late, thanks to the recent market decline. Last week’s performance of Bitcoin didn’t seem promising as the chart was mostly red. At the time of writing, Bitcoin registered a negative 6.92% 7-day growth. And, it was trading below the $2,000 mark at $19,849.07. The dark days for Bitcoin doContinue reading “Another Bitcoin drop awaits? Here’s what analysts are saying”
Singapore is planning to introduce new regulations that will tighten the trade of cryptocurrencies by retail investors, according to one of the country’s leading regulatory officials. The step is being taken to safeguard the interest of investors, given the fact that they remain “irrationally oblivious” about the risks associated with the market. Ravi Menon, ManagingContinue reading “Singapore mulls tightening rules around crypto-trading by retail investors”
Emin Gün Sirer, Founder and CEO of Ava Labs, the company behind Avalanche (AVAX), has shared his take on a sensational report recently published by CryptoLeaks. Sirer tweeted today that allegations of conspiring against rivals, allegations levelled by CryptoLeaks are “ridiculous,” calling it “conspiracy theory nonsense.” In fact, COO and Co-Founder Kevin Sekniqi also respondedContinue reading “Ava Labs’ Gün Sirer hits out at CryptoLeaks’ ‘conspiracy theory nonsense’”
Litecoin [LTC] also referred to as the ‘silver’ to Bitcoin’s ‘gold’, registered a plunge in price over the last week along with several other cryptos. However, the point that sets Litcoin apart from others is that it also showed better signs of recovery in the last 24-hour period as its performance increased by more thanContinue reading “Litecoin outperformed Bitcoin, but not in a way you think”
In what is the latest market update, LINK’s circulation supply has hiked from 470,099,970 to 491,599,970. This news has fueled quite a few speculations among many in the crypto-community, with some perceiving this to be a bearish sign. However, there is more to this development than meets the eye. One of the reasons cited forContinue reading “LINK’s supply and all you need to know about its latest update”
Bitcoin recorded a sluggish performance this week, with the crypto’s 7-day chart mostly painted in red. The aforementioned depreciation ignited several speculations in the market regarding what is to come next. As always, the crypto-community’s opinions are diverse. While some believe a trend reversal might happen in the coming days, several reports suggest otherwise. AtContinue reading “Bitcoin [BTC] investors should read this before making investing decisions”
DOT, which is currently the world’s 11th largest crypto in terms of market cap, registered a sluggish performance last week. In fact, it fell by negative 5% over the last 7 days. At press time, DOT was trading at $7.06 with a market capitalization of $7,829,624,527. However, DOT developers recently pushed an update to theContinue reading “Polkadot [DOT]: Will a new update translate into a new price uptick”