After being in a consistent uptrend, Ethereum recently registered a downtrend along with several other cryptocurrencies. After hitting the lowest mark of $911 in mid-June, ETH gained strong upward momentum and even crossed $2,000. This gave hope to investors of brighter days ahead.  However, things took a U-turn on 14 August as a trend reversalContinue reading “Expect this ‘unexpected’ from Ethereum [ETH] in the weeks ahead”

Bitcoin, again, went on a steep downtrend on 18 August after seeing steady uptick following its massive decline in June. In fact, for a brief while, the king coin also managed to cross the $24,000-mark, which gave hope to investors for a further surge before moving south.  At the time of writing, BTC was tradingContinue reading “Bitcoin [BTC]: Is this really the right dip to cash in on”

The price movement of Bitcoin [BTC] has not been to the delight of its investors lately. Since a $25,000 hit on 15 August that sent investors into jubilation, BTC has now only yielded to the reds.  While it consolidated around $24,000 up until 17 August, the last two days have been worse as the BTCContinue reading “Bitcoin [BTC] traders must sit tight without expecting short-term gains because…”

Since the massive plunge in June, Ethereum [ETH], the largest altcoin in the world, gained a steady northbound movement. Over the last two months, ETH has consistently registered higher lows, suggesting bullishness as the date of the much awaited Ethereum Merge comes closer.  However, in a recent turn of events, several cryptos, including Bitcoin [BTC]Continue reading “Ethereum: Despite the Merge round-the-corner, ETH falls flat on these metrics”

Over the course of the week, the crypto market had succumbed to selling pressure. These sell-offs changed the trajectory of the market as many of the top cryptocurrency prices plunged. However, meme coin, Shiba Inu [SHIB]  may have “ignored” the ritual of following the Bitcoin [BTC] momentum.  At press time, SHIB was 4.12% up inContinue reading “Shiba Inu [SHIB] climbs >4%; flouts $200 million crypto market liquidation onslaught”

Curve Finance [CRV]‘s  current status in the DeFi may have left its investors in uncertainty. This is because the Total Value Locked [TVL] of the Decentralized Exchange (DEX) took a big hit over the last seven days. DeFi analytics platform, DeFillama noted that there has been a drop in the overall TVL worth with CRVContinue reading “Curve [CRV] investors neck-deep in confusion should examine this data because…”

Bitcoin [BTC] has taken a huge hit and dropped by 2.7% in the last 24 hours and the whole market is following the suit. Despite the doom and gloom of the overall market, Algorand [ALGO], has come up with a new update and given its investors some hope. Algorand has launched a new quantum technologyContinue reading “Algorand’s future may be bright, but where does ALGO currently stand on price charts”

Shiba Inu [SHIB] fell to number thirteen in market value according to CoinMarketCap as the meme coin price plunged. The altcoin, which has recently enjoyed moments of sustained rallies, was trading at $0.0000128 at press time. This price represented a 12.91% decrease from its 24-hour status. Before the capitulation, SHIB was largely in the greens.Continue reading “Will history repeat itself for Shiba Inu [SHIB] long-term holders”

Over the last few weeks, it has been offers—left, right, and center for ApeCoin [APE]. The native token, borne out of the blue-chip NFT collection, Bored Ape Yacht Club [BAYC] was the basis of a marketplace offer from MagicEden on 9 August. When the proposal went live, APE’s price reaction did not whip up itsContinue reading “Yet another offer but ApeCoin [APE] remains unperturbed”

Dogecoin [DOGE], the world’s leading meme coin in terms of market capitalization, gained steady upward momentum in late June after marking its 2022 low of $0.050. Now, after witnessing low volatility phase for a few weeks, DOGE’s price surged on 14 and 16 August. Thus, allowing it to outperform several other cryptocurrencies and reach $0.086. Continue reading “Dogecoin investors must consider these signs before making an exit”

The much-talked about Ethereum [ETH] Merge is around the corner, and things seem to be heating up in the mining community. The leading altcoin has adopted a more environmentally-friendly Proof-of-Stake (PoS) consensus mechanism. This has put miners in a tough spot as they will be pushed out of business post-Merge. While some miners are lookingContinue reading “The Ethereum Merge may be eco-friendly, but is it miner-friendly”

Cardano [ADA] developer Adam Dean recently took to Twitter to voice his grievances related to certain development issues that the altcoin is facing. As per his tweet dated 18 August, the developer blames a “bug” that “catastrophically” broke the Cardano network. The network version that was supposed to be “tested and ready” for the hardContinue reading “Cardano investors should know this reason behind ADA’s 14% freefall”