Cardano [ADA] one of the most developed crypto networks reached two important milestones ahead of the much-awaited (delayed) hard fork. The Vasil upgrade would deliver a “massive” performance improvement, at least that’s what the community predicted. Milestones unlocked  ADA holders/communities saw sustained development ahead of the impending upgrade. The eighth largest token, despite the previous setback(s), witnessedContinue reading “Cardano achieves these two key milestones prior to hard fork”

Ethereum‘s much-anticipated Merge could help ETH reach new places on the price chart. But not just alone, ETH has another passenger- Lido DAO, which could be a star performer in the near future. It remains one of the strongest assets in the market after a 280%+ rally in recent weeks. Ride or Die  LDO priceContinue reading “Analyzing what triggered LDO’s TVL surge by >$1B within 2 weeks”

The circulating supply of Tether [USDT] and USD Coin [USDC] has seen a dramatic decrease since May 2022. In the July edition of its Global Cryptocurrencies and Digital Assets report, the Bank of America concluded that the recent rise in crypto outflows from exchanges and a rise in stablecoin net inflows hint at a ‘bullish’Continue reading “USDT and USDC accumulation surge can point towards a…”

Polygon network continues to see impressive growth within its ecosystem. Just a day ago, the Polygon contract address released 13.87% of the total supply to the foundation contract address. Following the significant development, the native token experienced key movements. Up or down?  Following the network, token unlock, mass awakening of MATIC addresses was observed onContinue reading “Polygon can see volatile price move in near term- here’s why”

Bear markets come and go, but investors’ love for SHIB remains forever. Well, that’s exactly the case here as we see Shiba Inu’s yet another bond with dominant buyers. Slowly and Steady  The #15th ranked cryptocurrency saw a fresh 3% surge at press time as it traded at $0.00001. Even the total market capitalization roseContinue reading “Is Shiba Inu ETH whales’ favorite? Price action could be key”

Binance Coin [BNB] broke above the downtrend line on 28 July, indicating a potential trend change. In fact, at press time, BNB held a 7.5% ($6.86 billion) share of the entire market’s TVL. On DeFilama, just in the last 30 days, TVL on the BNB Chain grew by 14%. But given the events, one mightContinue reading “BNB Chain’s Q2 report card has ‘recovery’ differences”

Imagine experiencing a robbery without knowing the culprit. Yes, quite an unfortunate scenario. Now, multiply this robbery by a multi-million dollar, think about the situation then. No wonder, you will be petrified. Well, this is the emerging case coming from the crypto world. Knock knock, who’s there?  On 3 August, the Solana network encountered aContinue reading “Solana suffers >8% as ongoing attack drains over 8k+ wallets”

Bitcoin, the largest cryptocurrency has rallied strongly off the bottom, reaching above the $23k mark. So does this imply the beginning of the bull market? Well, Glassnode in its latest weekly ‘On Chain’ report on 1 August shed some insight on this narrative. The report assessed if the current market momentum was a vote toContinue reading “Bitcoin: Evaluating if investors are seeing a bear market rally”

The digital asset sporting project Chiliz saw one of the most vital developments since its inception. The launch of the Scoville testnet for Chiliz Chain 2.0 helped to boost the outlook of the flagship token (CHZ). Since then, the network has performed significantly well and has attained partnerships with renowned clubs and sporting agencies. SoContinue reading “Red-hot Chiliz [CHZ] displays a green menu, thanks to…”

The cryptocurrency market continues to showcase important vital signs of life amid a raging storm. In fact, the ending week of July saw inflow into digital asset investment products at an optimal number. Everyone is welcome Digital asset investment products saw inflows totaling $81 million last week, signifying the fifth consecutive week of inflows totalingContinue reading “BTC, SOL, ETH as main-cast to July’s strongest report card movie”

The battle of the two aces, Bitcoin and Ethereum have waged for years. Although, the battleground might differ. Within the spot market, BTC continues to remain at the number one spot. However, recently, ETH has overtaken the king coin in the options market battleground. Choosing my arena Ether [ETH] overtook industry leader BTC in theContinue reading “Ethereum options (OI) saw 32% more value than BTC- Here’s why”

Bitcoin miners did see some relief as miners’ balance hit a four-year high on Glassnode. Well, for starters, the recovery across the BTC market could have aided the same. However, can August bring in more relief given the past relationship between miners and the crypto? Mending the past Miner capitulation remains a key indicator toContinue reading “Bitcoin: Does miner capitulation finally have an end date in place”