Terra’s fiasco continues to haunt the market as the strong selling pressure kept pushing the price of Terra Classic (LUNC) down. In fact, the Terra LUNA crypto-crash saw the coin drop by 99.9% in price. Even so, despite the aforementioned episode, the ‘old community’ has taken a different path(s) to keep the traction afloat. TheContinue reading “Identifying the odds of this Binance ‘update’ having any impact on LUNC “

Algorand, a leading layer 1 blockchain project, showcased its green credentials after it went carbon negative a few years ago. However, that’s not the only green picture here. In fact, even on the price performance front, ALGO was up by 28% over the week. In doing so, the altcoin was among the market’s top weeklyContinue reading “ALGO’s 28% weekly gains – The how and why of it all”

On 15 September, Ethereum underwent the much-anticipated Merge. The feat demonstrated the exceptional skills of the devs contributing to Ethereum’s code and vision. However, despite the hype associated with the network, the question is – Did the outcome match its set goal(s)? Opportunity costs intact The Merge involved the most significant technical update since itsContinue reading “Ethereum: Post-Merge opportunity costs have this to say about ETH”

Ethereum [ETH], the largest altcoin witnessed a major rejection near the $1,420 mark as of 22 September. ETH went down by over 20% in a week despite the Merge hype. There further remained a risk of a drop below the $1,220 support. Various narratives such as “sell the news” began surfacing soon after the MergeContinue reading “ETH’s upsetting post-Merge performance could have a lot do with this one factor”

The prices of most crypto assets saw a haunting picture over the past week. Although a few cryptocurrencies did see some social interest in them surge as traders are seemingly looking to get involved. XRP, the #6 largest token is one on the list despite the ongoing regulatory hiccups with the SEC. Could the tokenContinue reading “XRP: Can this latest achievement push the alt past the $1.38 mark”

Ethereum, the largest altcoin is down by 25% over the past seven days. Clearly, the much-hyped Merge narratives failed to work their ‘expected’ charm. Despite the fundamental change in its emission dynamics, the event resulted in a “sell the news” development in the price. Now, the question is- From institutional backlash to retail, could thingsContinue reading “Ethereum: Merge bloodshed couldn’t deter these weak macro benefits”

Fantom [FTM], an EVM-compatible smart contract blockchain platform, had created multiple headlines going into 2022. In fact, of all the L1s, Fantom has had the most dramatic activity in Q1 2022. Around 4,677 verified contracts deployed representing an increase of 42x from February 2021. But as Q2 reports came into the picture, did they reveal aContinue reading “Was Fantom [FTM]’s performance all smoke and no fire? This report suggests…”

The price of Optimism’s token has had difficulty replicating last year’s bullish move. After falling from an all-time high of $2.5, OP struggled to stay afloat, and stood at <$1, during press time. But as months progressed, OP formed good support with the price showcasing a 6% hike. Ergo, it formed an area of interestContinue reading “Optimism’s transactions, user volume have these message for traders”

The top NFT marketplace by volume, OpenSea has had a difficult start to this year. Trading volume saw a plummeting figure, rather than a concerning one. After some not-so-impressive figures in August, could September bring in fresh air for the struggling platform? Not so open anymore On 28 August, OpenSea processed $9.34 million in NFTContinue reading “OpenSea: New launches within the ‘Open’ end sea have a neutral effect this month”

Pretty much the majority of tokens plunged into a deep well in the aftermath of the Ethereum merge. The overall cryptocurrency market cap, at press time, fell to the $900 billion mark after suffering a fresh 8% correction. But there is one particle that showcased the will to multiply amidst the ongoing broader market correction.Continue reading “ATOM/ETH going up 82%, means this for the DeFi zone”

New data from intelligence firm CoinGlass showed that >$280 million worth of digital assets liquidation in the last 24 hours. Surprisingly, the star of the show- Ethereum [ETH] led the rally. This further led to the overall market experiencing increased volatility. Despite such scary scenes, there might come a small indication of relief… Injecting some fluidsContinue reading “Bitcoin: Despite spot-market bloodbath, BTC’s OI represents a ‘healthy’ picture”

Ethereum [ETH], the largest altcoin, successfully completed the historic Merge to PoS on 15 September. But what about the latest, buzziest Ethereum fork – “designed” by veteran Ethereum miner, ETH PoW? Is it dead yet or still breathing deep within the crypto ocean? Life without YOU Well, despite taking a huge blow, ETHPoW—the ETH network’sContinue reading “ETHW drops 67% in a day and ETHPoW’s servers have everything to do with it”