SHIB’s burning mechanism continues to see new heights, and  at the time even reaching rates in the four-digit mark. Different aspects ranging from buying sprees given the discounted prices to the latest upgrades in its ecosystem aided the token’s growth. But is there any difference this time around? Burn…Burn…Burn Shiba Inu, the meme crypto, witnessedContinue reading “SHIB burn rate spikes ~3000%, but is there room for any further growth in price”

Ripple [XRP], since entangled with the SEC, barely managed to receive any support in the form of cryptocurrency-related projects. Although, post the grant of the Amicus Curiae status to XRP holders represented by attorney John Deaton, narratives might have taken a turn. Now even chambers withholding different secrets want to be part of this action-packedContinue reading “SEC vs. Ripple: This leading trade organization may alter the lawsuit for good”

Ethereum’s [ETH] transition to Proof-of-Stake (PoS) consensus has been the most-talked-about topic in the crypto industry. The craze around Merge can be compared to that of the craze around Bitcoin’s [BTC] whitepaper release. Amidst the hype, speculations, and narratives around ETH, it is important to consider one aspect- Are participating clients or partners ready forContinue reading “Ethereum: Here’s everything you might not know about Merge”

‘How tables have turned’ is one of the most common phrases used in this ‘niche’ yet the emerging world of cryptocurrencies. USD Circle [USDC] witnessed the wrath of a dying utility after showcasing its will to rise to the #1 spot. So what went wrong for this stablecoin? Circle of life Circle’s stablecoin once rose toContinue reading “Analyzing USDC’s falling utility post the Tornado Cash fiasco”

Negative market sentiment for Ethereum [ETH] and Bitcoin [BTC] caused derivative funding rates to remain negative. While both prices suffered a major setback, short traders followed the selling ritual. Now, could this provide an opportunity for the patient (long) traders following a “potential” squeeze? Deep wounds  The funding rates for BTC and ETH have remainedContinue reading “Can short-squeeze narrative for Ethereum, Bitcoin actually deliver results”

Can BNB’s market finally return to the midterm bullish trend given significant developments around the ecosystem? Its recent upgrades have incorporated security aspects to strengthen their wall and stand firm against hacks. Even so, it’s worth pondering – Are there any cracks within these built walls? Brick-by-brick Binance Coin (BNB) was in the bullish zone,Continue reading “Identifying the significance of >100K BAB-minted Binance accounts”

XRP seems to have entered the bullish zone after its breakout from the $0.337-level on the chart. At the time of writing, XRP was trading above the $0.355-level on the back of a 0.5% hike in 24 hours. Needless to say, this lends credence to one important question – Can XRP sustain its gains? SketchingContinue reading “Hike in XRP’s marketcap dominance has holders, whales feeling like…”

How to get-over your shady past? Well, incorporate a model (2.0 version/iteration) by learning from past mistakes. That exactly what Terra’s Phoenix blockchain token LUNA did as it recorded a >200% hike. But at what cost? Building from scratch LUNA – the cryptocurrency behind the Terra ecosystem witnessed some unprecedented hikes as we speak. At pressContinue reading “LUNA surges 3x, market cap jumps 200%; is this another Terra pump-and-dump?”

Bitcoin [BTC]‘s ever-dominating rise in the spot market (market cap) has left all rivals behind by a margin. Ethereum [ETH], the closest rival still has miles and miles to go before it could catch up with the king coin. However, what would happen if we change the battleground to the futures (market) instead? Here’s howContinue reading “ETH vs. BTC: A change of scenario in the futures market has left BTC at #2”

Bitcoin [BTC], the largest cryptocurrency rose past its fears as it traded above the $21k mark. Needless to say, the surge injected a much-needed relief to BTC holders be it traders or long-term investors. However, could the king coin sustain the gains or too much optimism could be dangerous? Profit vs Loss- Which side areContinue reading “Around 50% BTC holders see gains BUT (over) optimism can be dangerous”

Binance Coin [BNB] has witnessed significant updates ranging from the stablecoin fiasco to maintaining its top five spots despite FUDs. Whatever the case, Binance enthusiasts and token holders backed the token without any hesitation. Could the latest development see the same picture? Whatever it takes to stand In the last 24 hours, BNB registered moreContinue reading “Binance Coin [BNB] registers >1 billion in volume in just 24 hours — thanks to…”

Cardano [ADA], the eight largest token, continues to release its progress reports to maintain certainty within their holders. Especially seeing holders suffer huge losses on their portfolios. In recent news, the community released the latest version the Daedalus wallet with several important fixes. De-bugging for a good cause Cardano builder Input Output released the latestContinue reading “Cardano’s latest version of the Daedalus wallet has ADA aiming for new highs “