Crypto-scams seem to have penetrated the industry to promote a few individual cryptos. Likewise, high-profile social media accounts have also fallen victim to unethical activities by hackers to promote crypto-scams. This could include both Bitcoin, as well as altcoins to achieve their agenda. The present episode, in many ways, is no different either. Spare noContinue reading “Garlinghouse, XRP giveaway, and PwC – The latest on the scam that had it all”

Lido Finance [LDO]  the market leader for Ethereum liquid staking (with over 80% of the market share) is creating headlines. Now, one of the biggest “shareholders” of Ethereum has seen a strong price increase in the last 24 hours. So what really triggered this rally, and can it sustain the gains? A bull run inContinue reading “Post 74% fall, Lido Finance [LDO] sees close to $7B in TVL, thanks to…”

Bitcoin [BTC], the largest cryptocurrency’s struggle continues to see new days and nights in the crypto market. While investors feared losing their savings to the price correction, BTC miners may have taken another route to deal with this fall. Hardships  Bitcoin registered the worst performance in August since 2015 after the monthly candle closed downContinue reading “Bitcoin’s hashrate, mining difficulty have these updates for you”

Web 3.0, or so-called the next version of the internet enabled the emergence of the web through its value. True right? Well, a majority would agree although many have questioned the sheer aspect of Web3 tokens besides Web3 games capturing value. Questioning your motive(s) A data-focused venture capital firm released a report in July showing that Web3-developerContinue reading “Web3 tokens’ utility report can help you make better investment decisions”

The buzz around the Ethereum Name Service (ENS) has witnessed ups and downs within the crypto community in 2022. April-May saw a surge in the demand for 3- and 4-digit ENS domain names. But can August reciprocate the same narrative? Cementing my name The popularity and buzz around ENS domains witnessed all kinds of tractionContinue reading “Slow and steady ENS, could it win the August-end race”

Ethereum [ETH], the largest altcoin remains hyped due to the upcoming upgrades in September. Despite that, traders have had a hard time trusting ETH with their life savings as falling funding rates continued. But for how long? Could one see a price uptick amidst the sea waves of fear across the network? Extreme sightings EthereumContinue reading “Ethereum may drop to $1k for the first time in two months if…”

Ethereum Layer 2 solutions have witnessed a massive gain in traction and utility in 2021-22. TVL across L2 platforms went up by 130% (in ETH terms) since the beginning of this year. But two main platforms stood at the very front of this L2 leg race- Arbitrum and Optimism. However, there might be a concernContinue reading “Are Arbitrum+Optimism stats pointing at beginning of L2 season”

Ethereum, the largest altcoin is scheduled to welcome the much-anticipated Merge this September. This event would happen in two phases. The Bellatrix upgrade on Ethereum’s proof-of-stake (PoS) Beacon chain, followed by the Paris upgrade. But there’s something that investors/clients should know beforehand. Checklist Ethereum founder Vitalik Buterin alerted node operators to upgrade their clients inContinue reading “Ethereum investors need to know this before Merge takes place”

Cardano, the eighth largest cryptocurrency, prior to the much-anticipated Vasil hardfork, has laid out three critical indicators. Consequently, Cardano’s native token ADA witnessed some significant traction on the price chart. Progress update report IOHK (Input Output Hong Kong), the company behind the development of the Cardano network, shared some important status updates. The ecosystem completedContinue reading “Cardano [ADA] can see a 20% rally following a short squeeze if…”

Binance’s native token has struggled to maintain an upward trajectory in 2022. On 29 August, BNB declined sharply below $288 and tested the $275 support zone on CoinMarketCap. Bears have taken control of the price action, but can the ecosystem stay alert regardless of distraction? Patience is key BNB underwent quite a journey from beingContinue reading “Binance Coin: Decoding if BNB would cross $300 mark this week”

The layer-2 scaling solution Synthetix undertook some important developments this month. Often described as a “blue chip” DeFi project, Synthetix was one of the first projects to launch on the Ethereum network. And, now the platform showed its true colors given the received response from users. Credit goes to this factor According to Kain Warwick,Continue reading “Synthetix’s trading volume surges by >700% thanks to…”

Ethereum [ETH] witnessed a major decline below the $1,600 zone against the U.S. dollar. ETH even declined below $1,500 at press time on CoinMarketCap. Now any recovery of more than $1.5k could face hurdles but again, surpassing the line remains a possibility. Rising amidst a storm The largest altcoin, at the time of writing, tradedContinue reading “Will Ethereum’s potential short-squeeze help ETH escape $1.5k trap”