The first week of November for Bitcoin was nowhere close to October’s first week gains of over 25%. While BTC is well above $65k now, the sideways movement that succeeded its last ATH left market participants skeptical of the king coin’s trajectory. While there seemed to be no particular reason for the recent consolidation, thereContinue reading “Bitcoin could hike, despite its correlation with DXY playing spoilsport”
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With most of the top 20 altcoins seeing decent gains and some even a new all-time highs over the last month, the 19th ranked coin Polygon’s MATIC seemed to be having a rather dull season. In fact, MATIC’s gains over the last months looked pretty market-oriented. At press time as MATIC oscillated close to $1.88Continue reading “MATIC could touch its ATH if these factors play out in its favor”
The rise of blockchain gaming and the Metaverse have quietly pumped not just Metaverse tokens, but the larger narrative too. In fact, the same was highlighted in a previous article as well. While the growing popularity of blockchain gaming tokens is noteworthy, Axie Infinity’s gains make other tokens’ rise look less so. However, over theContinue reading “Ethereum-powered Ronin could be Axie Infinity’s next hope for gains”
This year has been an example of Bitcoin’s hypersensitivity to the larger market and macro trends. The larger sentiment, macro factors have also aided BTC’s rally and helped the larger market flourish. Take the NFT buzz for instance which helped many tokens soar and reach new all-time highs. In fact, more recently the gaming andContinue reading “Are blockchain gaming, ‘meta-mania’ quietly pumping Bitcoin”
Bitcoin has been comfortably resting above the $61,500-mark, with the larger market rejoicing at the crypto’s uptrend over the past few weeks. However, this wasn’t a moment to rejoice for one section of traders who saw their profits dwindle. Notably, in spite of the bullish momentum, the Kimchi Premium or the Korea Premium Index hasContinue reading “How a new Bitcoin ATH might be triggered by the Kimchi Premium”
The crypto-verse is not new to overnight pumps that send coins to the moon. Over the last one week Metaverse tokens have enjoyed rather hyped rallies and quite a bit of social media attention, as social media giant Facebook announced its ‘Meta’ rebrand. As the Meta mania took over, MANA led the race of gains,Continue reading “Metaverse mania: AXS, MANA, ENJ, SAND show no signs of stopping”
After the Bitcoin ETF approval, a general heightened interest in Bitcoin investments had been noted. While BTC’s new ATH alongside the positive headlines that the king coin garnered have already strengthened the narrative for the top coin, for the past couple of weeks Bitcoin’s momentum had been rather sideways. However, Bitcoin mining stocks have seemedContinue reading “Bitcoin mining stocks can reap high profits amid larger consolidation”
For a long time, Bitcoin’s price was attempting a move above the key $62,500 resistance level. However, BTC failed to gather strength as the larger price structure since 21 October moved sideways. At the time of writing, however, on the back of some recovery, the aforementioned levels had been breached, with BTC at $62,900. Now,Continue reading “Bitcoin: November might see 40% gains, but what next in the near term”
Binance, the world’s largest cryptocurrency exchange by volume, seems to be flourishing and the same became evident as Binance Smart Chain (BSC) surpassed 1.5 billion cumulative number of transactions. As the network achieved this milestone in a mere 14 months, Binance Coin too amid the renewed attention seemed to soar in terms of price. AsContinue reading “This missing ingredient could push Binance Coin to a new ATH”
After three months of sustained rally with occasional speed breakers, Polkadot made an ATH of $51.59 ahead of its first parachain auctions getting approved. The parachain auctions had been in development throughout the year. The euphoria surrounding their 4 November launch seemed to be the main driving force behind the altcoin’s rally to a newContinue reading “Finally making an ATH, Polkadot must now cross these milestones on its way to $80”
MANA-mania swept the crypto-verse off of its feet after the token charted some unexpected gains on the back of Facebook’s ‘Meta’ rebrand. Decentraland, a decentralized 3-D virtual reality platform supported by the Ethereum blockchain, saw its native token MANA soar to an all-time high of $4.11 on 31 October. With the crypto surging by 164%Continue reading “Facebook’s ‘Meta’ rebrand and how it can affect MANA & other alts”
October, without a doubt, was a time that shall be remembered for years to come, simply because of the monumental changes that took place in the crypto-verse at large, in terms of adoption and rise. While the protagonist over the last one month seemed to be the king coin, Ethereum’s ATH also came close, justContinue reading “Historical data spells out what November may have in store for Ethereum”