The market capitalization of Shiba Inu (SHIB) surpassed that of Dogecoin recently. The Ethereum-based token, SHIB, entered the market as a “Dogecoin killer.” This race of the dogs has been a rather interesting one to watch. However, the most relevant question here is this – Will another new dog in town – Floki Inu –Continue reading “Can FLOKI, the new dog in town, be the new DOGE, SHIB-killer”
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Uptober was indeed a month packed with high gains and higher market euphoria. With Bitcoin hitting a new ATH, expectations from altcoins too seemed to be rising. However, most altcoins presented perplexing trajectories, leaving participants dazed and confused. Nonetheless, with BTC gaining momentum again, one thing is certain – Altcoins too may be set toContinue reading “What to expect from $1 alts like ALGO, MATIC, and XLM in light of Bitcoin’s rally”
Gavid Wood’s indication that the DOT treasury has 18.9 million tokens (amounting to $826.497 million at press time) ready to be spent on the development of the ecosystem, invited heightened anticipation for Polkadot. For close to three months now, Polkadot has had a sustained rally with occasional speed breakers but an all-in-all-good run. As BTCContinue reading “Polkadot’s rally in the near-term is subject to these factors”
After a smashing move to make a new ATH at $67000, Bitcoin’s price took a much-needed breather as it has retraced by almost 10% in the following two days. At the time of writing, however, BTC traded at a decent $62,744 and saw above 3% daily gains. As the gains renewed the market’s anticipation fromContinue reading “These aspects can impact Bitcoin’s short-term price movement”
It has been quite a week for the collective crypto market, with Bitcoin making a new all-time high. However, some altcoins seemed to be in a rather dormant position, and one of them was Binance Coin. For the past couple of days, BNB more or less consolidated, and failed to make any new moves onContinue reading “Will Binance Coin enter supply shock, akin to Ethereum post EIP-1559”
October 20 finally marked the much-awaited Bitcoin all-time high, as BTC blasted to $67K. Market-wide euphoria and FOMO, however, sent Bitcoin price into a kind of consolidation stage. Investors locked in profits following the non-stop over 50% price run that the top coin saw since the beginning of this month. Last week, the BTC weeklyContinue reading “Looking into Bitcoin’s organic growth, as it lies low after recent euphoria”
Every dog has its day, but Shiba Inu, a coin which initially seemed to be numbered days in the market, was at the 12th rank by market cap. Shiba Inu was up 49% over the last 24 hours, while the rest of the crypto market looked mostly flat. As the asset flipped the DeFi leaderContinue reading “With Shiba Inu soaring right now, how likely is it to emerge a ‘DOGE-killer’”
Chainlink’s price has oscillated close to the $26-mark all through October. The altcoin recorded its all-time high of $52.6 in May and a multi-month high of $36.3 on 6 September. Since then, the crypto has lost over 20% of its value, making range-bound moves from $23 to $27. In fact, in effect, people from theContinue reading “Can Chainlink’s price breakout change the prevailing narrative”
With Bitcoin gaining momentum as it closed in on its ATH, several altcoins seemed to shy away from gains. On the contrary, Polkadot recorded a rally of almost 15% in less than three days. The same came on the heels of the parachain auction launch announcement by Founder Gavin Wood. Now, a previous article hadContinue reading “What Cardano, Polkadot’s opposing price actions mean going forward”
Bitcoin officially became legal tender in El Salvador on September 7, this year making it the first country to adopt the currency. While the move pushed Bitcoin and the larger crypto market’s narrative in terms of mass adoption it also unleashed a wave of speculations in El Salvador from the opposition as well as theContinue reading “How developments in El Salvador impact Bitcoin’s path to an ATH”
The announcement of the $1 billion growth fund was a clear catalyst for the rise of Binance Coin’s price, but after close to a 15% rise, BNB’s charts started reeking of stagnation. Nonetheless, the third-largest altcoin by market cap had 13% weekly gains at the time of writing while BTC’s were 11.61% so relatively BinanceContinue reading “Its correlation to Bitcoin apart, Binance Coin has this working to its advantage”
The last month was a month of all-over growth for the crypto-verse with altcoins coming up with ecosystem upgrades and Bitcoin making its way up pumping the larger market. In fact, over the last month, the Stellar Network saw commendable growth as the network made announcements of several partnerships with central banks and institutions worldwideContinue reading “Can Stellar replicate this Bitcoin trend and rally to $3”