With Bitcoin up by 37% since 1 October, 2021, BTC’s trajectory in Q4 looked rather promising. For over 10 days BTC’s candles on the daily chart closed in green. As the asset traded at $56.5K the market’s expectations from the coin rose too. However, as the top coin saw this kind of price growth, itContinue reading “These factors can bring about a paradigm shift for Bitcoin”
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For the most part of this month, XRP has been trading above $1, and as the alt valued $1.17 after weekly gains close to 13%, its daily fall of 2.5% at the time of writing, was almost worrying. Now, while XRP’s growth seemed decent, the sixth-ranked alt’s long-term price trajectory relative to the larger marketContinue reading “This historic trend could take XRP past $1.5, provided…”
As Bitcoin soared by over 16% in the last week, with its market cap holding at a solid $1.04 trillion it truly seemed like the Bitcoin season had kicked in. However, alongside modest BTC gains, certain altcoins started looking rather bland. What’s more, some of the top outperforming coins from last month also seemed toContinue reading “Cardano, Solana, Algorand’s trajectories could be governed by this market trend”
With “Uptober” truly being a Bitcoin month so far, most of the top altcoins either consolidated or rode on the larger market-driven gains. Bitcoin noted close to 15% gains while was up by just 5% whereas top alts like Cardano and Solana saw losses. Polkadot, the 8th ranked alt, however, seemed to have gained someContinue reading “Polkadot at a crossroads; will it take the all time high-way”
As the last quarter kicked off, the crypto market recovered from the September losses with the total market capitalization of the space hitting a handsome $2.32 trillion at the time of writing. The DeFi space seemed to be blooming too, with the Total Value Locked this week surging by 14%, surpassing the $160 billion markContinue reading “Besides decent network growth how are Avalanche, Curve faring price-wise”
On the back of strong Bitcoin gains, the state of the broader crypto-market has been satisfactory, to say the least. However, diminishing returns offered by some of the top altcoins including Cardano, Solana, Avalanche, and MATIC have triggered a sense of uncertainty for these altcoins. Nonetheless, there were subtle signs in price structures and theContinue reading “With these aspects falling in place, MATIC could well be on its way to a breakout”
With Bitcoin stealing most of the market attention, the top altcoin, Ethereum has been out of the larger picture since Q4 took off. On the price front, BTC’s growth has raised the market’s anticipation while Ethereum has taken an underdog approach with its developmental side looking rather vibrant. Demand for Ethereum makes a comeback AfterContinue reading “Ethereum’s ‘vibrant development’ can push prices in the near future”
With Bitcoin’s price comfortably sitting above $50K for over five days now, its market monopoly seemed to have returned. Noting high weekly gains above 15%, the king coin has been outperforming all the coins in the top ten list by market cap for the last one week. Following this price breakout, Bitcoin’s dominance climbed toContinue reading “Here’s how growing institutional appetite is cranking up Bitcoin’s dominance”
The third quarter of the year was both exciting and nerve-wracking for most in the crypto-community. And, while both Bitcoin and Ethereum saw positive quarters, the big winners were actually newer protocols. In fact, a significant surge in smart contract platforms outpacing the larger market was noticeable with the rise of projects such as Solana,Continue reading “Solana’s growth has been more than organic, but here’s a word of caution”
With Bitcoin leading the market gains showing close to 16.90% weekly price rise, the rest of the market has stayed rather calm. While on the back of Bitcoin gains, the market seems to be witnessing a steady upward movement, most alts have failed to surprise the market. Chainlink, the 15th ranked alt by market cap,Continue reading “Chainlink has high upside potential, but are there true entry points”
Bitcoin picked up the pace faster than the market expected. As the top coin surged by over 10% on 6 October, its holders rejoiced at the bullish momentum. However, BTC’s price action has been rather restricted over the last two days. As expected, this has spurred a degree of market skepticism yet again. Even so,Continue reading “Bitcoin: Assessing whether fears of a drop below $50K are justified”
XRP has been trading above $1 for over five days now, with the crypto valued at $1.06 after weekly gains of 13% at press time. Now, while the growth seems decent, XRP’s trajectory relative to the larger market may be seen as slow. Notably, Bitcoin was up by 25% on the weekly while ETH notedContinue reading “Assessing if and how bullish XRP really is”