A quick Bitcoin bull run sent the top coin up by 25.60% in a week, initiating a market-wide euphoria. One week into the last quarter of 2021 and BTC was already trading close to $55K, briefly oscillating above the level on 6 October, 2021. With Bitcoin dominance on the rise for the past couple ofContinue reading “Bitcoin to $65k, yes, but should traders look out for something”
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Bitcoin’s move to $55.3k filled the market with euphoria, partially overshadowing Ethereum’s 5% gains in two days. While the top altcoin made slower moves inching north, the anticipation of a slow and steady rally strengthened across the market. Ethereum, at press time, was trading at $3,540 with daily gains of 1.23% against BTC’s gains ofContinue reading “Ethereum: A 7000% hike by 2022 IF history repeats itself”
A couple of years ago, the idea of a new volcanic geothermal Bitcoin mining facility would make a good science fiction plot. As this dream becomes reality after the announcement by El Salvador, the world’s first country to legalize Bitcoin as legal tender, one can only imagine its growth trajectory. Bitcoin mining has been aContinue reading “Quicker than IT services, but Bitcoin mining’s growth could have these implications”
After a month packed with high gains, higher dips, and a lot of market euphoria, a number of coins witnessed perplexing trajectories leaving participants dazed and confused. However, one thing was certain- the crypto market’s maturation and the strength of mid-cap alts to surprised everybody. While coins like Cardano, Solana, Terra, and AVAX made newContinue reading “With prices around $2, and high returns, all Algorand, MATIC need is… “
Towards the end of last month, as the market saw considerable shake-off and most altcoins shed their past gains, the winner of the month appeared to be the decentralized finance (DeFi) sector. Uniswap gained more than 40% in the last week of September while dYdX made new ATHs. FUDs fueling Defi? A Chainalysis report notedContinue reading “Do Uniswap, Dydx need the impetus of another ‘macro-event’”
Bitcoin made a grand entry in the fourth quarter retesting the $48K mark as “Uptober” began. As the top coin gained around 18% in less than a week the crypto-market sent out a strong-trend signal. While the gains paved way for improving on-chain metrics, the broader market saw re-gained momentum. At the time of writing,Continue reading “Bitcoin: Are the quick gains a ‘dead cat bounce’ or a path to $100,000”
The last couple of months have seen the market fall to the lowest and then race up to a local top. Amidst this turbulent ride, some coins made headlines with their new ATHs and independent trajectories while others tempted the market with high gains. Cardano, Solana, Terra, Avalanche, and Tezos were among the few thatContinue reading “Making new all-time-highs, can Tezos compete with Ethereum’s Defi dominance”
Digital assets including Bitcoin are a fairly new economical concept and every investment vehicle in the early stages of its inception has been subjected to scrutiny. Bitcoin’s story has been no different and its price implications have been notable for the top coin as well as the larger space. Recently, however, as Federal Reserve Chairman,Continue reading “How this development impacts investment outlook for Bitcoin, other cryptocurrencies”
After a dry September, as the market opened on a high note in Q4, most of the top altcoins gained momentum on the back of Bitcoin‘s gains. However, Cardano which has been surprising the market participants over the last quarter with its independent trajectory and new price all-time highs seemed to take a slower recoveryContinue reading “These signs indicate that Cardano can make a strong come-back “
With the market starting on a high note as October began it really did seem like bulls woke up as September ended. Bitcoin and Ethereum both noted close to 13% gains in just one and a half days as the market cap surged by over 10%. While most of the top altcoins rallied on thisContinue reading “Signs of a possible breakout mean this for Polkadot”
Towards the beginning of this year, Solana traded close to $2, and as SOL noted more than 10,000% rise by the third quarter, Solana’s initial gains seemed to be just a kickstarter. Solana’s journey from an under $2 asset to now the seventh-ranked asset by market cap has been rather impressive, to say the least,Continue reading “These may be the ‘pre-bull run signs’ of another Solana rally”
Over the last couple of months, layer-two protocols have seen impressive growth in terms of participation and higher network activity. However, amidst the larger market drama, the tug-of-war between L1 and L2 solutions has also gotten tighter. Ethereum, at the time of writing, was oscillating above $3,200, noting daily gains of over 5%. On theContinue reading “MATIC may have flipped Ethereum on this front, but what next”