Bitcoin began its first full week of the new year near the old $50K range where the king coin has spent most part of the last month. Post the early December flash crash that brought the larger market on its knees, BTC had established the $54.5K mark as support. However, after the December lows priceContinue reading “On Bitcoin Genesis Day, here are the crucial BTC price levels to watch”

Bitcoin’s entry in the new year is a much-anticipated event and has often left the market surprised. This time, however, the top asset made no major moves. The short-term bearish trajectory persisted and the hopes of a blasting entry in 2022 were met with disappointment. With Bitcoin still at the $47,188 mark, making the firstContinue reading “Bitcoin: Can the first green candle of 2022 reverse recent losses”

This isn’t the first time this is happening. With the market’s top assets consolidating, the market has turned its sight to altcoins offering higher returns. Revain, for instance, at the time of writing, had hiked by 55% in a single day. On the contrary, Bitcoin and Ethereum were up merely 0.18% and 0.53%, respectively.  TradingContinue reading “Here’s why this altcoin’s >50% single-day hike isn’t the whole story”

New year, a new quarter, and a clean slate to paint some fresh price action. That is what investors and traders expect from the larger market. Well, a new day in 2022 didn’t bring drastic change to the price trajectory of most altcoins and even the king coin. However, some altcoins like AAVE looked strongerContinue reading “AAVE has big plans, developments for 2022; Enough for new ATH?”

As top assets like Bitcoin and Ethereum looked relatively shaky, the larger market eyed altcoins for the much-needed gains. SushiSwap and Oasis Network’s ROSE, at the time of writing, presented the highest weekly gains of the top 100 cryptocurrencies as per data from CoinMarketCap. However, ROSE’s rise for over ten days has attracted many eyeballsContinue reading “Amid uncertainty, can Oasis Network’s developments push ROSE toward bright possibilities”

The king coin’s six-day recovery of around 10% during the festive season, was met with over 8% losses over the last three days. As Bitcoin traded at $46,750 at the time of writing, a high year-end close seemed like a distant dream. Nonetheless, looking back at this volatile year for BTC, some things seem toContinue reading “A recap of 2021 tells us this about Bitcoin’s price trajectory “

With Bitcoin’s price falling to as low as $47,450, losing over 8% in the last three days the anticipation of a New Year rally seemed to wither away. A move under the $50,000 support triggered selling which was followed by another price pullback under the $48,000 support where Bitcoin traded at the time of writing. Continue reading “With a Bitcoin leverage squeeze in play, the price could be headed this way”

Bitcoin’s move above the $50K mark seemed to favor a lot of altcoin rallies. However, with the bullish winds fading away as BTC slipped under $48K, the global crypto market cap saw a 5.29% decrease over the last day and sat at $2.21 trillion at press time. Nonetheless, altcoins like Sushiswap, Oasis Network, Near Protocol,Continue reading “Fantom rally continues but here’s why an ATH may have to wait “

Bitcoin’s most recent consolidation around the $50K mark gave way to the rise of altcoins as the larger market noted gains. The highest market gainers, however, over the last week, were DeFi tokens like AAVE, CRV, SUSHI, and CAKE, which saw double-digit weekly gains.  While most of the coins’ rally seemed to be weakening withContinue reading “Recent gains may finally boost Aave’s dominance in the DeFi space”

SushiSwap, after facing a price fall of over 65%, over the last month and a half, has finally seen an uptrend. The protocol has barely managed to secure its spot as the 14th biggest DeFi protocol by the skin of its teeth. Its Total Value Locked (TVL) slipped from the all-time high of $7 billionContinue reading “A recovery rally in play for Sushiswap, as these factors prove favorable to its growth”

The last quarter of the year 2021 has overall, been relatively bullish. With coins like Solana, Terra (LUNA), and MATIC presenting independently driven price actions, the rise of layer-1 protocols has been remarkable. In fact, at the time of writing, with the larger market looking good, MATIC making new ATHs was further fueling the narrative. Continue reading “With MATIC in price discovery, will Layer 1 tokens lead the race in 2022”

Bitcoin has been playing it safe, close to the $50K mark for the last five days as the larger market’s trajectory looked largely bullish, as the new year approaches. After three short-term recoveries, BTC’s trajectory finally managed to make higher highs with the price safely above the $50K mark.  Nonetheless, with low retail euphoria andContinue reading “With Bitcoin playing safe close to $50,000, is it going to be a bull trap or a bull run”