Bitcoin marched into the third month of Q3 on a high. Following a correction of over 40% in Q2, many in the community now anticipate the king coin will soon breach its previous ATH. Such expectations were emboldened after BTC oscillated just above the $50,000-level at press time after two weeks of steady consolidation. What’sContinue reading “These are the signs of what’s next for ‘calm’ Bitcoin markets”
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Most altcoins have recovered well over the past few weeks on the back of Bitcoin’s push above $50k. Litecoin, the cryptocurrency ranked 16th by market cap, also appreciated on the charts, noting gains of 38% gains in August alone. While there has been a strong historical correlation between Litecoin’s price trajectory and the king coin’sContinue reading “Three reasons why Litecoin may be ready for a breakout soon”
The market had many surprising moments over the last month, with altcoins such as Cardano, Solana taking center stage and recording new ATHs. Towards the end of the month, Ethereum too picked up momentum, with the alt noting weekly gains of 21.82% at press time. Now, it perhaps won’t be wrong to say that EthereumContinue reading “Is Solana’s parallel growth with Ethereum too good to last”
Bitcoin has been tempting the market with a big move for over a month now. After briefly oscillating above the $50k mark, the asset lost ground with a 1.53% daily price drop at press time. After a bullish few days, Bitcoin is once again unsure of its position around the aforementioned price level. Amid suchContinue reading “This Bitcoin metric might dictate whether a local top is coming soon”
The month of August saw digital assets make a solid comeback after almost three months of consolidation and dips. In fact, Bitcoin and Ethereum were the real winners, in spite of the S&P 500 and Nasdaq Composite closing out the month at all-time highs. ‘BTC and ETH v. stocks’ is an old and endless debate,Continue reading “What you should know about this ‘risky’ Bitcoin element”
The market’s top two cryptos have been moving independently of late. While Bitcoin’s path saw a lot of consolidation, Ethereum has been going up on the charts over the past week. As both Bitcoin and Ethereum holders looked reluctant to sell-off at a crucial time amid anticipation of a price rise, on-chain metrics offered anContinue reading “Bitcoin and Ethereum: Is there a supply squeeze in the making”
The nonfungible token (NFT) space has been a rather popular, pop-culture driven part of the crypto verse, and undoubtedly a hot topic for the last couple of weeks. NFT sales in August had already hit a record high of around $900 million, at the time of writing. That is more than triple the previous highest recordedContinue reading “Why NFTs can’t substitute Bitcoin and Ethereum on your portfolio”
The Bitcoin v. Ethereum debate is as old as these cryptocurrencies themselves. Now, while fanatics from both sides argue the superiority of one asset over another, it’s undeniable that Bitcoin’s throne remains untouched. However, it is also undeniable that with an improving ecosystem, constant updates, and institutional support, Ethereum is inching closer too. The monthContinue reading “Ethereum may be inching ahead of Bitcoin in this race”
With Bitcoin and Ethereum consolidating, most didn’t expect the market’s alts to rally. Solana, however, emerged as one of the exceptions, with the crypto catching traders off-guard lately with its rallies. In fact, such was the scale of its rally that Solana surpassed Polkadot and Uniswap as the industry’s 8th largest crypto by market cap. Continue reading “Solana’s run to overtake Polkadot, Uniswap can be credited to this “
High anticipation, some major consolidation, and many speculations about a bounce above $50k for Bitcoin have left the market hungry for some upward price action. After touching the $50k mark last week, BTC saw corrections of about 4.63% soon after. At press time too, the king coin was down by 1.5% on the daily charts.Continue reading “Bitcoin: Why ‘restless’ traders have no reason to be so”
The Ethereum killer narrative has been around for a long time. While many cryptos claimed to be a strong competition, none have succeeded in dethroning the king of altcoins. However, with Ethereum’s gas fees issue still unresolved after the London hardfork, top market players like Cardano were quick to grab the opportunity. ADA has beenContinue reading “This will cause Cardano to ‘blast through’ the $3 milestone”
Bitcoin’s price after a firm march towards recovery has started to consolidate ahead of the $50K mark. As it continued to trade at $48,463 at press time, the market capitalization stood at $911 billion, down by about 2% over the last day. The current rally and subsequent consolidation have garnered a lot of attention fromContinue reading “Bitcoin’s ‘smash through $50K’ can happen sooner if…”