Bitcoin has been compared to stocks for quite some time and next in line to garner attention as a top traded asset is Ethereum. Crypto supporters have advocated the fact that cryptocurrencies provide much better returns compared to stocks. How much truth the notion held, was largely debated. Nonetheless, recently, Nasdaq cited Ethereum as a topContinue reading “This makes Ethereum a strong contender among top stocks”
Latest Articles from Varuni Trivedi
The Ethereum killer narrative has been around for a long time. Now, with the gas fee still high on the Ethereum blockchain after the London upgrade, concerns around the use of the Ethereum blockchain have been rising. But it wasn’t only impacting Ethereum’s image, as Defi infrastructures like Uniswap felt the brunt of it too. Continue reading “Here’s why the new ‘Uniswap of Cardano’ may not be a threat just yet”
Almost two years ago, in June 2019, the Matic Network integrated with Chainlink to enable decentralized oracles on its Layer 2 sidechain network. At that time, this development brought decent gains for both alts. Chainlink rallied almost 250% in June 2019, around the time of the announcement, while MATIC saw nearly 50% gains. It isContinue reading “Will MATIC and Chainlink falter on their way to all-time-highs, because of this”
Over the past week, Bitcoin and Ethereum’s prices have been rangebound, depicting just about 1% in gain and loss respectively. However, Solana, the new entry in the top ten ranked coins (by market cap), has managed to steal the show yet again, by making another all-time high, at the time of writing. Solana’s value appreciatedContinue reading “This may slow down Solana’s journey to $100”
Over the last month, almost every cryptocurrency asset in the top league has managed to make some decent rallies, on the back of larger market sentiment. Some alts such as Cardano (ADA), Solana(SOL), Terra (LUNA), and Avalanche showed stronger rallies. While some others, including Bitcoin Cash and Ethereum Classic, saw notable rallies but weren’t backedContinue reading “This is what Bitcoin Cash and Ethereum Classic need, to stay relevant in the market”
XRP’s price action has kept investors and traders on the edge of their seats over the last month. The altcoin’s move from $1.9 to under $0.5 and then up to $1.35 has been a remarkable journey, to say the least. However, at the time of writing, XRP was down by 2.5% in 24 hours andContinue reading “Why XRP’s recovery and rally would depend on bridging the fair value gap”
For a long time, Bitcoin has been subjected to a lot of criticism, unnecessary skepticism, and scrutiny. Ranging from its use in illegal transactions to energy concerns and price volatility, the king coin has seen it all over the last decade. However, the crypto’s trajectory from a market cap of $1 million in 2011 toContinue reading “The A to Z on if and when Bitcoin can flip Apple”
The king coin’s struggle below $50,000 has been longer than expected. With Bitcoin still consolidating between $46k and $49.5k at press time, expectations of a quick leap above $50k faded. Needless to say, the market seemed to be seeing the effects of the same in different ways. A cooldown in place? Bitcoin’s price, at theContinue reading “Here’s what Bitcoin must do BEFORE it breaches $50,000 again”
After a rather impressive market rally and some exciting new all-time highs by some altcoins, the market couldn’t escape consolidation. At press time, on the daily chart, Bitcoin and Ethereum had shed around 3% of their values. However, as the larger market consolidated, Ethereum noted an independent trajectory. Not in terms of price action, butContinue reading “Ethereum traders should look out for this dip buying opportunity”
Over the last three days, the king coin’s lost momentum has been stirring up tension across the market. Bitcoin had managed to excite the whole community by breaking past its critical resistance level. However, it was met with consolidation and corrections yet again post 24 August. In fact, since then, BTC has fallen by almostContinue reading “Bitcoin’s ‘millionaire tier’ and how it might just save the day”
Most of the market has been rather responsive to Bitcoin’s price action lately. But, even though a lot of altcoins have carved their own niche, the larger market is still waiting for Bitcoin’s cue. Solana, Cardano, and Terra (LUNA) set up independent rallies and made new ATHs while other top alts journeyed on the backContinue reading “Assessing the odds of Polkadot breaching $30 in the short term”
Despite Bitcoin breaching the $50,000-level recently, its market dominance has been falling on the charts. This seemed to be fueling the perfect opportunity for alts to climb towards their ATHs. Taking advantage of the same, altcoins like Cardano, Solana, and Terra (LUNA) rallied all the way to hit new highs. In doing so, however, theseContinue reading “Could MATIC be next in line for a new ATH”