XRP’s fall that took the alt’s price from its all-time high of $3.31 to under $1, shook its investors and traders. However, this rally came as a sigh of relief to these investors as the alt’s price rallied almost 40% in a week. Oddly, Bitcoin, Ethereum, and even BNB had registered lower price gains asContinue reading “XRP closing in higher than Bitcoin on this metric is a rare phenomenon”
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Bitcoin has managed to soar from under $30K to above $45K and as the king coin inched closer to its ATH, bullishness was the tune of the hour. However, amid the general price gains as portfolios were expanded and investors went all into the trade, Bitcoin lost momentum. BTC’s upward momentum came to a haltContinue reading “What you need to know about this ‘large outlier’ in the Bitcoin market”
With Bitcoin’s price surging from $37.2K to $46.49K, one section of the market is rejoicing the rally, while the other is skeptical of the same being a pseudo rally. Keeping in mind the crypto market’s general fame for volatility, it’s no shock that the skeptics aren’t very bullish about the recent rally, but do theContinue reading “Bitcoin is set for a pump to $60K if this happens”
Bitcoin and alt prices have soared this week, with bitcoin nearing the $47K mark for the first time since mid-May; the price rallies seem to be getting all the more exciting. This crypto rally, undoubtedly, was led by the top ten coins, and while Bitcoin and Ethereum have been the focus for the last twoContinue reading “This could be a good trading strategy for Cardano, Binance Coin and XRP “
With Bitcoin crossing the $45K mark, everyone was bullish on the king coin, but one section of traders saw their profits drowning. Well, this might seem unlikely during a bull run, it holds true for the Kimchi Premium or the Korea Premium Index. Kimchi Premium’s relationship with Bitcoin price Bitcoin’s ‘Kimchi premium,’ is the differenceContinue reading “The evolving relationship between Bitcoin and the Kimchi premium”
On the surface, Binance Coin’s slow movement towards the $400 mark looked sideways and monotonous. However, one thing that stood out was the sustained recovery BNB highlighted since July 22. The coin had fallen under the $250 mark and its recovery from the lower lows is undoubtedly a relief. Now with BNB oscillating close toContinue reading “Binance Coin: Wait for this before making any move”
$30K, $40K, and $42K- These aren’t just figures, these are the levels that the market despaired over, anticipated, and celebrated, in that order. With Bitcoin rallying upward, the market is striking a bullish tone and fears of Bitcoin falling under the 30K level are slowly dying down. On a strictly price-driven note, it is importantContinue reading “Bitcoin: Why you need to know about this historically significant move”
The buzz of the London hardfork stood true to the rumors as was reflected in Ethereum’s price. Ethereum smashed through the $3k level highlighting a hike of 13% in less than 24 hours trading at $3.1K at press time. Bearish metrics turning bullish, finally While Ethereum’s futures market looked pretty good in terms of marketContinue reading “Ethereum: Here’s the one thing that could be said with certainty at this point”
Cardano’s price climbed 11.5% in a week and while its price jump from the July lows of $1.1 to the current price of $1.4 might look more or less monotonous there’s another take that often goes unnoticed. The fact that Cardano didn’t fall below the $1 mark and had a comparatively less volatile market duringContinue reading “Longing Cardano: Does this move make sense”
Bitcoin’s price rallied to a multi-month high of $43,930 on 7 August. The timing of the same was interesting, especially since Bitcoin closed in the red for three consecutive days before 4 August. In fact, many viewed this move as a final break away from the trading range the king coin has been stuck withinContinue reading “Why investors are playing it safe despite Bitcoin’s multi-month high “
Most market altcoins rallied on the back of decent on-chain activity over the past fortnight. While many of these cryptos hiked as anticipated, Litecoin took many in the market by surprise. It was not just the price gains, but the general growth from an on-chain perspective as well. Ergo, the question – Can there beContinue reading “Litecoin is ‘cruising,’ but here’s why there’s so much more to it”
Since the summer of 2020 triggered the DeFi market, it has grown by 40 times. In fact, at the time of writing, the total value locked was as high as $73.39 billion. Most of these funds are contained in lending protocols through which DeFi users earn interest for supplying funds (Or conversely, pay interest forContinue reading “AAVE, COMP are fueling DeFi lending, but will ‘caveat emptor’ do the trick”