The market-wide crash in the last week of November saw BTC drop to a 50-day low of $53.3K. Thereafter, the coin started to rebound amid an influx of bullish news from across the market. November, a month that was supposed to reap close to 40% gains for Bitcoin saw the coin dip by over 20%Continue reading “What December 2021 will be like for this evolving Bitcoin market”
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The wider market’s depreciation didn’t spare Algorand’s trajectory on the charts. In fact, at the time of writing, the altcoin seemed to be recovering on the back of the recent BTC gains. In the context of institutional inflows, Algorand, over the past year, has seen some high-end partnerships. This has kept the #21 ranked coinContinue reading “Will partnerships be enough to pave the way for Algorand’s rally”
The Defi sector has been steadily gaining momentum over the last few weeks. Primarily, because the total value locked (TVL) climbed to a new all-time high of $276.92 billion on 9 November. However, at the time of writing, it stood above $269.77 billion. On a macro level, the Defi sector seemed to grow. Even so,Continue reading “After a prolonged monotonous price action, Uniswap could finally rally provided…”
The larger market crash on Friday saw the king coin drop to a 50-day low of $53.25K as a bearish sentiment finally took over the spot market. The dip was largely propelled by fears of the new coronavirus variant. It was even labeled as a “Black Friday” discount on BTC’s price across social media, asContinue reading “The when and how of Bitcoin’s much-anticipated supercycle; is $140,000 an easy target”
After Bitcoin’s Black Friday crash, the entire market seemed to turn red barring some altcoins like Crypto.com coin and surprisingly, Terra (LUNA). In fact, LUNA was one of the only alts in the top 20 to see over 5% daily and 8% weekly gains. Layer-1 protocols like Avalanche (AVAX) and Terra (LUNA) have been ableContinue reading “Is it about time Terra breaks its price downtrend and reignites rally “
$60,000, $56,800, and $54,000 have been crucial price levels for Bitcoin that sent the market in a panic mode and almost created havoc among traders. Each time BTC fell under the aforementioned price levels the chants of “buy the dip”, “Black-Friday discount” and other such positive sentiments anticipating a quick reversal popped up but theContinue reading “Can this Bitcoin fractal trigger a 100% rally this December?”
Loopring, after shedding close to 40% over the last 10 days, seemed to be continuing an unprecedented run yet again. Even though the alt traded close to its ATH price of $3.8 noting over 40% weekly gains, its recent choppy price action brought forth speculations about the coin’s rally. Rumors and price rise The altcoinContinue reading “This points to a strong likelihood of organic growth-based rally for Loopring”
Crypto.com coin was one of the few tokens that rallied against the tide noting high gains and making a new ATH as Bitcoin triggered larger market sell offs. CRO, after making an all-time high of $0.974 on November 24, has started to see minor consolidation at the time of writing which, many in the marketContinue reading “Will high social sentiment help CRO chart Solana-like gains”
Catching the perfect Bitcoin top or bottom has been investors’ concern for quite a while. Despite many tools and indicators that assess BTC’s price trajectory, there’s always been stern speculation around the market tops. Now, as BTC heads towards recovering from the $55K mark, speculation of BTC bottoms and tops has yet again emerged. AtContinue reading “Comparing Bitcoin’s current top to that in 2013 reveals maturity is still in the making”
Over the last 12 months, Axie Infinity has charted a massive yearly ROI of 28,880.21% v. USD. In fact, the surge of AXS better puts the surge of blockchain gaming in perspective. The asset’s daily active users (DAU) and marketplace volumes have noted a tremendous surge over time. At this point in time, Axie InfinityContinue reading “Will MANA, Sandbox direct Axie Infinity’s price action going forward”
The anticipation of a mooning November has subsided over the past week or so. Consider this – Bitcoin’s price maintained its range-bound momentum and Ethereum seemed to follow the king coin’s move. Bitcoin, at press time, was trading close to $56k while Ethereum slipped under the $4300-mark. Apart from the waning euphoria, the short-term marketContinue reading “Bitcoin, Ethereum aren’t as volatile now, so what’s the panic about”
Over the course of the last ten years, many altcoins came and went, while some struggled to carry forward. Litecoin, however, has managed to remain relevant in the market despite the occasional speed breakers and rangebound price action. In fact, LTC rallied over 50% in early November only to succumb to the Bitcoin and largerContinue reading “Looking into the possibility of Litecoin making big gains, thanks to a growing network”