This year saw a monumental rise in digital asset investment products with record inflows of around $9 billion YTD. Interest was also pretty evident in the upcoming Metaverse space, wherein Crunchbase’s list of companies has already raised over $96 million this year. In fact, despite the larger market weakening, there were still some coins thatContinue reading “Decentraland (MANA) may make a comeback, thanks to low correlation with Bitcoin”
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After the first Bitcoin dip under the $60K level on 16 November, the chants of “buy the dip” surged with the expectation of a recovery. The king coin, however, had other plans. BTC’s price tumbled from a high of $66,281 to a low of $55,641 in just a week. This has thrown the market intoContinue reading “As metrics paint a ‘unique picture,’ Bitcoin’s price headed in this direction”
At press time, most of the top ten altcoins seemed to be in a tight spot with Bitcoin falling below the $57K mark. Nonetheless, as the bullish market momentum paused for the top coins, some alts (like AVAX and CRO) stole the show with their price action. But there were others like Binance Coin (BNB)Continue reading “Binance Smart Chain’s record-breaking maneuvers can have this effect on Binance Coin”
The king coin, after fueling hopes of a Mooning November, has left the market reassessing the Bitcoin rally so far. While the weekly close was still above the $60k-level, the overall trajectory has been disappointing. Especially since many remain under the impression that BTC will hit newer heights towards the end of Q4. In fact,Continue reading “Bitcoin: After its latest weekly close, price levels crucial to BTC will be…”
Bitcoin’s weakened market rally and subsequent losses over the last week gave way for altcoins to steal the show. While Avalanche and Crypto.com coin were among the few top alts that rallied, some took the market by surprise like Zcash (ZEC). Over the last four days, ZEC outperformed major altcoins and even Bitcoin in termsContinue reading “Can Monero & Dash rally like Zcash to strengthen the ‘privacy coin market?’”
Avalanche after rising 120% in the month of November has finally entered the top ten coins by market cap with a total market capitalization of above $29 billion. Oscillating at $135.38 at the time of writing, the tenth-ranked asset pushed Dogecoin out of the top ten club charting over 35% weekly gains. Riding against theContinue reading “After pushing DOGE out of the top 10 club, can AVAX rally like Solana?”
With Bitcoin and Ethereum consolidating as some altcoins see impressive rallies, many in the market are looking at this as the start of the altcoin season. Over the last few days, tokens like Avalanche, Decentraland (MANA), and Crypto.com Coin have been among the market’s biggest gainers. On the other hand, Algorand has been tempting theContinue reading “What Algorand’s curious price trajectory says about the altcoin”
The beginning of November was still a relatively good time for the market as most top coins hit all-time highs and the market cap glimmered. MATIC, however, has been on a downtrend for over 20 days now. With the larger market correcting across the board, MATIC’s momentum slowed down even further. In fact, its priceContinue reading “With Bitcoin, Ethereum in the picture, can MATIC pull off a recovery”
After the price fall of 16 November, the top assets’ price trajectories have baffled the market, and not in a pleasant way for sure. Bitcoin dropped by almost 13% while Ethereum saw an over 15% price fall as bearish sentiment took over the market. Nonetheless, over the last couple of days, there seems to beContinue reading “Ethereum could perform better than Bitcoin, but here’s the catch…”
As Bitcoin oscillated just under the $60K zone and major altcoins seemed to be stuck in consolidation, the DeFi space and a number of other DeFi tokens have attracted the market’s gaze. Capital inflows seemed to be flowing into DeFi projects like Crypto.com and Curve DAO as BTC’s trajectory weakened. This wasn’t the first time,Continue reading “Moving against the tide, Curve and Crypto.com coin rally on, but how for how long”
The third quarter wasn’t a pleasant ride for the wider market. And still, certain altcoins carved their niche and emerged as the top gainers. Even though Bitcoin and Ethereum didn’t see any major upswings in terms of price all through Q3, altcoins like Solana and Cardano noted separate rallies after the larger market thought theyContinue reading “Polkadot, Solana are institutional faves, but is it time to decouple yet”
Bitcoin bulls seemed to rejoice as the top asset registered a new ATH of $69k on 10 November. However, the bullish sentiment didn’t last long. And, bears yet again were back in control, with the crypto falling under $60k. As the cryptocurrency fell by 10%, bulls seemed most affected. Especially since most of the callContinue reading “Here’s how 19 November can dictate Bitcoin’s short-term trend”