FUDs, fear, and FOMO still seem to have a love-hate relationship with the top coin. Yet, again Bitcoin was the victim of a market FUD that pulled the asset’s price down by almost 8% in less than six hours on 10 November.  While it looked like Evergrande didn’t default as initially reported, the rumors wereContinue reading “Evaluating the Bitcoin-S&P500 correlation and its impact on BTC prices”

Over the last few years, there’s been a steady rise of lending protocols which has not only pushed the narrative for such protocols but also the market size of the sector. In fact, lending and borrowing protocols such as Aave, Compound and BondAppetit, have seen a rise in users and now have tens of billionsContinue reading “Will support from Binance Smart Chain, Fantom do the magic for Abracadabra’s SPELL”

In the crypto-verse early adopters are often rewarded with hefty returns. A similar gala moment was recently witnessed when the Ethereum Name Service protocol, which issues NFTs that can represent Ethereum addresses as well as web domains, distributed an airdrop for its new ENS token. Airdrops are a token distribution method that awards a portionContinue reading “Ethereum-based protocol token, ENS records high gains post airdrop but…”

Ethereum has comfortably established itself above the $4500-mark, while Bitcoin continues to trade north of $65000. Now, even though the top two assets have more or less similar quarterly ROIs, BTC charted 49% three-monthly ROI v. USD while ETH reaped 55% ROI over the same timeframe. Here, it can’t be denied that Bitcoin has largelyContinue reading “Few reasons why Ethereum decoupling from Bitcoin might have to wait”

Another big intra-crypto partnership and another major altcoin pump. Basic Attention Token (BAT) was the center of attention recently after the alt’s price gained by over 30% in a day following a partnership between Brave Browser and Solana.  After Brave announced that the two companies will work together to bring wallet features for the SolanaContinue reading “Brave-Solana partnership pushing BAT, but for how long exactly”

Litecoin, over the past year or so, has been gradually pushed out of the list of top-10 coins ranked by market cap. As expected, newer coins soon gained traction on the charts. Over the last few months, the alt has kept a low profile, tempting the market with a potential breakout. Finally, over the lastContinue reading “Assessing if Litecoin’s position as an inflation hedge can push it to $500”

The cumulative crypto-market cap made a monumental jump above the $3 trillion mark recently. In fact, soon after this achievement, Bitcoin and Ethereum registered new ATHs on their charts, blasting past key psychological resistances. However, apart from the two top coins, layer-1 protocols like Avalanche (AVAX) and Terra (LUNA) have also recorded massive year-to-date returns. Continue reading “With AVAX, LUNA hitting ATHs, can this be the ideal strategy ahead”

The king coin has had a remarkably strong month as it hit another all-time high of $68,231.99 (As per data from Messari). This milestone was achieved after an extended period of sideways movement post the 20 October ATH. Alongside the rise in prices, Bitcoin’s market has continued to show strength in supply and demand dynamics.Continue reading “Bitcoin: New ATH, yes, but how mature really is the market now”

Memecoin mania has undoubtedly taken the center stage even though bigger coins presented decent market gains. Well, the reason was- massive hype and even higher gains that meme coins like Shiba Inu had to offer. Shiba’s price, for instance, was up by 1130% in less than a month. In fact, over the last quarter, ShibaContinue reading “Will whales rotating Ethereum profits to Shiba Inu measure up in the long run”

For the first time ever, the cumulative crypto-market cap surpassed the $3 trillion mark, a development that was celebrated by the community. In fact, on the back of Ethereum‘s gains, the altcoin’s market cap too broke out to hit new ATHs. The crypto’s price is now well and truly heading towards price discovery.  Ethereum’s trajectoryContinue reading “What you should know about the curious case of Ethereum’s metrics”

Solana [SOL], now ranked fourth by market cap, set another all-time high of $257 on 7 November. In fact, to many, it seems like SOL won’t stop for quite some time. In the last year alone, the crypto-asset has accrued over 11,216% ROI to its HODLers. After Solana flipped Cardano to take the fourth spot,Continue reading “Has Solana finally dissociated itself from FUD fears”

Even though last week was a consolidation phase no one was fond of, it was a much-needed breather for BTC’s price trajectory. Bitcoin’s price was oscillating around the range of $60k – $62.5k for the most part of the last fortnight. And, just when everyone thought a correction to $55K may be due, Bitcoin surprisedContinue reading “Bitcoin: Your guide to how to identify the next ‘bottom’”