The Bitcoin layer one (L1) settlement project upgraded its network to a new version. The king coin seems to have played a significant role in the STX performance, as it tapped an overbought level. Stacks [STX], known as the Bitcoin [BTC] layer for smart contracts, announced its activation of the 2.1 version on 19 March.Continue reading “Stacks 2.1 deployed: Is BTC the catalyst STX needed all along”

Increased demand and a decline in fees could help ETH reach $2,000. Unfiltered ETH transactions dominated the network as Ethereum struggled to register new addresses. Holders of Ethereum [ETH] savored the surreal rise of the cryptocurrency over the last two weekends. Because of the hike in value, the demand for the altcoin king significantly increasedContinue reading “Ethereum [ETH]: Assessing if sliding fees can hasten relay to $2k”

BAYC’s social mentions and engagement increased. The NFT collection’s floor price decreased, leading to further market cap nosedive. As one of the most valuable NFTs, it is unlikely not to find Bored Ape Yacht Club [BAYC] among the top collections with the most volume week-in and week-out. But the trend of the last 24 hoursContinue reading “BAYC: Of social spikes, struggling ranks, and plunging floor prices”

Sometimes, I’m a fan of the popular saying- Not by power, not by might. Other times, I’m not. Now, I’m not trying to dismiss your religious beliefs or personal opinions. However, the incredible ChatGPT innovation might make you want to question that line. Take it or leave it. In the midst of confusion and increasingContinue reading “I asked ChatGPT Ethereum’s price prediction after Shanghai and its response was…”

As the crypto market maintains revival, tokens like Chainlink [LINK] have found it challenging to grab a share of the widespread positive sentiment. According to on-chain data, several projects have enjoyed an array of investors’ participation since the ecosystem stabilized at the detriment of the bears. How many are 1,10,100 LINKs worth today? Despite being rankedContinue reading “Inside Chainlink’s [LINK] quest to fit into place amid market resurgence”

Aptos’ TVL has notably reduced despite high expectations. The project has performed well with respect to NFTs and token value. When Aptos’ [APT] Mainnet went live on 17 October 2022, there was an array of excitement in the crypto community. At the time, the ecosystem was battling with several downsides but the project’s offer toContinue reading “The A-Z of Aptos five months after Mainnet launch”

Analyst suggests that BTC could get a key breakout in the short term. The Bitcoin network value remains expensive relative to the price but the coin could still hit a yearly crest. Since 2023 began, a number of weekends have acted as stepping stones for Bitcoin’s [BTC] production of green bars. Interestingly, the 11-13 MarchContinue reading “Could Bitcoin [BTC] be on course for another green weekend”

Uniswap officially announced its deployment on BNB Chain Integration means protocol will take portion of PancakeSwap’s market share Considered the world’s largest Decentralized Exchange (DEX), Uniswap’s V3 has now been deployed on the BNB Chain. According to its 15 March disclosure, the integration would allow tokens under the Binance-founded smart contracts blockchain to be swappedContinue reading “Uniswap V3’s BNB Chain venture could spur this race for market share”

Bitcoin rode into a crucial bullish zone as the MVRV ratio crossed the 365-day MA Sentiment returned to neutral, despite an abundance of buying power Bitcoin’s [BTC] recent volatility has done little to quash the signs of a bullish market. In fact, according to CryptoQuant’s market turbulence analysis, the coin’s Market Value to Realized ValueContinue reading “Should Bitcoin’s [BTC] market bulls be thanking banks just yet? The answer is…”

Social sentiment in connection with Cardano has begun to rise Project’s TVL also hiked while its founder pushed for a bank-free crypto-sector Cardano [ADA], the decentralized Proof-of-Stake (PoS) blockchain, has put up with consistent neglect by folks in the crypto-channel. The lack of attention given to the network might be surprising though, especially as theContinue reading “Why Cardano may get a quick fix to its month-long social neglect”

Addresses with large USDT holdings are moving their assets off exchanges. Tether’s market cap dominated Circle, but earlier high sentiment has reduced. Over the weekend, stablecoins became “unstable” as fifth-ranked cryptocurrency as Circle USDC in market value lost its dollar peg. Following the event, a lot of investors switched sides and held their stables inContinue reading “Tether [USDT] exchange supply dwindles as whales…”

BTC nudged past $26,000 following CPI’s data announcement. Maximalists reiterated that the traditional financial system could not stop Bitcoin’s growth. Bitcoin [BTC] continued its unprecedented bullish run and climbed above $26,000 as the United States Bureau of Labor Statistics released its February Consumer Price Index (CPI) data. According to the country’s fact-finding agency, the CPIContinue reading “Bitcoin [BTC] breaks $26k, CPI drops – is the euphoria back”