Technology

Solana has been in the news a lot recently, both for good and bad reasons. It would seem, however, that the latter has caught the fancy of Cyber Capital’s Founder Justin Bons. He is in the news today after he tweeted a thread on the Solana blockchain. Via what many characterized as a rant againstContinue reading “Solana’s ‘far too many red flags’ too much for this exec”

Polkadot’s native cryptocurrency DOT registered a 5-day recovery after kicking off April on the back of a strong bearish pullback. However, its price action, at press time, was approaching a previously tested resistance zone underpinned by a Fibonacci retracement. DOT bears recently went on a recess after bottoming out at $16.73 on 11 April, beforeContinue reading “DOT’s 5-day rally is behind it; Here’s what’s next for the alt”

Christine Kim, Researcher at Galaxy Digital, recently shared a thread on Twitter updating the community on the developments on the Ethereum blockchain. During their latest meeting, Ethereum core developers, according to Kim, discussed the now-delayed Merge and the shadow forks. What’s on the agenda? Kim proceeded with the roadmap of the Ethereum blockchain. The 4thContinue reading “Ethereum: This will give ‘more time for the Merge to stay live longer’”

After a huge year in 2021, hackers are continuing to target Defi platforms in Q1 2022. Chainalysis reported in a recent study about the increasing trend of malicious activities in the current year. The bounty was indeed not enough in 2021 when hackers managed to steal $3.2 billion in crypto. They have already managed toContinue reading “Transparency or security: Report analyses reasons behind DeFi hacks”

On 11 April, Coinbase announced its decision to list over 50 assets made up of 45 ERC-20 tokens and 5 Solana Program Library tokens. Since then, however, the exchange giant has been under fire as many believe that a few of the tokens could be irrelevant or subject to massive rug-pulls. Allegations of insider tradingContinue reading “Why Coinbase’s listing announcement has more than what meets the eye”

SAND, at a press time level of $2.76, seemed heavily discounted from its all-time high of $8.48 on the charts. However, one interesting observation that can be made is that since its previous peak, it has been trading within a wedge pattern, one underpinned by support and resistance. Even so, it is currently approaching itsContinue reading “SAND may be breakout-ready, but is that the full story”

Cardano is among the cryptocurrencies that come to mind when contemplating the most bearish top digital currencies from their all-time-highs. One of the reasons for its bearish performance is the Cardano blockchain’s gradual development. The slow development has delayed Cardano’s ecosystem of organic growth and this has consequently affected ADA’s price action. This has especiallyContinue reading “Cardano: Is ADA finally due for another breakout?”

AAVE has been trading at a significant discount from its all-time-high. However, its rally in the second half of March proved that it can still command healthy volumes. AAVE rallied by close to 45% from its March-lows before undergoing a significant correction to its press time price levels. AAVE was trading at $180, at theContinue reading “AAVE: Why there’s a case for and against a possible run-up in the near term”

Bitcoin’s price entered a correction zone after peaking above $48,000 towards the end of March. This was an inevitable pullback considering its strong price action from around 22 March which temporarily pushed it below $45,000. BTC has since enjoyed some recovery and traded at $46,630 on 5 April, after a 0.82% rally in the pastContinue reading “Bitcoin: Reasons why BTC is holding strong above $45,000”