Technology

With new developments and upgrades taking place on a daily basis, it would not be an over-exaggeration to state that the DeFi space is exploding. Technology, however, comes with its own risks. Netherland’s ING Bank recently released a paper that analyzed the opportunities and risks associated with DeFi.  The authors looked into how “Centralised institutionsContinue reading “Bitcoin advocate: One of the big benefits of DeFi, as we see in Ethereum, is…’”

Despite breaching a new ath over $4000, Ethereum retraced its path over the past 24 hours. The altcoin’s price was up nearly 15.19% in the past week and market capitalization has been continuously rising. As bitcoin dominance stood at 42%, ETH dominance was at 18%. Why are retail traders looking at Ethereum’s price movement soContinue reading “Cardano, Litecoin, Chainlink, Ethereum, Zilliqa: which of these alts are on the cusp of breaking out?”

Ethereum’s price had risen by more than 24 percent when compared to last week. At press time, the coin was trading well above the $3900 mark, having registered an ATH above 4000 a day ago. The largest alt’s market cap was also over $4 billion – another record it recently inscribed. Highlighting the position ETHContinue reading “Why many ‘investors consider Ethereum a proxy for the altcoin market’”

The evergreen Bitcoin vs Ethereum debate can never be concluded with a definite winner. While Bitcoin is ‘stuck’ with its store-of-value narrative, Ethereum’s value is derived from its applications.  Drawing parallels with gold and silver, billionaire entrepreneur Mark Cuban, in a recent interview, stated that Bitcoin and Ethereum were independent. However, he went on recordContinue reading “Why Ethereum ‘is uncapped in terms of how high it can go’”

The latest bull cycle was predominantly driven by altcoins. As Bitcoin’s price kept moving sideways, this had to be Ethereum’s week. Its new ATH pumped new life into the alt-community. However, as anticipated, Dogecoin stole its thunder.  There was a sense of ‘obviousness’ to Dogecoin’s trade over the past few days. Elon Musk’s appearance onContinue reading “Post the SNL dump, is it time to convert your Dogecoin to bitcoin?”

Bitcoin has witnessed an evolution in its adoption over the years. Even though it is an asset that is gaining more and more institutional interest, the crypto community’s flagship currency has been the best-performing asset class of the decade. In a time period of 10 years, Bitcoin returned its investors 10 times more than WallContinue reading “‘At some point, Bitcoin is not going to rise that dramatically’; what then?”

Lately, any news about Ripple pertains to the XRP lawsuit that the SEC filed against the firm in December 2020. However, the firm’s quarterly report projects an optimistic picture for the digital asset, as XRP sales more than doubled from the previous quarter. The asset more than regained the losses it had sustained when theContinue reading “Ripple execs on XRP; here’s why 2021 is already off to a roaring start”

DOGE isn’t merely the coin of the day. The joke-coin boasts a market cap of over $92 billion. It might sound fictitious, but the meme-coin that was hardly worth a few pennies months back is now worth over $0.7. After achieving its $0.69 benchmark, the community is now pushing the coin towards the $1 mark. TheyContinue reading “Will Dogecoin breach the $1 mark today?”

With NFTs completely transforming the way ownership and rights are exchanged, American entrepreneur, Mark Cuban is busy spreading the word about the new fad. Highlighting the same, in a recent interview, he said, “Collectors get to collect what collectors want to collect. That’s what I’d say.” Demystifying and refuting the ‘bubble’ connotation attributed to NFTs,Continue reading “Is the NFT bubble set to burst any time soon?”