Technology

If you are invested in Bitcoin, chances are that you have noticed that Bitcoin has been trading within a tight range for the last few days. The performance is quite different from the norm considering that BTC is known to be very volatile. However, it might not be long before Bitcoin volumes and volatility return.Continue reading “Bitcoin’s [BTC] breakout scenario: Here are the levels to watch out for in case of one”

Zilliqa’s native crypto ZIL enjoyed a healthy bullish performance during the weekend, pushing it up by roughly 52% from its 12 May bottom. The token’s rally comes at a time when most of the top cryptocurrencies are experiencing a lot of sideways action. ZIL traded at $0.061 at the time of writing, after a 19%Continue reading “Zilliqa [ZIL] might be headed an a downward trajectory but here’s the caveat”

ETH is back on track after recording a 4% bull run in the last 24 hours. After a difficult series of weeks, ETH developers have finally released a bit of good news. A core developer posted a tweet signaling the release of the testnet on 8 June. The Ethereum community seems to have a sighContinue reading “Ethereum [ETH] attempting to sustain itself over $2k level thanks to…”

UST’s crash was the black swan event which confirmed that crypto-winter is here. Additionally, the market’s failure to register significant recovery further enforced this conclusion. Investors are now left wondering how long the crypto-winter will last, but Grayscale’s ETF applications might provide us a reasonable timeline. The lack of healthy bullish volumes has contributed toContinue reading “This may be the white swan to the black swan of UST’s crash”

Avalanche is up roughly 10% at its current price of $33.40 after bottoming out at $23.51 on Thursday. However, it has already registered some downside in the last few hours, confirming the lack of enough buying pressure to maintain the rally. A closer look at AVAX’s performance reveals that it is trading within a historicallyContinue reading “Avalanche: Post major sell-off, why AVAX is having a tough time finding stable footing”

It is the sad reality of life that heralding an innovation in a particular space does not always mean one would forever remain on top. Known to have popularized the adoption of the play-to-earn gaming model in the blockchain space, better days appear to be behind Axie Infinity.  Axie Infinity allows users to acquire theContinue reading “Axie Infinity [AXS]: Identifying whether its best days are behind it”

The crypto market is facing a testing start to May. With the Feds announcement, the market has faced two major dips already with the latest being a 3.7% dip. Amidst this, there has been yet another statistic has come out that can cause a bit of worry and raise a lot of eyebrows. Stablecoins, namelyContinue reading “New data regarding stablecoin activity says this about the market sentiment”

ALGO pumped by more than 30% last week courtesy of Algorand’s major development. The network revealed a partnership that would make it FIFA’s official blockchain. The announcement might just be the start of a robust growth phase for ALGO but is it big enough to push it back to its previous ATH? Stepping up theContinue reading “Will the Algorand-FIFA partnership add that special spice to trigger a recovery”

Tron’s native cryptocurrency TRX delivered an impressive weekly rally despite the market wide sell-off that has taken place in the last 4 days. However, it looks like TRX might be about to give into the selling pressure given the strong pullback it registered in the last 24 hours. TRX rallied by roughly 43% from itsContinue reading “Tron: As TRX falls prey to market wide sell-off, here’s what to look out for”