Technology

Michael Saylor, CEO at MicroStrategy, makes a tough prediction for Solana and Binance to come up against Ethereum. His comments come at a bad time for Ethereum community with their precious platform further delaying the Merge. In a recent podcast with Lex Fridman, Saylor was asked to comment on the future of crypto platforms, andContinue reading “The bullish case for everything from Ethereum-Solana rivalry and…”

Ethereum price shattered in the previous days after crossing the holy $3500 barrier in early April. In the past 36 hours, the ETH prices have fallen below $3000 after anticipations of the FOMC got through. The crypto ecosystem had been worried about the Federal Chair meet on Thursday which did not end well. To arrestContinue reading “Ethereum: Despite breakdown below $3k, why ETH still holds upward potential”

TRX has emerged as the top performing cryptocurrencies in the last 24 hours at the time of writing, after rallying by more than 16%. It owes its impressive run to the announcement that the Tron blockchain will launch a new algorithmic stablecoin called USDD. The rally took place within two hours after announcement which wasContinue reading “Tron: Decoding why news of its native stablecoin pushed TRX up by 16%”

Famous crypto journalist Colin Wu recently tweeted about the growth of Uniswap Labs. “According to the official Uniswap Labs, Uniswap has become Polygon’s DEX with the most trading volume last month, accounting for nearly 50% of the market share, just 3 months after its launch.” As Uniswap completed Q1 2022, Messari launched its quarterly reportContinue reading “Uniswap: Despite meteoric growth, why UNI’s future looks shaky”

Cosmos’ ATOM has so far registered a bigger selloff in April than its rally in March. In contrast, most of the other top cryptocurrencies experienced price correction but only by a fraction of their rally towards the end of Q4. ATOM has been on a bearish trajectory since its most recent local peak at $33.29Continue reading “Cosmos: All the reasons behind ATOM’s sustained weakness on the charts”

Cardano’s native token ADA has enjoyed significant bullish recovery in the last three days as the broader cryptocurrency market sentiment improved. It is however, currently in the fear territory, as opposed to extreme fear in the previous week. The sentiment adjustment was timely because it allowed ADA to recover after coming into contact with itsContinue reading “Cardano [ADA] bounces on the back of positive sentiment but will it sustain”

MINA had a great run from mid-March, one that saw it rally from its 2022 low of $1.58. It extended its bullish momentum through the first week of April before retracing by 38.59% after extending its drop below the 0.618 Fibonacci level. MINA’s performance in the first week of April was of particular interest dueContinue reading “Is there enough buying pressure to sustain MINA’s latest breach”

AAVE’s price action recently broke through its ascending support which was part of its megaphone pattern. The bearish performance was part of its correction after its March rally and it has so far registered horizontal price movement in the last few days. AAVE traded at $161 at the time of this press as it continuedContinue reading “AAVE: Here’s what to expect from the token as it falls below crucial support zone”

Bancor’s native cryptocurrency BNT has been experiencing sideways price action as it entered a consolidation zone. This can potentially point at the building up of a momentum for a breakout or a breakdown, but the when aspect of it is anybody’s guess. BNT traded at $2.16 after extending its downside by 5.57% in the lastContinue reading “Bancor: Why despite recent drawdowns, BNT might be ready for a rally”