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Dogecoin is known to many as the original meme-coin, and its supporters aspire to take it “to the moon.” Founded in 2013, it took many years for the coin to gain traction. Surprisingly, by May this year, the coin had rallied 14,000% with a market cap of $85 billion within just one year. The Elon MuskContinue reading “Would Dogecoin survive if someone tried to attack it”

A massive drop, fear and anxiety at their peak, and a superstar entry back with a bang, pretty much sums up Bitcoin’s price action over the past week. The king coin’s downward trajectory led to a market-wide fall and a major bearish market. However, nothing is permanent in this crypto-verse where volatility is the name ofContinue reading “Bitcoin’s future price action would depend on these key aspects”

Like most altcoins in the market, Binance Coin was witnessing a period of stagnation on the charts. Its value oscillated between $296-310 over the past few days, with neither bulls nor bears able to assert dominance. At the time of writing, BNB traded at $300, down by 1.1% over the last 24 hours. Binance CoinContinue reading “Binance Coin: A safer bet would be to make this move”

As Bitcoin’s consolidation phase continues on the charts, opinion is divided among market observers and traders alike as to whether Bitcoin is indeed in a prolonged bear market. Findings of a report on the same were discussed in a recent article, but what cannot be denied is the fact its volumes have dropped steadily overContinue reading “This strategy would be the safest bet in the Bitcoin market right now”

The global cryptocurrency market has not fared too well in July so far. The month started off with a bullish week but prices began to gradually decline due to a lack of sustained buying pressure. While some alts have been able to cope up with rising selling pressure, the same cannot be said for Polkadot.Continue reading “This would provide confirmation of this incoming price move for Polkadot”

Ethereum’s correlation volatility spread kicked in once again as the world’s largest altcoin managed to post higher percentage gains when compared to Bitcoin. Over the last 24 hours, ETH’s value rose by 4.8% as opposed to BTC’s rise marginal rise of 0.74%. The pickup allowed ETH to break north from its descending channel but gainsContinue reading “This development would allow Ethereum traders to bag some profits”

The Alonzo White test net kicked off on 15 July as Cardano inched closer towards enabling smart contracts on its platform. The recent upgrade allows about 500 users to test its smart contract features, a significant size up when compared to Alonzo Blue which was open to a limited number of participants. With planned upgradesContinue reading “This move would provide this confirmation for Cardano’s price movement”

The Grayscale Bitcoin Trust (GBTC), the world’s largest digital-assets fund manager is due to release a large amount of BTC after a six-month lock-up period. Several speculations are being made around this event, one of them being that the GBTC unlock may effect price volatility in Bitcoin markets in the coming weeks. Irrespective of theContinue reading “Analyst on Bitcoin in the coming days: I would not be surprised if Bitcoin…”

The cryptocurrency market has its own form of entertainment in the form of Dogecoin [DOGE]. Rightfully called the meme-coin, DOGE was created in 2013 as a joke, but it has lately become more than just a joke. Could this bring in regulatory hardships for it though? That was the subject of a recent video byContinue reading “What being caught in the regulatory eye would mean for Dogecoin, Uniswap”

While the year began with Ethereum Classic valued at less than $5 on the charts, at the time of writing, the cryptocurrency was trading at over $55, with the alt offering YTD returns of 887%. In fact, just over two months ago, on the back of the wider market’s bull run, ETC hit an ATHContinue reading “Ethereum Classic: 4 factors why traders would make this move”

The bull market, market sentiment, speculations, institutional buying, all these factors have inadvertently defined Bitcoin’s rise over the past few weeks. They form an integral part of the industry that caters to both the demand and supply dynamics. Yet, at its very core, Bitcoin is still an asset considered and imagined from a transactional pointContinue reading “The fair value of Bitcoin is not what traders would expect”

A recent article discussed the possibility of Bitcoin being in a Wyckoff Accumulation as its price targets a comeback towards the $40,000 mark. As traders await BTC’s recovery to its April highs, its short-term trajectory still remains in question. At the time of writing, Bitcoin traded at $34,783, up by 1.7% over the last 24Continue reading “Here’s what would trigger a swing to the upside for Bitcoin”