Trading Price of NIRV has Dropped 85% as a result of an Exploit

Once again, another stablecoin has recorded a tremendous dip in its value in the latest trading sessions. The drop was recorded after the particular stablecoin ended up getting victimized by an exploiter. NIRV Stablecoin Suffers an Exploit The latest reports suggest that NIRV, an algorithmic stablecoin based on the Solana blockchain has suffered a major … Read more

Macro Climate Uncertainties have Caused Bitcoin Price to Fall Below $20,000

September 6 proved to be a bad day for Bitcoin (BTC) as the trading price of the largest cryptocurrency saw another dip in price. Bitcoin Fell Below $19k If the price of Bitcoin falling below $20,000 was not bad enough on September 5, the situation has gotten worse on the following day. The trading price … Read more

With “The Merge” Closing in, Anticipation Level of Investors is Rising in ETH Price Hikes

For months, the overall cryptocurrency industry has been in a state of turmoil. The entire crypto investment community is concerned and unrest due to the downtrend of the crypto industry. Amidst the turmoil and sense of insecurity among the crypto community, there is one factor providing comfort to the investment community. The Merge is closing … Read more

Shiba Inu (SHIB): The Untold Story of Its Price Discovery

The meme token Shiba Inu seems prepared for stretched uptrends following its latest upside fortunes. SHIB climbed towards the $0.00001642 high as bulls dominated the alternative token on August 16. A slight drop subsided the daily surges to only 1.3%, and the meme coin changed hands at $0.00001586 during this publication. SHIB Must Proceed Santiment … Read more

1Inch Investors Placing Long Bets Might Consider This Update

1Inch Network saw a gradual decrease in MAU (monthly active users) since Nov 2021 (Dune Analytics). The DeFi platform saw 94,263 MAU in July. That reflected a 52% drop from the ATH, registered nine months ago. 1Inch offers users the products: Limit Order Protocol, Aggregation Protocol, and Liquidity Protocol. Moreover, it’s deployable on several chains, … Read more

The Equities Market Is The Cause Of BTC’s Poor Performance – Report

Even though BTC trading occurs round the clock, it usually makes its best bullish moves during weekends. Also, during weekends, it rarely makes any unusual moves during the US stock market operating hours on weekdays. BIG’s Observations About BTC Price Movement However, Bespoke Investment Group (BIG) data suggests BTC’s volatility is often different within the … Read more

Despite A 35% Drop In SHIB Price, Its Community Grows By 15K In Seven Days

Most of the digital assets are still trading in the negative as the general downturn in the crypto market continues. The SHIB Community Keeps Growing However, the SHIB community keeps growing even though the SHIB token has shed 35% of its value in the last seven days. Before May 10, 2022, the SHIB community grew … Read more

Ethereum Merge Likely in August: Vitalik Buterin Reveals

On Friday, Ethereum founder and crypto billionaire Vitalik Buterin stated that the Ethereum Merge would likely occur in August 2022. The Merge involves ETH blockchain transitioning from proof-of-work to proof-of-stake. Buterin revealed the development during the Ethereum Shanghai web3 Developer Summit. He also confirmed potential risks would mean possible delays to September or the following … Read more

Evaluating Whether Tron (XRP) Still Holds Portion of Its Latest Gains

Tron network’s native token TRX was among the best crypto to hold during the recent market slump. Moreover, the altcoin appears to hold steady regardless of the unstable market conditions. Let us find more. TRX witnessed a massive rally from April’s second week as the broad market suffered a bloodbath amid a bearish attack. Tron … Read more

Bitcoin (BTC) Retests $30K as XRP surges 6% in a Day

XRP led large-cap alts within impressive 24-hour gains, whereas Bitcoin and ETH climbed to levels beyond $30K and $2K. Bitcoin finally climbed above $30,000 after spending some days beneath the mark. The bellwether crypto even challenged the $31,000 value area early on. While writing this blog, BTC traded at $30,295.66, gaining 3.47% within the previous … Read more