AXS has been making noise recently thanks to its double-digit percentage gain over the last week following the announcement of the development team that the project is moving along to the next update that will bring more decentralization to the game and its community which should, in theory, improve tokenomics and create new incentives for … Read more
Once again, Ether (ETH) is facing the impact of a move being made by a hacker who had stolen funds from the FTX exchange. Hackers Drained More than $450 Million Just when the FTX exchange announced its bankruptcy, a hacker made an attempt again at the FTX and FTX USA exchanges. He was successful in … Read more
The current crypto winter is continuing to be volatile and full of bearish and bullish trends turning cryptocurrencies upside down within the space of 24 hours. The current technical indicators have warned traders of potential dangers. MKR prices surge to $652.01 as a bullish trend continues to dominate the market on the last day of … Read more
The top three key executives, who were long associated with FTX, had been fired by the management of near to collapse crypto trading platform, FTX. Amongst the fired individuals, one of them was the person who had helped lay down the foundations of FTX as its co-founder. It soon became the world’s biggest and most … Read more
The current price movement of Chiliz (CHZ) shows that the investors are trying to bring it into the inverse head and shoulders pattern. Once CHZ is within the pattern, the investors will try to break out of its neckline to form a positive. This would allow the trading price of CHZ to move in an … Read more
After setting a new record low in the previous week, Grayscale’s Bitcoin Trust (GBTC) dropped to yet another record low, primarily because of the price of Bitcoin. YCharts revealed data showing that the GBTC that tracks Bitcoin’s price had been discounted by 42.69% as of Friday morning. How it works GBTC was first introduced in … Read more
So far, the year 2022 has proven to be a roller coaster ride for Bitcoin (BTC) but November proved to be even more aggressive. Bitcoin Bulls Attempted a Rebound Bitcoin started the month of November on a high note as its price kept surging. The price of BTC continued rising against all the odds but … Read more
One of the first things that really make cryptocurrencies special is their volatility. While most people will see it as a bad thing, the truth is that this volatility is also responsible for helping individuals make massive gains. And no matter how low the market gets or how grim things look, investors are confident in … Read more
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
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
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
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 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
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
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
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
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
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
Amid the bleeding crypto market that has dominated headlines since Monday, BTC and ETH have rebounded, leading to the overall market recovery. The flagship coin crawled back to above $30k in the early hours of Friday, exchanging at a day high of $30.9k. Currently, it trades at $30.3k, shedding about 60 cents based on CoinMarketCap. … Read more
Ex Fed chair and current US Treasury Secretary, Janet Yellen, has shared her insights concerning the crypto sector following the decline of Terra’s native token and stablecoin. Earlier in the week, TerraUSD (UST) declined massively to a new daily low of $0.7495, and within a few hours later, it slid further to $0.6134. Then, on … Read more
