Cryptocurrency Analysis and News Portal
Bitcoin (BTC) is flirting with price levels that would have been considered highs in December 2017. That was when bitcoin first touched up against $20,000, only to fall precipitously, then scratch and claw for three years to reach $20,000 again by December 2020. Bitcoin’s price has fallen out of the
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Ethereum layer-2 scaling solution Optimism has been overwhelmed with “all-time high demand” following the launch of its highly anticipated airdrop on Wednesday. Users racing to collect their tokens were greeted with failed or delayed transactions as the Optimism team raced in the background to add additional capacity to the network. As
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The past week in the decentralized finance (DeFi) ecosystem was dominated by Terra's collapse and its aftermath on various ecosystems it was connected. Now BNB chain has come to the rescue of several stranded projects on Terra by offering financial and technical assistance.After its spiral collapse, Terra co-founder Do Kown
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Pseudonymous crypto trader and analyst Capo tweets that Cardano (ADA) is bound to go on a massive downward trend. This popular crypto trader with over 307,500 followers on Twitter predicted a massive plunge before the coin finishes its five-waved downward trajectory following the Elliott Wave Theory. The Elliott Wave Theory
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Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Currently, the crypto "Fear and Greed Index," which uses volatility, volume, social metrics, Bitcoin dominance and Google trends data, has plunged to
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Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not to want to be long crypto.” Famed Hedge Fund Manager Paul Tudor Jones on Bitcoin, Crypto Billionaire investor and renowned hedge fund
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Monero is a privacy-centric protocol that masks the wallet addresses of users making it difficult for others to trace and track transactions. This is unlike bitcoin (BTC) or other cryptocurrencies, where wallet addresses and transactional behavior can be analyzed to determine the identity of their users. Source
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Cardano (ADA) price risks undergoing a severe correction in the next few months despite touting its blockchain network's bolstering growth and a "major" hard fork event in June.Descending channel hints at ADA selloff aheadADA, which makes up about 1.75% of the total crypto market capitalization, has been trending lower since
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Stacks (STX) pared a considerable portion of the gains it made on March 10 as the euphoria surrounding its $165 million pledge to support Bitcoin (BTC) projects showed signs of fading.STX's price dropped by over 30% to reach a level as low as $1.33 on Friday when measured from its
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DeFi DeFi (Decentralized Finance) burst into 2020 with resounding success, rising from a combined $900M market cap in January 2020 to $253B by the end of 2021. DeFi offered true decentralization of finance by automating transactions through the blockchain. DeFi also provides optional yet lucrative features such as staking. However, the
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