XRP being assessed by the Howey Test: Why is this relevant today?
To many, regulatory clarity on the subject of digital assets and cryptocurrencies has, for long, been found wanting. In fact, this has been a common complaint, especially from users and entities and businesses based in the United States. Thanks to the same, not only have some crypto-businesses moved abroad and shut down altogether, but others […]
Dogecoin’s lack of stronger cues means this for the asset
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice After touching record levels throughout April and May, Dogecoin suffered a massive decline of 70% on the back of a wider crypto-sell. A descending channel breakout offered temporary relief, but the bears have been […]
Why there’s more to KLAY’s hike than the Binance listing
Klaytn, a public blockchain project led by the South Korean Internet giant Kakao, recently announced the listing of its KLAY token on Binance. Soon after the announcement, KLAY’s price grew by over 50% from its 24-hour low of $0.8492 to a high of $1.2769, before showing slight drops and settling at $1.00 at press time. […]
Where do things stand for Bitcoin and Ethereum’s networks?
Bitcoin hit its peak in April at $64,895 and has been on a downtrend over the past two months. Selling pressure was escalated by the dump observed on 19 May and this forced the crypto’s value to fall under $40k. With continuous corrections being seen on the charts, BTC later hit a low of $28,600 […]
It is really in Ripple’s best interest to ‘behave’ because…
Ripple Labs, its executives, and XRP have consistently been on the radar over the past six months, primarily because of the ongoing lawsuit against the U.S. Securities and Exchange Commission. What’s more, the hostility between XRP holders and the rest of the crypto-community has been evident on platforms like Twitter. In fact, many have raised […]
If Bitcoin isn’t a ‘real cryptocurrency,’ what is?
The crypto-space is not new to criticism and jibes that come amid backlashes from some countries and sweet acceptances from others. Bitcoin and other cryptocurrencies have always attracted strong criticism, especially from bankers around the world. The latest to do so is French economist Jean Claude Trichet. During a recent TV appearance, Trichet, who served […]
Why Ethereum Classic is unlikely to climb above this price level anytime soon
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Ethereum Classic’s 330% hike in early May seems to be a distant memory now. Since then, the price has declined sharply, dropping by nearly 80% to its 19 May swing low of $40 at […]
A bullish breakout for Cardano – How likely is it?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Cardano has failed to breach the $1.88-resistance since 19 May and its latest unsuccessful breakout attempt in early June resulted in another 50% decline. A single candlewick dropped all the way towards $1 and […]
Ethereum, Tezos, Synthetix Price Analysis: 25 June
On 25 June, market bears resumed their attack on the recovering cryptocurrency market. This attack was felt by Bitcoin‘s price and market cap, with the same mirrored by the altcoin sector too, including the likes of Ethereum, Tezos, and Synthetix. Ethereum [ETH] Ethereum’s price was trying to recover over the past couple of days when […]
What you should know about Ethereum’s make or break moment
May-June has passed by the crypto-space in a flash and the 2nd quarter of 2021 is reaching its conclusion. However, there is still one major event left for Ethereum, and it could essentially change the course of its price action going forward into Q3. Within the next 24 hours, Ethereum Options will be undergoing its […]
Here’s what pushed Litecoin’s SegWit usage to 90%
Litecoin has dropped by 68% ever since its peak was noted earlier in May. Although the price of the digital asset has been falling lately, curiously, its Segregated Witness or SegWit usage hit a yearly high of 90% on 25 June. SegWit was adopted by Litecoin in 2017 and is a change in the transaction […]
If these players play their cards right, Bitcoin may re-establish bullish leg
The current week is turning out to be a roller-coaster ride for Bitcoin and its investors. It started with Bitcoin being valued at just above $35,000, but the asset declined by 11.21% on the same day. In fact, BTC’s price got worse the following day and Bitcoin touched a new regional low of $28,800. Now, […]
XRP lawsuit: Why SEC’s latest motion, Hinman’s deposition ‘should scare everyone’
Until a week back, it was quite apparent that only the plaintiffs in the ongoing SEC v. Ripple lawsuit desperately wanted to depose additional people. However, it recently came to light that the defendants too intended to depose an additional office-bearer. With the sole hint of ‘former SEC official,’ the community started making its own […]
Binance Coin, Tron, UNI Price Analysis: 25 June
Major cryptos gained back some ground after facing some major losses on Tuesday. After dropping below $30,000 for the first time since January, Bitcoin was back to $34,213 at the time of writing, hiking by 3.1% over the past 24 hours. Major altcoins like Binance Coin, Tron, and UNI also profited off the back of […]
Redefining DEXes: An Interview with Polkadex CEO Gautham J
The DeFi ecosystem has seen significant growth in the recent scenario and while exchanges in the crypto-sphere had been centralized, the idea had been challenged with the emergence and subsequent growth of Decentralized Exchanges (DEX). Polkadex aims to combine the benefits of centralized and decentralized exchanges with their technological innovation and provide users with a […]
Here’s when to expect a ‘sudden shift’ in XRP’s price
The fall in Bitcoin’s hashrate after China’s recent crackdown on crypto-mining undoubtedly instilled a sense of fear in the market. The development has also had a fair impact on the world’s largest crypto’s price. Nevertheless, just like Bitcoin and other altcoins in the market, XRP and XRP/BTC have been closing slightly bearish lately. After recording […]
Next-gen decentralized NFT NEFTiPEDiA token listed on DsDaq exchange
NEFTiPEDiA is a next-generation decentralized NFT that enhances the growth of digital artists, creators, investors, and collectors of all marketplaces. It supports the investors by offering Non-Fungible Tokens (NFTs) in a commission-free platform. Predicting the future with blockchain and digital assets, NEFTiPEDiA created a healthy ecosystem through their products and services. Moreover, the emerging hype […]
Bitcoin Cash: Is another drawdown likely?
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Bitcoin Cash suffered a major setback after its price declined by 80% from its 12 May swing high of $1,642. An additional 50% drop dragged it below its 19 May swing low of $470, […]
Japan: FSA reportedly warns Binance against operating without a license
Japan is considered by some to be the home of Bitcoin’s founder Satoshi Nakamoto, thanks to the famous pseudonym. Ergo, it is not a surprise that Japan is among the few nations worldwide to accept cryptos with open arms. That being said, regulatory norms in the country, especially those governing crypto-exchanges have been strict, especially […]
Why this trend of Bitcoin and Ethereum is ‘completely fine’
Since Bitcoin has been stealing the limelight with its crazy price movements, Ethereum was somewhat forgotten in the midst of this volatility. And thus, ETH started imitating BTC. Higher highs, lower lows, price spikes, and crashes, all looked a little too similar for both the coins. Why is ETH behaving in such a manner and […]