The market is steeping in a state of extreme fear which has sent shivers through even powerful DeFi players. However, some of these tokens seem to be caught squarely between bulls and bears, as they wait to make their next move. In particular, Convex Finance [CVX] was trading at $9.77 after rising by 3.59% in theContinue reading “What to make of Convex Finance [CVX] and its mixed messages”

The day brought an avalanche of bad news for bulls as Ether fell below the psychological price of $2,000 and was trading at $1,734.01 at press time, after losing around 9.94% of its value in the past day. By press time, Avalanche [AVAX] had fallen to become the #15 biggest crypto by market cap and wasContinue reading “Assessing if Avalanche [AVAX] could soon reverse its downtrend”

Bulls rearing to run this morning were dealt a shocking blow as Bitcoin fell below $29,000 and Ether crashed below $2,000 – once again. Other alts were quick to plunge, and so did their total-value-locked rankings. One coin that had a particularly difficult day was Fantom [FTM]. If the departure of key Fantom personnel Andre CronjeContinue reading “Fantom’s [FTM] TVL and metrics reveal that future price performance will be…”

“A red sun rises. Blood has been spilled this night.” These iconic lines from J.R.R Tolkien’s ‘The Lord of the Rings’ could very well apply to the state of the crypto market on 27 May, as Bitcoin crashed below the $29,000 support level. At the time of writing, the king coin was trading at $28,806.53 afterContinue reading “Bitcoin [BTC] options expiry and its anomaly that you should know about”

Tezos [XTZ] has come a long way from its former reputation as a ghost chain, but the #37 biggest crypto by market cap still tends to get buried under the much bigger projects capturing the headlines. Still, XTZ has seen some interesting price movements that intrepid investors will want to track. Xzibit 1: A rallyContinue reading “Tezos [XTZ]: Important checkpoints if investors are planning to cut losses”

On this day last year, Bitcoin was changing hands at a grand total of around $38,400. At the time of writing, however, the king coin was trading at $29,869.80 after rising by 2.09% in the past day and increasing by 0.24% in the last week. Trying to divine Bitcoin’s next movements can feel like trying toContinue reading “Bitcoin to $500k by when? Revealing what PlanB and the metrics say”

At press time, Ethereum’s estranged sibling Ethereum Classic [ETC] was trading at $23.75 after rallying by 7.34% in a day and 13.60% over the past week. This time last year, however, ETC was changing hands at slightly over $78. So, why does the latest rally have investors excited? Jump on the ‘classic’ wagon For starters,Continue reading “Ethereum Classic’s [ETC] +13% rally is fine, but the worrying sign is…”

A ghost in the blockchain? Or a poltergeist playing tricks? 25 May began with TerraUSD [UST] seeing a daily rally of more than 400%, but then experienced a crash that dragged it back down to below $0.1. So here’s your news update in case you were sleeping when the price spiked. A glitch in theContinue reading “UST registered +400% rally while you were asleep – Here’s what to know”

OpenSea has been hit hard by the latest round of turbulence in the market. However, some blockchains are evidently taking it harder than others. To be specific, it’s high time we took a look at Solana and what its NFT traders have been up to. In the merry month of May According to Dune Analytics,Continue reading “Where is OpenSea Solana in the NFT race? The truth is…”

While you’re busy looking at Bitcoin, Ethereum, and other top cryptos, you might have forgotten about DeFi tokens that make it possible for audacious traders to bring their own DEXs to life. On that note, Loopring [LRC], the ERC-20 token and exchange protocol, has been seeing some curious metrics of late. Here’s what you needContinue reading “Get in the loop on whether the signs for Loopring [LRC] are bullish or bearish”

At the time of writing, Bitcoin was trading at $29,379.94 after falling by 2.58% over the past 24 hours and decreasing by 3.10% over the week. Those using the opportunity to buy the dip while they can and stack sats should probably look up for a second as a new milestone was hit recently.  BitcoinersContinue reading “With Bitcoin below $30K, here’s the new metric you should watch instead”

With some coins and tokens swimming in the red while others are still green, it can be hard to find your bearings and know when the tide might turn next. To that end, here are what the signs had to say about Cardano [ADA]. And the cards say… At press time, ADA was trading atContinue reading “Cardano’s [ADA] trading takeaway ahead of Vasil hard fork”