Bitcoin Starts Recovery, Why Close above 100 SMA Is Important

Bitcoin price started a fresh increase from the $37,500 support against the US Dollar. BTC must clear the 100 hourly SMA and $40,000 to move into a positive zone. Bitcoin started a decent increase above the $38,000 and $38,500 resistance levels. The price is now struggling near the $40,000 zone and the 100 hourly simple […]

Ether Burning EIP1559 To Go Live Soon, Where Can You Watch The ETH Burn?

The highly anticipated Ether (ETH) burning EIP1559 upgrade containing London hard-fork is ready to go live on the Ethereum mainnet in a couple of hours, you can check the countdown here. It’s the biggest upgrade planned for the base layer before the Merge – the shift from Proof of Work (POW) to Proof of Stake […]

Bitcoin v. crypto-stocks – Why it’s not worth betting on just one

2008’s recession managed to completely change the financial landscape. In fact, it allowed Bitcoin and other cryptocurrencies to gradually make their way into the mainstream. The emergence of the same also affected how many see traditional assets. Traditional assets like stocks have been around for ages, with the class able to offer mass confidence to […]

Billionaire Ray Dalio likes Bitcoin but would choose gold every time

Hedge fund manager Ray Dalio says he’s still bullish on Bitcoin but has a greater penchant for gold. Speaking to CNBC on August 4, the billionaire investor admitted to owning a “very small amount” of Bitcoin but said that he would choose gold if he had to make the choice between the two. “If you […]

OpenSea Crosses $1 Billion Trading Volume In The NFT Mania!

There’s good news for OpenSea – the leading NFT marketplace built on Ethereum as it has benefited the most from the recent NFT mania. According to crypto analytics and aggregator Messari, OpenSea has facilitated more than $1.02 billion in trading volume in this year – a new all time high for the cumulative volume that […]

Ethereum Hard Fork Is Just Hours Away. Here’s What Could Go Wrong

In brief The London hard fork is scheduled to occur on August 5. It includes EIP-1559. That code change alters the transaction fee structure on Ethereum. On Thursday, the Ethereum network is getting an upgrade as five Ethereum Improvement Proposals get incorporated into the blockchain’s code. The most-talked about change is EIP-1559. That proposal does […]

Celsius Network Lends Support to Cardano ($ADA)

Cryptocurrency lender Celsius Network is set to add Cardano’s ADA later this month for both borrowing and lending. According to its CEO Alex Mashinsky, users will be able to take out ADA-backed loans on August 19. Mashinsky also revealed on Twitter that users can earn 4.05% on their ADA holdings by lending the cryptocurrency on […]

Why it’s best Cardano’s traders remain on the lookout

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice While some altcoins have been quite volatile over the week due to Bitcoin’s hike above $42,000 and its subsequent retracement, the same cannot be said for Cardano. Broader market cues did not seem to […]

Ethereum Set To Explode According To Market Dominance, Crypto Analyst

Crypto Analyst Nicholas Merten recently said in a video analysis session on YouTube that Ethereum’s price is poised to explode. Merten pointed out that price analysis really isn’t the reason that the number 2 cryptocurrency is set to explode, but what the market dominance shows that actually shows this. This shows through when the cryptocurrency […]