What Is Chainlink (LINK) And How Does It Work?

Introduction There are dozens of blockchains and cryptocurrencies to choose from in the crypto market. Therefore, investors may get overwhelmed when it comes to creating a suitable and well-balanced crypto portfolio. It is best to take a look at some of the most popular cryptocurrencies and break them down into their smallest components to understand […]

Continue Reading

An Analysis of How Crypto Industry Is Ending 2022

Global Crypto Economy Shrinkage Up To $1.5 Trillion About a year ago now, the crypto economy could easily be evaluated at a whooping value of $2.334 Trillion. However, from 20th December 2021 till 20th December 2022, the economy lost roughly $1.5 Trillion. Today, the global crypto economy is resting at a value which is less […]

Continue Reading

Ethereum vs Ethereum Classic: Key Differences

Introduction The use of cryptocurrencies might be puzzling at times. The vast array of various cryptocurrencies available on the internet contributes in some way to the overall sense of bewilderment among investors, particularly younger ones. One contributor to this perplexion is the names themselves, which often confuses new traders. If we compare Ethereum to Ethereum […]

Continue Reading

Coinbase Is No Longer Supporting USDT As It Is Encouraging Users To Adopt USDC

Coinbase, a cryptocurrency exchange based in the United States seems to have decided to change its stance towards Tether (USDT). The exchange is communicating to its users that USDT is no longer a reliable stablecoin. Instead, the users must switch to a different stablecoin, asking them to go for USD Coin (USDC). Coinbase Asks Users […]

Continue Reading

Forex vs Crypto Trading: Which One Is Better?

Introduction Crypto trading is the latest trend of investment that is popular among the younger generation. However, before cryptocurrencies, there were other trading options available in the market outside of the stock market as well. One such alternative for trading is Forex Trading. Investors are always looking to diversify their portfolios by dividing their investment […]

Continue Reading

Litecoin (LTC): Why $100 Isn’t Coming Soon

LTC price displays a bearish divergence forming on the 24hr chart, hinting at an upcoming fall. On-chain data shows 22% of Litecoin holders enjoy profit, further painting a bearish outlook. A breakdown of $55.23 will form a lower low, annulling the bullish case. Litecoin price saw an impressive rally after the FTX-driven crush bottomed on […]

Continue Reading

Focus on Exchange Genesis as Bitcoin and Ethereum Plunge

The crypto market continues its downward journey, and experts believe enthusiasts should watch cryptocurrency exchange Genesis, which might be seeking additional funding. Bitcoin and Ethereum extend their downside trip, with market participants worried that more cryptocurrency exchanges might follow FTX’s steps. The leading digital coin, Bitcoin, lost approximately 6.6% in the last 24 hours to […]

Continue Reading

ApeCoin (APE): Evaluating Whether This Reversal Has Any Opportunities for Investors

Escalated selling pressure over the past few days saw APE witnessing a patterned bearish break. The crypto saw slight improvements in MVRV and network growth. ApeCoin had its downward snowballing after the alternative token touched its all-time high zone in April 2022. That saw the alt denying buyers an opportunity to welcome trend-shifting rallies for […]

Continue Reading

Contagion Fears Following FTX Collapse Plunge Cryptos into 7-day Loss – November 14

The sudden collapse of FTX cast doubt among exchange users over their fund’s security held in custodial wallets. The revelation by Bahamas authorities of FTX Group filing for bankruptcy last week caused a widespread shockwave across the virtual assets market. The aftershocks of the sudden implosion of a key player in the global crypto assets […]

Continue Reading

Ripple (XRP) Price Analysis – Bearish Pressure Pushes Price Beneath $0.3551

XRP price outlook is bearish. The next resistance stands at $0.3551. XRP/USD has support at $0.324. Ripple price exhibited losses as the remittance token plummeted toward $0.3496 today. The downward trend remained constant within the past two days, and the price followed a downside trend. Meanwhile, the trend reversals were somewhat unanticipated as bulls led […]

Continue Reading

Chainlink (LINK) Drops Value to $6.1 – Price Analysis

Chainlink price paints a bearish picture. LINK’s massive resistance stance at $8.9 The alt has reliable support at $%.9 Chainlink price outlook shows the alternative token exploring bearish tendencies on 13 November 2022. Crypto suffered a massive downside amidst the ongoing turmoil in the cryptocurrency market. LINK’s price remained negative within the last few hours. […]

Continue Reading

Chiliz (CHZ): Why Holders Can Still Smile After Incurred Losses

Chiliz highlighted that its new PoSA (Proof-of-Staked-Authority) chain was in the testnet phase. The latest market correction saw CHZ price rallying, putting most holders in profit. The leading entertainment and sports fan token platform, Chiliz, revealed two crucial upgrades on its ecosystem in the upcoming weeks. Moreover, it showed the announcement on November 9. The […]

Continue Reading

Litecoin’s (LTC) Bullish Wave Overcomes $62.64 Obstacle – Price Analysis

LTC price analysis shows upside tendencies. LTC/USD support stands near $54.75. The altcoin encounters rejection at around $63.74. The Latest Litecoin price outlook shows LTC explores bullishness today, following positive sentiment within the marketplace. Meanwhile, bulls target new highs as they explore the $62.64 mark. That cleared the path toward the $63.74 record high. The […]

Continue Reading

FTX Turmoil Sees Solana TVL Plunging by 32.4%

Cryptos exposed to Alameda Research, FTX, and Sam Bankman-Fried seem to have suffered the most. Solana witnessed its total value locked plunging by 32.4% within the past day. That came as the news of FTX callable sent a shockwave in the entire cryptocurrency market. DeFiLlama shows SOL’s TVL dropped to $423.68 million, reflecting a 32.4% […]

Continue Reading

Avalanche: These Updates Could Entice Investors, but AVAX Might Not

Avalanche’s Twitter handle for ecosystem news tweeted on November 6 about the project’s weekly subnet statement. The report by AVAX Daily revealed some notable updates that the blockchain experienced. The tweet confirmed that AVAX’s subnets totaled 36, whereas the total validators stood at 1,219. Moreover, the transaction count over the previous week didn’t see a […]

Continue Reading

Tron (TRX): What Q3 Performance Say about Q4 Price Trends

The latest rally in the crypto space saw Tron exploring 5-day peaks of $0.06382 as of November 5 (Coinmarketcap data). The alternative token ranked 15th by market cap. Moreover, TRX lost 1.5% over the previous day to its press time value of $0.06351. Evaluating the asset’s daily chart showed Tron buyers dominated the market on […]

Continue Reading

This Bitcoin (BTC) Miner Purchased Multiple Machines Amidst Current Crypto Winter

CleanSpark, a BTC mining firm, has purchased 3,843 crypto miners to consolidate its position within the marketplace. The company bought the Antminers Pro for $5.9M at $15.50/Terahash. Also, CleanSpark confirmed machine count purchased since the bear market arrived stands over 26,500. The deal remains critical as it emerged when most mining firms file for insolvency […]

Continue Reading

Cardano (ADA) Prints Sideways Setup Beyond $0.38 Support – Price Analysis

ADA price seems to gain strength for the next upside. Price has steadied beyond $0.38 before dipping into a sideways setup. Downward corrections to $0.35 might materialize if Cardano losses the floor at $0.40. Cardano’s price outlook is neither bearish nor bullish today, as the altcoin dipped into a sideways pattern near the $0.40 area. […]

Continue Reading

What Next for Bitcoin (BTC) – Sustaining Current Range or Soar to $25K?

Bitcoin has ended an exciting week experienced in a while. That’s because the asset’s October decline extended the bearish bias since mid-August. Consequently, the latest rally eased the tension amid the market downturn, translating to excitement during the previous week’s rally. However, can BTC bulls sustain the current uptrend for a while? Though BTC saw […]

Continue Reading