This year witnessed a significant growth in the crypto market, with its total cap doubling. Starting from a low point of $800 billion, the market cap recently peaked at $1.7 trillion, marking the highest level since early May 2022, nearly 20 months prior. Interestingly, this surge is not mainly driven by Bitcoin, as seen in...Read More
The rotation into altcoins continues as Bitcoin price now consolidates between $35K-$38K, creating short-term opportunities for traders to capitalize on rising altcoins. Traders are taking advantage of this shift, which is funneling capital into the altcoin sector and strengthening the support for leading altcoins such as MATIC, Solana, and Chainlink, indicating a promising week ahead. ...Read More
This month’s ‘Uptober’ trend brought a strong rebound across the market, with numerous altcoins and Bitcoin reaching their highest levels of the year. Concurrently, memecoins experienced an explosive surge, notably with PEPE’s value climbing more than 100%. Motivated by these developments, both individual investors and large-scale holders have been accumulating more coins ahead of another...Read More
The crypto markets are consolidating after triggering a fine upswing in the past few days. After reaching new yearly highs above $35,000, Bitcoin’s dominance is also rising, heading to new highs. This could hinder the progress of the altcoins, as more than half of the volume is flowing into BTC at present, affecting the value...Read More
This week brought a positive trend in the crypto market, with Bitcoin knocking the $30K threshold. This development has sparked buyer interest in several altcoins, potentially signaling a recovery in the ‘Uptober’ movement. With the closing of October on the edge, historical patterns suggest a solid bullish week, possibly triggering a fresh round of purchases....Read More
The crypto industry continues to trade sideways as the bulls constantly fail to hold the price and continue struggling to stabilize the market. On the other hand, Chainlink has become the top performer among the cryptocurrencies in the past week. Following the massive price volatility the token experienced in the first half of the month,...Read More
The month of September turned out to be harsh for the crypto space as the market has been experiencing massive price volatility for cryptocurrencies. Following last week’s price plunge, the industry has managed to push itself back up and regain momentum as the top performers have leveled their losses. The bulls and bears are constantly...Read More
ChainLink (LINK), the decentralized oracle network that bridges smart contracts with real-world data, has made headlines in the cryptocurrency space as it recently broke through its monthly resistance level, setting new price targets and sparking investor interest. The fresh surge came after Ethereum’s Shanghai upgrade went live on 12 April, pushing the altcoin and DeFi...Read More
Along with Bitcoin, Ethereum, XRP, Cardano and many other altcoins, Chainlink too has gained some bull run. As per the analysis made by an analytics firm Santiment says that though Chainlink has gained more than 40% since July, the asset is now depicting some kind of upward volatility. Among many such indicators that are pointing...Read More
