Disclaimer: The findings of the following analysis should materialize over the next 24-hours Bitcoin SV, against all odds, has been able to avoid massive depreciation on the charts since hitting a high of $250 on 1 August. The crypto-asset maintained its consolidation between $218 and $230 over the past 24-hours and it is uncertain whether …
Money market protocol Compound has released its own price oracle as part of its efforts to migrate to the Open Price Feed, its permissionless, upgradable price feed. A price oracle is a third-party, decentralized feed that provides the data necessary to carry out smart contracts. Many Open Finance platforms use price oracles to offer their …
DeFi platform Compound launches permissionless price oracle Read More »
Priced at $0.1426 Cardano is the 8th largest cryptocurrency in the world. The recent surge due to the announcement of the Shelley launch caused a massive pump since April 2020. During this surge, the token has seen a 500-600% appreciation in its value. Not did this surge push it into the top 10 ranks, but …
With the cryptocurrency’s price recovering from yesterday’s crash, Bitcoin finds itself in a pickle with an important resistance preventing its march higher on the charts. With over a billion dollars in positions liquidated, the Open Interest and the volatility have all dried up. While BTC’s price has been slowly trying to head higher, despite it …
For many of the market’s altcoins, a rally was in the works even before Bitcoin’s price hike that enabled it to go past $11k took place. However, in the past day’s time, strong bullish momentum in the altcoin market has seen a dip. For the second-largest altcoin Ethereum, the past 24-hours’ price action hasn’t been …
Ethereum, Stellar, Dogecoin Price Analysis: 29 July Read More »
Disclaimer: The following article attempts to analyze the evolving trends in the Bitcoin Cash market and its impact on the price. Even though the altcoins have been witnessing independent movement from that of Bitcoin’s price action, the king coin’s hard fork Bitcoin Cash [BCH] has been unsuccessful in doing so. The Correlation between BTC and …
Despite many in the community speculating that the altseason may finally be here and Bitcoin may soon lose its starring role, most of the crypto-market continues to be dictated by the price movement of the world’s largest cryptocurrency. The fortunes of altcoins such as Ethereum Classic and Dogecoin are a case in point. Bitcoin [BTC] …
Bitcoin, Ethereum Classic, Dogecoin Price Analysis: 17 July Read More »
Disclaimer: The following price prediction should materialize over the next two weeks. When XRP registered a recovery of 103 percent after its price drop on March 13th, many were expecting it to follow into the footsteps of other major assets. The likes of Bitcoin, Ethereum were able to ascend near their early highs of 2020, …
Bitcoin SV, the persistent hardfork of a hardfork of Bitcoin has now become a mainstay in the top-10 coins in the cryptocurrency market. Currently placed on the eighth spot with a market capitalization of $3.41 billion, behind its big-brother Bitcoin Cash which has a market capitalization of $4.3 billion. Looking at the price of BSV, …
Despite Bitcoin’s lackluster performance in the past week, the month of July seems to have provided significant momentum for the altcoin market to surge in terms of its trading price. Popular altcoins like Bitcoin Cash, Monero and FTX Token registered up to 11 percent in terms of a price hike since the start of the …
Bitcoin Cash, Monero, FTT price analysis: 8 July Read More »