El Salvador’s adoption of Bitcoin [BTC] has opened a can of worms. As thousands of protestors took to the streets to oppose the introduction of the cryptocurrency as a legal tender, the audacious experiment got off to a bumpy start. However, Salvadoran President Nayib Bukele has been looking for innovative ways to increase the adoption […]
Cardano [ADA] dodges fatal correction below $2 but sell signal continued to erupt
The latest run-up pushed Cardano [ADA] to the fourth spot on the leaderboard as Binance Coin [BNB] eclipsed the former. ADA has been on a sharp decline since the first week of September. Last week’s recovery, however, paled in comparison to its peer tokens. So far, ADA has not been able to reverse its weekly […]
Tron [TRX] struggles to gather strength but user growth remains strong
Tron [TRX], which was once one of the top crypto-assets, has gradually fallen off the leaderboard. Despite the depreciation in terms of its price, user growth has been steady. Tron Foundation unveiled the semi-annual report of user growth and found a gradual increase in figures over the past seven months. The total number of accounts […]
What’s validating Bitcoin’s [BTC] bullish setup?
The crypto market flipped neutral as Bitcoin [BTC] scaled an impressive rally this month. September can be marked as the month when a nation made Bitcoin its legal tender, on the other hand, TikTok and Twitter started using Ethereum [ETH]. However, the downtrend has been particularly damaging for several assets in the market that shed […]
Dogecoin [DOGE]: Is bullish divergence the only hope?
Just as the month flipped the incessant blues of September halted. Dogecoin [DOGE] also hinted at recovery as the global market cap soared above $2 trillion. As the broader market saw momentum re-enter, DOGE reversed its weekly losses and was up by 9.23%. However, the crypto-asset’s attempt to make a sustainable upward push near a […]
Polkadot’s [DOT] 9% surge may kick-start massive rally
After weeks of tepid movement, the global crypto market cap shot above $2 trillion. Polkadot [DOT] logged a massive run-up as well and was up by over 5% over the past week. The crypto-asset has been stuck in a consolidation phase for almost a month. The market remained highly volatile. Many investors are now speculating […]
Bitcoin [BTC] briefly breaches $48K; SEC extends ETF deadlines
In an unexpected turn of events, Bitcoin [BTC] rallied 10% that catapulted its price to $48,000. The latest price action comes despite significant bearish pressure in the crypto market as BTC was found to be struggling to hold its fort above the psychological level of $40,000. However, as the king coin added $4,000 to its […]
Here are the 3 DeFi protocols generating over $100M in annualized revenue
September has been a tough month for the crypto industry. The DeFi protocols, on the other hand, are seeing increased activity. Market participants remained cautioned as a result of the regulatory clampdown from China and elsewhere. Hence, many users have now that some buyers have changed their focus away from Bitcoin [BTC] and have instead […]
Uniswap [UNI] bulls attempt to rake in gains after losing $25
Uniswap’s [UNI] attempt to reach the May highs was cut short by the subsequent sell-off. While the global market cap dropped below $2 trillion, most crypto-assets broke psychological levels. UNI, for one, tested the $25.3 support level as it fell from a high of more than $33. The price is currently dominated by bears who […]
Users can now send private Ethereum [ETH] transactions
Privacy and financial freedom are two important structures of the cryptocurrency industry. A prominent Ethereum mining pool, Ethermine announced the Ethermine Private RPC endpoint. According to the official announcement, the mining pool added the latest feature Private Remote Procedure Call Endpoint for Ethereum [ETH] mainnet to its toolkit. Notably, the latest data from Poolwatch.io. reveal […]