Evaluating Whether AAVE Would See Another Plunge Before Next Rally

James Dodson | July 13, 2022 | Leave a comment

AAVE remained on the southbound moves while printing another reversal setup on its daily chart. The 50 Exponential Moving Average has curbed buying surges as it kept the overall trends under the bearish influence. The prevailing upward-channel trajectory might...

Read More...

Elrond (EGLD): What for Investors Looking to Reduce Losses?

James Dodson | July 12, 2022 | Leave a comment

The July 1 announcement had the scalable blockchain platform Elrond informing its customer about launching its DEX (decentralized exchange), the Jungle DEX. The team stated that the DEX isn’t only a product launch but the gateway to raw, real...

Read More...

Ethereum vs. Polygon: Can Gas Fees Be Turning Point Once Again?

James Dodson | July 11, 2022 | Leave a comment

Ethereum has seen phenomenal growth, while its decentralized finance (DeFi) functionalities make it a leading blockchain. Nevertheless, the charges of being an ETH user have challenged some to use the chain. That triggered the launch of cheaper L1s and...

Read More...

Stellar (XLM): Evaluating Implications of This Trendline Resistance to Traders

James Dodson | July 10, 2022 | Leave a comment

While publishing this post, Stellar dipped inside a long-term squeeze around the POC (Point of Control). The latest drawdowns have re-confirmed the bearish outlook as XLM prices battle to overcome the 20 Exponential Moving Average. Any closing beyond the...

Read More...

Polkadot (DOT): Everything About the New Staking Dashboard

James Dodson | July 7, 2022 | Leave a comment

The 2022 market slump didn’t spare any crypto, with most digital assets trading with massive discounts. Meanwhile, Polkadot designs an environment to ensure dip-buyers enjoy lucrative DOT utility. Recently, Polkadot announced a new cryptocurrency staking dashboard designed with a...

Read More...

Bitcoin (BTC): What Are Investors Targeting Amidst Surging Outflows?

James Dodson | July 6, 2022 | Leave a comment

On-chain data indicated that Bitcoin saw the worst in June, considering the bellwether crypto’s performance since 2011. It saw a 37.5% dip within the month of an already disastrous Q2. The Fed’s policy actions, increased inflation, and recession fears...

Read More...

AAVE: What 12% Upswing Might Mean to Traders Following Harmony’s $100M Hack

James Dodson | July 5, 2022 | Leave a comment

The second-largest decentralized finance protocol globally, AAVE, endured a massive blow within the past three months. The hit saw the lending Dapp’s total value locked, plunging to $5.03 billion from $14 billion. That wasn’t all. Also, AAVE suffered during...

Read More...

Elrond (EGLD): Assessing Reasons Behind Latest Rally Attempts

James Dodson | July 4, 2022 | Leave a comment

Elrond is a scalable, fast ‘smart’ contract network. The platform saw impressive traction this week. Improved mode saw EGLD gaining by approximately 9% within the past 24hr, trading above the $50 zone. While publishing this post, the altcoin traded...

Read More...

Is Synthetix (SNX) Contemplating Recoveries Days Following Selling Worth $18M?

James Dodson | July 3, 2022 | Leave a comment

Synthetix Network, unlike other platforms, refrained from tracking broad market sentiments. The project formed its path. However, that didn’t imply gains, as it finally witnessed losses totaling $132 million. Synthetix Encounters Some Real Challenges       The crypto market fears eventually...

Read More...

SEC Rejects Grayscale’s Spot BTC ETF Application

James Dodson | June 30, 2022 | Leave a comment

The United States securities watchdog (on Wednesday) prohibited Grayscale’s spot BTC exchange-traded fund. Grayscale is among the world’s leading digital assets managers. Meanwhile, it reacted to the SEC’s decision with a lawsuit. However, the legal challenge is one of...

Read More...