WWW.BLOCKCAST.CCThis year could be make or break for decentralised finance (DeFi). In 2021, DeFi innovation stagnated, even as the crypto market rose to record highs. In 2022, a spate of DeFi hacks and centralised finance (CeFi) failures blighted trust in the industry and attainable yield dropped to near zero. The coming 12 months will be […]
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In a new partnership with the Commonwealth of Dominica, Tron [TRX], the decentralized, open-source blockchain, was announced as the preferred blockchain of the Commonwealth of Dominica to develop and issue the Dominica Coin (DMC). Since the announcement was made, TRX, the native coin of the Tron blockchain, recorded some traction. According to data from CoinMarketCap, […]
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Shiba Inu [SHIB] expectations ran high last week largely due to the anticipated Shiba Eternity game. Fast forward to the present and the hype died down. Interestingly, SHIB’s price action has also lost its bullish momentum and adopted a bearish trajectory in the last five days. There are a couple of reasons why Shiba Inu […]
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since dropping from the $275 baseline in early May, Bitcoin Cash [BCH] finally found rebounding opportunities after plunging to its record low in the $96-zone. The price has been hovering near the upper band […]
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In the last month, the Mean Dollar Invested Age (MDIA) for the popular crypto meme coin, DOGE, has been on an uptrend, according to data from Santiment. However, in the last few days, according to the MDIA, the average investment in the DOGE has dropped from 264 days (on 18 July) to 206 days (22 […]
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice As macro-economic uncertainties fueled market-wide corrections, the crypto-market’s capitalization plunged below $900 billion. Over the week, Ethereum [ETH] broke down into high volatility after losing its $1,700-support. The recent bearish engulfing has significantly tarnished buying […]
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Amid the ongoing bloodbath in the cryptocurrency market, and billions of dollars being wiped off, Billionaire investor Warren Buffett’s remarks and actions can serve as a stepping stone going forward. He may be overjoyed at the moment, but vested interests of his company into crypto-startups can cause him a pinch of sadness. Buffett is well […]
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Following the tragedy that trailed TerraLUNA and its eventual collapse, regulators worldwide have become skeptical of cryptocurrency projects and a clampdown is underway in some regions. On 26 May, STEPN, a move-to-earn blockchain project, via a series of tweets announced that in order for its activities to comply with regulatory policies in China, users in […]
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BTC has managed to recover above $30,000 level after crashing below $26,000 in the latest episode of the crypto crash. BTC prices have rallied nearly 10% in the past 24 hours showing strong bullish signals after this debacle. The Bitcoin bulls are looking to consolidate this position onto a gradual recovery despite macro factors still […]
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As the crypto market reels from the latest bear attack, how is one controversial top-ten coin dealing with more turmoil and conflict? XRP did produce a green candle earlier but on 11 May, a red one was taking shape. Can XRP beat the odds or is it destined to sink with the rest? Final destination At […]
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