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Evaluating the odds of AVAX’s recovery in the coming week (www.blockcast.cc)

AVAX’s TVL continues to fall Partnerships and integrations increased over the last week  Avalanche Daily recently updated Avalanche’s [AVAX] C-chain weekly status, which pointed out a few notable stats. For instance, just last week, the total number of transactions increased by over 4%. Moreover, AVAX’s staking rewards registered a nearly 9% increase in the same […]

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Bitcoin [BTC] sweeps July lows; is a recovery around the corner (www.blockcast.cc)

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. In the past 24 hours, $198 million worth of positions in the crypto futures market were liquidated, according to data from Coinglass. Of this amount, $30m can be attributed to Bitcoin pairs. With BTC […]

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Curve Finance’s [CRV] condition after a $450,000 exploit recovery (www.blockcast.cc)

Curve Finance [CRV], the on-chain liquidity exchange, was attacked in what was termed a “DNS cache poisoning” on 9 August. This exploit capitulated CRV as the price plunged from $1.48 on 8 August to $1.25 on the event day. Surprisingly, the coin picked up and increased to $1.42 on 11 August. On the same day, […]

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How will recovery of Mt Gox’s $3.3 billion of bitcoins affect market? Interview with Nexo rep (www.blockcast.cc)

Mt Gox, the first crypto exchange to gain mainstream traction, has long gone down in the annuls of crypto infamy. Launched in 2010 – scarcely a year after Satoshi Nakamoto introduced the world to Bitcoin, within four years it was handling over 70% of Bitcoin transactions worldwide. And then, in February 2014, it was gone. […]

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ETH derivative traders take neutral stance amid recovery- Here’s why (www.blockcast.cc)

The cryptocurrency market experienced a small recovery phase as it crossed the $1.03 trillion market cap. Two of the leading cryptos, Bitcoin [BTC] and Ethereum [ETH] witnessed a surge in their respective price action over the last seven days. But, it looks like the latter showed more focus and determination towards its recovery. Rising from […]

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Ethereum [ETH] investors, watch out for this level to look for recovery (www.blockcast.cc)

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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Is Bitcoin’s [BTC] price recovery being supported by Lightning Network’s growth (www.blockcast.cc)

Bitcoin, the largest crypto recovered a respectable $60 billion in a day as the price reclaimed $30K. Indeed a relief after recording nine consecutive weeks of losses, extending its record-breaking losing streak. Talking about upticks, the Lightning Network (LN)- BTC’s scalability partner- just got a bit faster as well. Thunderstorms sighted  Yes, BTC underwent a significant […]

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Why The Sandbox land sales will have little to no effect on SAND’s recovery (www.blockcast.cc)

Most of the DeFi tokens in the crypto space earn their value from the function and success of the protocol they stem from. Naturally, any change in the protocol’s ecosystem is bound to have a ripple effect on the token as well. However, that does not seem to be the case with The Sandbox. Out […]

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Binance Coin: BNB attempts a recovery but this is what lies on its way (www.blockcast.cc)

Phew! What a week this has been in the history of cryptocurrency.  A week marked by a significant decline in price for most cryptocurrencies which led to massive sell-offs on exchanges.  With hodlers on one hand advising investors to tarry and paper hands, on the other hand, exiting to salvage what was left of their […]

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Ethereum: What to expect as ETH stages a near 10% recovery on the charts (www.blockcast.cc)

ETH is showing strong signs of recovery after a recent meltdown of the crypto market. The parity was restored after a near 10% growth surged ETH above $2,000. Impressively, it has been able to hold this position after plunging below $1,700 in the past week. What can we expect from the flagship alt coin? Is […]

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