Cardano might have delayed the plan to enhance scalability within the network. Nevertheless, the proof-of-stake-based crypto didn’t appear concerned about the development. July 29 sessions saw ADA flipping Ripple’s XRP to become the 7th largest crypto by market cap. Deferment Not Denial Santiment revealed that the flip occurred as Cardano’s social and on-chain metric exploded … Read more
Today’s sessions saw the global crypto market cap on a brief drop as the U.S economy recorded declines for two successive quarters in what defines a recession. Though the fear & greed index saw its best performance on Friday (since April), investors would likely remain on their toes, affecting the market. Slight losses noted by … Read more
The stock market might not appear inviting today, with leading indexes declines and the strongest stocks struggling. However, bear markets are an opportunity for long-term investors. It’s challenging to maintain enthusiasm when interacting with bear markets. Witnessing leading indexes dropping over 20% from previous highs can be frustrating. However, giving up could be the worst … Read more
DAX index has encountered massive resistance over the last few days. ECB hiked rates last week. Russia slashed Europe gas supplies this week. The DAX index retraced on Tuesday as market players continued to ponder corporate earnings, hawkishness by the European Central Bank and Federal Reserve, and the gas crisis in Europe. The index plummeted … Read more
The latest cryptocurrency credit crisis revealed DeFi protocols’ resilience compared to centralized lenders. Uniswap is among the platforms that stayed afloat amidst current intense market situations. Let us dig deeper. Up & Away Uniswap took a massive blow during the latest crypto winter, similar to the overall cryptocurrency sector. However, the recent relief phase with … Read more
FTX crypto exchange has decided to rescue Voyager, the sinking player in the crypto space. FTX CEO Bankman-Fried provided Voyager a resurrection plan that could aid the latter from deteriorating. Voyager suspended user transactions on July 1. Nevertheless, customers could cash out their money and receive investment refunds. Ready to Sail? Voyager Digital customers eventually … Read more
Briefly– ECB to debate a 50 basis point rate increase. Euro sees gains. ECB might surprise in all directions. The euro remains upside days before the financial meeting by the European Central Bank. The common currency surged across the board following a massive rebound after trading beneath parity last week when it slumped to 0.9950 … Read more
Terra Classic seemed dedicated to ensuring a massive comeback, though multiple roadblocks await. For instance, LUNC will meet supply challenges because of excess minting during the UST and LUNA crash. Meanwhile, Terra Classic wants to introduce a 1.2% burn to address the issue. Moreover, the latest update shows impressive progress on that front. Meanwhile, a … Read more
The crypto industry has flourished quicker, with new projects exceeding limits. Meanwhile, the constant growth and development mean you can find lucrative projects with 100X potential. For instance, Shiba Inu (SHIB) and Solana (SOL) presented staggering returns throughout 2021. These assets made many millionaires, and this content analyzes a new cryptocurrency project that might kick-start … Read more
Ethereum, the second-largest digital coin by value, remained within the bearish territory as it hovered beneath $1.1K during this publication. The token endured another 2% decline, approaching the crucial $1,000 level. ETH has had its price actions inside a range for some time. However, are market players enjoying profits in the prevailing market structure while … Read more
