Hodlers

Paribus: Next Steps

Now that our Mainnet V1 is live some people may be thinking that it’s time for the team to put their feet up and enjoy a well earned rest. They couldn’t be further from the truth. Rather than this huge milestone signifying the end, it marks the beginning of our main work. Over the coming weeks we’ll be continuing our marketing and development at pace. As we progress we’ll be sharing more details of the next features and iterations we’ll be adding to the protocol. When we launched on mainnet

Assessing 1INCH’s prospects for growth over December

1INCH has seen its own share of ups over the past few weeks. During the initial half of October, this coin rallied from under $2 to $4.5. It briefly consolidated after that for a week and then registered a mammoth green candle on its chart on 27 October. That very day 1INCH was briefly seen exchanging hands around the $7.7 threshold. The next couple of weeks that followed saw this alt shrink in value. At the time of this analysis, 1INCH was trading 56% lower than its aforementioned local high.

Crypto Investor News for 11/17

Staples Center to be Renamed Crypto.com Arena (BBC): The tipping point has arrived. Investor takeaway: Expect everyone you know to suddenly become interested in crypto investing. We’ve gone mainstream. How India is Regulating Crypto (Economic Times): India will ban crypto for payments, ban crypto advertising, and allow crypto as investments. Investor takeaway: Overall positive news for us, as it gives a government stamp of approval on crypto investing. Thank you to India for taking the lead on thoughtful regulation. ConsenSys is Now Worth $3.2 Billion (ConsenSys): Celebrating its latest funding

COMP’s incentive crisis and what lies ahead for alt’s price

The DeFi space has accelerated at a pretty good pace of late, despite some setbacks in the first half of the year. In 2021 alone, the ecosystem reported a growth rate of over 20x. A lot of upcoming protocols like Abracadabra have made star entries recently too. Even so, platforms like Maker, Aave, and Compound are ruling the roost, still maintaining their spot in the top five in terms of total value locked.  Maker and Aave have had their fair share of price pumps over the last couple of months. However,

The Squid Game Cryptocurrency Scam – What Happened?

You may have heard of a new Netflix series making headlines, Squid Game took the world by storm and was quickly recognized as the most-watched show after hitting 111 million views in a month. The show is based within Korean culture and features a covert game show run for and by the elite. People who are deeply in debt are sourced and offered an opportunity to make billions, but when they arrive not all is as it seemed. The game features 6 rounds, each round is based on kids’ Korean

Amount of Bitcoin Stored on Exchanges at Lowest Point Since May 2019

On-chain analytics provider Santiment has reported that the supply of Bitcoin sitting on exchanges has fallen to levels not seen since May 2019. This is usually considered bullish as investors take BTC off exchanges when they’re in a position to hold and are not interested in selling. Santiment called it a “good sign of sell-off risk decreasing.” Bitcoin prices have been falling this week in the wake of a renewed crackdown in China and another round of FUD (fear, uncertainty, and doubt) that followed it. Since Monday, BTC prices have

Litecoin’s comeback is possible provided this happens

Litecoin’s price has seen its own share of ups and downs this month. However, of late, the downs have been more prominent than the ups on the charts. Inevitably, the alt’s market cap shrank. As a result LTC has slipped on CoinMarketCap’s rankings chart as well. The alt that was once a part of the top 10, occupied the 16th position at the time of writing. Barring one instance since 7 May, LTC was evidently trading below $200. In fact, its press time state was even worse with the alt

Cardano v. other alts: This combination could fetch traders a higher RoI

Bitcoin has desperately been trying to climb above the $48k mark since 14 August, but has been unable to do so. In fact, the king coin was trading at $47.2k at the time of writing. Most of the market’s alts have also followed Bitcoin’s scepticism and managed to fetch only single-digit returns to their HODLers over the past day. However, a couple of alts from the top 35 list managed to fare better than the broader market. Terra’s (LUNA) value, for instance, has appreciated by 31.1% in the past 24-hours

This is a good sign for Bitcoin Cash BUT….

For the first time since June, Bitcoin’s price slipped below the $30k level on Tuesday. This dip managed to stir chaos in the market. However, the king coin was quick to recover and was trading just under $32k, at press time, thanks to the hype associated with the B Word conference. To put it in the words of Changing Zhao of Binance, “The market likes to play with our emotions.” Bitcoin’s 6.2% hike over the last 24 hours was well reflected in the one-day RoI of most alts. In fact,