The United States Federal Open Market Committee (FOMC) recently raised interest rates by a quarter percentage point. This move was taken to counter the effect of inflation on the world’s financial markets. Esteemed crypto analysts have projected that this rate hike could adversely affect several cryptos in the decentralized finance… Read more »
Despite the latest market crackdown, crypto projects are still making giant strides. While VeChain’s price has soared lately, Avalanche’s Ava Labs is bridging the gap between Web3 and gaming. Meanwhile, DigiToads, a meme coin project with wide utility, has emerged as a major contender in the altcoin market. Through captivating… Read more »
Avorak AI, a new AI crypto has been gaining traction in the crypto market. Analysts suggest that there is compelling evidence to show that this AI crypto will overtake Filecoin and Decentraland in 2023. What happened to Decentarand (MANA)? Decentraland, the Ethereum-based virtual reality project, has faced several challenges leading… Read more »
Cardano (ADA) and Solana (SOL) are two of the leading tokens hit the most by recent bearish sentiments, with their tokens to be delisted from a U.S. digital asset platform, Bakkt. Meanwhile, Sparklo, with no restraints whatsoever or allegations, is soaring in popularity and success as it continues to make… Read more »
Valuations have always been a big problem in the cryptocurrency sector. Concerns over Bitcoin (BTC) trading at a premium of over $2,000 in the US on Binance rattled the markets forcing investors to look elsewhere for gems trading at discounts. DigiToads (TOADS) is one of the tokens eliciting strong interest… Read more »
Every crypto season comes with an influx of new cryptocurrencies that compete to capture the attention of crypto enthusiasts. The large volume of cryptocurrencies sometimes makes it hard for many beginner cryptocurrency investors and experts to find valuable cryptocurrencies among those vying for investors’ attention. Choosing the right projects for… Read more »
With the bears firmly in control, there have been many predictions as to when the crypto market will hit bottom. According to a recent analysis by Avorak, this could happen around August. What is a bear market bottom? A bear market bottom refers to the lowest level at which prices… Read more »
Unique innovations have always been the bedrock of successful projects in any sector. This is the same for the crypto space, as some of the best-performing crypto projects got to the top by applying positive innovations to improve the existing blockchain technology. One of such projects which is presently making… Read more »
The volatile nature of cryptocurrency markets has been prominently displayed recently, with significant price swings becoming the order of the day. Amidst the turbulence, people often wonder which crypto to buy, considering the risks and potential rewards. The global crypto market cap has dipped below $1.10 trillion again, fueling a… Read more »
Investor sentiment towards Ethereum and Solana has been negatively impacted by recent developments in the market. The increasingly crowded blockchain landscape has introduced numerous competitors, such as Polkadot and Cardano, offering improved scalability, efficiency, and smart contract capabilities, all contributing to the shift in interest. For Ethereum, while it remains… Read more »