‘Legacy’ NFT prices are soaring, but exactly what makes a collection a blue-chip?

Blue-chip NFTs is a popular buzzword one will find strewn across Twitter and various crypto media. The term, “blue chip,” is borrowed from traditional finance where stocks that are considered to be the well-established extension of corporations known for their quality, reliability and financial stability. But, exactly what are blue chip NFTs and how are […]

Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices

Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course of action to help curb rampant inflation.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) hit […]

Cardano daily transaction volume surges, but ADA prices slump

The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process, according to Messari. Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics firm Messari. With Bitcoin (BTC) at $18.85 billion and Ether (ETH) […]

Crypto prices enjoy a solid March relief rally. But, how and why?

After a rocky start to the new year, March may finally have set the crypto markets back on an upward trajectory. Back in February, news of the war between Russia and Ukraine created significant opportunities for traders to reenter the market at diminished prices. This did not last long, however. The market soon began to […]

Bitcoin Whales’ Exchange Withdrawals Hint at 5-Digit Prices in July

Bitcoin (BTC) investors should buy BTC when whales do one thing in particular — bull runs begin several months later. That was the latest insight from Ki Young Ju, CEO of on-chain analysis resource CryptoQuant, who revealed that when whales withdraw Bitcoin from exchanges, it’s time to enter the market. Analyst: Buy BTC before whale […]

Ethereum Price’s Chart Looks “Ominous” After $250 Rejection

Like Bitcoin and most other top cryptocurrencies, the past few weeks have been stagnant for Ethereum. The cryptocurrency has consolidated around ~$230, failing to breakout in either direction. Stepping back, though, analysts are saying that ETH’s chart looks bearish. One analyst went as far as to say that the cryptocurrency is currently in an “ominous” […]

Cryptos on Coinbase’s New Exploratory List See Prices Jump 17% on Average

Coinbase is looking at opening its doors to a range of new digital assets and the speculation is having an effect on their value. It would appear investors are valuing Coinbase’ Digital Asset Framework when looking at potential listings for the exchange as most assets are up between 8-25% with an average of around 17%, […]

Oil Prices Fall May Be Precipitated by Postponement of OPEC+ Meeting

The price of oil showed promise in the past few weeks when it became obvious that the global lockdown would be lifted. However, now the prices are falling. The postponed meeting of OPEC and non-OPEC allied loosely known as OPEC+ has been identified as the reason behind the fall in the price of Brent crude […]

Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations

Venezuela has announced that petrol stations across the nation will sell gasoline at a reduced price in exchange for the country’s state-issued, oil-backed cryptocurrency, the Petro. However, the announcement comes alongside the removal of local petrol subsidies that will see the price of gasoline spiking from close to nothing to $0.02 per liter. Venezuela introduces […]

Tesla (TSLA) Stock Down 1% Now, Company Cuts Prices for New Cars

Tesla (TSLA) stock is down in the pre-market. Meanwhile, the company announced that it has slashed the price for its Model 3, Model S, Model X in North America and also reduced the price for its Model S and Model X in China to gain some competitive advantage. California based Electric vehicle maker Tesla Inc […]