The first ever BRC-20 token Ordinals (ORDI) has experienced a significant surge of +32% recently, breaking out of a period of consolidation. However, despite this impressive rally, there are concerns that the price could retrace and threaten the overall market structure. Investors are now wondering whether it is too late to buy ORDI and whether
Analysis
Bitcoin mining has experienced a resurgence in recent years, with the hash rate reaching all-time highs and mining operations expanding rapidly. However, this growth has also led to concerns about centralization within the mining industry. In this article, we will explore the current state of Bitcoin mining and the challenges it faces. We will also
In recent months, spin-off tokens launched by decentralized exchanges (DEX) have been capturing the attention of investors with their jaw-dropping rallies. The latest token to skyrocket is DONK, which has experienced a staggering 4.5x price pump. This trend of explosive moves in DEX-traded tokens has been fueled by the fear of missing out (FOMO) among
Osmosis (OSMO) is a decentralized exchange (DEX) built on the Cosmos (ATOM) blockchain. It has recently experienced a significant price surge of over 25%, capturing the attention of investors. However, as the price enters a localized retracement, the question arises: is it still a good time to buy Osmosis? The explosive price action of Osmosis
The crypto market has been experiencing a period of cautious trading and consolidation, with major cryptocurrencies like Bitcoin and Ethereum seeing minor price fluctuations. Bitcoin is currently trading at around $41,960, down a mere 0.17% in the last 24 hours, while Ethereum hovers around $2,229, experiencing a dip of 0.26% over the same period. Despite