The crypto market moves fast. Earlier this month, PENGU, the utility token associated with the Pudgy Penguins NFT collection, was a great example of this volatility with its dramatic rise and fall in value. BlockchainShock takes a deep look at what’s driving PENGU’s price movements up and down. This analysis...
XRP has been on a spectacular price run these last few days, hitting a 7-week high yesterday. This rally can be attributed to a few important reasons. Speculation surrounding a possible BlackRock investment in XRP, favorable developments in Ripple’s lawsuit against the SEC and improving US-China trade relations are all...
The cryptocurrency market is in the midst of a crypto-mania, with Bitcoin just crossing the magic $104,000 mark. This rally seems to be powered, at least in part, by rosy news coming out US-China trade negotiations. BlockchainShock takes a closer look at how crypto responds and speculates due to major...
The world of cryptocurrency is always changing, creating new opportunities as well as new risks for investors. As you know, figuring out which crypto will be the next big thing isn’t easy, especially now with literally thousands to choose from. If you’re wondering which cryptos offer low barriers to entry,...
The world of cryptocurrency and blockchain is dynamic, with new changes and ideas developing every day. One interesting development to keep an eye on is the emergence of “dark” stablecoins. Though they may bring increased privacy, they present great dangers to the overall financial system. At BlockchainShock, our goal is...
Zcash (ZEC), one of the most popular privacy-focused cryptocurrencies, has been galloping upward recently, bringing investors and crypto enthusiasts on this wild ride. According to BlockchainShock.com market sentiment analysis, the digital asset has cleared out major resistance points. This uptrend, if confirmed, could be a harbinger of a bullish trend...
New Solana meme coins are arriving daily — the market is hot! This exciting growth is powered in great measure by the increased visibility and backing provided by Binance Alpha. BlockchainShock has noticed a tremendous increase in interest, especially around coins such as MOODENG and GOAT. In this article, we’ll...
The cryptocurrency market is no stranger to volatility. It’s true meme coins have caused incredible wealth to be created, similar to many other cryptos. Undoubtedly, one of the recent tokens making waves in this regard is Floki Inu (FLOKI). We’ve seen some analysts calling for an explosive 18x rally following...
The cryptocurrency market has experienced intense volatility and surging growth in recent weeks, making many investors curious as to what is causing the action. Are the possible Federal Reserve rate cuts helping to drive the increase? Or is it the specter of stagflation driving folks to Bitcoin’s door? Or just...