Pudgy Penguins, initially known for its NFT collection, has evolved into a cultural phenomenon, boasting a massive online community and real-world recognition. The project recently launched its official coin, PENGU, aiming to further engage its extensive fanbase and introduce new audiences to the crypto space. With a strong presence in...
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...
Initially built to provide a better connection between the traditional financial ecosystem and the digital assets landscape, stablecoins have exponentially grown their prominence. Unlike other cryptocurrencies, these cryptocurrencies keep a stable value by pegging themselves to a fiat currency or commodity. Recent figures show explosive adoption of stablecoin transaction volumes,...
Qubetics is rapidly emerging as a significant player in the blockchain arena, providing innovative decentralized finance (DeFi) solutions and tokenization features. By leveraging blockchain technology, Qubetics is creating new opportunities for businesses and participants, enabling them to tokenize both physical and digital assets. Further, the security and interoperability that the...
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...
Zcash (ZEC), a privacy-centric cryptocurrency, has surged past a major supply region after consolidating since the beginning of February. ZEC’s price pumped to $45.80 on HTX crypto exchange. That’s the highest level since January 26th. This breakout is increasingly looking like a market-pivoting move following several months of consolidation.Roughly six...