A profitable trading day is really hard to come by. Especially when an American billionaire investor (Yes, Charlie Munger) has just called for a ban on cryptocurrencies. Funnily enough, 14 hours (at press time) after his statement to CNBC, the market was nowhere near its doomsday. In fact, Bitcoin [BTC] was trading in the upperContinue reading “Ethereum [ETH] capitulation soon? Look at these PoS metrics first”

On the morning of 12 January, the markets patiently awaited U.S. CPI data for the month of December. Investors, across the board, expected inflation to go south of 7% – Well, for the very first time since November 2021. Keeping the U.S. Fed’s strong commitment to lowering inflation in focus, I asked ChatGPT “How wouldContinue reading “I asked ChatGPT Bitcoin’s price prediction and it gave me a wonderful answer”

There is something unequivocally spellbinding about the bear market. It reveals investors’ prudence and flushes out faint-hearted tourists. You can look at it as a catharsis of sorts. Above all that, it also reveals a lot of character. Both good and bad. In a hawkish environment, you see retailers spewing hate at bear-mongers. And, inContinue reading “Caroline Ellison, hate, misogyny, FTX, and the media – Making sense of it all”

Every day is a blessing, but you woke up this morning feeling frustrated looking at the sickening price charts. Your attempts to make a wise trading decision with proper risk evaluation seemed to be taking a back seat. And, the only real friend accompanying you on this arduous journey was Mr. ‘Loss.’ In the sheerContinue reading “FTT collapse post-mortem — How FTX was ‘led by kids’ with ‘no experience’”

ADA’s price has soared in the past few weeks. Cardano’s coin has seen a 27.20% rise in its prices since 26 July. With the Vasil hard fork just around the corner, there is a possibility that the price will continue to rally till the completion of the hard fork is announced. Well, this is notContinue reading “Cardano [ADA] holders would find themselves happiest as…”

If there is one thing Dogecoin [DOGE] investors may have agreed upon lately, it might be to push the meme token to $0.1. This is because the Elon Musk-backed cryptocurrency has defied all odds despite the momentum of the entire crypto market. With Bitcoin [BTC], Ethereum [ETH], and other top cryptocurrencies failing to register substantialContinue reading “Is $0.1 on the cards for Dogecoin holders? Answer might surprise you”

Back and forth— that has been the momentum of Bitcoin [BTC] since it hit $25,000 on 15 August. While investors may have hoped for a further uptick, it has not been the case that BTC consolidated around the $23,800 support level. Earlier, there had been talks of BTC showing bearish momentum as these projections emergedContinue reading “Decoding if Bitcoin is headed for a $32k run in coming days”

In July, the exchange token of the largest crypto exchange, Binance Coin [BNB], struggled. Despite reviving from its low levels in June, when it went as low as $192, BNB could not revert to its price in May. However, investors would have given BNB its accolades for its July performance as it closed the monthContinue reading “Binance Coin [BNB]: Will these signals lead the light to $400”

Curve Finance [CRV], the on-chain liquidity exchange, was attacked in what was termed a “DNS cache poisoning” on 9 August. This exploit capitulated CRV as the price plunged from $1.48 on 8 August to $1.25 on the event day. Surprisingly, the coin picked up and increased to $1.42 on 11 August. On the same day,Continue reading “Curve Finance’s [CRV] condition after a $450,000 exploit recovery”

Recently, Bitcoin’s [BTC] fight to reach $24,000 has been met with defeat. This was the case when it reached $24,800 on 11 August after an almost 10% uptick from Wednesday (10 August). It was a similar case on 30 July when it hit $24,500 with investors hoping $25,000 was unavoidable. However, BTC investors may likelyContinue reading “BTC futures market liquidation has these tips for BTC long-term holders”

Over the past few months, the crypto market witnessed a severe downfall, marking the year’s lowest in mid-June. The king of all cryptos’ Bitcoin, also could not evade the effects of the crash and touched its 2022 low of $17,700 on 20 June. However, since the last negative growth, BTC has gained an uptrend andContinue reading “Bitcoin: Stacking sats in your portfolio? Expect this in coming months”

Ethereum Classic [ETC], the hard fork result of a 2016 Ethereum [ETH] split, does not seem to be out of touch with the altcoin king. Just a few hours after ETH completed the Goerli testnet, ETC rode to another high.  In July, ETC hit a three-month high after ETH passed the previous testnet stage beforeContinue reading “Assessing what ETH Merge could bring for Ethereum Classic”