For weeks, bored and frustrated bulls watched Bitcoin bounce between $39,000 and $42,000 while hoping that it would shatter the resistance level soon. Their wish came true on 24 March as the king coin finally crossed $44,000. But is this another false alarm? Or a sign that Bitcoin is now on its way to biggerContinue reading “Could Bitcoin shatter the $50,000 resistance soon? Metrics are flashing…”
Latest Articles from Sahana Venugopal
Bullish investors were over the moon when Terra [LUNA] enjoyed a brisk rally that took it from $50 to over $100 in a matter of days. Even in its recent report about the asset, Messari tweeted that LUNA had “firmly planted itself on the moon.” However, before you whip out your wallet and get ready forContinue reading “Amid LUNA’s trip to the moon and Terra’s exploding TVL, watch out for this”
Can you get a second chance at success? That’s what many Axie Infinity investors are wondering as one of crypto’s most popular and hyped-up NFT-based games announced some high-level changes to its inflationary economics. Now, can the performance of Axie Infinity’s Smooth Love Potion [SLP] token used for breeding new Axies tell us something newContinue reading “Assessing if Axie Infinity and SLP have a second chance at success”
Is Solana still the shining sun in the sky and Ethereum killer it was prophesied to be? No one knows for sure but a new partnership and some metrics reveal the latest details. Know your worth After months of swimming in the red, the ninth biggest crypto by market cap crossed the psychological price ofContinue reading “Solana gets its game face on, could it be ready to launch into the GameFi industry”
Crypto investors checking out Messari’s charts and stats may have expected to glimpse Bitcoin or Ethereum at the top of the rankings when it came to 24-hour transaction volumes. However, many were stunned to see that the top crypto was sometimes Cardano, with ADA’s 24-hour transaction volumes often coming in above Bitcoin itself. While someContinue reading “Here’s why ADA transaction volumes surpassed those of Bitcoin”
Delay, frustration, and a fear that things will never end. . .no, this isn’t a traffic jam we’re talking about, but SEC vs. Ripple case. Ripple officials and XRP holders may be eagerly waiting for the proceedings to end but until then, hurdles and delays seem to be the theme of the year. I’ll make securityContinue reading “SEC v. Ripple: SEC’s new filing to redact notes by its own officials draws public ire”
Bitcoin seems attached to the 40k mark of late. But as bulls wonder when they can restart their run to a new all-time high, we need to pull back the curtain to understand what’s going on in the king coin’s ecosystem. Yearning and longing Santiment’s average exchange funding rates indicated investors were consistently longing theContinue reading “BTC: Assessing how liquidations might have been behind fall in price”
Real estate has gone virtual and now, your next summer or winter home could be in the metaverse. As virtual land plots sell in the millions and estimates suggest that $1 billion in sales is plausible this year itself, some analysts are naturally worried that a correction – or a crash – could be on theContinue reading “NFTs, Metaverse may be going ‘Apesh*t,’ but you should be careful about… “
Here’s a riddle for you – Name a country that has come down hard on Bitcoin mining, literally speaking. If you vaguely remember a certain Southeast Asian country driving a roller over thousands of pieces of crypto-mining hardware, you’re on the right track. But now, could Malaysia be looking to legalize cryptocurrency? Malay says yayContinue reading “Malaysia: Is there any truth to possible pivot towards crypto-legalization”
How many times can you survive a near complete devastation of the self? This might sound like a spiritual question, but it has a lot to do with crypto as well. Today, we’re talking about one meme coin in particular. Please don’t pet me, I bite Emerging sometime in mid February 2022, Spook Inu [SINU]Continue reading “Why Spook Inu’s near 100% crash is spooking everybody in the space”
Investors and developers are often two sides of the same coin – literally. While there’s a tendency in the crypto industry to judge an asset and its future prospects by its price alone, development activity and developer interest are other powerful indicators to track. An exchange of emotions Data from Santiment revealed that Uniswap wasContinue reading “Price down, dev activity up: what Uniswap has been up to these days”
If Sherlock Holmes ever decided to solve a mystery within the crypto community, his first one might be the curious case of PlanB and the $100k Christmas of 2021 that never came. Now, as the first quarter of 2022 slowly comes to a close, let’s check on the pseudonymous creator’s Bitcoin stock-to-flow model to seeContinue reading “Plan B’s Bitcoin at $100k has been pushed back by around…”