When the market crashes, investors usually watch Bitcoin with frantic eyes – but everything is different this time. A Terra-fying saga is in progress, which saw Terra [LUNA] lose more than 95% of its value in a day to trade at $0.1194 at press time. If that wasn’t painful enough, the stablecoin TerraUSD [UST] wasContinue reading “As TerraUSD [UST] careens out of control, is Tether [USDT] headed the same way”
Latest Articles from Sahana Venugopal
As the crypto market reels from the latest bear attack, how is one controversial top-ten coin dealing with more turmoil and conflict? XRP did produce a green candle earlier but on 11 May, a red one was taking shape. Can XRP beat the odds or is it destined to sink with the rest? Final destination AtContinue reading “XRP whales look for their final destination as traders go haywire”
The market’s latest stumble left Bitcoin trading at $31,456.23 while Ether was changing hands at $2,367.80. Naturally, altcoins are having a difficult time at the moment, but some tokens that usually suffer along with ETH are NFT-related assets. In particular, ApeCoin [APE] has been seeing a lot of fluctuation in the past few days, so it’sContinue reading “ApeCoin [APE] to swing high or stumble even lower? Metrics have the answer”
Can you hear the guns being loaded? That’s the sound of battle intensifying as there are only three stablecoins holding their places among the top ten cryptos by market cap. These were Tether [USDT], USD Coin [USDC], and Binance USD [BUSD]. It might look like USDC is the clear winner when compared to BUSD, butContinue reading “Terra-fying war rages as USD Coin [USDC] and Binance USD [BUSD] battle it out”
As Bitcoin crashed below the $32k support level, panic took hold of the market and alt coins began to violently plunge as well. This time, even the stablecoins were not spared as TerraUSD [UST] dropped as low as $0.6879, and was trading at $0.9006 at press time. This understandably caused quite a FUD storm, asContinue reading “UST goes rogue, but Neutrino USD [USDN] ‘depeg(s)’ a different story”
If the crypto market was looking a little red before, at press time it was closer to the blood-gushing elevator scene from The Shining. With Bitcoin trading at $31,720.36 and Ether changing hands at $2,368.71 it’s natural that both Bitcoin and altcoin holders are panicking at the moment. However, one coin seems to be holding itsContinue reading “TRON: Decoding the odds of TRX defeating the market trend”
Waking up and checking the crypto market stats this morning must have been like stepping into a crime scene for many. Yet, the market is what it is and investors can do naught but stare at their red portfolios in dismay, wondering when the bears will be gone for good. That being said, there areContinue reading “Here’s why IOTA [MIOTA] seems to be defying the odds in a market crash”
As Bitcoin [BTC] and Ether [ETH] fell by more than 8% and 6% respectively, in a day, investors’ emotions have understandably been in a state of flux. While most of the top 100 alts took severe hits on their prices as well, some felt the selling pressure more than others. According to Santiment, one suchContinue reading “Chainlink: Can LINK’s ‘strong & oversold’ view help to stage a recovery”
Looking at the charts for the top 100 cryptos today, you would have likely seen a lot of near vertical drops in price as Bitcoin tumbled down by 8.20% in the last day to trade at $36,339.18 at press time. Meanwhile, Ether [ETH] dropped by 6.93% to hit prices of $2,728.08. However, it’s all too easyContinue reading “AXS, SAND, MANA: How did the metaverse tokens react after the latest correction”
Admit it – Bitcoin’s rally slowed down and went into reverse and maybe you found yourself not just losing faith in cryptos, but also metaverse tokens and NFTs. Maybe you even wondered if the NFT era was over. However, a report by Chainalysis provided a wealth of information about the NFT scene and how it isContinue reading “Bitcoin under $37k but Chainalysis report says this sector isn’t out of the game yet”
The latest fashion trend in crypto is in and that’s why you’re seeing red stripes everywhere – vertical, not horizontal, mind you. As Bitcoin plunged by 8.43% in a day to reach its press time price of $36,369.84 and Ether dropped by 6.92% to trade at $2,737.81, other alts also slipped down the charts. One largeContinue reading “Solana sees biggest daily loss among top 10, but here is a reason for hope”
With Bitcoin and Ether finally turning green, it seems like the other alts were also exploring greener pastures. Yet, the market was still filled with fear and this has exerted its own influence over investors’ decisions. While the top ten coins saw intra-day rallies, one performer that surprised many was none other than Cardano [ADA].Continue reading “Cardano [ADA] stages a 10%+ rally but there’s something you should look out for”