After weeks of warning traders that bitcoin was going to dump hard because of a major technical break, the largest crypto has hit our first short target. $20,000 is a major zone people have been watching as it was the previous highs back in 2017. A picture is worth a thousand words, so the weekly… Read More »Bitcoin hits our first target! Is $12,000 next?
The post Bitcoin hits our first target! Is $12,000 next? appeared first on Equity.Guru.
You really have to wonder at the audacity of some of these cryptocurrency types, don’t you? It’s not even two weeks after LUNA collapsed, forcing UST to depeg from the dollar, and the whole algorithmic stablecoin project to come crashing to the ground. Now Do Kwon, the man behind the Terra blockchain, has rolled out… Read More »The cryptocurrency guide for the perplexed: The strange death and resurrection of Terra (LUNA)
The post The cryptocurrency guide for the perplexed: The strange death and resurrection of Terra (LUNA) appeared first on Equity.Guru.
Bitcoin and cryptocurrency fans have a reason to celebrate. From a technical analyst perspective, the bottom has been confirmed. What happens in the next few days becomes highly important for bitcoin and the cryptocurrency space. Luna 2.0 has been the talk of the crypto space in recent weeks. Well, news today states that Luna2 surges… Read More »Bitcoin bottom confirmed?
The post Bitcoin bottom confirmed? appeared first on Equity.Guru.
Bitcoin and cryptocurrency fans have a reason to celebrate. From a technical analyst perspective, the bottom has been confirmed. What happens in the next few days becomes highly important for bitcoin and the cryptocurrency space. Luna 2.0 has been the talk of the crypto space in recent weeks. Well, news today states that Luna2 surges… Read More »Bitcoin bottom confirmed?
The post Bitcoin bottom confirmed? appeared first on Equity.Guru.
Wellfield Technologies (WFLD.V) closed their acquisition of New Bit Ventures, a cryptocurrency exchange doing business as Coinmama, late last week. Based in Israel, Coinmama was founded in 2013 and has grown through sales of approximately $130 million in 2021 through the development of a global platform for buyers and sellers of digital currencies using everyday… Read More »Wellfield Technologies (WFLD.V) and Coinmama and the headwinds of change
The post Wellfield Technologies (WFLD.V) and Coinmama and the headwinds of change appeared first on Equity.Guru.
By now you’re probably well aware that Terra (LUNA) and its attendant algorithmic stablecoin TerraUSD are dead in the water. LUNA’s blockchain has been halted directly with its price propped up a little above zero by people who haven’t gotten the memo, and TerraUSD is now trading at $0.12, having depegged from the US dollar… Read More »A view to a death spiral: the LUNA and TerraUSD story
The post A view to a death spiral: the LUNA and TerraUSD story appeared first on Equity.Guru.
The truth about most stablecoins is that the organizations behind them are rarely stable. That’s not to say the asset doesn’t somehow don’t hover around their associated price point, but that the organizations behind them are subject to instabilities that could otherwise compromise their stability. Consider Tether. It’s governance structure and its claims to be… Read More »The cryptocurrency guide for the perplexed: Terra and TerraUSD
The post The cryptocurrency guide for the perplexed: Terra and TerraUSD appeared first on Equity.Guru.
Nothing left to load.