Where is Ryoshi? The anonymous founder of Shiba Inu, Ryoshi, finally breaks his silence after a year of silence. He took down all Shiba Inu blogs, including the original one, ‘All Hail the Shiba.’ All four SHIB blogs have been erased from the Medium platform, the web page now reads “410.” Ryoshi deleted all his tweets and blogs. Ryoshi Disappears into thin...
Nansen's report just invalidates the popular narative that one hostile party responsible for the crash of Terra’s LUNA and UST. His report focused on transactional data between 7th & 11th May, 2022; There are 7 wallets played a role in the depeg of UST. Summary Of Nansen's Report: "Our on-chain investigation revealed that a small number of players identified...
The Ethereum beacon chain experienced a 7-block deep reorg on May 25, 2022. Hence, the network begun producing blocks uninterrupted, according to block explorer BeaconScan. It means that for a brief moment the Beacon Chain had been forked, and blocks of transactions were being processed on yet another parallel version of the Beacon Chain. To avoid reorgs...
Ether futures saw liquidations nearly double that of bitcoin. Ether futures lost $236 million while bitcoin futures traders lost $125 million. Bitcoin and ether lost pivotal support levels in the past 24 hours amid intensified fear sentiment for the crypto market, costing over $520 million in liquidations. Analysis: Support at current levels $1,710.97 &...
According to the correlation analysis, BTC and LUNA have no or negligible relationship. The correlation coefficient of their values is -0.04, which was calculated based on the previous 100-days' price dynamics of both currencies. This coefficient may change from -1 to 1, where -1 is the strongest negative correlation, 0 is no correlation at all and 1 is the...
Bitcoin Historical Fibonacci Pattern 1. April high - 76.39 Fib level (Resistance). 2. July low - 26.31 Fib level (Support). 3. Aug & Sept - 50 Fib level (Resistance). 4. October - 50 Fib level (Support). History doesn't always repeat itself but it does often rhyme. Bitcoin painting 9 consecutive negative red weeks. The first cryptocurrency (Bitcoin)...
Exchanges Supports: Birtue to be the first exchange to launch $LUNA 2.0 trading on May 27, 2022. MEXC exchange to buy back & burn $LUNA using LUNA/USDT spot trading fees. Huobi exchange confirms support for Terra on the $LUNA 2.0 recovery plan. Terra Ecosystem Revival Plan 2 This will be a living document to coordinate the new network launch with the...
There are times things in crypto can be absurd. Luna’s popularity was due to Anchor Protocol’s lending program, which promised annual yields of almost 20 percent. Terra crashed, and Anchor Protocol’s token ANC pumps above 300% in the last 24 hrs. Analysis (Fibonacci Extension): Anchor Protocol facing strong resistance @ 100% Fib Ext. level - A repeat of the...
TERRA-LUNA's community seems to be its greatest asset right now - This suggests why it has performed in ways that not many other Cryptos have in recent time. Luna Foundation Guard Report: The Foundation is looking to use its remaining assets to compensate remaining users of $UST, smallest holders first. As of Saturday, May 7, 2022, the Luna Foundation Guard...
To everyone who lost their investment in LUNA & UST, “I also once lost my investment. While I can’t know exactly what you’re going through, I do empathize.” -After a massive crash, LUNA appears to be on the path of recovery as Do Kwon submits a revival plan for Terra. The Terra community must reconstitute the chain to preserve the community and the developer...
Technical Analysis: 1. Bitcoin finally broke the trendline support of the ascending channel . 2. MicroStrategy ( MSTR ) reached a new high 9th Nov 2021 while Bitcoin attained new all time high 10th Nov 2021. 3. MicroStrategy broke downward the ascending channel support 27th April, 2022 while Bitcoin ranged its ascending channel until 5th May before finally...
Technical Analysis: 1. Bitcoin ranged in the channel from May 2021 till July 2021 before it broke out & rallied to new all time high ($68,721) in November 10, 2021. 2. Bitcoin is repeating chart pattern similar to (1). Bitcoin has been ranging within the current channel since January 2022. Fundamental Analysis: 1. The fundamental factors were more favorable in...
Technical Analysis: 1. Bitcoin failed retest of 100 SMA & 50 SMA resistance again. 2. Bitcoin psychological support seems weak after printing this month's high. 3. In the short term, bears are in control - How long will this continue? 4. If Bitcoin loses this level, the next crucial level of support is at $37,000. 5. Bitcoin need to flips 100 SMA & 50 SMA...
Technical Analysis: 1. Crypto Total Market Cap Weekly True Strength Indicator still bearish. 2. Repeated failures of technical analysis during this uncertain time are cause by the fundamental factors below. Fundamental Analysis: 1. Fed Jerome Powell says a 50 basis point hike possible for May; his hawkish disposition today causing flash crash in the market. 2....
TECHNICAL ANALYSIS: 1. Bitcoin to retest the 50 SMA & 100 SMA resistance. 2. If Bitcoin successfully flips 50 SMA & 100 SMA to support, it will have the historical 200 SMA resistance to contend with. 3. Until Bitcoin flips historical 200 SMA resistance to support, the bull run is not yet confirmed. FUNDAMENTAL ANALYSIS: These Fundamentals Are Affecting Market...
TECHNICAL ANALYSIS: 1. Bitcoin rejected by the 200SMA historical resistance. 2. Bitcoin currently failed retest of the 50 SMA & 100 SMA support. 3. Bitcoin is still affected by the market conditions uncertainties. FUNDAMENTAL ANALYSIS: These Fundamentals Will Affect Market Conditions - Watch out for these dates: 1. CPI Report 12-04-22. 2. JP Morgan Earnings...
Technical Analysis: GMT testing the support @50SMA. A cool off period is good for a new tokens introduced with exceptional rally of 267X. Price action has been respecting this bullish channel. The bulls are in control now, but will this continue? GMT's market cap is relatively low when compared to other projects - This may cause some extra volatility. If 50 SMA...
Technical Analysis: 1). CRYPTO TOTAL MKT CAP & NASDAQ (IXIC) currently facing strong rejection @200SMA historical resistance. 2). 200 SMA is the all important historical resistance Bitcoin, Ethereum & Nasdaq must break asap for the bull run to continue! Which one will flip 200 SMA resistance to support first - Bitcoin, Ethereum or Nasdaq? 3). If Bitcoin flips...