The cryptocurrency market is facing intense fear, uncertainty, and doubt (FUD), with sentiment around several top assets at extreme bearish levels. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) have all suffered significant declines, pushing traders into panic mode, but history suggests a potential bottom may be near. Market Sentiment Hits Rock Bottom According...Read More
Inflation in the US climbed more than anticipated, which rattled the crypto market. Bitcoin initially dropped to $94,000 but staged an unexpected recovery by rebounding to $98,000 before settling at $96,000. As discussions around “CPI” reached their highest level in 15 months, data suggest that this could very well be a classic case of “sell...Read More
Coinbase has responded to allegations of unjust account restrictions following weeks of heated discourse on X. The exchange’s support account, @CoinbaseSupport, posted a detailed thread addressing the situation. Support Clears Out the FUD The controversy began after several users on X shared screenshots showing notices from Coinbase indicating transaction restrictions. One user tagged Sean Clarke,...Read More
The probability of losing funds through investing or trading to the point where it is no longer possible to recover the losses is termed as the risk of ruin. The “probability of ruin” is as high or higher than the probability of booking a profitable trade. However, it gets interesting when you think of recovering...Read More
Ever since the largest cryptocurrency in the world began its bullish swing a month ago, it has breached the $12,000 mark a few times with each attempt succeeded by a big push down and thus placing Bitcoin into a FUD-feedback loop. FUD stands for fear, uncertainty and doubt, and it’s quite a common occurrence in...Read More
The world’s sixth largest crypto asset had a birthday over the weekend. On October 7 2011, Litecoin was released via an open-source client on GitHub, the LTC network went live a few days later on October 13. It is now eight years old and has outlasted countless other crypto assets yet still receives a disproportionate...Read More