Dogecoin and Shiba Inu are undoubtedly the most popular meme cryptocurrency in the market, seeing tremendous growth both have experienced over the years. Dogecoin, a meme-inspired cryptocurrency, reached a new high of approximately 73 cents. Dogecoin has become one of the most talked-about cryptocurrencies, with its price up over 12,000 […]
Author: Will Izuchukwu
Over $590 Million of Long Positions Got Liquidated as Traders Rushed Into Bitcoin Price Rally
Bitcoin’s price has risen by over 8% in the last seven days, going beyond $31,000 over the weekend. On Tuesday, it was trading near $32,000, a considerable gain from earlier month’s six-month low. It’s worth noting that this is the first time bitcoin has surpassed $31,000 since early May. Over […]
Stablecoins No Longer Stable – DEI Loses Its Peg, Falls Below $0.4
Imagine waking up and finding out that you’ve lost over 60% of your supposed savings. Last month, Investors lost more than 99% of their savings in the UST-LUNA collapse, which shook the entire Crypto space. Over $800 million worth of cryptocurrency long positions were liquidated in one day. This is […]
Terra Classic (LUNC) vs. Luna 2.0 (LUNA)
A few weeks ago, Terra (UST-USD), the third-largest stablecoin in the crypto market, was delisted from the US dollar and crashed along with its reserve asset, Luna (LUNA1-USD). This is after experiencing a massive sell-off of over 99% of its value, resulting in Investors losing all their funds and life […]
Reasons For Bitcoin And Ethereum’s Recent Price Spikes
The broader crypto market has rebounded, with Bitcoin climbing back to $31,000 and beyond. Ethereum is attempting to break through the $2k barrier. After nine consecutive weeks of losses for Bitcoin, the crypto market recovered remarkably. Due to Sentiments, the Market Is Dull Cryptocurrencies have traded like tech stocks rather […]
What’s the Big Deal With Fashion NFTs
Non-fungible Tokens (NFTs) are digital files such as jpg, png, mov, or 3D fashion files minted (connected) to a blockchain. The term “non-fungible” refers to a one-of-a-kind digital asset. This is in contrast to cryptocurrency (Fungible). NFTs are controlled and authenticated as digital assets via digital ledgers or blockchains. They […]