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Market Analysis Intermediate

Market Analysis 23-29 May: Bitcoin Bear Flag Pattern, Ethereum Death Cross Imminent, and LUNA 2.0

Reading Time: 7 minutesBTC and ETH Price Movement 23-29 May 2022Bitcoin daily chart with a bear flag that potentially pushes the price to $12k US dollars.Over the past week, we have seen BTC form a fractal and move sideways. However,…
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Bitcoin Intermediate

Understanding DeFi in Bitcoin and How it Works

Reading Time: 5 minutes Who doesn’t know DeFi, or decentralized finance? Decentralized Finance or DeFi is a financial application ecosystem based on blockchain that can operate without a central authority such as a bank or other financial institution. DeFi is…
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Market Analysis Intermediate

Market Analysis May 16-22: BTC Closes in Red for 8 Weeks in a Row & Ethereum ‘Merge’ to Launch in August 2022

Reading Time: 5 minutesBTC Price 16-22 MayOver the past week, Bitcoin (BTC) has moved sideways within a price range of US$28,500 to 31,500. As of last week, the support level was still at around 30,000. If BTC breaks through this…
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Altcoins Intermediate

What Happened to Terra (LUNA) and UST?

Reading Time: 10 minutes TerraUSD, an algorithmic stablecoin from Terra, the second-largest DeFi ecosystem after Ethereum, depegged and collapsed last week. UST, whose value is supposedly pegged at 1:1 with the US dollar, fell to only 0.06 US dollars as…
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Market Analysis Intermediate

Market Analysis May 9-15: BTC Very Close to Bottom & Terra Announces Revival Plan

Reading Time: 7 minutesThe latest data from the Consumer Price Index (CPI) released Wednesday (11 May 2022) showed an 8.3% increase in the consumer price index compared to April 2022. This increase was 20 bps lower than last month. However,…
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Market Analysis Intermediate

Market Analysis 1-7 May: The Fed Raise Interest Rates by 50bps, Crypto Market Weakens

Reading Time: 6 minutesBitcoin (BTC) Price Movement 1-7 May 2022Weekly Bitcoin charts with Macro Higher Low (HL) line and green test zone.After the Fed meeting on May 3-4, we see the equity and crypto markets rally the next day. The…
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NFT Beginner

NFT Environmental Impact: Pros and Cons

Reading Time: 8 minutesNFT is one of the new trends that has successfully attracted thousands of people into the industry. From NFTs filled with cute cat and monkey avatars to artistic artworks that are worth millions of dollars. NFT Collectors…
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Altcoins Beginner

Introduction to DeFi in the Terra Ecosystem

Reading Time: 8 minutes Terra is a cryptocurrency with a specialized ecosystem to meet the needs of digital payments and the DeFi protocol that offers various financial services. Terra’s financial ecosystem is built on its algorithmic decentralized stablecoin, Terra USD…
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Altcoins Beginner YFI

What is Yearn Finance (YFI)?

Reading Time: 6 minutes Decentralized Finance (DeFi) is a decentralized financial ecosystem in the crypto world that is regarded as a game-changer in the financial industry. Users can use DeFi to get far greater interest rates than traditional financial institutions…
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Altcoins Beginner

What Is Terra (LUNA)?

Reading Time: 6 minutes The digital payments industry is one of the fastest-growing sectors in Asia with multiple big players such as Apple Pay, Samsung Pay, Kakao Pay, Alipay, and more than 45 others. In Indonesia, large companies such as…
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Investing Beginner

Rug Pull in Cryptocurrency and How To Avoid It

Reading Time: 6 minutes Investing in cryptocurrency has the potential to generate a greater return than any other type of investment. However, as an investor you have to be careful and study the asset you want to buy first, so…