Cryptocurrency analysis and opinions
11 May 2022 3 minute read 3 comments 0xVince
Over $5 Billion of deposits in the Anchor protocol vanished (5/9) as the Terra algorithmic stablecoin UST lost its pegging to the US Dollar (USD). The value of the deposits fell from $14 Billion to $8.7 Billion, as holders pulled out their UST from t...
2 May 2022 3 minute read 3 comments 0xVince
This article provides information about the Terra network and the Anchor Protocol. This will allow access to the Terra blockchain ecosystem, which provides users with access to DeFi (Decentralized Finance) applications. Terra Blockchain Anchor is a s...
29 Mar 2022 2 minute read 1 comment 0xVince
Bitcoin (BTC) is up about 1.9% for the year (as of March 27), compared with a 4.7% decline for the S&P 500. A fresh rally has seen the price of Bitcoin move from the $38K level to $47K. Bitcoin has passed two levels of resistance leading to a rally,...
1 Mar 2022 3 minute read 2 comments 0xVince
The setup does not look perfect for a rally. That is based on what your indicators show, but suddenly you see the price movement go to the upside. This does not seem possible. Traders get destroyed if they had short positions. However, the uptrend do...
