Before we jump into Perpetual Swaps, let’s first understand the history of derivatives, what derivatives are, and their types. History of Derivatives Derivatives are said to have existed even in cultures as ancient as Mesopotamia which existed over 3,000 years ago. It was said that one of the kings during…

We have been talking about Bitcoin’s move towards the downside for the past month. In our last analysis, we warned our readers that Bitcoin’s recent pump was similar to its fakeout back in December and it could ultimately take the price down to $21,000. That eventually played out now as…

There are many myths regarding cryptocurrency. Some of them are so ubiquitous and some just fly right under your radar. Cryptocurrencies have been around for quite some time now. They have significantly grown in popularity since 2020. However, for a layman, the crypto markets can be complex and obscure. It…

Bitcoin is currently trading around the $31,600 mark after a breakout in the upwards direction. In our last analysis, we highlighted that the next move is going to be massive for Bitcoin. As you can see from the chart below, Bitcoin broke out of its consolidation zone with huge volume.

If you have been following the recent UST fiasco, you might be wondering what’s next in store for stablecoins. Terra’s stablecoin crash raises some pressing questions. What’s the safest stablecoin to hold right now? How is the crash going to affect other stablecoins? And most importantly what are the risks…

Following the bloodbath of the previous week, Bitcoin has entered a consolidation phase with the price hovering between $31,000 and $28,000. As of today, Bitcoin is trading around the $29,000 to $30,000 mark. BTC is moving in a downward channel on all macro timeframes, but the constant bleeding has stopped…

The Shocking Story of How a Once Top-10 Cryptocurrency Completely Collapsed It’s hard to believe that only a week ago, Luna was among the top 10 cryptocurrencies in the world with billions of dollars flowing into it. And all it took was one market swing to turn Luna hodlers from…

The Terra ecosystem collapsed almost entirely today. The UST stablecoin remains stagnated in the sub-dollar region for the third day running, and LUNA, its sister token, has fallen almost 99% off its 2022 high. The Events Leading Up to the UST Crash 7th May: Starting around May 7th at 4 PM EST, Terra lost its peg. The first…

BTC had been consolidating around the $37k area for the past few weeks. However, its recent attempt to breach $40k resulted in a strong downward trend, breaking all major and minor support levels in a matter of days. The price movement has yet to show any bullish sign, but the…