Neutrino USD (USDN), a stablecoin in the Waves ecosystem, has lost its peg and is now trading at $0.86. What could be going on? Waves is a blockchain platform that can be used for many things, such as smart contracts and decentralized applications (DApps). When the Russia-Ukraine conflict began on February 24, 2022, the Waves price surged from $10 to $63—a more than 600% gain in just one month—because the project belonged to the Ukrainian-born scientist Alexander Ivanov (also known as Sasha Ivanov). Four Factors depend on waves surged more than 600% in just a month Waves 2.0 and 2022…
Author: Muhammad Humair Qureshi
Muhammad Humair Qureshi
I am a data-driven researcher and experienced data analyst with expertise in SQL, Tableau, advanced Excel, blockchain, stock market analysis, business intelligence, web3 writing, technical writing, and content creation. With a strong passion for leveraging data to solve problems, I have accumulated extensive experience in conducting research and producing over 500 high-quality research articles. In my previous role, I served as a data-driven research writer in the fintech industry. There, I excelled in collecting, cleaning, and analyzing data to generate valuable insights that supported informed decision-making. Utilizing my proficiency in SQL, Tableau, and advanced Excel, I effectively transformed complex data into actionable information. Additionally, my deep understanding of blockchain technology and the stock market allowed me to provide comprehensive analysis in those areas. Currently, I work as a freelance data analyst and writer, taking on various projects that require data-driven approaches. Whether it's developing data-driven marketing campaigns or crafting technical documentation, I ensure that my work is of the highest quality and delivers meaningful results. Throughout my career, I have produced a substantial body of work, authoring 500+ research articles across diverse topics.
Cosmos Atom’s technical analysis shows that after the September 9th high, ATOM is down more than 43%, which indicates some caution for ATOM holders. In addition, Osmosis liquidity has decreased from 282 million to 178 million, a 37% decrease, which is approximately the same level as on June 12, 2022. According to the weekly timeframe, ATOM is now transitioning from an uptrend to a downtrend, as shown in the chart below: following the Luna incident, ATOM declined $5.6 and then moved up; on September 9, ATOM touched $17, so going forward, it is now in a downtrend in the daily…
When comparing the Bitcoin 2018 bear market to the 2022 market after June, the 2022 monthly candle is identical to the 2018 market status such as July, August, September, October, and now December. I’m a data analyst, and I know that if you ask the right question about the right data, you can gain some interesting insight that can help you make a decision to take the next step, so I analyze the previous market data for bitcoin to compare with the current market situation, so let’s get started. Discuss the Bitcoin monthly chart from 2018 and 2022 in brief…
On Sunday 13 November When Axie Infinity (AXS) made a new price of 4$ and now 5 December the price pumped more than 2x, AXS pumped today more than 25% Open price is $6.68 and is high at $8.8 at the time writing. Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players. We update our AXS to USD price in real-time. Axie Infinity is up 25% in the last couple of hours. The current CoinMarketCap ranking is #51. Before we moving why the price of AXS is pumping first we look…
After the luna UST incident, everyone is talking about “Crypto Winter” because of the liquidity crunch that’s why Crypto Exchange reduce its workforce today’s Bybit announced layoffs workforce to survive the bear market. Bybit previously cut its workforce by an unspecified number in June. Reported by Theblock Ben Zhou, the CEO, and co-founder of the Singapore-based crypto exchange, previously worked for XM, one of the world’s largest forex and CFD trading brokerage firms. made the announcement on Twitter at 12:32 a.m. ET. “The planned downsizing will be across the board,” Zhou tweeted, adding: “For our impacted colleagues, we will try to…
Before US jobs report, on Wednesday, November 30, at the Brookings Institute on economic outlook, the Federal Reserve’s Chair, Jerome Powell, implied the Fed will likely raise interest rates by another 0.5 percentage points, or 50 basis points. The market has already absorbed 50 basis points of rate hikes because Federal Reserve officials decided earlier in November that the central bank should soon slow down the rate of interest rate increases to avoid overtightening. This showed that they were leaning toward a 50-basis-point increase in December. “A substantial majority of participants judged that a slowing in the pace of increase…
The world’s third-largest cryptocurrency exchange laid off more than 1,100 employees and declared a crypto winter. The company said in a blog post that the weakening in crypto markets was caused by slowing macroeconomic and geopolitical factors. Kraken, which is the world’s third-largest cryptocurrency exchange by volume, is letting go of about 30% of its staff, according to the company’s CEO. “Today we’re announcing one of the hardest decisions at Kraken to date. We’re reducing our global workforce by approximately 1,100 people, or 30 percent, in order to adapt to current market conditions.” said in a blog post Kraken is…
Fantom on-chain analysis 75% of the FTM token supply is locked, with the remaining 25% unlocked, indicating that whales and holders believe in the FTM token. FTM is now down more than 90% from its previous all-time high of $3.3, and its market cap has dropped from $7.6 billion to less than $600 million, according to coinmarketcap. In the previous article, we discussed Fantom revenue and gained some insight, such as the fact that the Fantom Treasury holds approximately 18% of FTM supply. On October 22, when the FTM price was $0.19, it was on its way to recovering from…
Andre Cronje a software architect with 20 years plus of development experience, says that the Fantom blockchain project he advises has a positive cash flow and brings in more than $10 million a year. Why Fantom Token Price Rising Just a recap about fantom (FTM) is a layer 1 decentralized, permissionless, open-source smart contract platform for decentralized applications (dApps) and digital assets as like Ethereum. The network competes with Solana, Avalanche, and Polygon to take over the market share of Ethereum. Cronje shared a medium blog post on Monday 28-11-22 about Fantom: an inside financial peek at being a “crypto company” After…
Blockchain lender BlockFi sues Sam Bankman-Fried for seizing his stake in Robinhood. The FTX founder allegedly pledged Robinhood shares as collateral just days before his exchange collapsed. BlockFi filed for bankruptcy protection on Monday, citing “a severe liquidity crunch”. BlockFi Filing Complaint The filing, which was first reported by The Financial Times, came just hours after BlockFi filed for bankruptcy, citing “a liquidity crisis” caused by exposure to SBF’s FTX exchange and its sister hedge fund firm Alameda research. BlockFi sued Bankman-Fried’s Emergent Fidelity Technologies in the same New Jersey court where it filed for bankruptcy. It demanded undisclosed collateral. According to loan…