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The Crypto Credit Crunch
July 6, 2022
The cryptocurrency sphere, particularly its decentralised finance component, has undergone several seismic shifts and events over the past quarter. The number 8 cryptocurrency by market cap, LUNA, and 3rd largest stablecoin Terra, collapsed to essentially 0 over the course of 3 weeks. Several large, centralised institutions that were highly prevalent in DeFi are either insolvent […]
Market Summary BTC is down 70% from all-time highs. Bitcoin has experienced significant downside volatility over the past fortnight, falling from $31,000 to lows of $17,750 . Significant price levels: Supports: $20,000 , $17,600 and $15,000. Resistances: $21,400 and $23,000. Combining technical levels with our option flow model, we are expecting Bitcoin’s price to range […]
A common term used within traditional financial markets is the concept of Enterprise Value (EV). Enterprise value is a measure of a company’s total value that incorporates the market capitalisation of a company, its cash, cash equivalents, and debt. The formula for enterprise value is as follows. EV = Market Value of Equity + Preferred […]
The Collapse of Anchor
June 8, 2022
In our previous article, ‘ Demystifying Anchor ,’ posted on the 2nd of May, we explained how Anchor acted as a savings protocol that, using income derived from staked assets provided as collateral and interest from borrowings, was able to pay interest to UST deposit holders. While the 19.45% advertised interest rate was unsustainable based […]
Exploring Binance Dual Investments
May 24, 2022
Located within the ‘earn’ tab of the Binance interface, Dual Investment is a product that allows individuals to potentially earn a high return on an investment of Bitcoin, Ethereum, Binance Coin, Solana, or Matic. The product is not principal-guaranteed as many of the Binance earn products are; Individuals who subscribe to a specific target take […]