The market takes a breather
The market is still stunned and waiting. It must be said that this is a completely normal reaction in these circumstances. Normally, when a crash of these characteristics is caused by something as important as what FTX has caused, there must be a “digestion” of the event, which we know as distribution. And this is […]
We are here
Miners analysis Miners are in a difficult situation, with a cost structure at the limit and the sales pressure has increased by 400% as shown in the following Tradingview graph: This implies two things: there will be miners who are going to stop mining, and there will be miners who will have to sell part […]
Crypto Economy; Part 1
FOREWORD In almost every country, the financial sector is in the midst of a profound transformation. The worst thing is the clear evidence (at the political and financial level) of no unity in the face of this important challenge, a challenge that tries to solve the big problem that is coming their way. There is […]
Weekly Review for $BTC, BTC Dominance, $MATIC and $DYDX
Week of falls in the crypto market after the events that occurred during these days with the FTX cases and the SEC ruling against Ripple that have caused a chain effect that affected the entire market. $BTC has generated a lower low, breaking through the $18k support zone. This situation leaves a scenario of fear […]
Dubai Esports Festival, esports needs Blockchain
Today, Thursday 10/11, the Initiate Summit of the Dubai Esports Festival ended. Meeting where BELOBABA attended to explain why from our point of view, gaming and esports will be the gateway for crypto assets to massive adoption and how we are managing the investment in them. The event is dedicated to gaming, esports and PopCon […]
Oh my God.. deja-vu….
This week has broken all the schemes with which we are working… let’s be honest: An event like this is difficult to foresee (a full-fledged black swan). Although there is an anomalous concentration of these phenomena, this does not mean that we can predict them. Undoubtedly, an event of this caliber completely changes the work […]
The Biggest Whale
One of the biggest threats to the Crypto ecosystem is the behavior of some whales that may abuse of their position of dominance over the market by manipulating prices with their movements. This problem, which should tend to disappear as social adoption becomes more widespread, is a major headache for analysts, and for those who […]
$BTC, $MATIC, $OCEAN and $BAND weekly review
The first week of November brings us a new interest rate hike by the FOMC, which after last amendment reaches 4%. This caused a new bearish impulse in the markets, which reached their monthly low at the close on Wednesday, despite the fact that this rate hike was already discounted in the markets. But these […]
TraFi vs CeFi vs DeFi, check your convictions
Being in a full and conscious economic recession, given the data of the last 2 quarters with a negative GDP growth -1.6% in the first quarter of 2022 and -0.9% in the second quarter of 2022, these are the moments where we must review our convictions and put on the table whether we really have sufficiently […]
Monthly Review: $BTC, $ETH and $MATIC
The last week of October leaves us with an encouraging bullish close in the crypto market that is clearly reflected in $BTC, which has left a rebound move from support to test and even pierce the first short-term resistance zone at $20.5k, but for the moment without a large increase in volume as we can […]