THORChain USD - RUNEUSD

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Technical Analysis for RUNEUSD

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Technical Indicators Chart

• Technical Analysis Indicators

Indicator	Bullish	Bearish
Price and EMA ⓘ	Price crosses above EMA	Price crosses below EMA
Short-Term vs Long-Term EMA ⓘ	Short EMA crosses above Long EMA	Short EMA crosses below Long EMA
Volume ⓘ	Increasing volume during price uptrend	Increasing volume during price downtrend
MACD ⓘ	MACD crosses above Signal Line	MACD crosses below Signal Line
RSI ⓘ	RSI is below 30 (oversold) and starts to rise above 30	RSI is above 70 (overbought) and starts to decline below 70
Candlestick Patterns ⓘ	Bullish candlestick patterns	Bearish candlestick patterns

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Crypto News & Sentiments ⓘ

• THORChain approves plan to restructure $200M debt

  Sentiment: Neutral

  Publish Date: 2025-02-04T11:05:20.000Z

  THORChain's node operators approved a plan to convert $200 million in debt into equity tokens, but community members are raising concerns over its long-term viability.

• Governance Votes in Favor of Proposal 6 to Resolve THORChain's Liquidity Crisis

  Sentiment: Negative

  Publish Date: 2025-02-04T01:08:07.000Z

  THORChain suspended THORFi services on January 23 and implemented a 90-day restructuring plan to address debt from its Savers and Lending programs.

• Thorchain Introduces TCY Token to Address $200 Million Debt Crisis

  Sentiment: Negative

  Publish Date: 2025-02-03T17:30:29.000Z

  Thorchain has endorsed a strategy to transform $200 million in debt into equity by issuing a new token, Thorchain Yield (TCY), in a bid to fortify its financial footing. Thorchain Converts $200 Million Debt to Equity in Restructuring Effort On Jan. 23, Thorchain suspended redemptions for its Lending and Savers programs after amassing considerable liabilities.

• ThorChain restructures with $200M debt-to-equity issue and new TCY token

  Sentiment: Negative

  Publish Date: 2025-02-03T14:44:10.000Z

  ThorChain will restructure $200M in toxic debt from ThorFi, paying out creditors with new TCY tokens. Each TCY token will have a nominal value of $1 for each $1 in lost collaterals, but will start trading at $0.10, allowing some creditors to cash out at a loss.

• THORChain to Convert $200 Million Debt into Equity with TCY Token Issuance

  Sentiment: Negative

  Publish Date: 2025-02-03T14:36:00.000Z

  The majority of validators and other governance members voted in favor of converting debt into equity, moving forward with the TCY issuance.

• THORChain's Plan to Tackle $200M Debt: New TCY Token for Creditors

  Sentiment: Negative

  Publish Date: 2025-02-03T11:57:18.000Z

  TL;DR THORChain is addressing its $200 million debt by issuing a new token called TCY, converting defaulted debt into equity. TCY token holders will receive 10% of THORChain's revenue in perpetuity, aligning their interests with the protocol's long-term growth.

• THORChain to Issue Equity Tokens to Battle $200M Debt After Pausing Bitcoin, Ether Lending

  Sentiment: Negative

  Publish Date: 2025-02-03T11:49:54.000Z

  TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders.

• THORChain plans to tackle $200 million debt crisis by issuing TCY equity tokens

  Sentiment: Negative

  Publish Date: 2025-02-03T07:24:41.000Z

  Thorchain community passed a proposal to resolve its debt crisis and plans to convert defaulted debt into TCY equity tokens.

• As RUNE tanks a further 45% overnight, can THORChain turn its fortunes around?

  Sentiment: Negative

  Publish Date: 2025-02-02T13:37:18.000Z

  As RUNE holders awake to more bad news and a plummeting token price, with the passing proposal 6 by a super majority, can the troubled cross-chain swapping protocol “get users liquid again?” THORChain ‘death spiral' On January 24, CryptoSlate reported that THORChain had suspended Bitcoin and Ethereum withdrawals within its lending and savings programs after

• Thorchain Faces Crisis as RUNE Price Drops 30% and THORFI Paused

  Sentiment: Negative

  Publish Date: 2025-01-26T07:24:22.000Z

  Thorchain, the decentralized cross-chain protocol known for its liquidity services, is facing a serious financial crisis. The platform recently paused its lending service, THORFI, following a wave of insolvency concerns.

• Experts: Will ThorChain's RUNE Bounce Here or Crash Amid Bankruptcy Fear?

  Sentiment: Negative

  Publish Date: 2025-01-25T14:15:20.000Z

  ThorChain has gained the spotlight for the wrong reasons, as it has suspended its Bitcoin and Ethereum withdrawals. This happens amid its insolvency accusation, which came to light after its $199M debt crisis.

• Crypto Weekly Hack Report: $93M Losses from ThorChain and $70M Hack on Phemex

  Sentiment: Negative

  Publish Date: 2025-01-25T12:13:40.000Z

  Several events have impacted DeFi projects and exchanges throughout this week. While ThorChain announced insolvency to suspend its operations leaving behind a $93 million deficit, Singapore-based Phemex endured a hack resulting in over $70 million in losses.

• DeFi Network Thorchain Faces $200 Million in Toxic Debt—Here's What's Going On

  Sentiment: Negative

  Publish Date: 2025-01-24T23:11:05.000Z

  Thorchain community members fear the protocol's savers and lending programs have imperiled its future.

• Thorchain Faces Insolvency, Halts Redemptions

  Sentiment: Negative

  Publish Date: 2025-01-24T22:30:14.000Z

  Node operators voted to temporarily suspend redemptions for the platform's decentralized finance (defi) offerings, but core developers claim it's business as usual for all other aspects of the network.

• THORChain ‘eerily similar' to Terra Luna implosion: Osmosis co-founder

  Sentiment: Negative

  Publish Date: 2025-01-24T19:36:58.000Z

  Sunny Aggarwal, Co-Founder of Osmosis, believes THORChain's liquidity issues mirror the 2022 Terra Luna collapse. THORChain, a decentralized cross-chain liquidity protocol, has paused its network operations due to a significant debt crisis amounting to nearly $200 million.

• THORChain halts withdrawals amid $200M insolvency

  Sentiment: Positive

  Publish Date: 2025-01-24T18:00:00.000Z

  Founded in 2018, THORChain is an OG DeFi L1 chain that rose to fame with its innovative cross-chain swaps (THORSwap). Since then, the chain has expanded to offer lending and savings interest accounts.

• RUNE Declines 20% Amidst THORChain Insolvency Claims

  Sentiment: Neutral

  Publish Date: 2025-01-24T15:18:48.000Z

  THORChain DeFi platform paused BTC and ETH withdrawals. RUNE price plunged over 20% today as THORChain insolvency claims circulate.

• Why These Altcoins Are Trending Today — January 24

  Sentiment: Negative

  Publish Date: 2025-01-24T14:51:57.000Z

  The cryptocurrency market has surged today, fueled by a 44% rise in trading volume over the last 24 hours. This comes after Thursday's decline in market activity, reflected by the 2% drop in total market capitalization.

• Rune Nosedives 19% as THORChain Suspends THORFi Services Over Debt Issues

  Sentiment: Negative

  Publish Date: 2025-01-24T14:21:31.000Z

  TL;DR THORChain has halted operations of its THORFi service due to financial issues and concerns over debt management. Its native token, RUNE, has dropped 19.33% in value over the last 24 hours, reflecting the crisis and causing uncertainty within its community.

• THORChain urgently drops ‘risky' protocol features amid $199 million debt

  Sentiment: Negative

  Publish Date: 2025-01-24T14:21:18.000Z

  THORChain has suspended Bitcoin and Ethereum withdrawals within its lending and savings programs after reports of a $199 million liability surfaced. On Jan. 24, THORChain founder John-Paul Thorbjornsen disclosed that validator node activities for THORFi services have been paused.

* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.