As an experienced analyst in the cryptocurrency space, I’ve seen my fair share of delistings and market volatility. Binance’s recent announcement of delisting four altcoins – BarnBridge (BOND), Dock (DOCK), Mdex (MDX), and Polkastarter (POLS) – from its platform on July 22, 2024, is a reminder of the dynamic nature of this industry. Starting on … Read more
As a seasoned crypto investor with a few years under my belt, I’ve learned that the price action of Bitcoin is never a straightforward affair. The recent 6% surge above the $53,000 mark has brought some optimism back into the market, but it’s important to remain cautious and not get carried away by short-term gains. … Read more
As a researcher with experience in cryptocurrency markets, I have closely observed the recent price action of Bitcoin (BTC). Based on my analysis, it appears that the price has failed to start a sustainable recovery above the $58,500 resistance zone. Instead, BTC has resumed its downward trend and is currently trading below key support levels … Read more
As a researcher with experience in cryptocurrency markets, I’ve been closely monitoring Ethereum (ETH) price movements. Based on the latest trends and technical analysis, it appears that Ethereum remains at risk of more downsides. The price has failed to recover above key resistance levels and has instead declined below $3,000 and the 100-hourly Simple Moving … Read more
As a researcher with experience in cryptocurrency markets, I’ve been closely monitoring the XRP price action. Based on my analysis of the current chart patterns and trends, it appears that XRP is facing significant resistance at the $0.450 level and has since consolidated below this point. The price is now trading below the $0.4250 support … Read more
As a researcher with experience in cryptocurrency analysis, I’ve been closely monitoring Dogecoin’s (DOGE) price action against the US Dollar (USD). After a brief recovery attempt above the $0.1150 resistance zone, DOGE has once again faced selling pressure and is consolidating below this level. “Dogecoin has had a hard time bouncing back above the $0.1150 … Read more
As a seasoned crypto investor with a background in market analysis, I’ve witnessed Bitcoin’s volatile nature firsthand. The recent rally and subsequent bearish engulfing candlestick pattern have left me cautiously optimistic about the future price movements of Bitcoin. As an analyst, I’ve observed that Bitcoin saw a strong surge on Saturday, pushing past the $58,250 … Read more
As a seasoned crypto investor with a keen eye for market trends and fundamental analysis, I’m cautiously optimistic about the potential resurgence of Polkadot (DOT). The confluence of three key factors – rumors of a DOT ETF on Coinbase, a bullish technical chart pattern, and healthy levels of liquidity in the market – has piqued … Read more
As a researcher with a background in finance and experience in studying cryptocurrency markets, I find the recent turbulence in the crypto derivatives market both intriguing and concerning. The massive liquidation events, totaling over $450 million in losses for traders across various exchanges and digital assets, have significantly impacted the broader crypto ecosystem. As a … Read more
As a researcher with a background in blockchain technology and experience in analyzing digital asset markets, I find Immutable’s recent growth in the first half of 2024 to be quite impressive. The platform’s record-breaking number of game partnerships, including that of Netmarble, is a significant step forward for web3 gaming and a testament to the … Read more