Polygon Records Over 1 Million Active Addresses – Impact On MATIC Price

As a researcher with a background in blockchain technology and market analysis, I find Polygon’s (MATIC) current situation intriguing. The network’s significant increase in active addresses, reaching 1.18 million on July 8th, outpacing both Ethereum and Bitcoin, is a promising sign. However, the cryptocurrency’s price remains uncertain and unpredictable, held back by a possible technical … Read more

Binance vs SEC: Judge Sets Key Deadlines in Ongoing Legal Battle

As a researcher with a background in finance and law, I find the ongoing legal battle between the Securities and Exchange Commission (SEC) and Binance to be an intriguing development in the regulatory landscape of the cryptocurrency industry. Having closely followed the case, I believe that the SEC’s decision to amend its initial complaint against … Read more

Bitcoin Price Rebounds towards $60K Fueled by Increased Whale Activity, Is Correction Over?

As a researcher with experience in the cryptocurrency market, I’ve witnessed the volatility and unpredictability that comes with it. The recent surge in Bitcoin’s price above $59K was a welcome relief for investors after a prolonged period of uncertainty. However, the lack of momentum to sustainably break through the 200-day moving average is concerning. The … Read more

Ethereum Whale Withdraws $50M Ahead of Potential ETF Approval

As a researcher with a background in cryptocurrencies and blockchain technology, I find this recent Ethereum (ETH) development particularly intriguing. The surge in price to $3,100 and the anticipation of the first-ever spot Ethereum ETF approval is a bullish sign for the asset. Furthermore, the increasing whale activity, such as the 16,449 ETH withdrawal from … Read more

Celestia’s TIA Token Soars 25%, Stuns Crypto Traders amid Shorting Pressure

As a researcher with experience in the cryptocurrency market, I find the recent price surge of Celestia’s native cryptocurrency TIA intriguing yet cautiously optimistic. The 25% increase within a week and reaching $7.30 places TIA among the top performers among leading digital assets. However, I cannot ignore the negative funding rates, which indicate bearish sentiment … Read more

Uniswap Cites Chevron Case Requesting SEC to Drop Bid on Ruling Over DeFi

As a researcher with a background in blockchain technology and decentralized finance (DeFi), I strongly believe that Uniswap Labs is taking a principled stand against the US Securities and Exchange Commission’s (SEC) proposed amendments to the definition of an “exchange” under the Exchange Act of 1934. Uniswap Labs, the team behind the popular decentralized exchange … Read more

SBI Digital Markets Appoints Jai Yung Byun to Bolster Its South Korean Presence

As an analyst with a background in finance and experience following the cryptocurrency industry, I believe that SBI Digital Markets’ appointment of Jai Yung Byun as its principal consultant is a strategic move that will significantly strengthen their position in South Korea. Byun’s extensive experience in the Korean financial market, especially his previous roles at … Read more

8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager

As a researcher with experience in the cryptocurrency market, I find Travis Kling’s bullish outlook on Bitcoin intriguing. He presents several compelling reasons to be optimistic about the digital asset’s future price performance. As a crypto investor, I can tell you that although Bitcoin‘s price hasn’t yet surpassed the important $60,000 mark to rejoin its … Read more