Bybit CEO Denies Insolvency Rumors, Confirms Healthy Balance Sheet

As a seasoned crypto investor with a few years of experience under my belt, I’ve learned to approach rumors of insolvency or financial instability with a healthy dose of skepticism and caution. The recent speculation surrounding Bybit has understandably raised concerns among users, given the industry’s history of high-profile bankruptcies like FTX and others. Beginning … Read more

Non-Empty USDC And USDT Wallets See 13.9% And 15.7% Spike, Why This Is Good For Crypto

As a researcher with experience in the cryptocurrency market, I find the recent surge in non-empty wallets holding stablecoins such as USDC and USDT to be an interesting development. According to data from Santiment, the number of non-empty wallets holding these stablecoins has grown significantly in 2024, with USDC wallets increasing by 13.9% and USDT … Read more

Congressman Emmer Calls for CBDC Ban to Fight Biden’s Alleged Surveillance Plan

As a crypto investor with a strong belief in decentralized finance and privacy, I share Congressman Tom Emmer’s concerns about central bank digital currencies (CBDCs). Emmer’s speech to the House of Representatives hit home for me as someone who values individual sovereignty and the right to control my financial information. Recently, Congressman Tom Emmer expressed … Read more

XRP Whale Moves Over 50M Coins, Sparks FIT21 Bill-Related Speculation

As an experienced financial analyst with a background in crypto and blockchain technology, I find the recent developments surrounding Ripple (XRP) and the newly passed Financial Innovation and Technology for the 21st Century (FIT21) Crypto bill quite intriguing. The jubilation within the crypto community following the House’s approval of the bill was palpable, with many … Read more

Bitcoin Runes Hype Dwindles as Transactions Drop 84%

As an experienced analyst, I have closely followed the Bitcoin Runes protocol since its inception on April 20. Initially, I was intrigued by the surge in activity and transaction volumes, driven largely by the excitement surrounding the Bitcoin halving event. The dominance of Runes transactions on the Bitcoin blockchain was truly remarkable, peaking at 81.3% … Read more

Gate.io Ceases Operations in Hong Kong amid Tightening Crypto Regulations

As a researcher with extensive experience in the cryptocurrency industry, I’m closely monitoring the recent developments surrounding Gate.io’s decision to cease operations of its Hong Kong-based entity, Gate HK. This decision, which comes on the heels of the Securities and Futures Commission (SFC) of Hong Kong’s warning to virtual asset service providers (VASPs) operating in … Read more

StarkWare Introduces ZKThreads to Improve DApp Scalability

As a seasoned crypto investor with a deep understanding of the blockchain ecosystem, I’m excited about the latest announcement from StarkWare regarding their new ZKThreads scaling framework. Starknet, a Layer-2 blockchain developed by StarkWare, has always been known for its innovative solutions to scalability issues within decentralized applications (DApps). With the introduction of ZKThreads, I … Read more

Binance Megadrop Announces Listing of LISTA as Its 2nd Project

As an experienced financial analyst, I am excited about the latest development in the world of cryptocurrencies, specifically the listing of LISTA on Binance’s Megadrop platform. The potential of this project is significant, given its focus on liquid staking and decentralized stablecoins. As a researcher studying the latest developments in the cryptocurrency market, I’m excited … Read more

Gary Gensler Condemns Proposed Crypto Market Bill Ahead of House Vote

As a seasoned crypto investor with years of experience navigating the volatile and rapidly evolving digital asset market, I am deeply concerned about the potential risks posed by the Financial Innovation and Technology for the 21st Century Act (FIT21) to investor protection. Gary Gensler’s warnings resonate with me, as I have seen firsthand how regulatory … Read more

Bollinger Bands Creator Worried about Bitcoin Price Trajectory as Buy Calls Surge

As an experienced financial analyst, I find the recent surge in social media discussions about Bitcoin and the anticipated approval of the spot Ethereum ETF intriguing. While the increase in buy calls on social media platforms is a positive sign for continued price growth, it’s essential to acknowledge the potential risks involved. Santiment, a well-known … Read more