As an experienced analyst, I have closely watched Bitcoin’s price action over the past few days. After a strong rally to reach the $65,500 resistance zone, BTC failed to sustain its upward momentum. The repeated failure to break above this level indicates that the market is facing significant resistance at this point. The price of … Read more
As an observer with a background in cryptocurrencies and decentralized finance (DeFi), I find Uniswap’s progress on Arbitrum truly remarkable. The approach to surpassing $150 billion in total swap volume is a testament to the growing preference for DeFi solutions and the increasing trust users have in Uniswap as a trusted DEX. “Among Decentralized Exchanges … Read more
As a researcher with extensive experience in the cryptocurrency and blockchain industry, I am thoroughly impressed by the impressive growth and performance of the Binance Smart Chain (BNB Chain) during the first quarter of 2024. The surge in market cap, revenue, average daily active addresses, decentralized finance (DeFi), total value locked (TVL), and average daily … Read more
As a researcher with experience in the cryptocurrency market, I’ve seen firsthand how volatile Bitcoin can be and how quickly sentiment can shift from bullish to bearish. The recent crash from the all-time high price above $73,000 has caused a wave of fear among traders, leading many to place short trades on BTC in anticipation … Read more
As an analyst with extensive experience in cryptocurrency market analysis, I find the recent trend in Cardano (ADA) holder profitability to be concerning. The data from IntoTheBlock highlights a stark contrast between ADA and other top layer 1 networks like Bitcoin and TRX, where the majority of holders are currently seeing gains. The analysis conducted … Read more
As a seasoned cryptocurrency trader with over five years of experience, I’ve seen my fair share of market trends and technical analysis signals. And based on the latest post by analyst Ali on X, it seems that Bitcoin is once again showing signs of potential trouble. A cryptocurrency analyst has shared insights on the possibility … Read more
As a seasoned crypto investor with several years of experience, I’ve seen my fair share of market corrections and the impact they have on various cryptocurrencies. The recent downtrend in Dogecoin (DOGE), the foremost meme coin, is no exception to this pattern. With a decline of over 6% in the last 24 hours, according to … Read more
As someone who closely follows the blockchain industry, I’m thrilled to see Aligned Layer’s successful Series A funding round of $20 million. With Ethereum being the leading web3 ecosystem and its TVL already bridged to other smart contract-enabled chains, it’s crucial to invest in infrastructure that enables Ethereum to become more scalable. As an observer, … Read more
As someone who closely follows the world of blockchain technology and its advancements, I’m excited to see Avail’s innovative Data Availability (DA) layer making waves in the industry. With partnerships secured with five leading layer-2 protocols – Arbitrum, Optimism, Polygon, StarkWare, and zkSync – the future looks promising for this solution that aims to improve … Read more
As a seasoned trader who has closely followed the memecoin market, I’ve seen my fair share of successes and losses. The story of James Wynn, a memecoin investor who made over $12 million in profits with PEPE, is truly inspiring. An astute trader has reaped substantial rewards, earning a thousandfold return on his investment in … Read more