US Nonfarm Payrolls Spark Little Hope as Bitcoin Sees Worst Weekly Decline since FTX Collapse

As a seasoned crypto investor who has been through multiple market downturns and recoveries, I’m keeping a close eye on the upcoming US nonfarm payrolls (NFP) report. The latest dip in Bitcoin’s price, triggered by Mt. Gox’s customer repayment announcement, is a reminder of how interconnected the traditional financial markets are to the crypto market. … Read more

Most Bitcoin Mining Rigs Now Unprofitable amid BTC Price Dip

As an experienced financial analyst, I believe the recent selling pressure on Bitcoin (BTC) and the subsequent price drop below the $54,000 mark is a cause for concern. The sharp decline in profitability for mining rigs, including popular models like Antminer and Avalon, further highlights the bearish sentiment in the market. As an analyst, I’ve … Read more

‘Vitalik: An Ethereum Story’ Premieres in Theatres in September with Official Trailer in July

As an analyst with a background in blockchain technology and film production, I’m excited about the upcoming documentary “Vitalik: An Ethereum Story.” The trailer launch on Zora, a layer-2 scaling solution designed to bring media on-chain, is a testament to the power of decentralization and the innovative ways it can be applied in various industries. … Read more

Bitcoin (BTC) Plummets 8% amid $685M Crypto Liquidations

As a researcher with extensive experience in the crypto market, I find the recent events on July 5th, 2024, quite intriguing and concerning. The sudden sell-off of Bitcoin (BTC) below $54,250, resulting in over $685 million in liquidations, is a stark reminder of the volatility that characterizes this market. I experienced a tumultuous day in … Read more

EU Extends Crypto Travel Rules, Mandates Compliance in 6 Months

As a seasoned crypto investor with a keen interest in regulatory developments, I believe that the EU’s decision to enforce Travel Rule guidelines for crypto-asset service providers (CASPs) is a commendable step towards ensuring transparency and accountability in the crypto industry. The integration of crypto activities into the existing AML/CFT framework will not only strengthen … Read more

BNB Drops Below $500, Extended Bearish Trend On The Horizon?

As a researcher with extensive experience in the cryptocurrency market, I cannot help but express my concern over the recent bearish trend of Binance Coin (BNB), which has fallen below the critical $500 support mark. The selling pressure and growing bearish sentiment within the market are evident in the sharp decline of BNB’s price, which … Read more

Mt. Gox-Related Address Transfers $85M Worth of BTC to Bitbank: Massive Selloff Looming?

As an experienced financial analyst with a background in cryptocurrencies, I find the recent developments surrounding Mt. Gox and its repayments to creditors intriguing. The significant transfers reported by PeckShield have sparked concerns of a potential selloff that could impact Bitcoin and the broader crypto market. As a researcher, I’ve come across an intriguing finding … Read more

Ex-Obama Solicitor Accuses Regulators of Intentional Crypto Debanking

As an experienced analyst, I find Donald B. Verrilli’s perspective on the current state of crypto regulation in the United States particularly insightful. Having served as Solicitor General during the Obama Administration, Verrilli brings a wealth of knowledge and experience to the table. His recent comments regarding the ongoing regulatory challenges facing the crypto industry … Read more