Why Did Bitcoin Plunge Under $58,000? On-Chain Data Says This

As an experienced on-chain analyst, I believe that the recent Bitcoin crash below the $58,000 level was potentially caused by large profit-taking from long-term holders (LTHs). The spike in the LTH SOPR, which indicates that these investors were selling coins with significant profits, coincided with the price decline. Today, Bitcoin experienced a significant drop in … Read more

Worldcoin Sentiment Improves, But March Highs Remain A Distant Dream

As a researcher with a background in cryptocurrency analysis, I’ve been closely monitoring the ups and downs of Worldcoin (WLD) over the past few months. The dramatic price drop from its all-time high to current levels has understandably left many investors feeling jittery and uncertain about the project’s future. As a crypto investor, I’ve witnessed … Read more

Bitcoin Closes CME Gap, Expert Predicts What Happens Next

As a seasoned crypto investor with several years of experience under my belt, I find the analysis of Michael van de Poppe and other cryptocurrency experts like Mkybull Crypto highly insightful. The recent closing of Bitcoin’s CME gap is an important indicator that suggests a potential relief bounce from the current price level. This bullish … Read more

Bitcoin Alert: Mt. Gox Starts Repayments With Small Exchange Transfer

As a researcher with a background in digital currencies and blockchain technology, I have closely followed the developments regarding Mt. Gox’s Bitcoin repayments. The recent transfer of nominal amounts to authorized exchanges marks an important milestone in this long-drawn process, which has been shrouded in uncertainty for years. As a researcher studying the latest developments … Read more

Bitcoin Falls Below 200-Day Simple Moving Average to $57K

As an analyst with a background in cryptocurrency markets and experience observing Bitcoin’s price movements, I find the recent drop below the 200-day Simple Moving Average (SMA) concerning. The consistent downward trend of Bitcoin trading below this important indicator suggests that the digital currency may be following a bearish pattern. In the past 24 hours, … Read more

Orbs Liquidity Hub Bags Strategic Integration with Fenix Finance

As an experienced analyst in the blockchain and cryptocurrency industry, I believe that Orbs’ strategic investment and deployment of its Liquidity Hub on Fenix Finance marks a significant milestone for both parties. This move reflects Orbs’ commitment to fostering innovation within the Decentralized Finance (DeFi) ecosystem and expanding the capabilities of its Layer 3 (L3) … Read more

Aptos Labs Launches Aptos Connect: Revolutionary Web3 Onboarding Tool

As an experienced analyst in the blockchain and digital wallet space, I am thrilled about Aptos Labs’ latest innovation, Aptos Connect. This new web-based, cross-platform, self-custodial wallet is a game-changer for the next generation of Web3 users. As a researcher, I’m excited to share that Aptos Labs has recently unveiled its latest initiative: Aptos Connect. … Read more

Bybit Enters Switzerland’s Crypto Market via Dual Sponsorship amid MiCA Regulation Implementation

As an analyst with a background in the crypto industry, I see Bybit’s entry into the Swiss market as a strategic move that aligns with the European Union’s regulatory framework for crypto assets (MiCA). Bybit’s success in attracting institutional investors and high-frequency traders to its sponsored events at the Swiss Summer Web3Fest and the Crypto … Read more