Bitcoin Price Dips below $59K Leading to Heavy Altcoin Capitulation, Is Crypto Bull Cycle Over?

As a researcher with a background in cryptocurrencies and blockchain technology, I have been closely monitoring the recent developments in the Bitcoin market. The past few days have been particularly challenging for investors as the price of Bitcoin dropped below the crucial support level of $60,000, leading to significant losses in the leveraged markets. The … Read more

BitMEX Introduces Meme Coin Basket Index

As an experienced financial analyst, I see BitMEX’s new MEMEMEXTUSDT Basket Index Perpetual Swap Contract as a game-changer in the meme coin market. Having closely followed the crypto derivatives exchange’s offerings, I am impressed with their continuous efforts to cater to the evolving needs of traders. BitMEX, the prominent crypto derivatives exchange, has introduced a … Read more

Bitcoin Price Could Massively Crash Like In May 2021, Warns Fund Manager

As a researcher with extensive experience in the crypto market, I find Andrew Kang’s analysis on the potential Bitcoin crash reminiscent of May 2021 a cause for concern. The current market dynamics, including high leveraged positions and extended periods without significant price corrections, bear striking resemblances to the conditions that precipitated the last crash. The … Read more

Hamster Kombat to Finally Conduct Its TGE Event in July after Crossing Over 200M Users

As a researcher with a background in blockchain technology and gaming industry, I’m thrilled to see the exciting developments taking place in the Hamster Kombat community. The upcoming Token Generation Event (TGE) and potential airdrop distribution are particularly noteworthy. Hamster Kombat, a widely-used crypto game on Telegram with an engaging play-to-earn (P2E) model, has some … Read more

LayerZero V2 Connects Flare to 75 Other Blockchains with Latest Integration

As a researcher with a background in blockchain technology, I’m excited about Flare’s recent integration with LayerZero V2. This development opens up a world of possibilities for Flare by enabling it to connect with 75 different blockchain networks and over 50,000 decentralized applications (dApps). On July 3, 2023, Flare, the primary blockchain for data, unveiled … Read more

Solana Eases Gains: Can SOL Bulls Safeguard the $132 Support?

As a seasoned crypto investor with years of experience in the market, I’ve seen my fair share of price declines, including Solana’s recent 10% drop from the $155 resistance. The SOL price chart looks ominous right now, with the price trading below key support levels and technical indicators pointing to further potential losses. Solana experienced … Read more