Solana (SOL) Dives Nearly 10%: Market Reactions and Future Outlook

As a researcher with experience in cryptocurrency markets, I’ve been closely monitoring the price action of Solana (SOL). Recently, SOL failed to climb above the significant resistance at $135, leading to another decline in its price. The price of Solana (SOL) was unable to surpass the $135 mark for resistance. Consequently, SOL experienced a significant … Read more

Will Ethereum Skyrocket? Crypto Analyst Predicts $6,000 By September

As a seasoned crypto investor with a background in quantitative analysis, I find degentrading’s perspective on Ethereum’s potential price movement to September 2024 compelling. His deep understanding of market dynamics and the impact of institutional investors, such as Millennium, on trading strategies is insightful. As a researcher following the crypto market closely, I’ve come across … Read more

Light Protocol and Helius Labs Unveil ‘ZK Compression’ to Enhance Solana’s Efficiency

As an experienced analyst, I am genuinely impressed by the groundbreaking innovation introduced by Light Protocol and Helius Labs in the form of ZK Compression on the Solana blockchain. The potential for cost savings and enhanced scalability is immense, as demonstrated by Light Protocol’s examples of reduced costs for developers. Light Protocol and Helius Labs, … Read more

Metaplanet to Issue Bonds to Acquire More Bitcoin

As a crypto investor with a background in Japanese finance, I’m excited about Metaplanet Inc.’s latest move to purchase Bitcoin worth 1 billion yen through bond issuance. This strategic decision aligns with the trend of institutions adopting Bitcoin as a reserve asset, following in the footsteps of MicroStrategy. As a financial analyst at Metaplanet Inc., … Read more

Little-Known But Important Dogecoin Indicator Goes Off, How High Can It Drive Price?

As an experienced crypto analyst with a keen eye for technical indicators, I find the recent development in Dogecoin (DOGE) rather intriguing. The Gaussian Channel (GC), a lesser-known yet powerful tool, has recently flashed green on DOGE’s weekly chart, indicating potential bullish action. This bullish signal comes from the price of DOGE hitting the green … Read more