Dogecoin Derivatives Volume Jumps 111% As Open Interest Spikes, But What About Price?

As a long-term Dogecoin investor with a few years of experience in the crypto market, I’m keeping a close eye on the recent developments with DOGE. The increased derivatives trading volume and open interest are certainly positive signs that institutional investors and traders are showing renewed interest in the meme coin. However, the lackluster price … Read more

Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements

As a seasoned crypto investor with a few years under my belt, I find Novogratz’s analysis of the current market situation both insightful and reassuring. The consolidation phase he describes is something I’ve experienced before, and it usually precedes a significant price surge. Mike Novogratz, the head of Galaxy Digital, offered his perspectives on the … Read more

‘The Dog Days Are Over’: Cat Memecoins Soar 16.1% After Roaring Kitty’s Return

As an experienced analyst, I’ve closely followed the memecoin market and its various trends over the years. Roaring Kitty’s sudden return to social media sent shockwaves throughout the community, with his past involvement in the 2021 meme stock frenzy still fresh in everyone’s memory. The cryptic videos he posted, featuring cats and memecoin edits, triggered … Read more

Is Ethereum Set For A Major Rally? Options Traders Bet Big On $3,600+ Targets For June

As a seasoned crypto investor with a keen interest in Ethereum (ETH), I find the recent trend in ETH options for June particularly intriguing. The bullish sentiment among traders is palpable, as evidenced by their concentrated bets on higher strike prices, specifically above $3,600. This optimistic outlook is further underscored by the substantial positioning of … Read more

Tornado Cash Developer Sentenced to 64 Months for Laundering $1.2B

As an analyst with a background in criminal justice and cybersecurity, I find the sentence handed down to Alexey Pertsev, one of the developers behind Tornado Cash, both significant and concerning. The court’s decision sends a clear message that developing or facilitating platforms used for money laundering will not be tolerated, regardless of their open-source … Read more

Bitcoin Hashrate Dips Post-Halving, Here’s Why

As an analyst with a background in cryptocurrency and mining operations, I find the current state of Bitcoin’s hashrate particularly intriguing. The recent drop to a two-month low of 586 EH/s is concerning, especially given the expectations that the halving would lead to a surge in hashrate. The hashrate of Bitcoin reached a nearly three-month … Read more

Tether Inks Bitcoin and Stablecoins MOU Deal with RAK DAO

As a seasoned crypto investor with a keen interest in the latest developments within the industry, I am thrilled to hear about Tether’s collaboration with RAK DAO. This strategic partnership marks an essential step towards increasing crypto adoption and fostering Web3 innovation in Ras Al Khaimah, a region that is poised for significant growth. Tether … Read more