As an analyst with extensive experience in the cryptocurrency market, I’m closely monitoring the latest developments at BlockFi. The company’s decision to shut down its platform and partner with Coinbase marks a significant turning point in its bankruptcy proceedings. BlockFi, the New Jersey-based crypto lender, announced on May 9, 2024, that it will be winding … Read more
As an experienced analyst, I believe that BNB price is showing positive signs of a potential bullish trend. The recent increase from the $540 zone is significant, as it has allowed the price to surpass key resistance levels such as $580 and the 100 simple moving average (4 hours). Furthermore, the formation of a bullish … Read more
As a researcher, I find Trump’s recent shift towards supporting Bitcoin and cryptocurrencies to be an intriguing development that could potentially have significant implications for the digital currency market. The comments made by former President Trump have sparked widespread speculation among analysts and investors regarding the potential price impact on Bitcoin and other digital currencies, … Read more
As a crypto investor with some experience in the market, I’ve seen XRP price go through its ups and downs. Currently, the price is consolidating above the $0.50 support but extending losses if it fails to recover above the $0.530 resistance zone. This is similar to what we’ve seen with Bitcoin and Ethereum. XRP’s price … Read more
As a researcher with extensive experience in cryptocurrency markets and Ethereum price analysis, I believe that Ethereum is showing signs of recovery after finding support near the $2,940 level. The bulls have managed to push the price above major resistance levels, including the 100-hourly Simple Moving Average and a bearish trend line with resistance at … Read more
As a seasoned crypto investor with several years of experience under my belt, I’ve seen Bitcoin’s price action through various market cycles. The recent dip below the $62,000 mark was concerning, but the support at $60,600 held firm, and the price has since started recovering. The price of Bitcoin rebounded slightly around the $60,600 mark. … Read more
As a crypto investor with some experience under my belt, I find the recent analysis on Bitcoin’s market conditions during its latest high and the 2021 peak quite intriguing. The distinction between long liquidations dominating over short ones in the current rally versus the trend observed in the previous bull run is a crucial insight … Read more
As a seasoned crypto investor with years of experience in the market, I’ve seen my fair share of price fluctuations and market trends. Van de Poppe’s analysis is a cause for concern, as Bitcoin’s current position at the lower end of its range could lead to a significant correction if it fails to hold. The … Read more
As a researcher with extensive experience in the digital asset industry, I find Grayscale’s Q1 revenue performance both intriguing and noteworthy. Despite facing significant outflows due to higher fees compared to competitors, GBTC managed to exceed expectations in terms of revenue attributable to the trust. This can be attributed to the overall increase in Bitcoin … Read more
As a seasoned crypto investor with a keen interest in technical analysis, I find the TD Sequential buy signal formed by Arbitrum (ARB) on its weekly chart intriguing. Having observed several market cycles and various indicators over the years, I believe that this potential reversal point could mark an opportune moment for entering or increasing … Read more