Bitcoin Traders Closing More Positions As Prices Range Above $60,000

As a researcher with experience in cryptocurrency markets, I find the current Bitcoin trend intriguing. The recent price decline following the unsuccessful attempt to break above $66,000 has left many traders feeling uncertain about the future direction of BTC. However, a closer look at on-chain data, as shared by one analyst using CryptoQuant, offers a … Read more

CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?

As a seasoned crypto investor with a keen interest in market trends and fundamental analysis, I find Young Ju’s prediction of Bitcoin reaching $265,000 not only plausible but also exciting. His rationale is based on the Hashrate/Market Cap ratio, which indicates that Bitcoin’s current network fundamentals could support a threefold increase in market cap and … Read more

Taiwan Proposes Strict AML Laws for Crypto Firms

As an analyst with a background in financial regulation and experience in the Asian market, I strongly support Taiwan’s proposed amendment to its Anti-Money Laundering Law. The focus on crypto firms and virtual asset service providers (VASPs) is particularly noteworthy given the increasing risks of fraud and money laundering activities in the digital asset space. … Read more

Ethereum (ETH) Price Dips Below $3K amid Increased Short-Term Fear

As a researcher with a background in cryptocurrencies and financial markets, I have closely monitored Ethereum’s (ETH) recent price action and developments within the ecosystem. The ongoing correction in the crypto market has seen ETH test support levels below $3,000, forming a descending triangle on the daily time frame. During the recent cryptocurrency market downturn, … Read more

Analyst Narrows Down Timeline For Bitcoin Peak This Bull Cycle

As a researcher with experience in cryptocurrency analysis, I find Rekt Capital’s perspective on the potential Bitcoin peak intriguing. His historical analysis of past price trends following the Halving event aligns well with current market movements. The fact that Bitcoin has demonstrated a consolidation period and a slower cycle acceleration rate compared to previous cycles … Read more

Ripple and XRPL Labs Join Digital Asset Recovery Protocol DeRec Alliance

As an analyst with a background in blockchain technology and digital asset recovery, I am excited about the formation of the Decentralized Recovery (DeRec) Alliance. The alliance, which includes founding members Ripple and XRP Labs, Hedera blockchain network developer Swirld Labs, and the Algorand Foundation, aims to simplify digital asset recovery through open-source methodologies. The … Read more

VanEck’s MarketVector Index Tracking Meme Coins Sees 195% Jump

As an experienced financial analyst, I’ve seen my fair share of market trends come and go. But the recent surge in meme coins, particularly those based on Solana, has been nothing short of astonishing. VanEck’s newest financial product, the MarketVector Meme Coin Index, has been introduced. This index will follow the trend of the most … Read more