As a researcher with experience in the crypto and blockchain space, I find the comparison between Coinbase and Amazon drawn by Bitwise’s report intriguing and thought-provoking. The financial performance of Coinbase has been impressive, with significant growth across all business lines and strong revenue streams. However, the real game-changer could be Base Layer 2 network. … Read more
As an analyst with a background in finance and economics, I have closely followed the evolving relationship between traditional politics and the crypto industry. Donald Trump’s recent announcement that he will accept cryptocurrency donations for his 2024 presidential campaign is a significant development worth examining. In preparation for the 2024 US election, Donald Trump is … Read more
As a seasoned crypto investor with a keen eye on global economic trends, I find the recent analysis by Swan Bitcoin executive Dante Cook particularly intriguing. The potential correlation between the declining Japanese Yen and Bitcoin’s future performance is an interesting perspective that warrants closer attention. The broader cryptocurrency market has been affected by global … Read more
As a researcher with a background in finance and cryptocurrencies, I’ve closely followed the developments surrounding XRP, the digital asset created by Ripple Labs. The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has cast a long shadow over XRP, causing its price to plummet significantly. However, despite these challenges, … Read more
As an experienced analyst, I believe that Litecoin’s price is showing positive signs of recovery after finding support at the $75.00 resistance zone. The bullish momentum could continue if the price manages to clear the key resistance levels of $83.00 and $84.00. However, a failure to do so could result in a downside correction toward … Read more
As a researcher with experience in the cryptocurrency market, I’m observing a positive trend in Tron (TRX) price against the US dollar. The price has broken above the $0.1220 resistance level and is currently trading above the 100 simple moving average on the 4-hour chart. As a researcher studying the cryptocurrency market, I’ve noticed that … Read more
As a researcher with experience in analyzing cryptocurrency markets, I believe that Cardano (ADA) is making an attempt to break above the resistance zone at $0.4500. The price action is noteworthy as it has already surpassed the crucial $0.4350 and $0.4420 levels, indicating a potential shift in market sentiment. As an analyst, I would express … Read more
As an experienced financial analyst, I have closely monitored the Bitcoin market for years. Based on the current price action, it appears that Bitcoin is showing bearish signs and might turn more bearish if it settles below the $60,000 support zone. The price of Bitcoin continued to drop and was now below the $62,500 threshold. … Read more
As a seasoned crypto investor with several years of experience under my belt, I’ve seen Ethereum price cycles come and go. And right now, it looks like ETH is testing the waters below the $3,000 mark once again. The price of Ethereum has continued to decline, touching the support at around $2,940. If Ethereum manages … Read more
As a seasoned crypto investor with a keen interest in Bitcoin’s fundamentals, I find Ki Young Ju’s analysis intriguing. The Hashrate/Market Cap Ratio is an insightful metric that sheds light on the potential upside for Bitcoin’s price based on network fundamentals. The head of analytics company CryptoQuant has shared insights on how the underlying components … Read more