As an analyst with a background in blockchain finance and experience in analyzing market events and their impact on key players, I believe that the recent sudden crash in Curve Finance’s native token CRV has resulted in significant losses for the platform’s founder, Michael Egorov. The reported liquidations totaling over $140 million are a stark … Read more
As an experienced cryptocurrency analyst, I believe that Bitcoin still holds significant potential for growth despite the recent price drop below $70,000. Based on CryptoCon’s Magic Bands analysis, it appears that we are still in the early stages of this bull cycle, with the potential for a 35% surge to $91,500 by 2024. Despite the … Read more
As a researcher with experience in the crypto markets, I’ve seen my fair share of price volatility and institutional maneuvering. The current situation with Bitcoin at spot rates is intriguing, to say the least. Bitcoin‘s price holds strong at current spot rates, but there’s uncertainty among traders about the sustainability of the uptrend after an … Read more
As an experienced analyst, I find the recent memecoin mania surrounding Daddy Tate (DADDY) and its association with Andrew Tate to be a concerning development for crypto investors. While DADDY has gained significant traction, surpassing Iggy Azalea’s MOTHER in market capitalization, it is essential to examine the background of the individuals involved and the potential … Read more
As an analyst with a background in the cryptocurrency market and having closely followed the XRP saga, I share Sean McBride’s perspective that the ongoing lawsuit with the SEC is the primary reason for XRP’s lackluster price action. The uncertainty surrounding the outcome of the case has kept institutional investors on the sidelines, preventing significant … Read more
As an experienced analyst, I’ve seen my fair share of price patterns in the cryptocurrency market. The Symmetrical Triangle pattern that Solana has been forming in its daily price chart is a familiar one to me. A financial analyst has provided an insightful interpretation: The Symmetrical Triangle pattern emerging in Solana’s price chart may signal … Read more
As a crypto investor with some experience in technical analysis, I’m concerned about the recent downturn in the cryptocurrency market and how it’s impacting Uniswap (UNI). The price analysis of UNI suggests that we may be in for further declines. In simpler terms, the well-known Decentralized Finance (DeFi) token UNISwap (UNI) is preparing for potential … Read more
As a seasoned crypto investor with a keen interest in MicroStrategy’s Bitcoin acquisitions, I find this latest announcement an exciting development. MicroStrategy’s decision to sell convertible senior notes to fund further Bitcoin purchases is a testament to their strong belief in the digital asset as a dependable store of value and an attractive investment asset. … Read more
As an experienced analyst with a background in blockchain technology and cryptography, I am particularly intrigued by Space and Time’s (SxT) latest offering, Proof of SQL. This sub-second zero-knowledge (ZK) prover stack is designed to enable trustless queries on SQL databases, making it an essential tool for the next generation of decentralized finance (DeFi) applications. … Read more
As a seasoned crypto investor with a keen interest in European markets, I find the potential dominance of EUR stablecoins over USD variants an intriguing development. The recent surge in euro-backed stablecoin transactions, as highlighted by Patrick Hansen, Director of Strategy and Policy at Circle, is a clear indication that this trend is gaining momentum. … Read more